"It All Happened in One Evening" – The Kremlin Replaces Roscosmos Head

Yuri Borisov has been relieved of his position as the CEO of Roscosmos, announced the Kremlin. The decision to change the leadership was made unexpectedly, and most employees only learned about it in the morning, NewsBox reports.

Yuri Borisov is no longer at the helm of the state corporation Roscosmos – this information was published by the Kremlin. According to a source at RBC familiar with the inner workings of the company, the leadership change occurred without warning.

The source indicated that the vast majority of Roscosmos employees were not aware of the decision until Thursday morning. It was emphasized that the decision was made within the span of a single evening.

One potential reason for the personnel changes was the uncertain funding for the National Space Center project in Moscow. The cost of construction has been continually increasing, leading to a reevaluation of territorial allocation and rising operational expenses. This may have contributed to the leadership change.