Russia lost a military satellite in February 2011, a telecommunications satellite in August of that year, and three navigation satellites in December 2010.
Head of the Khrunichev Space Research and Production Center, Vladimir Nesterov, resigned in mid-Augus following a string of launch failures.
Meanwhile, Russia's space agency chief Vladimir Popovkin has ordered the establishment of quality inspection teams at plants that produce rocket parts.
The inspectors are authorized to stop production if they see that a plant is struggling to maintain quality standards.
Russian Prime Minister Dmitry Medvedev has made a reshuffle in the country’s space industry to in an attempt to help Moscow develop its space industry and improve capabilities to conduct comprehensive long-range space missions.
Speaking at a government meeting on Monday, Medvedev pinned the blame for latest launch failures on poor quality control and low responsibility of the Russian space industry personnel, Xinhua news agency reported.
“Not only must the directors but the entire headcount of the enterprise bear the responsibility (for the failures) A legal entity must be held accountable with its assets for the inappropriate production quality and related works," he said.
Medvedev added that Russia’s Space Agency, Roscosmos, should also be financially held accountable for the failures.
"The huge money should not be cast on wind," the Russian prime minister stated.
Russia plans to allot 670 billion rubles (21 billion US dollars) in the next few years for the development of its space industry.