COPORATE AND EVENTS
06/21/2008
In addition to the pressure of the new prices this month, next month Alrosa has said it will end its VAT deferred payment scheme, thereby increasing the upfront cash requirement on the part of the domestic cutters.
Russian cutters prefer imported rough
06/20/2008
Alrosa's move to lift the domestic price of its rough has triggered increased imports from Antwerp, according to Russian diamond manufacturers.
Sakha polishing results show strong growth
02/22/2008
Production value figures for diamond cutters in the Russian republic of Sakha (Yakutia) show that polished output grew in value by 16% over the year 2007 to total $180.37 million, according to a press announcement from the Sakha Ministry of Industry.
Smolensk Kristall hits polished sales record
01/14/2008
Smolensk Kristall, the Russian state-owned diamond cutting factory, announced today that its total sales revenues for the year just ended reached $404.4 million.
DTC Sightholder Selection Process Compelete
12/17/2007
The Diamond Trading Company (DTC), the distribution arm of the De Beers family of companies, today unveiled the final element in its new global rough diamond distribution plans.
Russian Smolensk Kristall is getting ready for consumption increase
11/20/2007
Smolensk Kristall, the largest Russian polished diamond manufacturer, expects significant increase of gems consumption on the inside market, as the Kristall CEO Maxim Shkadov stated on the press-conference on Nov.2.
Russian PM Calls for Greater Local Supply of Rough 
09/02/2007
Russian Prime Minister Mikhail Fradkov called for “adjustments” to Alrosa’s rough diamond sales policy, ensuring local manufacturers enough goods with which to work at full capacity.
Smolensk Asks For Higher Quotas From Gokhran 
08/30/2007
Smolensk region governor Viktor Maslov has asked the Russian government to consider increasing the maximum amount of diamonds that Russian companies may purchase from the government's diamond repository, Gokhran.
Russia Vice Premier Backs Keeping Rough for Locals 
08/30/2007
First vice premier Sergei Ivanov backed a proposal on boosting deliveries of rough diamonds by ALROSA for processing inside Russia. He expressed this idea on Thursday, speaking of the need to load production facilities of Russian diamond-cutting factories, including the Kristall plant in the city of Smolensk.
Russian govt supports increase in rough to smolensk kristall 
08/02/2007
Kristall of Smolensk, Russia’s state-owned diamond-polishing company, may see an increase in its rough supply, thanks to an initiative put forth by Victor Maslov, Head of Smolensk Region, at a recent Russian government session.
A Conversation with Maxim Shkadov, Director general of Kristall Smolensk 
06/24/2007
Maxim Shkadov, 37, is the director general of Kristall Smolensk, Russia’s largest polishing factory, president of the Russian Diamond Manufacturers’ Association, and vice president of the International Diamond Manufacturers Association (IDMA). He recently talked with RDR about Kristall and the future of the industry.
