GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

Government of Russia intends to privatize a 10.9% stake in ALROSA, but not 18.9% - Finance Minister

19 april 2016
(Finmarket.ru) – The Government of Russia will privatize a 10.9-percent stake in ALROSA, but will not consider selling 18.9 percent of the diamond company's shares, said Finance Minister Anton Siluanov, who heads the supervisory board of the company. "There is no dispute – (the sale will consist of) 10.9 percent stake. The controlling stake in the company belongs to the state - the Russian Federation and Yakutia", - he said.
Now the Russian Federal Property Management Agency owns a 43.9 percent stake of ALROSA, while the Yakutia Republic owns 25 percent plus one share, a package it doesn't intend to sell.
Ministry of Economic Development originally proposed the privatization of 18.9 percent of the shares. The head of the Ministry of Economic Development Alexei Ulyukayev reported that in the first stage of sale 10.9 percent of ALROSA's shares can be sold, while the rest 8 percent may be sold later. He specified that these two phases do not necessarily need to take place in 2016. The draft decree submitted by the Ministry to reduce the share of the Federal Property Agency in ALROSA to 25 percent plus one share met the disapproval of the Ministry of Finance.Ministry of Economic Development announced Sberbank CIB was chosen as the organizer of privatization of ALROSA.
ALROSA held its IPO on the Moscow Stock Exchange in 2013.