Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...


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 government approved privatization of 10.9% stake in ALROSA at 65 rubles per share

11 july 2016
The Cabinet of Ministers of the Russian Federation approved the privatization of a 10.9% shareholding in ALROSA setting the price at 65 rubles per share, according to the statement carried by the official website of the Russian government.
"The government signed a decree approving the proposal of the Ministry of Economic Development to alienate 802 781 254 federally owned shares in ALROSA, PJSC, which is a 10.9% stake in its charter capital," the explanatory note to the document said.
Following the signed decree, the sale of the company’s shares will be carried out by means of their public offering on the stock market.
The sales price at which ALROSA shares will be sold to the underwriter for the subsequent proposals to potential investors in accordance with the order book is 65 rubles per share.
The organizers also defined mandatory terms of the buy and sell contract, including the condition stipulating stock transfer to the buyer after full payment and transfer of funds to the account of the Federal Treasury.