Ali Pastorini: “We have to change a little the way to sell the idea that buying jewelry is just for glamour”

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 1000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

18 february 2019

Indian gem and jewellery manufacturers have the skill and capabilities to cater to any market in the world

Besides spearheading the “White Paper” last year, Colin Shah, Vice Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) has been actively involved in the initiatives of the Council like MyKYCBank and many more… A first generation...

11 february 2019

The Indian gems and jewellery industry was progressing in the past and will certainly progress in the future

Dinesh Navadiya, the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India, is also the representative of the Gujarat G&J sector at various organisations as well as government authorities...

04 february 2019

The Russian Diamond Line: We do not believe that gifted persons would win through on their own

The Russian Diamond Line, a Moscow international jewellery contest of jewellery design, has been held for a decade already. At the end of the year, the results of the jubilee RDL-2018 contest were summed up, and on December 14, the prizewinners of the...

28 january 2019

New lending will have to be fully asset-backed with true provenance and transparency in the flow of goods and monies

After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector. He is exploring opportunities to establishing a financing firm focusing...

21 january 2019

ALROSA to pay almost 38.6 billion rubles for dividends following 2017

27 june 2018
ALROSA Shareholders approved the annual report and financial statements during the Annual General Meeting of Shareholders held on June 26. Shareholders also made decisions on profit distribution for 2017. 38.59 billion rubles are to be paid as dividends, namely 5.24 rubles per one ordinary share at a nominal price of 50 kopecks.
According to the consolidated financial statements of PJSC ALROSA and its subsidiaries prepared in conformity with IFRS Standards, the net profit, net of income attributable to the non-controlling interest, amounted to 77.075 billion rubles in 2017. 50.07% of this sum will be allocated for payment of dividends.
The list of shareholders entitled to receive dividends for the year 2017 is drawn up as of July 14, 2018.
The amount of ALROSA dividends following 2017 has become one of the largest in the history of the company and gives place only to dividend payments for 2016 (65.8 billion rubles).