Color diamonds are more valuable and desirable and a better investment

In 1993, Eyal Cohen started his career as a diamond cutter, sitting by his father’s side as an apprentice. 4 years later, he was recruited by a jewelry firm, where he learned to appreciate natural colored diamonds. In 2003, Eyal opened his own company...

17 september 2018

Debate on the main issues affecting the diamond business is absolutely critical - Ernie Blom

Having taken part in the fruitful discussions with the world leaders at the Asian Summit held recently in Vladivostok, Ernie Blom, President, World Federation of Diamond Bourses (WFDB) now looks forward to taking the worthy inputs received at...

10 september 2018

Reflecting the nature of the industry, US jewellery market is significantly seasonal with great ‘ebb and flow’ in demand, opines Vin Lee

Vin Lee, CEO of Beverly Hills-based Grand Metropolitan, a privately-held luxury goods holding company had migrated from Canada as a child. And one can see that it did not take him long to ascend the US luxury world, establishing himself as a formidable...

27 august 2018

Vladimir Zboykov: New times have come for jewelers

How a personal collection of minerals was thrown on the scrap-heap, who is behind the destruction of gemstone consumption culture in Russia and why jewelers will soon have to choose between business and prison – all this was told to Rough & Polished...

20 august 2018

Changing preconceptions in the diamond and financial markets

Eli Avidar is a man on the move…literally. In April, the former Israeli diplomat stepped away from the CEO’s office at the Israel Diamond Exchange, a position he had held for more than two years, and from the Israel Diamond Institute, where he had been...

13 august 2018

ALROSA shareholders approved changes in the Charter and internal corporate documents

29 june 2018
A general meeting of ALROSA shareholders was held on June 26,2018, in Mirny. The shareholders of the company approved a number of changes in the Charter and regulations of governing and ruling bodies.
The adopted changes improve the quality of communications between the parties of corporate relations, provide rapid access to the proceedings, and give opportunity to e-vote during the meetings and absentee voting. Current changes regulate the use of IT systems and the company’s file-sharing resources, or data warehouses.
ALROSA seeks to comply with best practices of corporate management and extend the computerization of the Supervisory board, committees of the Supervisory board, Board of directors, the Auditing Commission and other collegiate bodies are moving towards paper-free way of working.
These changes highlight the positive dynamics of the corporate management level of the company. ALROSA intends to further increase the level of corporate culture, implement best practice standards in company management and boost the speed of managerial decision-making.