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 announces new appointments of executives in Dubai and Vladivostok

03 july 2018
ALROSA, the world’s largest diamond mining company, announces new appointments in its foreign trading company ALROSA East DMCC in Dubai and in its Vladivostok branch.
Roman Kondratiev, who successfully passed an internal corporate contest for the selection of candidates, headed ALROSA’s trading representative office in Dubai. He has extensive experience in ALROSA, in his last position he worked with subsidiaries of the company.
Roman Kondratiev will replace Dmitry Chizhov at this post, who will continue to work in the export sales unit of the United Selling Organization (USO).
As a director of ALROSA East DMCC, Roman Kondratiev will oversee the interaction with clients and local industry organizations of United Arab Emirates, be responsible for auctions and tenders on the Dubai trading site. He will also be in charge of collecting, preparing and analyzing the latest updates on trends in this market.
In addition, Semen Lavrentiev, formerly head of ALROSA’s Kommeral company, will be appointed the new director of the company's branch in Vladivostok. He also was a staff reserve following the results of the corporate competition. Semen Lavrentiev replaces Alexey Ivanov, whose contract expires on July 2, 2018.
Semen Lavrentiev will continue to develop the main activities of the Far Eastern site of ALROSA, such as attracting clients from Asia-Pacific countries and expanding the company's activities in the Eurasian Diamond Center (EDC). He will also be engaged in building a full cycle of the functionality of the company's branch and EDC.
"I would like to congratulate Roman Kondratiev and Semen Lavrentiev on their appointment. In their new positions, they will oversee activities aimed at increasing sales, attracting new customers and strengthening the positive image of ALROSA. Dubai and Vladivostok are important sites for us, given the rapid development of Dubai as the center of the world diamond trade and Vladivostok's advantageous location in terms of cooperation with customers from the Asia-Pacific. I also thank Alexey Ivanov and Dmitry Chizhov for their significant contribution to the development of the company's trading sites and expansion of its presence in the international diamond market," Evgeny Agureev, the Member of the Executive committee, Director of the USO ALROSA, commented on the appointments.
In 2017, ALROSA sold rough diamonds worth about $40 million at tenders and auctions in Dubai.
ALROSA branch in Vladivostok was established in 2016 by the decision of the Company’s Supervisory Board with the purpose of development of the Eurasian Diamond Centre in the territory of the Free Port of Vladivostok. The branch sold the first rough diamonds at the EDC in August-September of 2016. In 2017, the total revenue of ALROSA from the sale of diamonds at tenders and auctions in Vladivostok exceeded $70 million.