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...


Platinum’s rare nature gives it additional value and appeal

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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...

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

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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

Kristall resumed full operation

08 december 2020
Image credit: Kristall

Kristall of Smolensk, Russia's largest diamond cutting company, has returned to a full 5-day working week after a long period of downtime and part-time work caused by the COVID-19 pandemic.
2020 has become a serious test of strength for the global diamond and jewelry industry. The pandemic has had a negative impact on jewelry sales and, as a result, on the work of cutting companies.
Kristall was no exception, as It was put out of service due to the shutdown of the entire diamond and diamond market, as well as anti-epidemic restrictions. In July, production partially resumed, but in the mode of a reduced working week, as the market condition was still quite weak.
In the last months of 2020, there is a gradual recovery of the market, and from December 1, the entire team of Kristall resumed work in full mode, according to a press release from the production company.
According to General Director Dmitry Amelkin, now the forecasts regarding the operation of Kristall are optimistic. ALROSA plans to invest significantly in the development of production and utilization of cutting capacities in 2021. Also, in the next few months, Kristall will include the ALROSA cutting site in Barnaul, and later it is planned to join the Moscow cutting facilities.
In connection with the release of a full-time working week at Kristall, control over compliance with all standards aimed at minimizing the risks of spreading coronavirus infection among employees has been strengthened, the report says. 

Alex Shishlo for Rough&Polished