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...

Today

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OJSC Russkie Samotsvety Reorganized Production Facilities

28 august 2012

St. Petersburg-based OJSC Russkie Samotsvety invested a total of 150 million rubles to reconstruction and development of production, according to a statement by the company’s CEO Sergey Dokuchaev, cited by Russian Jewellery Network.
The total area of jewellery production facilities of Russkie Samotsvety amounts to 10,000 square meters and production capacity is estimated at 100 kg of jewellery per month.
The Head of Russkie Samotsvety noted that a new production line for engagement rings has been recently launched, which had required investment of 40 million rubles.
At present time the company is designing new assortment of jewellery and expects to manufacture approximately 30 kg of engagement rings per month by the end of the current year.
“The above set of actions successfully completed will enable the company to reduce production cost and open up brand new assortment range,” – he said.
Dokuchaev noted that at present the company’s annual production is valued at 1 billion rubles, while Russkie Samotsvety enjoys 1% share at the Russian market.
He added that the jewellery company also proceeded with implementation of redevelopment of realty objects owned by Russkie Samotsvety, which is scheduled for the period till 2018.
OJSC Russkie Samotsvety focuses on manufacturing and retail sales of jewellery. The company exports its production to 19 countries and has a retail network consisting of 15 stores located in Moscow and Saint Petersburg.