Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...


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...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

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...

06 september 2021

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

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

Smolensk’s Kristall honored by the President of the Russian Federation

30 april 2014

Vladimir Putin signed a decree to reward the personnel of the Smolensk-based diamond manufacturer “for achievements and high performance in professional activities.” Alexei Ostrovsky, Governor of the Smolensk Region, conveyed the gratitude of the Russian Federation President to Maxim Shkadov, CEO of Kristall. In his congratulatory speech, the head of the region noted that many generations of those working at Kristall have been doing their utmost to reach this important milestone and assured that the Administration of the Smolensk Region would continue to support the company's management and make serious efforts to develop their business further.
"We are trying to convey to the leadership of the country that such a unique company as Kristall, as well as its fame should be preserved for many more years. I am confident that we will be able to take steps that will allow Kristall to maintain production at least at the current level and create a diamond processing cluster in the future. The Administration of the Smolensk Region will certainly support you in this,” Alexei Ostrovsky summed up.
Kristall, OAO, which is the largest diamond processing company in Europe, was established on March 1, 1963. It is specialized in manufacturing top quality diamond goods recognized throughout the world under the brand of Russian Cut. Kristall is producing diamonds internationally classified as Double Excellent and Triple Excellent. The number of employees engaged in diamond manufacturing is currently over 2,000 people. One hundred percent of Kristall’s shares is owned by the Russian Federation.