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

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

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

Ulmart Mulls Selling Jewellery

29 may 2014

Within the next two years Ulmart retailer will invest around 7 billion rubles to construction of a new distribution center and order processing centers. The company will also start mailing orders and plans to expand its product range to include clothes, shoes and jewellery. Due to implementation of these initiatives the company’s turnover will grow by 50-60% per year, according to a statement by Evgeny Ivanchenko, the company’s Construction Director made on the sidelines of SPIEF 2014, Fontanka.ru reported.
The new distribution center consisting of 6 blocks with the total area of 58,300 square meters is located on Sofiyskaya Street, while the three processing centers will be opened on Piskaryovsky avenue, Murmanskoye shosse and at Pulkovo. Land has been already acquired, and preliminary works are pending.
The new infrastructure will be destined for servicing of the entire North West region. In addition, the company intends to expand its presence in some other cities, including Moscow. Now Ulmart accounts for about 25% of the Russian market of consumer electronics.
The company's turnover in 2013 amounted to about $1 billion.