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

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

ALROSA Executive Committee Approved Bourevestnik Development Project

10 june 2014
At its meeting held on June 10, 2014 the Executive Committee of ALROSA approved the project of OJSC NPP Bourevestnik, its branch in Saint-Petersburg regarding the construction of the innovation center aiming to expand its capacities for the production of unique X-ray equipment for the diamond-mining industry.
Bourevestnik is engaged in design and manufacturing of X-ray luminescent equipment for diamond recovery for ALROSA and third-party customers. Today the share of Bourevestnik on the global market of X-ray separators amounts to 25%. Besides, the enterprise manufactures analytical equipment not only for the mining industry but for other spheres of business as well.
Since 2009 the proceeds of Bourevestnik from the sale of its equipment have increased threefold and amounted to some RUB 700 million in 2013. The existing manufacturing capacities and depreciation of fixed assets do not allow Bourevestnik to ramp up its production. Along with that, market research suggests the necessity of an increase in output and launch of new classes of equipment for diamond industry.
In this connection the project on the construction of the Innovation Centre Bourevestnik on the new site, the Special Economic Zone Novoorlovskaya in Saint Petersburg, was developed. Moving the production to a new site will allow creating a technology-intensive production base for the manufacture of sophisticated x-ray equipment, with the possible sales proceeds exceeding RUB 2 billion a year.
'The analysis carried out shows that the production relocation to a new site is more cost-effective compared to upgrading the existing facilities. Smaller floor-space, cost-saving due to the implementation of manufacturing methods, and significant tax benefits within the Special Economic Zone, will allow us to raise labor productivity, create comfortable working environment for the employees, and implement the new equipment development objectives’, Vladimir Tsvetkov, General Director of OJSC NPP Bourevestnik said.
The Executive Committee meeting also approved and submitted for consideration and approval by the Supervisory Board of OJSC ALROSA the new version of the Program of exit from non-core assets of OJSC ALROSA. The Program contains more detailed sequence of actions for the sale of assets, applicants’ admission criteria, and changed periods of sales stages for some affiliates and controlled companies.