Announcement

Collapse
No announcement yet.

Alrosa Supplies $39.16 Million Rough Diamonds To Armenian Companies

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Alrosa Supplies $39.16 Million Rough Diamonds To Armenian Companies

    ALROSA SUPPLIES $39.16 MILLION ROUGH DIAMONDS TO ARMENIAN COMPANIES

    /ARKA/
    November 16, 2011
    YEREVAN

    YEREVAN, November 16. /ARKA/. Russian Alrosa raw-diamond producer
    has supplied this year $39.16 million worth raw diamonds to Armenian
    diamond-cutting companies, according to a press release sent to ARKA
    by Armenian ministry of economy.

    Armenian companies resumed purchase of rough diamonds from Alrosa in
    2009 December, which were interrupted by the global economic crisis.

    Economy minister Tigran Davtyan visited today two diamond companies
    Arevak and Lori in Kotayk region and was shown a new technology that
    has no analogues in the world.

    Davtyan was quoted as saying that Alrosa is a reliable supplier
    of rough diamonds, (it accounts for 90% of rough diamonds supplies
    to Armenia).

    "We hope that about 20 Armenian diamond processing enterprises will
    expand their activities, and for this we intend to seek new partners
    and suppliers of raw materials in addition to Alrosa", said Davtyan.

    During the first half of 2011 seven diamond cutting companies produced
    2.46 billion drams output, by 6.5% more from a year before and exported
    2.95 billion drams worth products, by 9.3% more from the same time
    span in 2010. The sector employs 400 workers.

    According to the National Statistical Service of Armenia, in
    January-September 2011 Armenian diamond-cutting plants produced
    51,500 carats of diamond, by 8.3% more from a year earlier. In 2010
    Alrosa boosted sales of rough and cut diamonds by 1.6 times to $3.48
    billion.

Working...
X