print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all ALROSA press releases

ALROSA

July 7, 2021

ALROSA’s large diamonds auctions in foreign offices fetched $32 million

July 7, 2021 – ALROSA in June summarized results of its large diamonds auctions that took place in foreign trading offices. These auctions allowed clients purchasing goods they need despite international travel restrictions.
Under Russian law, ALROSA sells special size (i.e. 10.8 carats and larger) diamonds at international auctions only. Viewings take place either in Moscow at United Selling Organization, or at the company’s trading offices abroad.

During May and June 2021, ALROSA apart from Moscow held auctions in Antwerp, Dubai and Ramat Gan, selling more than 400 lots weighing almost 6,600 carats for a total of $32.4 million.

“ALROSA flexibly responds to its clients’ needs, tending to supply their confirmed demand for rough, including valuable special size diamonds that are sought after these days. As experts are not able traveling around the world, we are in a regular dialogue with our clients, tending to adapt locations and schedule of our competitive sales to their needs as much as possible. All these auctions were efficient, with buyers confirming their interest in the majority of lots,” – said Evgeny Agureev, ALROSA Deputy CEO.

In Antwerp ALROSA sold 142 lots for $10.4 million to 25 companies from Belgium, Canada, India, Israel and UAE. In Dubai, 141 diamonds were sold for $10.7 million to 23 buyers from Belgium, India, Israel and UAE. In Ramat Gan, 123 diamonds were sold for $11.3 million to 38 companies from India and Israel.





Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer