ALROSA is a general partner of the Eastern Economic Forum (EEF) which will take place in Vladivostok on 3-5 September, 2015.
The company will hold an industry-specific session “New Development Drivers of Global Diamond Business in Asia Pacific” within the EEF. Session participants will discuss the current condition and prospects for further development of the global diamond market, the potential of new jewellery consumption markets (including Russia), measures to stimulate consumer demand and promote demand for polished diamonds as a unique product. The representatives of major industry organizations, manufacturing and jewellery businesses will take part in the discussion.
ALROSA representatives will also participate in the key session “Mineral Wealth: Extraction and Processing”, where the company’s main investment projects aligned with the corporate long-term development strategy will be presented.
“The Eastern Economic Forum presents an excellent opportunity for the authorities and Russian and foreign businessmen to discuss prospects of the East of Russia social and economic development, including those of the diamond industry. The Russian Far East is the key region for the Russian diamond business. The country’s major diamond deposits are located in the Republic of Sakha (Yakutia); about 40,000 employees live and work here. ALROSA invests heavily in the development of the region’s currently operational and new production capacities. These measures will allow ALROSA to maintain high production volumes and encourage social and economic development of the Republic through dividend and tax payment, new jobs creation”, said Andrey Zharkov, President of ALROSA.