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N e w s
FEBRUARY 14
Diamond Vein
ALROSA Company intends to raise diamond sale by 15%. The main problem is how such an amount of gems can be placed at the market. ALROSA management is going to collaborate with De Beers.
Supervision council of ALROSA stated the workprogramme of 2001. During this year ALROSA Group isis expected to achieve $1.836mln ($1.785 mln last year), sales are assumed to come to $2.056bn ($1.769 mln in 2000).
Semen Zelberg, Vice President of ALROSA told Izvestia the increase is to come thanks to diamonds sale. ALROSA Group intends to cut diamonds worth $273 mln at Moscow, Yakutia and Oryol enterprises. While diamonds are sold directly by the enterprise, they are still exported via De Beers transnational corporation.
Maria Ignatova
Source: Izvestia
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