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12 NOVEMBER 2003  

Ukraine will be able to triple the volume of diamonds cutting

Site expert.org.ua informs that in the nearest future Ukraine enterprises will be able to increase the volumes of diamonds processing up to $100 mln a year, while in 2003 it is predicted to amount to about $40 mln.

According to the director of the State Gemmological Centre Vladimir Indutny, in Ukraine there are two diamonds processing enterprises: jewellery factories in Kiev and in Vinnitca. They are specialising in small diamonds producing. Now Ukraine’s share in the world’s market of small diamonds is 7%, but it is expected to increase in the nearest future years.



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