Far East | Materials, extraction

ALROSAs $3.3bn 2010 sales envisioned

10 Dec '09
Diamond producer ALROSA plans to produce $2.31bn worth of diamonds next year, the firm said today.

According to the companys preliminary estimates, by the end of this year ALROSA will have produced $2.24bn worth of diamonds. CEO Fyodor Andreev said earlier this year that ALROSAs overall 2009 sales would hit $2.75bn.

For 2010, the company reportedly has $3.3bn sales plans. According to the Yakutia company management, most diamonds will be sold in the open market; sales to the RF government will reportedly be lower than this year at $872m.

ALROSA is one of the worlds leading diamond companies with 25% of global production.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content
Latest News: Far East
17 Apr '19 | Technology & innovation
19 Feb '18 | Real estate | Technology & innovation
12 Jan '18 | Technology & innovation
 

Feature stories

26 May '19
This article has been written by Carl Burch, an MBA,...
4 Apr '19
Russian scientists have come up with what they say is...
29 Jan '19
Russian biologists and biophysicists have developed...
Search (News archive - 21360)
Advertising
Venture_Russia_2018
Advertising
NATT
Advertising
Independent Software Developers Forum
Advertising
Marchmont News

Latest News

18 Jun '19
A VC fund owned by Russias national telecom operator...
17 Jun '19
Gazprom-Media, the media arm of the Russian gas giant...
14 Jun '19
Researchers in Novosibirsk have developed a new brown...

Most read stories from last week

17 Jun '19
Gazprom-Media, the media arm of the Russian gas giant...
18 Jun '19
A VC fund owned by Russias national telecom operator...