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Press Release: On April 1, 2014, a reception took place at the Embassy of the Russian Federation in Botswana on the occasion of a visit by Maxim Shkadov, who is the general director and CEO of Smolensk Kristall, as well as the president of the International Diamond Manufacturers Association (IDMA). Representatives of the Ministry of Minerals, Energy and Water Resources of Botswana, the President’s Administration, Okavango Diamond Company and De Beers were present at the event.
Botswana is interested in adopting the experience of a company, such as Kristall, with more than half a century’s history in the field of diamond processing. For Botswana, it is a new area of activities, but the policy of processing the country’s own natural resources, directed at the support and engagement of investors, is just bearing fruit.
Shkadov said, “Kristall is interested in widening the cooperation and is ready to share its expertise and technologies, arrange personnel training, deliver equipment and organize its service maintenance in Botswana.”
Within the framework of his visit to Botswana, Shkadov visited the new De Beers office and trading facility, which just relocated from London in November. He met with Paul Rowley, the executive vice president of De Beers global sightholder sales, to discuss prospects for further cooperation as Kristall is one of the world’s major diamond manufacturers and a De Beers sightholder for more than 15 years.
The parties discussed vital problems facing the world diamond industry that are of a deep concern among the members of IDMA. The parties agreed that the lack of generic marketing in the global diamond market is a major obstacle for the industry’s dynamic development.
About Kristall
Kristall Production Corporation, the largest polished diamonds manufacturer in Russia and in the whole of Europe, was established more than 50 years ago. It is the first and sole De Beers sightholder in the country. The company is the premier source of premium-class diamonds with access to the world's major rough producers. The company's highly-skilled craftsmen produce perfectly cut traditional and fancy-cut top-quality polished diamonds. The mission of Kristall Production Corporation is to reveal the genuine beauty of a natural diamond, turning it into a polished stone of the ideal Russian Make, a symbol of perfection, love and prosperity.
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