The subject on how to improve and increase Alrosa’s diamond cutting and polishing operations was recently discussed by the company’s Executive Committee, reports say. The company had implemented a scheme last year to improve the performance of its cutting and polishing factories, the results of which the Committee deducts are ‘satisfactory’, reports say. The scheme entailed re-allocating different categories of rough supplies, basis costs and margins, among its cutting and polishing factories.

Now, to further the development of its diamond polishing business, it plans a merger between its current diamond manufacturing operations, Alrosa's Moscow-based subsidiary Brillianty Alrosa (Alrosa Diamonds), the Barnaul-based Barnaul Kristall Cutting and Polishing Factory LLC (100 percent), and the Orel-based Orel-Alrosa LLC (51 percent), with the main production facilities to be based in Barnaul. Its factory in Moscow will continue to specialize in large and fancy-colored diamonds, which would be sold through international auction houses under the Alrosa marketing program. Alrosa is considering approaching large international jewellery manufacturers to become its strategic partners.