In 2017, ALROSA intends to sell 39 million carats of diamonds against 40.1 million carats in 2016, according to an analytical report by Sberbank Investment Research. The Company notes that the average selling prices, apparently, will remain more or less stable, FINAM reports.
March 23 Egor Borisov held a meeting in Moscow with Chairman of the Board of Gazprom PJSC Alexei Miller. The parties discussed issues of cooperation in the social and economic development of the Republic of Sakha (Yakutia).
The development of local production in Yakutia will allow to create more than 2.5 thousand new jobs until 2018, Minister of Investment Development of the republic Anton Safronov said at a meeting with the heads of regions.
In 2016 the Republic of Sakha (Yakutia) was chosen as a pilot region for the implementation of the initiative budgeting program. In order to provide methodical help World Bank experts recently arrived in Yakutsk.
During today's meeting of the Council for local self-government under the Head of the RS (Yakutia), Egor Borisov announced that on April 3 new President of ALROSA JSC Sergei Ivanov is expected to arrive in the republic. According to Il Darkhan, the head of the Company intends to visit Yakutsk, Udachny and Mirny.
Revenues for 2016 increased by 41% compared to the same period in 2015 and amounted to 317.1 billion rubles. EBITDA increased by 49% compared to the same period in 2015 to 176.4 billion rubles, EBITDA margin was 56%.