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The Replica of the Great Imperial Crown of the Russian Empire is a masterpiece of Russian gem cutters and evidence that they are among the best artisans in the world
maxim_shkadov_x.jpgIn early September, Interfax hosted a press conference with the participation of Maxim Shkadov, CEO of Russia's largest diamond manufacturer Kristall on the further fate of the Replica of the Great Imperial Crown made by Smolensk gem cutters. Maxim Shkadov told the audience how his company had come over the idea to recreate the Crown of the Russian Empire and discussed its further fate, as well as answered questions from Rough & Polished regarding the state of the diamond market and its prospects.

Ari Epstein, CEO of AWDC: Diamond pipeline to unclog and demand to pick up in 2-3 months
ari_epstein_xn.jpgIn early September, ALROSA hosted a meeting on New Development Drivers of Global Diamond Business in the framework of the Asia Pacific Eastern Economic Forum meeting in Vladivostok. The panel session looked at the current state and future prospects of the diamond industry. Leading diamond and jewelry industry figures took part in a debate on the challenges facing the business on September 3, including Ari Epstein, CEO of Antwerp World Diamond Centre (AWDC), who was interviewed by Rough & Polished on this occasion. Epstein shares his views on demand recovery in the diamond market, competition with India and the establishment of a diamond bourse in Vladivostok.

Moscow to host the Third International Economic Jewelry Forum
galina_ananyina_x.jpgOn October 2, 2015, Moscow will host the third edition of the International Economic Jewelry Forum to be held at the Congress Centre of the Chamber of Commerce and Industry on Ilyinka Street under the headline "New Realities, New Challenges, New Strategy in a Changing Global Market" with the support of Russia’s Finance Ministry, Gokhran, Assay Chamber, ALROSA, Russian Jewellery Trade Club and RESTEC JUNWEX media holding. In the run-up to the Forum, Galina Ananyina, President of the Foundation for Development of Jewelry Art in Russia and Chairman of the Organizing Committee of the Third International Economic Jewelry Forum answered the questions from Rough & Polished.

Investigation of diamond fraud in Belgium


Antwerp authorities recently announced a breakthrough in the investigation of a tiger kidnapping that took place on October 11, 2012 in Antwerp. At that time, three men entered the home of an employee of the Indian diamond company KIRAN BVBA. While the man's wife was kept hostage, he was forced to return to work and empty the vaults of the KIRAN offices in the Hoveniersstraat in the Antwerp diamond district. The total value of the stolen diamonds was estimated at $13 million.
Police investigations now indicate the tiger kidnapping could be staged by the alleged victim, the employee of KIRAN. The authorities believe the man was aided by a middle-man of Indian origin, who in turn hired an Armenian accomplice to execute the tiger kidnapping. The Armenian accomplice collaborated with two Chechen men.
Between July 22 and 29,  five people were arrested in connection with their alleged involvement in the case, the prime suspect - an employee at KIRAN, a man of Indian origin and three plan executors, an Armenian and two Chechens.
Four of them are in custody and are said to have confessed to involvement in the case.
The alleged middle-man of Indian origin was arrested at the Dutch airport Schiphol on July 30. Procedures to extradite the man to Belgium are currently ongoing.
Most of the stolen goods, estimated at a value of $8.7 million, were recovered during a recent raid in Antwerp.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished



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