Moscow, July 2, 2018 – ALROSA, the world’s largest diamond mining company, announces new appointments in its foreign trading company ALROSA East DMCC in Dubai and in its Vladivostok branch.

Roman Kondratiev, who successfully passed an internal corporate contest for the selection of candidates, headed ALROSA’s trading representative office in Dubai. He has extensive experience in ALROSA, in his last position he worked with subsidiaries of the company.

Roman Kondratiev will replace Dmitry Chizhov at this post, who will continue to work in the export sales unit of the United Selling Organization (USO).

As a director of ALROSA East DMCC, Roman Kondratiev will oversee the interaction with clients and local industry organizations of United Arab Emirates, be responsible for auctions and tenders on the Dubai trading site. He will also be in charge of collecting, preparing and analyzing the latest updates on trends in this market.

In addition, Semen Lavrentiev, formerly head of ALROSA’s Kommeral company, will be appointed the new director of the company's branch in Vladivostok. He also was a staff reserve following the results of the corporate competition. Semen Lavrentiev replaces Alexey Ivanov, whose contract expires on July 2, 2018.

Semen Lavrentiev will continue to develop the main activities of the Far Eastern site of ALROSA, such as attracting clients from Asia-Pacific countries and expanding the company's activities in the Eurasian Diamond Center (EDC). He will also be engaged in building a full cycle of the functionality of the company's branch and EDC.

"I would like to congratulate Roman Kondratiev and Semen Lavrentiev on their appointment. In their new positions, they will oversee activities aimed at increasing sales, attracting new customers and strengthening the positive image of ALROSA. Dubai and Vladivostok are important sites for us, given the rapid development of Dubai as the center of the world diamond trade and Vladivostok's advantageous location in terms of cooperation with customers from the Asia-Pacific. I also thank Alexey Ivanov and Dmitry Chizhov for their significant contribution to the development of the company's trading sites and expansion of its presence in the international diamond market," Evgeny Agureev, the Member of the Executive committee, Director of the USO ALROSA, commented on the appointments.

In 2017, ALROSA sold rough diamonds worth about $40 million at tenders and auctions in Dubai.

ALROSA branch in Vladivostok was established in 2016 by the decision of the Company’s Supervisory Board with the purpose of development of the Eurasian Diamond Centre in the territory of the Free Port of Vladivostok. The branch sold the first rough diamonds at the EDC in August-September of 2016. In 2017, the total revenue of ALROSA from the sale of diamonds at tenders and auctions in Vladivostok exceeded $70 million.