Shares of the diamond company ALROSA are able to attract the attention of investors with a very good price dynamics, as well as paid at the market level. To understand at what point transactions with these shares can be most profitable and what their potential is, you need to know what exactly ALROSA does, study its business structure and financial indicators. All this will tell our today's article.

ALROSA today

Currently, JSC ALROSA (Diamonds of Russia-Sakha) is a mining company with state participation, which is a leader in the diamond mining industry in the world. The company covers about 29% of the total world production of diamonds in carats, which is 95% of the diamond production in Russia. Thus, ALROSA's proven and probable diamond reserves amount to 650 million carats, which can ensure the company's operation for about 17 years at the current level of production. In 2016, ALROSA produced 37.4 million carats of diamonds. Moreover, diamonds of gem and near-gem quality make up about 66% (the cost of such diamonds is 97% of the total value of mined diamonds). ALROSA operates in the Republic of Sakha (Yakutia), in the Arkhangelsk region, and is also developing projects in Africa. ALROSA is developing 11 kimberlite pipes and 16 alluvial deposits. The company owns trading offices in such global diamond trading centers as Antwerp, Dubai, New York, Ramat Gan and Hong Kong. There are four mining and processing plants in Yakutia: Udachninsky, Mirninsky, Nyurbinsky and Aikhalsky. The ALROSA diamond complex is represented by the following companies: ALROSA Diamonds (a cutting enterprise, as well as marketing functions), Katoka (is developing projects in Central Africa), Almazy Anabara (is developing in Yakutia) , Severalmaz (exploring in the Arkhangelsk region) and ALROSA-Nyurba (exploring in the Nyurbinsky usul of the Republic of Sakha, whose share is about 20% of the total production).

ALROSA is the issuer of 7,364,965,630 shares, which belong to the first level quotation list. The capitalization of the company is about 641 billion rubles. (with a price per share of 87.12 rubles.)

History of ALROSA

The history of the development of diamonds in Siberia originates from the scientific works of V. Sobolev on the geological similarity of South Africa and the Siberian Platform, published in the 30s. XX century. The search for diamonds had already begun, but was interrupted due to the outbreak of war. But after its completion in 1954, the Zarnitsa kimberlite pipe was discovered, which, in fact, began the start of the diamond industry. Also during this period, 15 major primary diamond deposits were discovered, as well as the Udachnaya and Mir kimberlite pipes. These discoveries served as the basis for the foundation of the Yakutalmaz trust in 1957. At the same time, the first industrial diamonds were mined.

In the same period, the area of ​​the Mir pipe began to expand with infrastructure: concentrating plants were built, roads were laid, and the first hydroelectric power station (Vilyuiskaya HPP) was erected in permafrost, 100 km from Mirny. Mining took place in extremely extreme conditions at temperatures up to -60 degrees. And in 1961, the development of the Aikhal pipe, which was located almost at the Arctic Circle, began.

In 1963, an agreement was concluded with De Beers on the supply of diamonds to the world market, which lasted until 2008 and was banned in connection with the decision of the European Commission, which was guided by antitrust laws. In 1969, the International pipe was opened; in 1971, diamond mining began on it. In 1975, the Yubileinaya pipe was opened. Then the construction of mining and processing plants began, the first of which was launched in 1979 (Udachninsky GOK), the second - in 1986 (Aikhalsky), and the third - in 1991 (Mirninsky). Actually, in 1992, on the basis of existing enterprises, the Almazy Rossii-Sakha joint-stock company was created.

In 1993, the company begins its projects in Africa in Angola with the formation of the Katoka Mining Society, where the first diamonds were mined in 1997. In 2000, the Nyurbinsky GOK was created, and the Diamonds ALROSA company was also formed. In 2005, the development of the Arkhangelsk region begins at the field named after. Lomonosov through the company "Severalmaz".

2011 was a significant year for ALROSA, since this period marks the start of circulation of the company's shares on the stock market. In 2013, the company conducts an IPO on the Moscow Exchange, offering investors a 16% stake (14% state-owned and 2% quasi-treasury shares). The shares were sold at a price of 35 rubles, during the IPO the company raised 41.3 billion rubles. In 2016, the company begins the development of a new primary deposit "Zarya" on the basis of the Aikhal GOK and conducts an SPO, in which the state sells 10.9% of the shares for 52.1 billion rubles. - 65 rubles each per share.

Share capital of ALROSA

ALROSA is the issuer of 7,364,965,630 shares. ALROSA is a company with state participation:

33% of ALROSA's shares are now owned by the Federal Property Management Agency.
. The Ministry of Property and Land Relations of the Republic of Sakha (Yakutia) owns 25% of the company's shares.
. District administrations (uluses) of the Republic of Sakha, in which the company operates, own 8% of the shares (Anabarsky - 0.9%, Verkhnevilyuisky - 0.9%, Vilyuisky - 1%, Lensky - 0.9%, Mirninsky - 1% , Nyurbinsky - 0.9%, Oleneksky - 0.9% and Suntarsky - 0.9%).

Other legal entities and individuals own 33.9% of the shares.

Dividends of ALROSA

According to the dividend policy and the amendments made to it in 2013, the company allocates at least 35% of net profit according to IFRS to pay dividends. In 2016, the company decided to allocate a record 65.7 billion rubles, which amounted to 50% of the company's profit (8.93 rubles per share).

Output

ALROSA is of particular interest to investors, given the growth in profits, assets, dividend payments, as well as a comfortable level of liabilities. In addition, it has a very good profitability. But the profit of the company can show volatility, which is a certain risk.

A bloody diamond trail of Israeli businessmen and N. Mikhalkov, on the side.

Israeli businessman Arkady Gaydamak, who was arrested in Switzerland on the complaint of a football coach, may be extradited to France, where he faces six years in prison in an arms trafficking case. Behind him stretches a bloody trail not only in Angola, but also in Rwanda, where a bloody massacre was organized between Hutu and Tutsis, and where Ukrainian mercenaries were involved in massacre of the white population of Rwanda

Gaydamak's lawyer Mark Bonnant confirmed to Swiss television the information about the arrest. "My client was arrested for activities that took place nine years ago, following a complaint that, for some strange reason, was activated.(!!!) despite the fact that my client paid the money, Bonnant explained.

Also involved in the transaction, the prosecution considers b Former French Interior Minister Charles Pasqua and his Deputy Jean-Charles Marchiani , writer Paul-Lou Sulitzer and e X-Advisor to President Mitterrand Jacques Attali http://www.gazeta.ru/social/2013/11/26/5770373.shtml

Jacques Attali

Senator Charles Pasqua stated during the trial that Gaydamak was a French counterintelligence agent. Arkady Gaydamak does not hide the fact that he collaborated with the French special services. About what he was secretly awarded a number of orders, he told back in 2007 in an interview with the NEWSru Israel website.

The French indictment implicated 42 French officials and politicians, including son of former French President Francois Mitterrand - Jean-Christophe. And the final accusation was brought against Gaydamak and his French colleague Pierre Falcon. http://www.gazeta.ru/social/2009/10/27/3277449.shtml

A. Gaydamak, being a citizen of France, Angola, Canada and Israel also a major sponsor of the Jewish community in Russia, (information for thought))), ex-owner of the Moscow News publication, United Media holding (Kino FM radio, Business FM, Business and Financial Markets newspaper, BFM portal. ru)

One can also recall the sensational court in London, which took place in 2012, between A. Gaydamak and a Hasid from Tashkent, the diamond king, as they write about him in the newspapers, L. Leviev.
The Israeli tabloid jewish.ru wrote at the end of June 2012. : Leviev owes nothing to Gaydamak, the London court dismissed Arkady Gaydamak's lawsuit filed by him last year (2011) against Lev Leviev. http://www.jewish.ru/theme/cis/2012/06/news994308920.php

Lev Leviev, 56 years old. He left the USSR in 1971. Grew up in Uzbekistan. His father Avner was a Lubavitcher rabbi. Avner traded in textiles and collected Persian rugs. In Soviet Uzbekistan, he managed to amass a fortune of $ 1 million, which in 1971, before the family left for Israel, he converted into diamonds and smuggled out of the USSR.
Leviev is an Israeli citizen. He started out as a diamond cutter. Lev Leviev opened his own cutting factory in 1977, when Israel begins unregulated diamond speculation
Leviev shareholder and head of the board of directors of the holding Africa Israel Investments: real estate, retail, trade in luxury goods (looted in Rwanda and Africa as well)
Assets in Russia: development company AFI Development, diamond holding "Ruiz" (Moscow Jewelry Plant, " Ruiz Diamonds, Uralalmaz).

Lev Leviev was said to be the man who hacked into De Beers, although before that he worked closely with the monopolist.
In 1990, Moscow created JV Ruiz Diamonds. Leviev's partner was a division of Glavalmazzoloto, which united all Soviet enterprises in the diamond industry. The Glavalmazzoloto deal gave Leviev access to Russian raw materials and angered De Beers. http://m.forbes.ru/article.php?id=3283

"On the court Gaydamak insisted that it about He brought Leviev to Angola and Ascorp received the exclusive right to sell Angolan diamonds due to his activities in this country. He has many years of ties with the leadership of Angola. " I made the law under which only one licensed company has the right to sell all diamonds, and thus contributed to the end of the war, ”says the entrepreneur. The implementation of the law was monitored, as Gaydamak puts it, by the “private riot police” - the SCG company, co-owned by the former head of the Mossad Dani Yatom, his subordinate Avi Dagan and Gaydamak himself. OMON officers traveled around Angola, transporting money in one direction and diamonds in the other, ensuring the safety of diamond mines and catching illegal miners.
According to Leviev, Gaydamak agreed to transfer about $350,000 a month to the federation of Jewish communities in Russia, and this was recorded in a document handed over to Berl Lazar. ", writes Forbes magazine. But Berl Lazar said that he lost the document somewhere, especially since only one copy was compiled.

Regarding the trial in London between two swindlers and world-class criminals. It's not just about the trade in weapons, oil and minerals in Africa, as well as financial scams in Israel itself, it's also about diamonds.

The global diamond market has long been dominated by De Beers. Managers working for De Beers are agents of British intelligence MI6. And there are no former ones.

Israel has the Harry Oppenheimer Diamond Museum next door to the Israel Diamond Center (IDC) House of Diamonds, and the Israel Diamond Exchange in Ramat Gan. I think that I will not be too mistaken in saying that, along with the implementation of trading transactions on the diamond exchange according to the ancient Judaic rite, which ends with a handshake and two Hebrew words “smeared ubraha”, Israel not only smuggles diamonds, but also closely cooperates, coordinating their actions with De Beers and British intelligence in other areas.

There are no random people in this business. However, British intelligence, using Leviev in "delicate assignments" in Africa, has a good memory, especially since both Leviev and Gaydamak are omnivorous people.

The fact that Levaeva and Gaydamak were sued in London, like other oligarchs from the former USSR, trust only the English Themis, says a lot. They know where to sue, how and why…

Therefore, the arrest of the international swindler and criminal A. Gaydamak is a landmark event not only in the diamond market, the confrontation between British and French intelligence services, but also in the geopolitical alignments in the world. And the scandal, which will be like a domino effect, will affect many high-ranking world officials and leaders.
In Russia and in the post-Soviet space, too.

From interview with Prince Lobanov-Rostovsky, former adviser to De Beers, a well-known expert in painting, collaborating with Sotheby's, the son of emigrants, a US citizen, a graduate of Oxford University, a geologist (he searched for mercury in Tunisia and Alaska, nickel in Venezuela, iron in Liberia, worked in diamond mining in the Kalahari Desert in South Africa), a banker and collector, adviser to the South African diamond monopoly De Beers, a descendant of Rurik:

"So far, unfortunately, the Russians ( why are Russians like that ???, or maybe it's time to call a spade a spade - my note) billionaires for the civilized world are an example of how to learn to steal and kill and get rich quickly on this.
A good example is our yours - my note) compatriot Gaydamak, who, with the Frenchman Falcon, financed the war in Angola and earned a billion from it.
Or Lev Leviev, the diamond tycoon...
... Abramovich does not give a broken cent to Russia and culture. By the way, many Russian-Jewish millionaires are distinguished by this - they do not care about the future of Russia if it is not connected with their financial affairs.

… some of them are philanthropists involuntarily. In return, they receive favorable decisions for their business and the loyalty of the authorities. But still, for some reason, Russian billionaires in London and New York get shot more often than their counterparts from the West. They are generally not allowed into the Palace Hotel in Gstaad, Switzerland. Some exclusive resorts in the Caribbean do not accept them. For some reason they are discriminated against. But perhaps this is a prejudice.

Millionaires, in order to preserve and increase their wealth, resort to defensive investments, like consumer goods department stores, minerals (minerals and oil), and raw materials. And, of course, a significant part of the state (10-40%) is in precious metals. The more aggressive ones speculate on the bonds of technically bankrupt countries like Greece, Portugal, Ireland and others.

To become a player in the diamond market, and at the same time significant, you need to be Jewish. To a lesser extent Indian. Then, of course, connections, which in Russia are necessary for kickbacks, and, last but not least, commercial talent. "

“Since diamonds bring in $1.5 to $2 billion in income for Russia, this is a minimal amount compared to oil and gas. Therefore, it makes no sense to consider it strategic. Diamonds have no political influence.


And here uv. the prince is disingenuous, at least, as well as the fact that there are no FORMER))):

I constantly tried to explain to the Soviet authorities that the USSR would never find a more reliable partner in the world than De Beers. But it is extremely difficult to convince a Russian official that De Beers is not deceiving Gokhran, because he is genetically inclined to be suspicious of a foreigner. He is sure that he wants to deceive him, and the diamond business in Russia is built on corruption. (who would say, but not an MI6 employee) A Russian person cannot imagine that De Beers is such a fool not to steal diamonds in the USSR. I had to prove the absurdity and corruption of the then head of the Gokhran, who, under the pretext of checking world prices for stones, sold $20 million worth of diamonds without an agreement with De Beers, losing money for the country on this.
Fortunately, I managed to convince the deputies to arrange a discussion in parliament of the state of affairs of De Beers in the USSR. This is the only discussion in the Supreme Council on the subject of a foreign company."
Prince Lobanov-Rostovsky: I would like to be Lorenzo Medici http://www.kommersant.ru/doc/20191

The lyceum N. Mikhalkov also decided to take part in a profitable business by investing his undeclared assets in the Leviev diamond trade.


The Federal Security Service of the Chelyabinsk region opened a criminal case on the fact of illegal trafficking in diamonds worth 1 million 250 thousand dollars, according to the website of the regional prosecutor's office.

By the way, in 1990 in Moscow it was created JV Ruiz Diamonds.(Moscow Jewelry Factory, Ruiz Diamonds is part of Leviev's structure). Leviev's partner was a division of Glavalmazzoloto, which united all Soviet enterprises in the diamond industry.
The Glavalmazzoloto deal gave Leviev access to Russian raw materials and angered De Beers. http://m.forbes.ru/article.php?id=3283

It was established that in 2012 ChelProm-Diamond and Dundela Limited entered into contract for the supply of diamonds for 10 million dollars (320 million rubles) . Later, an additional agreement was concluded between the organizations for the supply of goods worth 1 million 250 thousand dollars (40 million rubles).
During the audit, it was found that this the transaction is illegal and violates the law"On Precious Metals and Precious Stones" Dundela Limited does not have a registered office in Russia. (but simply smuggling as it is - approx. my)
Based on the results of the check, a criminal case was initiated under the article “illegal trafficking in natural precious stones by a group of persons by prior agreement”.
Earlier it was reported that director Nikita Mikhalkov is a co-owner of ChelProm Diamond. The enterprise is one of the ten largest cutting enterprises in Russia. http://www.polit.ru/news/2013/11/26/diamonds/
Jumped Kurbanshi)))

Russia. ALROSA - gold, precious metals, oil, diamonds. It's time to take back this land for yourself (c)

OJSC "AK ALROSA" is the world's largest producer of diamonds by carat. In 2012, the company mined 34.4 million carats, the volume of product sales for the group amounted to 4.61 billion dollars.
The authorized capital of the JSC is 3 billion 682 million 482 thousand 815 rubles, it is divided into 7 billion 364 million 965 thousand 630 ordinary shares with a par value of 50 kopecks. http://www.alrosa.ru/

In 1992, Yakutia, like all other republics, took as much sovereignty as it could. The main thing that she succeeded in was to transform the union trust Yakutskalmaz into ALROSA and subordinate it to herself - local businessmen, the government, the heads of eight uluses where diamonds are mined.

The profit from the sale of diamonds remained entirely in subsidized Yakutia, and the latter spent it on whatever it wanted. The National Dance Theater was created, and a program to support Yakut culture and identity was launched.
In 2006, Il Tumen, the local parliament, following the example of the indigenous peoples of the United States, thought about creating a sperm bank in the Republic of Sakha (Yakutia).

And in order to make it more difficult to take the property of the republic from it, in 2003 Il Tumen approved by a special law that only the legal form of a closed joint-stock company meets the national interests.

In Yakutia, ALROSA has never been treated simply as a company. For the Yakut establishment, it has always been a production complex that was constantly building, repairing, repairing something, according to a finance ministry official. The market says the same thing about ALROSA. The company has always been surrounded by suppliers, contractors, developers - thousands of local firms that provided their services at exorbitant prices.

At the beginning of 2002, Shtyrov, having easily won the regional elections, became the president of Yakutia, leaving the post of president of ALROSA. Following this, the dual post of chairman of the supervisory board was abolished, and the board began to be headed by one Kudrin.


Since 2002, ALROSA, a $2.7 billion diamond monopoly, there were two chairmen of the supervisory board - one from Moscow, one from Yakutia. This corresponded to the distribution of the company's shares: Moscow owns 37% of CJSC ALROSA, Yakutia - 40%, and the rest of the papers are held by former and current employees of the company, as well as third-party investors.

This reshuffle was the beginning of the active actions of the federal center, which decided to gain full control over the diamond monopoly. President Vyacheslav Shtyrov was required to begin transformations in the company.

To assist in attracting funding for investment projects of AK ALROSA and the Republic of Sakha (Yakutia) investment group "ALROSA" was created. Sergey Vybornov, the former head of the investment and credit department of Norilsk Nickel, was appointed General Director (effective management is called))

In other words, IS must find funds for those projects that the diamond company cannot or does not want to do on its own.

IG ALROSA is an unusual formation. This is a semi-private company, to which the state diamond monopoly ALROSA and the government of Yakutia transferred promising deposits of gold and precious stones at one time. Gigantic assets were under the control of IG ALROSA:
approximately 200 million carats of diamonds in the Arkhangelsk region and 700 tons of gold in Yakutia.
Only one number can tell about the scale of the company: The predicted reserves of the Lomonosov diamond deposit are about $12 billion.

Articles appeared in the press that Senior Vice President of Vneshtorgbank Otar Margania, who worked as a freelance adviser to Deputy Prime Minister and Finance Minister Alexei Kudrin, is a kind of eminence grise in ALROSA IG. Margania did not deny his participation in the creation of IG ALROSA. A. Kudrin at that time headed the Supervisory Board of ALROSA and supervised the industry.


The most valuable acquisition of IG is the Severalmaz company, which owns a license for the Lomonosovskoye field in the Arkhangelsk region. Significant funds were required for its development, and at first the South African company De Beers showed interest in the project. But the project fell apart.

Negotiations with the British Fleming Family & Partners were also failed. Under a preliminary agreement, FF&P was to receive a 43% stake in Severalmaz, which owns licenses for 6 kimberlite pipes at the Lomonosov diamond deposit with total reserves of 200 million carats.

The same situation occurred in the gold mining industry. All attempts to find an investor ended in failure. http://m.forbes.ru/article.php?id=18758

The fact is that the ALROSA Investment Group, created with the participation of persons unknown to the general public, was supposed to gain access to billions of dollars of investments, and this did not suit many people, and above all the Kremlin represented by the sovereigns.

The Ministry of Finance said so: ALROSA was a feeding trough for the local elite.“For six months, from December 2008 to June 2009, the company accumulated over $1.5 billion in debt- says Andrey Polyakov, head of the PR department of ALROSA.

In May 2009, ALROSA already experienced huge difficulties in paying interest on loans. They began to analyze the situation. It turned out that the only way to avoid default is about $1 billion in state aid.

The decision was made personally by the Prime Minister: Gokhran bought $1 billion worth of diamonds from ALROSA.

Sergei Vybornov was accused of working in the interests of De Beers and removed.

After all, the South African company was still trading, but ALROSA was not, and, having already accumulated a huge debt, it already owed more than $5 billion.

The company itself considers $1-1.5 billion to be a comfortable level of debt burden for ALROSA. The new president, Fyodor Andreev, was instructed to solve the problem of the debt burden. And the authorities of Yakutia were immediately billed politically.

The republican law directly states that CJSC is the optimal form of ownership of ALROSA for the republic.

“Our task is simple - to get at least something from ALROSA,” explains a source in the White House, otherwise in 2010 100 million rubles of dividends is a ridiculous amount by any standards.
But it was not possible to turn the tide, because Shtyrov prevented this in every possible way, citing local laws and dragging out the process.

November 11, 2011 ISRALend wrote: Leviev is interested in ALROSA coming under the control of Usmanov and Kerimov. The Israeli portal ISRALend notes a coincidence that is clearly not accidental: in Israel, Lev Leviev's “attack” on the diamond business takes place simultaneously with the events unfolding around the Russian diamond monopoly ALROSA. After this company lost its influential patron Alexei Kudrin, who left the posts of Minister of Finance and Deputy Prime Minister of the Russian government due to irreconcilable differences with Dmitry Medvedev, it became an attractive target for absorption by investors closest to the current Russian president.


The “investors” are Alisher Usmanov and Suleiman Kerimov, whose investment company, Nafta-Moskva, currently owns 1.0% of ALROSA, and it has a fairly high chance of “increasing its stake to at least a controlling stake.”

Attention is also drawn to the fact that the instigator of a powerful information campaign directed against the current leadership of ALROSA, consisting of representatives of the team of A.L. Kudrin, "became Kommersant, owned by A. Usmanov, who has excellent relations with I. Shuvalov and D. Medvedev.

ISRALend also recalls “an old friendship with L. Leviev, dating back to the times of the USSR, when A. Usmanov’s father, being the prosecutor of Tashkent, helped the Leviev family to leave for Israel, despite the criminal case initiated against the head of the family.”


A. Usmanova

“Before A. Kudrin’s grouping came to power in ALROSA, L. Leviev received about $500 million worth of rough diamonds from Yakutia a year – this figure also included the production of Almazy Anabar OJSC and Nizhne-Lenskoye OJSC, which is almost completely went to an Israeli diamantaire. In addition, through ASCORP, L. Leviev fully controlled the sales of the joint venture CATOCA in Angola.

After A. Kudrin headed the Supervisory Board of ALROSA, L. Leviev's share in the acquisition of Russian diamonds has been steadily declining and currently barely exceeds $100 million a year, and he had to leave Angola,” writes ISRALend.

Now Leviev is interested in ALROSA came under the control of A. Usmanov and S. Kerimov: in this case, he could "quickly regain lost ground, which would provide him with undisputed leadership in the diamond industry in Israel.”. This is what his “colleagues in the industry are afraid of, which explains the unprecedented information attack on LLD in the Israeli press. What is characteristic the Russian media left the “offenses” of L. Leviev without attention. And although during the investigation, LLD is bound by a ban imposed by the prosecutor's office on the disclosure of confidential information, the reasons for the tough information pressure are more than obvious: most likely, it will continue for another 3-4 months until the situation with ALROSA is finally resolved.” http://1sn.ru/52984.html?a09201393012=am09201393012&a13Etc/GMT-4amSun ,


Billionaire Suleiman Kerimov was considering buying a stake in the Russian diamond monopoly ALROSA, several sources close to the company told Forbes. According to one of them, Kerimov has been showing interest in the company for quite a long time, and has already met with ALROSA President Fyodor Andreev and some officials on this occasion. http://m.forbes.ru/article.php?id=76184

Shtyrov was offered a compromise: ALROSA becomes an open joint-stock company, enters an IPO and attracts a strategic investor, while the ratio of the share of Yakutia and the federal one remains the same. Ideally, this creates an open market structure with the ambitions of a global leader in the diamond market. Why not: according to the results of 2009, Russia - that is, in fact, ALROSA - came out on top not only in terms of reserves of stones, but also in terms of their production. The problem is that few people in Yakutia were interested in bringing ALROSA to an IPO.

Local activists were called to Moscow for consultations. The point is small: to introduce a law, but this is an extremely unpopular decision in Yakutia. According to a source in the government, First Deputy Prime Minister Igor Shuvalov suggested that Vyacheslav Shtyrov follow the AvtoVAZ scheme: the government gives money, but sharply increases its stake in the company. The Yakut share, accordingly, was eroded.

Shtyrov never introduced the law. Until the fall of 2009, he pretended to panic, or maybe he didn’t portray it - ALROSA was really on the verge of bankruptcy. Then he tightened it as much as he could. Shtyrov's resignation was an unpleasant surprise for the authorities…..

In 2010 thanks to above-planned revenue, the company began to pay off debts ahead of schedule. A strategic task was set - to bring the company to IPO.

October 2011 The parliament of the Republic of Sakha (Yakutia) by a majority of votes amended the law of the republic “On the management and disposal of shares of AK ALROSA”, removing the last restrictions that prevent the transformation of ALROSA into an open joint-stock company and the subsequent placement of the company’s shares on the stock exchange. “There were transactions with the company's shares before, although it was not entirely legal, so everything was formalized through donation transactions,” says the source.

ALROSA today is in desperate need of investment. The Soviet stock is about to be eaten away, and the open pits will be depleted. Companies need to go underground, build mines.

Production by AK "ALROSA" for 9 months of 2013. increased by 6% compared to the same period last year - up to 27.1 million carats. This was said in a statement.

16th of May Fedor Andreev, head of AK ALROSA, said that the company plans to get rid of its non-core gas assets in the Yamalo-Nenets Autonomous Okrug (YaNAO) by the end of 2013.

July 2, 2013 2 members of the supervisory board of AK ALROSA, representing the interests of the Republic of Sakha (Yakutia) Viktor Efimov and Alexander Morozkin, died in a plane crash.

July 30, 2013 The Federal Antimonopoly Service of the Russian Federation granted the petition of Rosneft's subsidiary, RN-Holding (formerly TNK-BP Holding), to acquire the gas assets of AK ALROSA - 100% of the voting shares of CJSC Geotransgaz and a 100% stake in the authorized capital of LLC Urengoy Gas Company.

September 14, 2013 It was reported that ALROSA plans to sell its gas assets in the Yamalo-Nenets Autonomous Okrug to Rosneft.
OAO NK Rosneft is planning to close a deal to purchase gas assets of AK ALROSA in the near future, Igor Sechin, head of Rosneft, told journalists.


Rosneft in March 2013 acquired TNK-BP, which includes TNK-BP Holding. At the end of June 2013 shareholders of TNK-BP Holding decided to rename it to RN-Holding.
Rosneft is the largest state oil company, production in 2012. amounted to about 125 million tons of oil and 16 billion cubic meters. m of gas.
Read in full: http://quote.rbc.ru/news/fond/2013/09/14/34024846.html

As of October 14, 2013. The largest shareholders of the company are the Russian Federation, which owns approximately 50.9% of the shares, as well as Yakutia, which together with RIK Plus OJSC owns approximately 32.0% of the shares.
Net profit JSC "ALROSA" according to international financial reporting standards in the first half of 2013 decreased by 9.7% - up to 14.616 billion rubles.
Sales revenue amounted to 82.229 billion rubles, an increase of 7.4% compared to the same period last year. Read in full: http://quote.rbc.ru/news/fond/2013/10/26/34050495.html

Who owns another 9% of the shares - all that remains of the 23% of the shares that once belonged to the labor collective - is not disclosed

Production by AK "ALROSA" for 9 months of 2013 increased by 6% compared to the same period last year - up to 27.1 million carats. This was said in a statement.

On November 25, 2013, the Supervisory Board of PJSC ALROSA approved a NEW list of candidates for its membership .
After the IPO, in which 16% of AK shares were placed, the Russian Federation owns approximately 43.9% of the company's shares, Yakutia owns approximately 25% of the shares. In the list of candidates for the new composition
: http://quote.rbc.ru/news/fond/2013/11/25/34069037.html

The Government of the Russian Federation has approved the sale of a 7% stake in the charter capital (more than 515 million shares) of AK ALROSA to VTB Capital as part of the privatization of state assets. The order also provides for the mandatory terms of the sale and purchase agreement, including the condition for the transfer of shares only after their full payment and receipt of funds to the accounts of the Federal Treasury, the Cabinet notes.

As part of the IPO, will be put up for sale
515 million 547 thousand 593 shares (about 7%) owned by the Russian Federation,
515 million 547 thousand 593 shares (about 7%) owned by OAO RIK Plus (fully owned by the Republic of Sakha (Yakutia),
150 million 237 thousand 555 shares (about 2%) owned by Wargan Holdings Limited (a company registered in the Republic of Cyprus and controlled by AK ALROSA).

The branch "Goldman Sachs (Russia)" acts as an agent on behalf of the Russian Federation in connection with the sale of shares, and also provides the services of the organizer of the sale of shares of OAO "RIK Plus". Goldman Sachs International, J.P. Morgan Securities Plc., Morgan Stanley & Co. International Plc. and VTB Capital are joint global coordinators and joint bookrunners of the share offering. Renaissance Capital is the joint bookrunner of the share offering.
Quote.rbc.ru: http://quote.rbc.ru/news/fond/2013/11/25/34069037.html

November 27, 2013 VTB Capital acquired 0.2% of ALROSA as an IPO stabilization agent
VTB Capital, acting as a stabilization agent, purchased 2,400,000 of the company's ordinary shares on the market, which is about 0.2% of the total offer. Recall that the stabilization agent had the right to purchase up to 10% of the company's ordinary shares sold as part of the offer, ALROSA said in a statement.

Going forward, VTB Capital will exercise the put option granted by Sunland Holding SA, a 100% subsidiary of ALROSA, to sell shares acquired during the stabilization period.
Goldman Sachs International, J.P. Morgan Securities plc, Morgan Stanley & Co. International plc and VTB Capital acted as joint global coordinators and joint bookrunners of the offer. Renaissance Capital was the joint bookrunner of the offer.
http://www.finam.ru/analysis/newsitem7A551/

OJSC AK ALROSA is one of the largest diamond mining companies in the world and accounts for 25% of world production.

As I wrote French newspaper "La Tribune": First Deputy Prime Minister of Russia Igor Sechin is the main coordinator of the country's oil strategy, a key person in the system of power created by Vladimir Putin.

He is also the main reason for the expansion of the influence of Rosneft, since he has been in charge of it since 2004, that is, from the second presidential term of Vladimir Putin. One of the current prime minister's closest supporters began his career as an interpreter in Mozambique in the 1980s, when the country was in the throes of civil war.


Why did Igor Sechin become interested in Rosneft? To create a counterbalance to Gazprom, to form a large national oil company that could compete with the gas monopoly in influence and power. He also had a hand in the splitting of the Yukos assets, thanks to which Rosneft was actually formed. Sechin combined work in the government and Rosneft until August of this year, when President Dmitry Medvedev ordered the ministers to step down from senior positions in business. Though reluctantly, Sechin had to comply. However, the agreement with ExxonMobil and his presence at the signing ceremony prove that he continues to play a decisive role in determining Russia's oil strategy

Eagle made of rough diamonds. Exposition of the Alrosa company museum, Mirny

Maybe for De Beers, mining and the diamond market is "dust on the boots", but it will come in handy for us ..)))

P.S. Who and how found diamonds in Russia. felling "Successful". Forgotten Heroes. Sensational discoveries

The section is very easy to use. In the proposed field, just enter the desired word, and we will give you a list of its meanings. I would like to note that our site provides data from various sources - encyclopedic, explanatory, word-building dictionaries. Here you can also get acquainted with examples of the use of the word you entered.

The meaning of the word alrosa

Alrosa in the crossword dictionary

Wikipedia

Alrosa

ALROSA (Al mazy Ro ssii - Sa ha) (Yakut. Arassyyya wanna Sakha almaastaryn public aakhsyyalardaakh holbohuga) - Russian a group of diamond mining companies that occupies a leading position in the world in terms of diamond mining (as of 2012). The corporation is engaged in exploration of deposits, mining, processing and sale of rough diamonds. The main activity is concentrated in Yakutia, as well as in the Arkhangelsk region and Africa.

ALROSA mines 95% of all diamonds in Russia, the company's share in the world diamond production is 25%. The company has proven reserves sufficient to maintain the current level of production for at least 18-20 years. The probable reserves of ALROSA make up about one third of the world's diamond reserves.

Full name - Joint Stock Company ALROSA, short AK ALROSA. Headquarters - in Mirny (Yakutia) and in Moscow.

Alrosa (airline)

JSC ALROSA Airlines is a Russian airline providing regional transportation in Yakutia, regular and charter flights in Russia, international charter flights to the CIS countries, Asia and Europe, cargo transportation and special aviation work. Based in Yakutia at Mirny and Polyarny airports (Udachny city).

In addition to regular and charter flights, the company also carries out airport activities and is the operator of such airports as Mirny, Polyarny, Aikhal, Vitim, Lensk, Olenyok, Saskylakh.

ALROSA Airlines JSC was established on the basis of Mirny Aviation Enterprise, which was a structural subdivision of AK ALROSA, since January 1, 2013, it has been functioning as an independent legal entity.

An impressive panorama of the Kremlin opens from the office window of the CEO of the ALROSA investment group, Sergey Vybornov. Perhaps this adds to his significance in the negotiations. But appearances are deceiving: the problem of IG ALROSA lies precisely in the fact that this group, whose possessions are scattered for thousands of kilometers from the Arkhangelsk region to Yakutia, does not have support from the federal center. And if there is, it is not enough.

IG ALROSA is an unusual formation. This is a semi-private company, to which the state diamond monopoly ALROSA and the government of Yakutia transferred promising deposits of gold and precious stones at one time. Under the control of the IG "ALROSA" were gigantic assets: approximately 200 million carats of diamonds in the Arkhangelsk region and 700 tons of gold in Yakutia. Only one figure can tell about the scale of the company: the estimated reserves of the Lomonosov diamond deposit are about $12 billion.

As the president of "big" ALROSA, Alexander Nichiporuk, told Forbes, the task of the investment group is "to assist in attracting funding for investment projects of AK ALROSA and the Republic of Sakha (Yakutia)". In other words, IS must find funds for those projects that the diamond company cannot or does not want to do on its own.

Finding investors these days is not that hard. The interest in the industry is huge. Last year alone, the price of gold increased by 12.6% to $409 per troy ounce. Global consumption of the "yellow metal" last year increased for the first time in four years, experts say World Gold Council. Diamond prices also rose by almost 20% in 2004 and could rise by another 10-12% this year for the same reason: buyers are willing to buy more than the market is able to offer.

One of the largest investors in the Russian precious metals market, Norilsk Nickel, has already spent about $1.6 billion on the acquisition of gold mining companies, and plans to spend another $600 million by 2010. Such giants as AngloGold Ashanti and Rio Tinto have entered the market. Companies with smaller gold reserves in Russian deposits than IG ALROSA - Peter Hambro and Highland Gold - have successfully placed their shares on the stock exchange, having received hundreds of millions of dollars from investors.

IG ALROSA has also repeatedly announced that its negotiations with potential investors are about to culminate in the creation of a strong partnership. But every time the lucrative deals fell through. Why? There are at least two reasons. The first of these is the non-transparent ownership structure of the investment group.

WHO IS THE OWNER? IG ALROSA grew out of the structures of the Moscow-based Sobinbank, which serviced the accounts of the Russian diamond monopoly. At first, the company was called "Lizinvest" and had nothing to do with current projects - it traded bills. In the summer of 2001, Leezinvest “moved” to Khanty-Mansiysk, changed its name to ACE Group and acted as an intermediary for a loan in the amount of 1 billion rubles, which the government of the Khanty-Mansiysk Autonomous Okrug (KhMAO) allocated for the organization of a diamond-cutting production on its territory . The loan was intended for ALROSA, but only a company registered in Khanty-Mansi Autonomous Okrug could become its recipient. ACE Group acted in this role, then transferring the money to the diamond mining monopoly.

To complete the transaction, ALROSA CJSC bought out a controlling stake in ACE Group, and the company itself was re-registered as ALROSA Investment Group OJSC. Sergey Vybornov, the former head of the investment and credit department of Norilsk Nickel, was appointed the CEO of IG. It is he who is now responsible for all the projects of the group, is negotiating with investors. Occupation for Vybornov is familiar - at Norilsk Nickel he headed the department of international financial and investment cooperation.

It is clear with the management, but who are the private shareholders of the company?

The official version proposed by the President of CJSC ALROSA, Alexander Nichiporuk, is as follows: “50% -1 share of IG ALROSA is under the control of its management”, the rest of the shares belong to the diamond monopoly. Vybornov says that he is not listed as a shareholder, and when asked to tell from whom exactly he received an offer to work in a subsidiary of ALROSA, he explains with apparent reluctance: “Most of the conversations were with Otar Margania.”

The name of the Senior Vice President of Vneshtorgbank, Otar Marganiya, is well known in the gemstone industry. He works as a freelance adviser to Deputy Prime Minister and Finance Minister Alexei Kudrin. Kudrin heads the Supervisory Board of ALROSA and oversees the industry. And Margania, according to experts interviewed by Forbes, has a great influence on the minister. Forbes interlocutors are also sure that it is his companies that now own a significant share of the shares of the investment group not controlled by ALROSA.

Is it so? Margania himself laughs into the phone: “I am engaged in scientific, not practical activities, so this is not within the scope of my interests.” Indeed, while living in St. Petersburg, Margania taught at the Faculty of Economics of the University and even published (in co-authorship) a lengthy economic essay "European Modernization". Then why does the market attribute ownership of the shares to him? “There was a group of people who, having failed to show their worth at ALROSA, were forced to leave,” says Margania about possible sources of such information. - They somehow assumed that if Otar Leontyevich defended, they could stay. And I said that I was not going to talk to anyone, after which articles appeared in the press that I was like a gray eminence in ALROSA.” Still, Margania does not deny his participation in the creation of IG ALROSA.

However, in determining the fate of the diamond industry, not everything is decided by the head of Margania Alexei Kudrin. There is another "party" - it is represented by the Yakut authorities, headed by the president of the republic, the former president of ALROSA, Vyacheslav Shtyrov. The established dual power is the second reason why the development of IG ALROSA is being hampered.

TWO PARTIES. Until 2002, ALROSA, the $2.7 billion diamond monopoly, had two supervisory board chairmen, one from Moscow and one from Yakutia. This corresponded to the distribution of the company's shares: Moscow owns 37% of CJSC ALROSA, Yakutia - 40%, and the rest of the papers are held by former and current employees of the company, as well as third-party investors. In early 2002, Shtyrov, having easily won the regional elections, became the president of Yakutia, leaving the post of president of ALROSA. Following this, the dual post of chairman of the supervisory board was abolished, and the board began to be headed by one Kudrin.

This reshuffle was the beginning of the active actions of the federal center, which decided to gain full control over the diamond monopoly. These actions have so far been unsuccessful: despite the obvious superiority of the Moscow "party" (in terms of administrative resources), the center cannot increase its stake: a direct conflict with Yakutia is unprofitable for it, and it is impossible to reach an amicable agreement.

Against this background, the creation of IG ALROSA and the transfer of promising deposits to its ownership can already be considered a victory for Moscow.

The most valuable acquisition of IG is the Severalmaz company, which owns a license for the Lomonosovskoye field in the Arkhangelsk region. Significant funds were required for its development, and at first the South African company De Beers showed interest in the project. But the project fell apart. At the end of 2002, IG ALROSA entered the business - it was instructed to find a new foreign partner. It was about the British Fleming Family & Partners. Under a preliminary agreement, FF&P was to receive a 43% stake in Severalmaz, which owns licenses for 6 kimberlite pipes at the Lomonosov diamond deposit with total reserves of 200 million carats.

Negotiations of potential partners continued until the end of 2003, when ALROSA, unexpectedly for many, transferred the management of Severalmaz to LLC IK Solex, a 100% subsidiary of IG ALROSA. In fact, this meant the cancellation of the deal with the Flemings.

After the termination of negotiations with the Flemings, it was decided to raise the necessary funds on the market: by first placing credit notes, and then the shares of Severalmaz on Western exchanges. Notes for $150 million were successfully sold (under the guarantee of the “big” ALROSA). The company spent most of the funds raised on the construction of a mining and processing plant at one of the pipes. Its launch took place on June 28 of this year - thus, 25 years after the discovery of the field, its development has finally begun.

The placement of the shares of the diamond company on the stock exchange, originally scheduled for the 1st quarter of 2005, is still awaited by investors. The new release date is early 2006, Vybornov says.

Another story is with the gold reserves, which went to the IG "ALROSA". If the Arkhangelsk diamond deposits were actually handed over to the company from Moscow, then the gold mines were given to the investment group by Shtyrov himself, who, already the president of Yakutia, signed the corresponding decree. IG ALROSA eventually gained control of a new, debt-free company with 12 deposits, whose total gold reserves exceed 700 tons. Forbes sources believe that in exchange for this, Shtyrov was promised the post of federal minister from Moscow, but then the offer was withdrawn. Shtyrov did not forgive this insult. And now - after the adoption of the law on the direct appointment of heads of regions - he should feel doubly offended. The conflict with the center because of this only flares up.

Meanwhile, IG ALROSA began looking for partners for gold mining. In an interview with Forbes in early June, Vybornov said that there was already an agreement to create a joint company with Barrick Gold, the second gold miner in the world. The new enterprise, according to Vybornov, would have a capitalization of about $1 billion.

Great plans. But a month later, Barrick ceased to be the only possible partner of IG ALROSA - consultations on this issue, as it turned out, were also carried out with the American Newmont and Norilsk Nickel.

And it seems that this uncertainty will continue as long as the conflict between Moscow and Yakutia drags on. In a situation of almost open war for the “big” ALROSA, ISIS projects fade. “I think that now it is more important to coordinate issues between the federal and Yakut governments. There is a political moment,” notes Otar Margania. “No one knows what will happen to IG ALROSA tomorrow under such conditions,” says one of the representatives of the diamond industry.

The ALROSA investment group, created with the participation of persons unknown to the general public, was supposed to get access to billions in investments, but so far is content with modest projects. For example, it plans to create a Russian jewelry brand aimed at the middle class, which will include a chain of 50 stores over the next five years. The jewelry design will be handled by former Cartier specialist Corentin Kidot. The first store is scheduled to open in December this year in Moscow. IG will spend $2-3 million of its own funds on marketing. According to Vybornov, agreements have already been reached with a number of companies and individuals who will receive their share in the chain of stores in exchange for investments. ALROSA may also take 5-10%, they are showing interest in this,” he says. “And then this chain of stores will also enter the market,” continues Vybornov. - The main goal is capitalization. That is, we trade assets. In the interests of ALROSA. I would like to believe that this is the case.