President ALROSA Fedor Andreev held a working meeting with the leadership of the company, which addressed the long-term objectives for 2010, issues of implementation of main products, current financial condition and production.

Following the meeting Fedor Andreev instructed to work on updating the existing company"s development strategy until 2015 in the light of changing market factors affecting the economy of the company. A key objective of the work done should be the formation of long-term target model of the company, including a detailed forecast of the financial - economic power, industrial and resource base ALROSA after completion of all underground mines. This document will be prepared for the next meeting of the shareholders of the company in 2010.

As stated in the official announcement of the company, Alrosa is considering for himself the possibility of attracting private investment funds on the market, including through posting on the trading floors of the securities subsidiaries of diamond companies: OAO Alrosa - Nyurba, JSC Severalmaz and OAO Alrosa - Africa ", as well as through the use of OTC instruments.

unified sales organization ALROSA notes increased demand for diamonds in early 2010. In January, all of the group "Alrosa" expected cash flow from sales in excess of $ 300 million when you save the positive dynamics of demand in the market ALROSA virtually no plans to supply diamonds to the Gokhran of Russia in the first quarter of this year, the report said company.

The President also instructed the Single sales organization company to provide a program of geographic diversification of trade of the company, including strengthening the presence of ALROSA in the rapidly developing markets, especially India and China, and by making foreign subsidiaries of ARCOS into full-fledged sales office diamond production and diamond.

In addition, the meeting discussed the monetary policy of the company, improving the management structure of the company, reducing costs in the procurement of material and technical resources, social policy ALROSA.
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