VEB, Rusnano & Russian Rail on ALROSAs board | Far East, Finance, business

Far East | Finance, business | Materials, extraction

VEB, Rusnano & Russian Rail on ALROSA’s board

22 Jun '09
Shareholders of one of the world’s largest diamond producers, Yakutia-based ALROSA, have approved $47.7m capex to be paid from 2008’s $50.6m net profit, the firm reported earlier today.

In addition, it was announced that top managers of Russia’s leading state-controlled companies, including Vnesheconombank (VEB), nano-corporation Rusnano and Russian Railways, would join ALROSA’s Supervisory Board.