On April 1, 2016, the 20-th meeting of the active functionaries of ALROSA Group was held in Mirny. The results of the Company’s operations and production in 2015 and priority tasks for 2016 were discussed at the meeting.

Over 500 representatives from all ALROSA’s subdivisions and affiliates attended the anniversary meeting. Among other participants of the meeting were the Chairman of the State Assembly (Il Tumen) Mr. Alexander Zhirkov, Chairman of the Government of the Republic of Sakha (Yakutia) Ms. Galina Danchikova, ALROSA President Mr. Andrey Zharkov, people’s deputies of the Republic of Sakha (Yakutia), heads of ministries and administrations of Yakutia, administration of Mirny District and the town of Mirny, heads of municipal entities–founders of the Company, and chairmen of primary trade union organizations of labor collectives.

ALROSA President, Mr. Zharkov, delivered the key address. He reported that the Company diamond mining plan in 2015 of over 38 million carats was accomplished in its entirety and overrun the results of 2014 by 6%. According to Mr. Zharkov, ALROSA ramped up production due to putting into operation of Botuobinskaya pipe in Yakutia, growing production at Severalmaz in the Arkhangelsk region, and increasing diamond mining at Mir and Udachny underground mines in Yakutia. At the same time, in 2015, ALROSA had to bring down the prices for its assortment on average by 15% because of the market slump. However, the market rallied starting since January this year, and over the past two months the Company ramped up diamond sales proceeds by 25 percent.

The agenda of the meeting also included addresses delivered by representatives of ALROSA’s subdivisions and affiliates. The speakers touched upon achievements of their collectives and acute social problems, such as quality of public health in the district, speed of construction of new housing, and others.

In conclusion of the meeting, awards were presented to ALROSA’s best employees of the year.