An auction for the sale of a controlling block of shares of OJSC “Almazny Mir” (Diamond World)

On 10th of November the Auction House of the Russian Federation (AHRF) will hold the auction for the sale of 52.37% of shares of OJSC “Almazny Mir”, included in the Forecast Plan of Privatization for 2014-2016 (the rest shares are owned by Alrosa Diamond Mining Company (47.37%) and minority shareholders).
The starting price of the block of shares offered for sale – 836 million rubles.
Applications for participation in the auctions are accepted from 3rd of August till 11th of November in Moscow and Saint Petersburg branch offices of the AHRF.

The main assets of the enterprise is an office building with an area of 46.9 thousand sq. m in Moscow, near the “Rechnoy Vokzal” (River Station) subway station, in Smol’naya Street, 12, in which premises a majority of participants of the Diamond Market are focused.
The total number of companies renting the areas, process equipment and safes of OJSC “Almazny Mir” is 155. Of them 33 companies carry out a jewelry production, 30 – diamonds production, 41 – a wholesale and retail jewelry trading, 34 companies carry out another activity.

The major tenants are the following companies:
- The Branch of the Alrosa Diamonds Mining Company – the Alrosa Diamonds – the company occupies 5,930 sq. m of premises;
- LLC “TBSS” – occupies 2,200 sq. m of premises (the TBSS company is one of the leaders of Russian Market of Freight Forwarding Services, connected with transportation of values (bank notes, coins, precious metals, precious stones and others).
Besides the above-mentioned companies on the OJSC “Almazny Mir” areas the Diamond Chamber of Russia (carries out formation of the unified for the whole country form of diamond trading, integrated in the world diamond business), gemological centers (carry out an independent examination of precious stones for cutting and jewelry enterprises), are located

The OJSC “Almazny Mir” also owns:
• a garage complex with an area of 1.1 thousand sq. m, adjoining the office building at the address: 12, Smol’naya Street, Moscow;
• a store with an area of 179.4 sq. m at the address: 38, building 8, Kronstadt Boulevard, Moscow.

For reference:
OJSC “Almazny Mir” was created in 1999 on the basis of a production complex – the State Unitary Enterprise Moscow Plant “Kristall” (the Crystal).
The main activities of OJSC “Almazny Mir” are lease providing of non-residential premises and process equipment, provision of services (restoration of production tools and equipment, repair of premises and production equipment, communication services, medical services and so on).

The Company carries out a dynamic cooperation with domestic and foreign cutting and jewelry enterprises and their associations, with leading scientific and production centers of the diamond complex, with the state supervisory structures and bodies, carrying out the state supervising of the industry.
A notification number at the official website of the Russian Federation for placing information about the auction holding: 020816/0530477/06

For detailed information about the object of sale please see the website of the Auction House of the Russian Federation (AHRF)