Kristall's revenues jumped 38 percent year on year to $567 million (RUB 16.732 billion), which was above the company's financial goal in 2011. Net profit surged 53 percent to $9.7 million (RUB 287.995 million). Taxes rose 80 percent to $26 million (RUB 779.625 million).

During 2011, Kristall opened a proprietary training center to help many of its 2,500 workers gain specialized skills and it invested $5.8 million (RUB 173 million) in innovation and equipment.

Sixty percent of rough supplies were provided through long-term contracts with ALROSA, and Kristall purchased rough through an  agreement with Nizhnelenskoye company as well as from Gokhran and the open market.

The Kristall Group of companies has offices in  Hong Kong, Dubai, Antwerp and New York and operates  the Smolenskie Brillianty Jewellery Group and Almas Service Ltd., specializing in manufacturing accessories, instruments and equipment for the diamond industry. In 2013, the company will celebrate its 50th anniversary.

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