Diamond monopoly ALROSA’s president can be replaced

Diamond monopoly ALROSA’s president can be replaced
President of ALROSA Andrey Zharkov

According to a number of media, now this question is discussed in the Government. The company refused to comment on this information.⁠

The head of the diamond-mining company ALROSA maybe replaced, Bloomberg reports on Friday, February 18. The portal claims that now the appropriate question is actively discussed in the government of the country – this information was confirmed by three sources familiar with a situation.

Earlier, the president of ALROSA Andrey Zharkov had a conflict with officials concerning the way the company should develop, one of interlocutors of the portal reported. In particular, Zharkov voted against reducing of expenditure for investments in the company, capital expenditures, and also salaries in 2017 at the last meeting of the board of directors in December of last year.

It was not possible to get official comment from ALROSA, press service refused discussion of change of the president of the company with journalists. Deputy Prime Minister and the president's envoy in the Far East Yury Trutnev who supervises ALROSA also refused to comment on data.

Later, Vedomosti reported with reference to two federal officials that the contract of Zharkov which was signed in 2015 and is calculated for three years will not prolonged. Sources of the media did not specify who will replace Zharkov on his post.

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