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Article: Goldiam International ventures into Russian market.(Industry overview)

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PTI - The Press Trust of India Ltd.
Article date:
December 17, 2007
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Goldiam International ventures into Russian market

Mumbai, Dec 17 (PTI) -- City-based jewellery company Goldiam International today said it is venturing into the Russia and is in talks with a leading Russian retail business house for a proposed joint venture.

Goldiam International's subsidiary Diagold Designs is venturing into the Russian markets with a distribution and retail business in diamond studded jewellery, the company said in a filing to the Bombay Stock Exchange.

The Russian business is expected to be operational by February, 2008 and would generate 10 million dollar incremental ...

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