A Tel Aviv court has appointed a receiver for the Israeli rough diamond trader Stelman. Stelman’s bank debts are reportedly over $20 million.

 

Stelman is a family-owned company with headquarters in Antwerp. According to reports, it is currently striving to reach debt settlements. Stelman was a major DTC sightholder and a leading rough diamond trader.

 

According to reports, aside from a debt of $5 million to Erez Daliyot, no Israeli diamond companies are owed money by Stelman.