State-owned Kristall of Smolensk, the largest diamond cutter and polisher in Russia, reported this week that last year its revenues jumped 56% over 2009 to hit a record figure of Rb12.1 billion ($403 million).



The company also said it had created 200 new jobs and registered a bottom-line profit figure of Rb187.8 million ($6.3 million).



Production is currently at full capacity at the Smolensk factory, the diamond company added.