Varvara Dmitrieva: The jewelry industry of Yakutia is distinguished by its creativity, unique cultural code and conservation of traditions

Varvara Dmitrieva, Associate Professor and Head of the Department of Precious Stones and Metals Processing Technologies of the North-Eastern Federal University, told Rough&Polished about the results of the Forum of jewelry Craftsmanship and the prospects...


Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country

Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.

11 april 2024

Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted

New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...

01 april 2024

Edahn Golan: Lab-grown diamond prices to continue declining

In an exclusive interview with Rough&Polished's Mathew Nyaungwa, Edahn Golan, proprietor of the eponymous Edahn Golan Diamond Research and Data, predicted that the prices of lab-grown diamonds would continue to decline, especially at the retail and...

25 march 2024

ADPA’s Ellah Muchemwa: G7 restrictions to bring extra costs from diamond mining to retail

The African Diamond Producers Association (ADPA), which has openly registered its disdain for the G7’s rough diamond trade restrictions, is of the opinion that the move will bring extra costs on all stages, from mining to retail. ADPA executive...

18 march 2024

The company Palekh Watch demonstrated its products to the President of the Russian Federation

05 june 2023
The company Palekh Watch took part in the exhibition "Development of the creative economy in Russia", which was held in Moscow at the Zotov center.
The event was attended by Russian President Vladimir Putin.
The exhibition featured watches from the collection "Regions of Russia": "Swallow's Nest" (Republic of Crimea) and "Saur-Grave" (Donetsk People's Republic).
The guests were also able to see new products from the brand Palekh Watch: "Map of Russia", "George the Victorious" and "St. Vladimir" models.
The founder of the brand Anna Nesterova told the president about the watch manufactory Palekh Watch, the purpose of which is to popularize the Palekh painting.
Vladimir Putin agreed that a watch with a native Russian painting could become a unique gift. The President also discussed with the head of the company the ways of development of folk art crafts and supported the proposal that it is necessary to consolidate in legislation the right to use geographical names in trademarks if these products are produced by local folk art crafts.
Putin supported Nesterova's proposal to create a higher educational institution in the village of Palekh. 
Palekh Watch is a Premium Russian watch brand created in 2020. The founder of the brand is Anna Nesterova, Chairman of the Board of Directors of the Global Rus Trade international marketplace, Chairman of the Russian part of the BRICS Women's Business Alliance.
Palekh Watch popularizes Palekh painting. This is a type of ancient Russian painting that originated in the 17th century in the village of Palekh. The brand cooperates with artists from the Palekh Artists Association, who manually paint the watch faces. Masters use traditional painting techniques with a 400-year history, brushes and paints of their own production.
Drawing on each individual the dial is not repeated. Individual elements of the drawing are highlighted with gold leaf. The themes of the images are taken as classical paintings of life and everyday life of Ancient Russia, fairy-tale motifs, and modern plots in an unlimited range.
Swiss (RONDA), Japanese (MIYOTA) and Russian (Vostok) watch mechanisms are used in the production of Palekh watches.

Alex Shishlo for Rough&Polished