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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

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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...

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

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18 march 2024

Junwex jewelry exhibition concludes in St. Petersburg

12 february 2024

Junwex jewelry exhibition held in St. Petersburg from January 31 to February 4 was the first installment of the event for this year and 32nd in a row. More than 600 exhibitors participated in the show.

According to the organizers, it is this exhibition that “serves as an opening event for the year in [Russia's] jewelry industry, sets the vector for further development and at the same time tries to be on the same level as the cultural capital of Russia.”

At the exhibition, according to tradition, best companies from Russia and abroad presented their best products: jewelry, watches, cutlery, gifts and souvenirs, fine art weaponry items and much more. The exhibition area in 2024 was 18,000 square meters, and the show attracted 17,574 guests from different regions.

Junwex_1_2024.jpeg

Valery Budny, head of the Jewelry Russia exhibition program, noted “the adamancy of domestic jewelers, despite the circumstances”: “Wholesale buyers came from all regions of Russia and even from other countries, even those whom our participants have not seen for several years, and this is a good sign! The exhibition has grown by 1,500 [square] meters compared to last year, and during these trying times at that!”

Junwex featured the Recognition of St. Petersburg, an all-Russian competition of jewelers which served as a highlight of the show.

The goal of this project which became part of the program of the Junwex St. Petersburg exhibition and, in a way, its highlight, is to support the creative initiatives of Russian enterprises and individual artists. The competition was assessed by a jury consisting of recognized art critics chaired by the President of the Forma international foundation Galina Kovaleva.

A total of 46 companies and authors took part in this competition, presenting 104 products in 12 categories.

Galina Semyonova for Rough&Polished