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Ellen Joncheere HRD Antwerp
HRD Antwerp Not for Sale (for Now)
The Antwerp World Diamond Centre (AWDC) has postponed the sale of HRD Antwerp, and will instead embark on a turnaround strategy for the laboratory.“The [AWDC] board of directors and standing committee decided not to sell...
Polished Markets Feb 23, 2020 Joshua Freedman
HRD Antwerp Hatton Garden
Peter Meeus Bids Again for HRD Antwerp
Former HRD Antwerp chief Peter Meeus has made a second offer to buy the Belgian laboratory, after its owners rejected his initial proposal.“I’m going straight to the Hoveniersstraat 22 to [deposit] my new bid,” Meeus said...
Polished Markets Feb 19, 2020 Joshua Freedman
Antwerp
Belgium Shipments Hit 10-Year Low
Belgium’s diamond trade declined in 2019 as excess supply led to slower demand for rough and polished, the Antwerp World Diamond Centre said Wednesday.Polished exports fell 13% to $9.93 billion, their lowest level since...
Polished Markets Jan 16, 2020 Rapaport News
AWDC
Belgium Tightens Access to Diamond Trade
Belgium has introduced legislation requiring managers of diamond companies to prove their good conduct and knowledge of money-laundering laws.The rules, passed in November by royal decree, are intended to control access to the sector and came after...
Financial-Legal Jan 09, 2020 Leah Meirovich
Ellen Joncheere HRD
HRD Names New CEO Amid Sale Process
HRD Antwerp has hired Ellen Joncheere as its CEO in the middle of a process to sell the company.Joncheere currently holds the same position at Fremach International, a supplier of car parts to the automotive industry. She will join...
Polished Markets Dec 26, 2019 Rapaport News
HRD
Sarine Joins Race to Buy HRD Antwerp
Sarine Technologies has entered the running to acquire HRDAntwerp, according to two sources close to the sale process. The Israel-based diamond-technology company has registered its interest in buying the Belgian laboratory, as have two previous...
Polished Markets Dec 03, 2019 Joshua Freedman
HRD Antwerp
HRD Antwerp Receives Two Takeover Bids
The International Gemological Institute (IGI) and industry veteran Peter Meeus have put in rival bids to acquire HRD Antwerp.Meeus, HRD’s former managing director, lastweek submitted a proposal to buy at least 51% of the lab in partnership...
Financial-Legal Nov 06, 2019 Joshua Freedman
The Diamond Office in Antwerp
Belgium Diamond Shipments Drop
Belgium’s diamond trade slowed in September, continuing adownward trend for the year. A 25% decline in polished exports reflected lowervolumes and a fall in the average price. Sep 2019 Year-on-year change Polished exports $873 -25%...
Polished Markets Oct 22, 2019 Rapaport News
AWDC
Belgium Diamond Trade Slows
Belgium’s diamond trade continued its decline in August, withrough and polished shipments slowing. Polished exports slumped 34%, reflectinglower volumes and a steep drop in the average price, according to data from theAntwerp World Diamond...
Polished Markets Sep 11, 2019 Rapaport News
HK Show informa 150
Officials Calm Hong Kong Show Concerns
The organizers of the Hong Kong Jewellery & Gem Fair have assured the trade that the September show will take place as planned, and denied claims that exhibitors are requesting it be postponed due...
Polished Markets Aug 25, 2019 Rapaport News
Hong Kong show
Trade Calls to Postpone Hong Kong Show
Three major trade bodies have asked the organizer ofthe Hong Kong Jewellery & Gem Fair to delay the show until the political climate stabilizes. “Currently 30% to 40% of the exhibitors are demanding...
Polished Markets Aug 21, 2019 Rapaport News
The Fenix machine 150
Belgium Trade Cuts Diamond-Research Funding
The Antwerp World Diamond Centre (AWDC) will no longer provide financial backing to the city’s diamond-technology unit, citing difficult conditions in the local industry. “As a result of the high cost of labor in our country,almost the...
Polished Markets Jul 21, 2019 Rapaport News
WFDB External Advisor
Peter Meeus to Advise WFDB on Synthetics
The World Federation of Diamond Bourses (WFDB) has hiredPeter Meeus as an external adviser. He will be responsible for helping theorganization fine-tune its position on lab-grown diamonds and other industrymatters. Synthetic diamonds are a huge concern in the...
Polished Markets Jun 27, 2019 Leah Meirovich
AWDC
Belgium’s Rough Trade Slumps in May
Rough exports from Belgium dropped 37% year on year to $741.5million in May, reflecting continued weakness in the sector. Rough imports fell16%, according to data from the Antwerp World Diamond Centre. The polishedtrade was more...
Mining Jun 26, 2019 Rapaport News
AWDC building Antwerp
Belgium Rough Trade Slows in 1Q
Belgium saw a decline in its imports and exports of rough diamondsin the first quarter, as mining companies’ sales dropped.Shipments into thecountry slid 33% to $2.09 billion for the period, reflecting a 38% slump inrough sales...
Rough Markets Apr 28, 2019 Rapaport News
National Bank of Fujairah Antwerp launch April 201
Dubai’s NBF Enters Antwerp Lending Market
The National Bank of Fujairah (NBF) has launched arepresentative office in Antwerp as it looks to expand its business lending toestablished diamond traders. The Dubai-based bank targets wholesalers with secure sourcesof income and solid product...
Financial-Legal Apr 07, 2019 Joshua Freedman
belgium polished 150
Belgium Trade Declines in February
Belgium’s shipments of rough and polished slowed inFebruary. An 8% drop in the volume of polished exports outweighed growth in theaverage price, with the total value down 3% for the month, according to datathe Antwerp World Diamond Centre...
Polished Markets Mar 10, 2019 Rapaport News
Antwerp credit AWDC
Belgium Trade Slows in January
Belgium’s shipments of rough and polished slid in Januaryamid a slowdown in the global industry. A 10% drop in the volume of polishedexports outweighed growth in the average price, with the total value down 4%for the month, according...
Polished Markets Feb 18, 2019 Rapaport News
Antwerp Diamond Bourse
Record Average Price Supports Belgium Trade
Belgium’s polished exports were flat in 2018 as a higheraverage price offset a drop in volume, according to data the Antwerp WorldDiamond Centre (AWDC) released recently. Weakness in the market for smallerstones prompted an increase in trading in larger diamonds,...
Polished Markets Feb 04, 2019 Rapaport News
Antwerp port
Belgium Prepares for ‘No-Deal’ Brexit
Belgium’s diamond industry has urged companies to preparefor the possibility of the UK leaving the European Union (EU) without a customsdeal.Trading between the EU and the UK will be subject to customschecks if the two parties fail to finalize an agreement...
Rough Markets Jan 21, 2019 Rapaport News
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