Having invested 25 million dollars, the «Adamant» jewelry factory with new capacities and equipment was opened in Yerevan. State support also facilitated the implementation of the project. It is expected that the creation of new products will increase the production of jewelry in the country and will change the image of exports. The company can refine more than 500 kg of 999 gold bars of both ore and gold scrap samples at its refinery. The company plans to produce 15 million grams of goods per year.

Currently Adamant LLC is the only producer in the region of more than 100 types of products made of hollow gold and silver. If gold products are also produced in Russia or Turkey, such products are not made of silver anywhere in the region. The advantage of the company’s range is that with the same characteristics and appearance of the product, they are twice as lighter than the analogs, therefore, more affordable. 

The newly opened yellow gold factory produces white gold, making Armenia the first producer of gold bleach (rhodium sulfate) in the region. The company will also produce special solutions - materials used in jewelry production for birching, gilding, and plating. Thus, imported galvanic solutions will be replaced by domestic products, which can also be exported to the EAEU countries.