ALROSA’s innovation activities are aimed at facilitating the sustainable development of the Company through improved competitive positions and continuous creation, development and adaptation of innovations in its core business.

Within the framework of the innovation processes, the Company has enacted the Program for Innovative and Technological Upgrade of ALROSA up to 2024). It provides for a series of measures that will allow us to develop and deploy new technologies and innovative products and services, compliant both with international standards and with the priorities of the domestic policy on research, technology, and innovation.

Cooperation within the Framework of Innovation (sub-heading)

One of the main pillars of the Company’s innovation activities is the principle of «open innovation» that supports broad interaction of ALROSA with the innovation community.

The company implements innovations in partnership with third-party contractors: research centers and institutions of the Russian Academy of Sciences, universities, innovative small and medium-sized businesses, technology platforms, start-ups, development institutions and other organizations in order to accelerate the creation and launch of globally competitive products.

To build effective communications with the innovative community the Company has implemented the One-Stop-Shop system for collection and review of the innovative proposals in line with the list of ALROSA’s core business tasks with the aim of their further implementation in the company.

Apart from that, we regularly hold various contests, incl. the ALROSA Open Innovation Contest, aimed at involving the external and internal environment in the innovative activities of the Company, and the introduction and use of innovative solutions.

The One-Stop-Shop system is a means of interaction between the Company and the manufacturers and suppliers of innovative solutions, including small and medium-sized businesses. The system is governed by the Regulations on the Procedure and Rules for the Implementation of Innovative Products at ALROSA that determine the procedure and rules for reviewing the innovative proposals and their inclusion in the List of Innovative Products for Future Use at ALROSA.

Within the framework of the system the ALROSA’s list of core business tasks is regularly published, this applies to the innovative solutions and relevant requirements; also we collect and evaluate the new proposals.

Solutions of various maturity levels are accepted: from R&D to mass-produced items. However, it should be noted that the maturity and quality of these proposals will help the Company’s specialists in considering them in a shorter time frame.

Innovation actors are free to submit their innovation proposals via the One-Stop-Shop contact center, using an official submission form. We accept proposals on a regular basis.

Once an innovation actor submits a proposal through the One-Stop-Shop Сontact center, the proposal is entered into the Submission Registry. The Registry is publicly available on the company’s corporate portal, allowing applicants to review their proposal status.

It should be noted that regardless of the positive assessment of a proposal, procurement of innovative solutions is governed by the Regulations on Procurement at ALROSA, and the Company’s regulatory documents that cover procurement and contract-related procedures.