HB Antwerp: Pioneers of Change

In the heart of Antwerp, one of the world’s diamond capitals, HB Antwerp has paved an innovative path that merges luxury and sustainability.

Last November, the company was included in Fortune’s prestigious Change the World list, ranking 12th for its business model that not only promotes transparency but also generates a direct and positive impact on local communities, particularly in Botswana, the source of the diamonds it processes.

Founded in 2020, HB Antwerp took on the historical challenges of the diamond industry, traditionally known for its opacity, by adopting a model that emphasizes ethics and social responsibility.

What’s behind its success? An innovative technological approach that uses advanced tools to optimize diamond processing, while reducing costs and improving transparency.

Rafael Papismedov, co-founder and CEO of HB Antwerp, proudly stated, "We are honored to be included in Fortune’s Change the World list. From day one, we believed there was a better way to do business, and we’ve proven it by creating a new, sustainable business model that’s both profitable and beneficial."

Their philosophy is realized through a long-term strategy focused on community empowerment, investing in skills development and job creation.

With 140 employees in Belgium and 50 in Botswana, HB Antwerp is a prime example of how a company can grow while making a tangible impact on local social and economic contexts.

And this is just the beginning: the company plans to significantly expand its operations in Botswana, continuing its mission to build a highly skilled local workforce.

Antonella Reina, Editor VO+