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Moscow Takes Control of Rockwool's Four Russian Plants

Published January 14, 2026, 05:17
Moscow Takes Control of Rockwool's Four Russian Plants

Danish insulation materials manufacturer Rockwool has announced that Moscow has taken control of its four plants in Russia through a presidential decree. The company no longer has control over its assets in the country. Rockwool reported revenues of 261 million euros from its operations in Russia last year and does not anticipate the Russian government's decision will be reversed. This move is part of the increasing pressures and restrictions faced by foreign companies in Russia.

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