KNAUF is one of the largest manufacturers of building materials in the world.

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
1237
Assets(RF), mln.USD
1209
Capital(RF), mln.USD
830
Staff(RF), 2021
4935
Taxes(RF), mln.USD
117
Glob.Revenue, mln.USD
16940

After Russia's full-scale invasion of Ukraine, the company officially made it clear that it saw no reason to leave the aggressor's market. They said they would remain in Russia as long as the political and commercial situation allows them to do so. They are responsible for more than 4,000 employees and their families, as well as for customers and suppliers, many of whom they have had excellent relationships with over the years, the company added. In October 2022, German media focused on the fact that Knauf supported the mobilization of its employees into the Russian armed forces. It was said that the Russian managers of the Knauf plant in Krasnogorsk near Moscow agreed with the authorities on the lists of those who were needed at the plant and who could be sent to war. Some of those who received a military subpoena were allegedly even taken to military enlistment offices in a company minibus. Also in February 2023, Knauf took part in the YugBuild exhibition event (Krasnodar Territory, Russia) and presented innovative building materials made in Russia. At the end of November 2023, the company even organized the KNAUF BUILD FEST 2023 exhibition event under the slogan The largest festival of Knauf technologies and solutions for construction and decoration with six growth zones for true professionals. Thus, Knauf specialists continue to build cities for the aggressor country. This contrasts especially cynically with the thousands of destroyed residential buildings in Ukraine by the aggressor's army, which is funded, among other things, by Knauf taxes.

The Company Statement
November 23, 2023

Still operating across 14 sites in Russia but promised to suspend new investments. Revenue and Net Income increased in 2022 vs 2021. Investing into Russia’s construction industry: Germany’s Knauf branded international sponsor of war by NACP.

November 24, 2023Ukraine adds German Knauf to list of war sponsors
November 23, 2023Knauf - International sponsor of war | War and sanctions
November 23, 2023The largest German investor in the construction industry of Russia, Knauf, was included in the list of international sponsors of the war
November 15, 2023KNAUF BUILD FEST 2023 | КНАУФ
October 02, 2023Metro, Bayer, Knauf: Diese Firmen machen weiter Geschäft in Russland
October 07, 2022Ukraine war: Russian Knauf subsidiary apparently supported Vladimir Putin's mobilization - DER SPIEGEL
March 25, 2022News and Press
March 11, 2022KNAUF remains in Russia | KNAUF
March 04, 2022Knauf has no plans to leave Russian market
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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