ROCKWOOL is an international group of companies producing rock wool solutions. The products are used for insulation, sound insulation and fire protection and are intended for all types of buildings and structures, as well as for shipbuilding and industrial equipment.

Revenue(RF), mln.USD
431
Assets(RF), mln.USD
551
Capital(RF), mln.USD
360
Glob.Revenue, mln.USD
3918
Staff(RF), 2021
818
Taxes(RF), mln.USD
23

In October, Thomas Kähler emphasized in a letter to readers in Berlingske that the company's Russian company "produces only for the Russian market and is not dependent on raw material supplies and support from outside." Therefore, we are convinced that the production and the Russian business will continue unchanged, regardless of whether it is owned by Rockwool or by others.' Danish Rockwool has systematically and deliberately supplied the Russian navy with hundreds of thousands of square meters of ship insulation used in some of the most advanced vessels in the Russian navy. This is revealed by a comprehensive review of Russia's official tender database.

The Company Statement
September 01, 2023

Continuing business operations in Russia (4 locations). Canceled €200 million expansion investment. The Rockwool company earned millions of Krons on orders from the Russian Ministry of Defense. Among other things, Rockwool products are part of a warship that participated in the war against Ukraine last year. An official partner and distributor of Rockwool supplied materials to the Russian Navy for use in the construction of three advanced frigates. Still, the Danish stone wool giant vehemently denies having any customer relationship with Russia’s military. Since the annexation of Crimea in 2014, Rockwool has systematically sold ship insulation that has ended up in at least 31 vessels in the Russian navy. Ukraine’s anti-corruption agency has branded Danish insulation giant Rockwool an “international sponsor of war” for continuing to supply its construction materials via intermediaries to various Russian state institutions, including the Ministry of Defense.

November 13, 2023Why Ukraine names Danish Rockwool an ‘international war sponsor’
November 07, 2023ROCKWOOL - International sponsor of war | War and sanctions
October 20, 2023Rockwool's Russian money machine: spitting huge sums in the coffers
September 14, 2023Rockwool's secret: Paid over 130 million to Putin's war chest
June 23, 2023The miser pays thrice. Western companies clinging to Russia are losing markets, business and reputation
June 23, 2023The miser pays three times. How Western companies clinging to Russia are losing markets, business and reputation (in Ukrainian)
May 31, 2023Rockwool’s new controversy: Used in Russian frigates carrying hypersonic missiles
April 06, 2023In the middle of the war: Rockwool advertised insulating the headquarters of the Russian Navy
February 24, 2023Rockwool in Russia: Has made millions from Putin's war machine
January 16, 2023Letter sent by B4Ukraine to the company and the response provided
March 04, 2022ROCKWOOL statement on continuing business operations in Russia
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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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