Clean Break: the company completely halting Russian engagements or exiting Russia
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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.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalIn 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. Danish building materials company Rockwool said on Tuesday, January 13, 2026 that Russia has taken control of the company's four factories in Russia and the company is no longer in control of its assets in the country. Rockwool's statement said the factories will be de-consolidated and the net value of its businesses there will be written down, adding that their total equity amounted to 469 million euros ($546 million) at December 31.
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. Business seizure. The Russian assets of the Danish Rockwool were transferred to the management of companies from the Russian Federation in accordance with Putin's decrees, which he signed on December 31, 2025. It is noted that 100% of Rockwool LLC, a subsidiary of Rockwool, as well as 68% in Rockwool-Volga LLC - another "subsidiary" of the Danish manufacturer of thermal insulation materials - were transferred to the Russian company JSC "Development of Construction Assets". The latter was registered in Moscow in the fall of 2025. The decree comes into effect from the date of official publication, that is, from January 13, 2026.