Rockwool De-Consolidates Russian Factories After Loss of Control

Reuters01-14
Rockwool De-Consolidates Russian Factories After Loss of Control

Rockwool A/S has announced the de-consolidation of its four factories in Russia following a Russian presidential decree that placed its Russian subsidiary under external management, resulting in the company losing control over these assets. As a result, Rockwool will write down the total equity of its Russian businesses, amounting to 469 million euros as of 31 December 2025. The company reported full-year 2025 revenue and EBIT from its Russian business of 261 million euros and 78 million euros, respectively. Further details on the accounting impact are expected to be provided at a later date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rockwool A/S published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001159116-en) on January 13, 2026, and is solely responsible for the information contained therein.

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