Russian Seizure Eats Up Almost All of Rockwool's Profit
Rockwool's financial report shows a marginal revenue increase for 2025 but a nearly 95% drop in profit due to significant impairments linked to lost control over assets.
Buzzi, the Shadow of Moscow After the Rockwool Case
The recent seizure of Rockwool's Russian assets has reignited concerns among investors about Western companies operating in Russia, particularly affecting Buzzi's stock, which fell significantly.
Putin seizes factories from two Western companies
Assets in Russia belonging to Rockwool and CanPack have been transferred to local firms by decree of President Putin.
Russia takes control of 4 factories of the rock wool insulation manufacturer Rockwool
Moscow has taken control of four Rockwool insulation factories in Russia, with the Danish company stating it no longer controls its assets in the country and expressing pessimism about reversing this decision.