EnergyWatch

Rockwool gains momentum in Russia

Danish insulation major Rockwool is back to full production capacity in Russia.

Photo: PR Rockwool

Times of unstable economy and major losses due to the devaluation of the Russian ruble now seem a thing of the past for Denmark's Rockwool. According to the company's CEO, Jens Birgersson, Rockwool has managed to turn around a negative development in the Russian market, writes Danish business daily Børsen.

"The picture of Russia in Danish media is very negative, but we have a very different impression," says Birgersson, who has been in charge of a turn around process in Rockwool, which has greatly impacted the development in Russia. "The Russian division is run with a British woman as technical director. The rest are Russians and they're doing fantastic," Birgersson tells Børsen.

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