Rockwool shares drop 8% on Russia asset seizure report

Rockwool A/S

13/01/2026 14:55

Jan 13 (Reuters) - Rockwool ROCKb.CO shares fell 8% on Tuesday following a Bloomberg report saying Russia ordered temporary administration over two Russian units of the Danish building materials firm, traders said.

According to the report, Russian President Vladimir Putin signed a decree appointing temporary administration for the units.

Russia accounts for about 7% of Rockwool group revenues, one trader noted.

Rockwool was not immediately available for comment.

(Reporting by Danilo Masoni and Samuel Indyk; Editing by Amanda Cooper)

((Danilo.Masoni@tr.com; Reuters Messaging: danilo.masoni.thomsonreuters.com@reuters.net/))