Russia: Rockwool division manager Henrik Frank Nielsen expects the Russian market to grow eventually despite a poor market for insulation materials at present, a troubled local economy and looming international political risks. He told Danish newspaper Børsen that Russia is still both a healthy and profitable market but that it is difficult to make long-term plans in the country. The Russian market for insulation materials for the construction sector decreased by 15% in 2015 and Nielsen expects an equally high decrease for 2016.
