Ukraine: The National Agency on Corruption Prevention (NACP) has added Denmark-based Rockwool to its list of “international sponsors of war” due to the company’s continued business in Russia. The government agency alleges that Rockwool has continued to supply its construction material products to various state institutions in Russia, including the Ministry of Defence, following the start of the Russia-Ukraine war in early 2022. The NACP highlighted that Rockwool operates four subsidiaries in Russia and it suggested that deliveries under state contracts were made via intermediaries in 2023.
In February 2023, The Danish Business Authority announced an investigation into Rockwool's alleged supply of its products to the Russian military, in breach of existing sanctions, between 2015 and 2020. In April 2023 Rockwool chair Thomas Kähler told the company’s annual general meeting that continuing to do business in Russia was the group’s ‘least bad option.’
