Russia: Danish insulation materials producer Rockwool is planning to invest around Euro121m in a new plant near Moscow in Russia. Nick Vince, Rockwool's top executive for Russia, says that the company has reached a limit for what it is worthwhile to invest in the existing factory in Moscow, according to Esmerk Danish News.
The need to invest in a new facility is attributed to the growing number of orders received by Rockwool in Russia amid a building boom and a political pressure to make Russia more energy-efficient.
