Rockwool Under Investigation by Danish Authorities for Russia-Related Business
Danish multinational mineral wool product manufacturer Rockwool International confirmed a Global Investigations Review report that the Danish Business Authority is investigating the company for its Russia-related business activities. Rockwool said the agency had requested "general information, for example, regarding ownership structures as well as regarding potential sanctioned sales and sales involving the Russian military."
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
The company said stone wool is not a sanctioned material and cannot be considered a dual-use item. "ROCKWOOL has completely stopped any import or export of stone wool products to or from Russia, in full compliance with all applicable sanctions," the company said.