Rockwool’s Russian subsidiary has sued its Danish parent company in Russia, demanding 8.6 billion rubles, about 660 million kroner, over a loan from 2020.
DR reports that the Danish insulation group Rockwool has been sued by its own Russian subsidiary, Rockwool LLC, in a Moscow court. The claim was filed Tuesday and appears in the Russian court database, according to DR.
The court documents do not state why the Russian company believes the money is owed. In a written reply to DR, Rockwool’s press chief, Rasmus Windfeld, confirmed the summons and rejected the case outright. He stated that Russia is not a state governed by the rule of law, and that Rockwool will not respect a Russian ruling against it.
Interfax reported that the claim was filed in the Arbitration Court of the Moscow Region and stems from a loan agreement from 2020. According to Interfax, the Russian company sent a pretrial demand in July and went to court after the deadline passed.
Oreanda News reported that the case file shows the application was sent on August 11. Per Oreanda, the principal debt is put at 5 billion rubles, with the remainder consisting of interest and a penalty.
Rockwool’s Russian factories have been under an appointed state administrator since January, and the Danish parent says it has had no influence there since. Control now sits with a company named the Joint Stock Company for the Development of Building Assets. Its director, Timur Amirov, is quoted in a press release from Rockwool LLC, DR reports.
In that release, the Russian side says the loan was never repaid and that it will pursue the funds through civil and, if necessary, criminal proceedings. DR asked the Russian company to present documentation for the loan and received no reply.
Rockwool refuses to repay
Rockwool confirms that the Russian subsidiary provided an intra-group loan, but denies that it must be repaid. Windfeld told DR the loan was made to reduce cash holdings in the Russian business. He said the Russian authorities’ conduct breaches all international rules and culminated when the factories came under external administration in January this year.
According to Windfeld, Rockwool has withdrawn 400 million kroner from Russia over the past four years, part of 500 million kroner donated to Ukraine’s reconstruction. He added that repaying the loan would conflict with international sanctions against Russia, and that Rockwool is pursuing its own legal options in contact with Danish and international authorities.
Reuters reported in January 2026 that Russia had seized Rockwool’s four Russian factories. The company said then that it would defend its legal rights under the investment treaty between Denmark and Russia.
