Danish company expects 50% growth in Russia sales for 2001

Issue Number: 
109
Author: 
The Russia Journal
Published: 
2001-04-27


Rockwool International, the Danish building-materials manufacturer, said it expects to achieve 50 percent growth in the Russian market in 2001, accoridng to a report by the Danish News Digest, which cited Jyllands-Posten.

The report said that the increased sales projection is due to the refurbishment of Rockwool's plant in Moscow, which the company bought in 1999.

It also cited Russia's overall economic growth in the past year as key to increased sales.

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