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Rockwool Group says it won’t reconsider Ukraine construction
Journal Staff Report

KIEV, Aug. 14 – Rockwool Group (Denmark) is not intending to review its plans for development in Ukraine because of the financial crisis in the country, the result of which is a decrease in construction volumes, and a fall in housing and construction materials sales, Yaroslav Pidlypchak, the Rockwool Polska marketing specialist, told Interfax Ukraine.

"We foresaw a fall in construction tempos in Ukraine, therefore it won't influence the long-term strategy of the group's development. We see the current fall in market growth tempos as a regular, but short-term event. Over the three previous years, a sharp change in construction tempos was seen. Today, we can see a correction in the market situation," he said.




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