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German materials supplier Knauf fails to sell Russian division

NAMPA / DPA
2025-10-07
Nuremberg, Germany (dpa) - German building materials manufacturer Knauf on Tuesday said it has failed to sell its Russian division. A year of intensive talks with a prospective buyer has not resulted in an agreement, said the company, which specializes in gypsum products. Knauf employs around 4,500 people in Russia, more than 10% of its global workforce. The multinational has rejected accusations that it has circumvented EU sanctions on Moscow.......
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Economy

Major European markets flat as political concerns, weak data weigh
2025-10-07 20:00:25
Starmer: UK 'in discussions' with EU over its steel tariff plans
2025-10-07 19:30:37
Mattel and Museum Of Modern Art announce 5-year global partnership
2025-10-07 19:00:40
BMW sales up on the year in Q3 but still lag 2023 figures
2025-10-07 18:01:58
BMW sales up on the year in Q3 but still lag 2023 figures
2025-10-07 18:01:58
German materials supplier Knauf fails to sell Russian division
2025-10-07 17:31:29
World Bank raises China's growth projections, lowers India's outlook
2025-10-07 16:04:45
World Bank raises China's growth projections, lowers India's outlook
2025-10-07 16:04:45
UK mobile wallet use among adults hits 57% as cash use declines
2025-10-07 15:31:44
Iceland's trade deficit widens in September
2025-10-07 15:31:44
Germany's Mercedes-Benz sees sales plunge 12% in third quarter
2025-10-07 15:00:48

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