Saint-Gobain Continues to Grow in Russia
PARIS, September 20, 2012
PARIS, September 20, 2012 /PRNewswire/ --
Saint-Gobain is continuing to grow its Insulation Activity in Russia with the
acquisition of 25.1% of ZAO ISOROC.
Located in Tambov, ISOROC is leader in the Central region for stone wool
products, the most commonly used insulation material in the CIS. The Company
reported revenues of €46 million in 2011.
Through this partnership ISOVER is strengthening its position in the
insulation market in Russia and extending its product range.
This transaction is in line with the Saint-Gobain Group's expansion strategy
in fast-growing high-potential regions and in energy efficiency markets.
Saint-Gobain, the world leader in the habitat and construction markets,
designs, manufactures and distributes building materials, providing innovative
solutions to the challenges of growth, energy efficiency and environmental
protection. With 2011 sales of €42.12 billion, Saint-Gobain operates in 64
countries and has nearly 195,000 employees. For more information about
Saint-Gobain, please visithttp://www.saint-gobain.com.
Susanne TRABITZSCH +33-1-47-62-43-25
Florence TRIOU-TEIXEIRA +33-1-47-62-45-19
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