Sandvik at a glance

Sandvik is a global, high-tech engineering group with approximately 44,000 employees and sales in about 150 countries. We have a strong focus on enhancing customer productivity, profitability and sustainability through our unique expertise and solutions for the manufacturing, mining and infrastructure industries.

Our offering covers their value chains and is based on extensive investments in research and development (R&D), customer insights and a deep knowledge of industrial processes and digital solutions.

We have world-leading positions in the following areas:

  • Tools and tooling systems for advanced metal cutting, expanding into digital manufacturing and software solutions, as well as disruptive technologies like additive manufacturing and in-line metrology

  • Equipment and tools, service, digital solutions and sustainability-driving technologies for the mining and infrastructure industries, such as automated and electric mining equipment and eco-efficient rock processing

  • Advanced stainless steels and special alloys as well as products for industrial heating

Organization

The Sandvik Group conducts operations in four business areas with responsibility for research and development (R&D), production and sales of their respective products and services. Read more about Sandvik's business areas



Revenues by customer segment

  • Mining 41
  • Engineering 23
  • Infrastructure 9
  • Automotive 8
  • Energy 8
  • Aerospace 4
  • Other 7

Revenues by region

  • Europe 34
  • North America 22
  • Asia 20
  • Africa/Middle East 10
  • Australia 9
  • South America 5

Employees by region

  • Europe 58
  • Asia 17
  • North America 12
  • Africa/Middle East 6
  • South America 5
  • Australia 2

Key facts about Sandvik*
Revenues 99 billion SEK (approx.)
Number of employees 44,000 (approx.)
Chairman of the Board Johan Molin
President and CEO Stefan Widing
Investments in R&D 3.7 billion SEK (approx.)
Number of active patents 6,400 (approx.)
Headquarters Stockholm, Sweden
Founded year 1862

*Figures refer to 2021