Sandvik at a glance

Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries.

In 2021, the group had approximately 39,000 employees, sales in more than 150 countries and revenues of about SEK 86 billion within continuing operations.

Our offering covers the entire customer value chain and are based on extensive investments in research and development, customer insights and deep knowledge of industrial processes and digital solutions.

We have world-leading positions in the following areas:

  • 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
  • Metal-cutting tools, tooling systems and digital solutions driving higher efficiency and automation in component manufacturing, as well as industrial metrology technologies, additive manufacturing services and metal powder

Organization

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


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Revenues by customer segment

  • Mining 47
  • General engineering 21
  • Infrastructure 10
  • Automotive 8
  • Aerospace 4
  • Energy 3
  • Other 7

Revenues by region

  • Europe 31
  • North America 21
  • Asia 20
  • Africa/Middle East 11
  • Australia 11
  • South America 6

Employees by region

  • Europe 55
  • Asia 18
  • North America 12
  • Africa/Middle East 6
  • South America 6
  • Australia 3

Key facts about Sandvik*
Revenues 86 billion SEK (approx.)
Number of employees 39,000 (approx.)
Chairman of the Board Johan Molin
President and CEO Stefan Widing
Investments in R&D 3.4 billion SEK (approx.)
Number of active patents 5,500 (approx.)
Headquarters Stockholm, Sweden
Founded year 1862

*Figures refer to 2021, continuing operations