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 2022, the group had approximately 40,000 employees, sales in about 150 countries and revenues of about SEK 112 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


Organization chart showing three business areas and the Group functions


Revenues by customer segment

  • Mining 48
  • General engineering 22
  • Infrastructure 11
  • Automotive 7
  • Aerospace 3
  • Energy 2
  • Other 7

Revenues by region

  • Europe 27
  • North America 25
  • Asia 19
  • Africa/Middle East 12
  • Australia 12
  • South America 7

Key facts about Sandvik*
Revenues 112 billion SEK (approx.)
Number of employees 40,000 (approx.)
Chairman of the Board Johan Molin
President and CEO Stefan Widing
Investments in R&D 4.2 billion SEK (approx.)
Number of active patents 7,100 (approx.)
Headquarters Stockholm, Sweden
Founded year 1862

*Figures refer to 2022, continuing operations