Sandvik's business areas

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

Sandvik Machining Solutions

A market-leading manufacturer of tools and tooling systems for advanced industrial metal cutting. Products are manufactured in cemented carbide and other hard materials such as diamond, cubic boron nitride and special ceramics. The business area also comprises the areas of additive manufacturing and digital manufacturing.
Revenues: approx. 36 billion SEK (2017)
Number of employees: approx. 18,000 (2017)
Go to Sandvik Coromant's website
Go to the website for additive manfacturing services
Read more about our capabilities within digital manufacturing

Sandvik Mining and Rock Technology

A leading supplier in equipment and tools, service and technical solutions for the mining and construction industries. Application areas include rock drilling, rock cutting, crushing and screening, loading and hauling, tunneling, quarrying and breaking and demolition.
Revenues: approx. 37 billion SEK* (2017)
Number of employees: approx. 15,000* (2017)
Go to the website for mining and rock excavation equipment and tools

Sandvik Materials Technology

A world-leading manufacturer of advanced stainless steels and special alloys for the most demanding industries. The offering covers a large variety of product forms, such as tube, pipe, strip and metal powder as well as products for industrial heating.
Revenues: approx. 14 billion SEK (2017)
Number of employees: approx. 6,500 (2017)
Go to the website for stainless steel and special alloy products

Other operations

Hyperion, delivering advanced wear-resistant tools and components in hard and super-hard materials, has been divested to the US listed investment firm KKR.
Read more about the divestment of Hyperion

Sandvik Process Systems, providing industrial processing systems and steel belts, was divested to FAM AB in 2017.
Read more about the divestment of Sandvik Process Systems

* Excluding Mining Systems