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Sandvik at a glance

A woman in work clothes putting together machine cables in an industrial environment.

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

Our offerings cover 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

In 2023, the group had approximately 41,000 employees, sales in about 170 countries and revenues of about SEK 127 billion within continuing operations.

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.

Business areas

AutoMine® concept underground drill in an underground mine

Sandvik Mining and Rock Solutions

Sandvik Mining and Rock Solutions
A woman in work clothes and helmet standing in front of a screening station at a quarry

Sandvik Rock Processing Solutions

Sandvik Rock Processing Solutions
A man in work clothes standing next to a row of monitors and an industrial environment

Sandvik Manufacturing and Machining Solutions

Sandvik Manufacturing and Machining Solutions

Key facts about Sandvik

Revenues
127 billion SEK (approx.)*
Number of employees
41,000 (approx.)*
Chairman of the Board
Johan Molin
President and CEO
Stefan Widing
Investments in R&D
4.6 billion SEK (approx.)*
Number of active patents
6,900 (approx.)*
Headquarters
Stockholm, Sweden
Founded year
1862

*Figures refer to 2023, continuing operations