Press releases & subscriptions

Sandvik has completed the previously announced acquisition of the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT).

Sandvik Machining Solutions divests its 10% minority ownership in Gesac, a Chinese joint venture originally formed in 2005 to secure the supply of tungsten.

Sandvik AB held its Annual General Meeting on 28 April 2020 in Sandviken, Sweden.

View CEO's presentation in Swedish with English subtitles

See the entire report (PDF document, 2.9 MB)

The Board of Directors of Sandvik has decided to withdraw the previous dividend proposal and instead propose that the Annual General Meeting on 28 April resolve that no dividend will be paid.

The shareholders in Sandvik Aktiebolag are convened to the Annual General Meeting to be held on Tuesday, 28 April 2020 at 3:00 p.m. at the Göransson Arena, Sätragatan 21, Sandviken, Sweden. Registration will begin at 2:00 p.m.

Sandvik Materials Technology has received large orders for advanced tubes for the energy segment.

The Sandvik AB Annual Report 2019 is from today available at our website www.annualreport.sandvik.

Sandvik has completed the previously announced divestment of Sandvik Drilling and Completions (Varel), meaning the operations relating to the oil and gas industry to the private equity firm Blue Water Energy and its co-investor, the privately owned Nixon Energy Investments.