Jump to content

You are now visiting the Sandvik Group website in English. Would you like to switch to another language site with selected content translated?

Sandvik sells carbon steel unit in Czech Republic

Sandvik Chomutov Precision Tubes s.r.o. in the Czech Republic has reached an agreement in principle with the German company Mannesmann Hoesch Präzisrohr GmbH (MHP) for the sale of the carbon steel division at Sandvik Chomutov with 130 employees and annual sales of approximately SEK 70 M.

Sandvik Chomutov is a wholly-owned subsidiary within Sandvik Steel and was established in April 1994. The company manufactures and sells mainly seamless tubes in stainless steel, and until now, in carbon steel as well.

"For Sandvik, the sale of the carbon steel division means that manufacturing in Chomutov will concentrate entirely on seamless, stainless steel tubes. The production of carbon steel products lies outside Sandvik Steel's core business area and no synergy effects can be obtained with other companies in the Group," says Per Ericson, President of Sandvik Steel.

MHP, which is specialized in the production of carbon steel precision tubes, wants to expand its operations in eastern Europe and will establish a new company, MHP Mannesmann Presne trubky s.r.o., in Chomutov.

Sandviken, 1 September 1997

AB Sandvik Steel

Sandvik Steel, a business area in the Sandvik Group, is one of the world's leading manufacturers of seamless tube, strip, wire and bar produced in stainless and high-alloy steels and special alloys. Invoiced sales in 1996 were SEK 9 billion, with 7,700 employees, of whom about 4,000 in Sandviken, Sweden.

We would like your consent

Sandvik and our vendors use cookies (and similar technologies) to collect and process personal data (such as device identifiers, IP addresses, and website interactions) for essential site functions, analyzing site performance, personalizing content, and delivering targeted ads. Some cookies are necessary and can’t be turned off, while others are used only if you consent. The consent-based cookies help us support Sandvik and individualize your website experience. You may accept or reject all such cookies by clicking the appropriate button below. You can also consent to cookies based on their purposes via the manage cookies link below. Visit our cookie privacy policy for more details on how we use cookies.