News from the Group

Sandvik establishes its corporate Pension Fund in Sweden

Aug 22, 2001 12:00 AM CET , Press release

In August, following a decision by the Board of Directors, Sandvik established a corporate Pension Fund to meet its pension commitments to salaried employees in Sweden in accordance with the ITP supplementary pension plan.

Sandvik receives part of pension surplus

Oct 26, 1999 12:00 AM CET , Press release

The SPP (Swedish Staff Pension) insurance company today announced that, based on certain specified conditions, an amount of about SEK 500 M has been reserved on account for the Sandvik Group for pension applications.

Sandvik motions for a legal review of the judgements on leasing of aircraft

Oct 22, 1998 12:00 AM CET , Press release

As has previously been announced, the Swedish Supreme Administrative Court 24 June 1998 disallowed depreciation deductions in connection with aircraft leasing.

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