News from the Group

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.

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.

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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