News from the Group

The Sandvik AB Annual Report 2022 is from today available at our website: https://www.annualreport.sandvik/en/2022

Sandvik announces two changes to the Group Executive Management

Sandvik has been selected to supply a fleet of 19 battery-electric vehicles (BEVs) for use at Rana Gruber’s iron ore mine operations in Storforshei in northern Norway.

Christophe Sut, President of Business Area segment Sandvik Manufacturing Solutions, has decided to leave Sandvik for a CEO position in a different company.

Sandvik has acquired 95% of the shares in the Irish based company PMT Premier Machine Tools Limited (“PMT”), a well-established solutions provider to medical customers in Ireland, with full coverage of machines, tools and services.

Sandvik has completed the previously announced acquisition of Polymathian Industrial Mathematics (“Polymathian”), an Australia-based provider of advanced mine optimization software and services.

The Capital Markets Day on November 28, 2023 will be held in Tampere, Finland, at one of Sandvik Mining and Rock Solutions‘ largest sites.

The Nomination Committee of Sandvik AB proposes the re-election of the Board members Jennifer Allerton, Claes Boustedt, Marika Fredriksson, Johan Molin, Andreas Nordbrandt, Helena Stjernholm, Stefan Widing and Kai Wärn. Johan Molin is proposed to be re-elected Chairman of the Board.

Sandvik has received a mining equipment order from the Canadian gold mining company New Gold. The order, valued at SEK 135 million, is partly for battery-electric vehicles (BEVs).

See the entire report (PDF document, 1.9 MB)