News from the Group

Feb 20, 2001 12:00 AM CET , Press release

Sandvik's Mining and Construction business area has decided to close its unit for the manufacturing of down-the-hole drilling tools in Mexico, with about 60 employees, and transfer the operations to Sandvik Tamrock Tools' rock-drilling plant in Sandviken, Sweden, which already produces similar tools.

Feb 12, 2001 12:00 AM CET , Press release

Sandvik Steel has decided to initiate negotiations regarding a restructuring of spring wire production to enhance the efficiency of operations and increase profitability.

Jan 26, 2001 12:00 AM CET , Press release

Björn Jonson, Vice President Group Staff Information (KI) at Sandvik, has requested reduced working hours as of 1 February 2001.

Jan 17, 2001 12:00 AM CET , Press release

The Sandvik Group is one of five part-owners in Endorsia.com International AB, an e-business marketplace for industrial goods and services in Europe.

Jan 15, 2001 12:00 AM CET , Press release

Sandvik Coromant has placed a new distribution center in operation in Singapore.

Jan 9, 2001 12:00 AM CET , Press release

Sandvik Steel today announced plans to discontinue production of seamless stainless steel tube at its Sterling Tubes subsidiary in the UK and transfer production to its main plant in Sandviken, Sweden, and to other units within the Sandvik Group.

Dec 15, 2000 12:00 AM CET , Press release

Sandvik's Mining and Construction business area is closing its plant in Viriat, France at year-end 2000.

Dec 6, 2000 12:00 AM CET , Press release

A new plant for the production of solid-carbide tools has been placed in operation in Gimo, Sweden by Sandvik Coromant.

Nov 28, 2000 12:00 AM CET , Press release

Sandvik Steel today signed an agreement covering the sales of the subsidiary Guldsmedshytte Bruks AB to the Norwegian Windcast Group A/S.

Nov 8, 2000 12:00 AM CET , Press release

Sandvik Mining and Construction's Roxon business sector has acquired Beltreco Limited, the leading Australian service company in the area of materials handling for the mining industry.

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