News from the Group

Mar 24, 2000 12:00 AM CEST , Press release

The Sandvik Group, through its Sandvik Mining and Construction business area, has signed an agreement covering the acquisition of the drilling rig manufacturing operations within the Austrian companies Böhler Pneumatic International GmbH and Böhler Pneumatic International GmbH&Co KG (combined, referred to as BPI), members of the Austrian Neuson Group.

Mar 24, 2000 12:00 AM CEST , Press release

Ola Rollén, President of Sandvik Steel, will be leaving the Sandvik Group.

Feb 14, 2000 12:00 AM CEST , Press release

As part of the increased focusing on the core operations and to create conditions for additional synergies within Sandvik, the current Group Executive Management is being supplemented as of 1 May 2000 with the presidents of the three business areas Sandvik Tooling, Sandvik Mining and Construction and Sandvik Specialty Steels.

Dec 16, 1999 12:00 AM CEST , Press release
Dec 6, 1999 12:00 AM CEST , Press release

Sandvik Steel has received two large orders for advanced steam-generator tubes, with a total value of approximately SEK 200 M.

Oct 26, 1999 12:00 AM CEST , 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 20, 1999 12:00 AM CEST , Press release

Ola Rollén has been appointed President of Sandvik Steel succeeding Per Ericson who is leaving the Sandvik Group.

Sep 30, 1999 12:00 AM CEST , Press release

Sandvik's sale of its Sandvik Saws and Tools business area to the American company Snap-on Incorporated was completed today.

May 5, 1999 12:00 AM CEST , Press release

Sandvik Steel in Sandviken, Sweden has announced that it is to invest SEK 140 M in a new cold rolling mill and annealing equipment.

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