News from the Group

Jan 9, 1997 12:00 AM CEST , Press release

Sandvik Steel has received an order from U.S.-based Westinghouse for steam-generator tubes for a nuclear power plant outside Houston, Texas, USA.

Nov 18, 1996 12:00 AM CEST , Press release

During 1997, Sandvik will begin construction of a new tube mill, Tube Mill 98, for production of seamless, stainless-steel heat-exchanger tubes in Sandviken.

Nov 14, 1996 12:00 AM CEST , Press release

Lars Östholm, Executive Vice President of Sandvik AB, will retire on 31 January 1997.

Jun 18, 1996 12:00 AM CEST , Press release

The Special General Meeting of shareholders in Sandvik AB, held in Sandviken 18 June 1996, resolved to divest the company's holding of shares in Tamrock Oy (Tamrock) to Tampella Ab (Tampella).

May 28, 1996 12:00 AM CEST , Press release

Through its wholly owned subsidiary Sandvik Invest AB, Sweden, has acquired an additional 9 million shares in Oy Tampella Ab.

May 24, 1996 12:00 AM CEST , Press release

Sandvik Invest AB, a wholly owned subsidiary of Sandvik AB, Sandviken, Sweden, has acquired an additional 20,150,173 shares in Oy Tampella Ab, Finland, corresponding to 15.1% of the total number of shares in Tampella.

May 22, 1996 12:00 AM CEST , Press release

During the period 10 April through 20 May 1996, Sandvik Invest AB, a wholly owned subsidiary of Sandvik AB, has acquired an additional 115,785 B shares in Kanthal AB.

May 22, 1996 12:00 AM CEST , Press release

Sandvik has acquired the remaining 50% of the shares in Sandvik Villares Wire Ltda in Brazil from its partner Acos Villares.

May 13, 1996 12:00 AM CEST , Press release

In his address to the shareholders at Sandvik AB's Annual General Meeting on 10 May 1996, Chief Executive Officer Clas Åke Hedström commented on the very successful operations in fiscal year 1995.

Apr 16, 1996 12:00 AM CEST , Press release

Sandvik has held a 25% interest in Tamrock Oy of Finland since 1991.

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