News archive

Sandvik acquires privately-owned Newtrax, a supplier of leading technology in wireless connectivity to monitor and provide insights on underground operations, including people, machines and the environment.

Klas Forsström, President of the business area Sandvik Machining Solutions, has decided to leave Sandvik to take on the position as President and CEO of Munters Group AB.

Sandvik has completed the previously announced acquisition of OSK, a Chinese supplier of solid carbide round tools. OSK will be part of the Seco division in Sandvik Machining Solutions.

Sandvik will publish its first quarter results on Thursday, 18 April 2019 at approximately 11.00 CEST.

The Sandvik AB Annual Report 2018 is from today available at our website www.annualreport.sandvik.

Sandvik has appointed Henrik Ager, currently President for the Rock Tools division in Sandvik, as President of the business area Sandvik Mining and Rock Technology and member of the Sandvik Group Executive Management as of 1 April 2019.

On May 21-22, 2019, Sandvik will arrange its Capital Markets Day in Tampere, Finland, at the production facility and test mine of Sandvik Mining and Rock Technology.

Standard & Poor's Global Ratings has upgraded Sandvik´s credit rating to A- from BBB+, with a stable outlook.

The Nomination Committee of Sandvik AB proposes the re-election of the Board members Jennifer Allerton, Claes Boustedt, Marika Fredriksson, Johan Karlström, Johan Molin, Björn Rosengren, Helena Stjernholm and Lars Westerberg. Johan Molin is proposed to be re-elected Chairman of the Board.

Sandvik has completed the previously announced acquisition of Artisan Vehicle Systems, a US-based supplier of battery electric vehicle solutions for underground mining.