Sandvik at a glance

Sandvik is a high-tech and global engineering Group with about 37,000 employees with a strong commitment to enhancing customer productivity, profitability and sustainability.

Our operations are based on unique expertise in materials technology, extensive knowledge about industrial processes and close customer cooperation. This combination, coupled with continuous investments in research and development (R&D), has enabled us to achieve world-leading positions in the following areas:

  • Tools and tooling systems for industrial metal cutting
  • Equipment and tools, service and technical solutions for the mining and construction industries
  • Advanced stainless steels and special alloys as well as products for industrial heating

Business areas

The Sandvik Group conducts operations in four business areas with responsibility for research and development (R&D), production and sales of their respective products and services. Read more about Sandvik's business areas

Revenues by customer segment

  • Mining 40
  • Engineering 23
  • Automotive 11
  • Energy 10
  • Construction 8
  • Aerospace 5
  • Other 3

Revenues by region

  • Europe 35
  • North America 22
  • Asia 20
  • Africa/Middle East 9
  • Australia 9
  • South America 5

Employees by region

  • Europe 60
  • Asia 15
  • North America 12
  • Africa/Middle East 5
  • South America 5
  • Australia 3

Key facts about Sandvik*
Revenues 86 billion SEK (approx.)
Number of employees 37,000 (approx.)
Chairman of the Board Johan Molin
President and CEO Stefan Widing
Investments in R&D 3.4 billion SEK (approx.)
Number of active patents 6,000 (approx.)
Headquarters Stockholm, Sweden
Founded year 1862

* Figures refer to 2020 (continuing operations)

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