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Sandvik Group

Sandvik is a global, high-tech engineering group with approximately 44,000 employees and sales in about 150 countries.

We have a strong focus on enhancing customer productivity, profitability and sustainability through our unique expertise and solutions for the manufacturing, mining and infrastructure industries. Our offering covers their value chains and is based on extensive investments in research and development (R&D), customer insights and a deep knowledge of industrial processes and digital solutions. We have world-leading positions in the following areas:

  • Equipment and tools, service, digital solutions and sustainability-driving technologies for the mining and infrastructure industries, such as automated and electric mining equipment and eco-efficient rock processing
  • Metal-cutting tools, tooling systems and digital solutions driving higher efficiency and automation in component manufacturing, as well as in-line metrology technologies, additive manufacturing services and metal powder

Business areas

The Sandvik Group conducts operations in three 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 on the website for Sandvik Group

Key facts about Sandvik

Revenues
127 billion SEK (approx.)*
Number of employees
41,000 (approx.)*
Chairman of the Board
Johan Molin
President and CEO
Stefan Widing
Investments in R&D
4.6 billion SEK (approx.)*
Number of active patents
6,900 (approx.)*
Headquarters
Stockholm, Sweden
Founded year
1862

*Figures refer to 2023, continuing operations