Sandvik receives SEK 1 billion order for tunneling equipment in the EMEA region

Sandvik Mining and Rock Solutions has been awarded a contract in the EMEA region valued at around SEK 1 billion for the supply of tunnelling equipment, roadheaders and underground drill rigs. The order has been booked in the fourth quarter 2021 and delivery of the equipment is scheduled from the fourth quarter 2022 until the first quarter 2024.

Stockholm, December 29, 2021

For further information contact:

Louise Tjeder
VP Investor relations
Tel: +46 (0) 70782 6374

or

Johannes Hellström
Press and Media Relations Manager
Tel: +46 (0) 70721 1008

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Sandvik Group
Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining industry and rock excavation within the construction industry; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2020 the Group had approximately 37,000 employees and revenues of about 86 billion SEK in more than 160 countries within continuing operations.

Sandvik Mining and Rock Solutions
Sandvik Mining and Rock Solutions is a business area within the Sandvik Group and a global leading supplier of equipment and tools, parts, service and digital solutions and sustainability-driving technologies for the mining and construction industries. Application areas include rock drilling, rock cutting, loading and hauling, tunneling and quarrying. In 2020, sales were approximately 33.6 billion SEK with about 12,500 employees within continuing operations.