News from sandvik A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle.

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Oct 31, 2019, 10:11 ET Stefan Widing Assumes the Position as CEO of Sandvik as of 1 February 2020

As previously announced, Stefan Widing is appointed new President and CEO of Sandvik. He will assume the position as of 1 February 2020, succeeding...


Oct 30, 2019, 09:20 ET New Sandvik Coromant Center to Open in the Heartland of Manufacturing Innovation and Technology

Sean Holt, head of Sales Area Americas for Sandvik Coromant, announced a new Sandvik Coromant Center will open in Mebane, NC, a geography heavy with...


Oct 28, 2019, 11:27 ET Sandvik has Signed an Agreement to Divest the Majority of Sandvik Drilling and Completions

Sandvik has signed an agreement to divest the majority of Drilling and Completions (Varel), meaning the operations relating to the oil and gas...


Oct 25, 2019, 03:53 ET Stefan Widing Appointed New President and CEO of Sandvik

Sandvik's Board of Directors has appointed Stefan Widing as new President and CEO for Sandvik with effect no later than April 2020. Stefan Widing...


Oct 18, 2019, 05:47 ET Sandvik: Interim Report Third Quarter 2019

Third quarter 2019 Continuing operations Order intake 24,992 million SEK Revenues 25,163 million SEK Operating profit 2,996 million SEK Operating...


Oct 01, 2019, 07:15 ET Invitation - Presentation of Sandvik's Report of the Third Quarter 2019

Sandvik will publish its third quarter results on Friday, 18 October 2019 at approximately 11.30 CEST. A combined webcast and conference call for...


Sep 13, 2019, 05:10 ET Sandvik Receives Major Tubular Order for the Energy Industry

Sandvik Materials Technology has received a large order for advanced tubes for the oil and gas industry; OCTG tubes. The order was booked in the...


Sep 12, 2019, 04:12 ET Sandvik AB - Nomination Committee for the 2020 Annual General Meeting

In 2012 Sandvik AB's Annual General Meeting adopted an instruction regarding the appointment of the Nomination Committee, applicable until the...


Aug 11, 2019, 22:49 ET Björn Rosengren, President and CEO, to Leave Sandvik

Björn Rosengren, President and CEO of Sandvik, has informed the Chairman of the Sandvik Board that he intends to resign and leave the company as of 1 ...


Jul 17, 2019, 05:49 ET Sandvik: Interim Report Second Quarter 2019

Second quarter 2019 Continuing operations Order intake 26,031 million SEK Revenues 26,467 million SEK Operating profit 5,078 million SEK Operating...


Jul 12, 2019, 07:40 ET Sandvik Acquires Stake in Leading Additive Manufacturing Service Provider

Sandvik has acquired a 30% stake in privately owned Italian company Beam IT, a leading provider of metal Additive Manufacturing (AM) services and...


Jun 27, 2019, 08:26 ET Invitation - Presentation of Sandvik's Report of the Second Quarter 2019

Sandvik will publish its second quarter results on Wednesday, 17 July 2019 at approximately 11.30 CEST. A combined webcast and conference call for...


Jun 27, 2019, 07:06 ET Sandvik Utilizes Strong Balance Sheet for Debt Reduction

During the second quarter, Sandvik has utilized its strong cash position for redemption of US private placement notes and a bilateral loan, to the...


Jun 17, 2019, 03:11 ET Sandvik Completes the Acquisition of Newtrax

Sandvik has completed the previously announced acquisition of Newtrax, a supplier of technology in wireless connectivity to monitor and provide...


May 23, 2019, 02:15 ET Sandvik Creates First 3D Printed Diamond Composite

Sandvik Additive Manufacturing has created the first ever 3D printed diamond composite. While this diamond does not sparkle, it is perfect for a wide ...


May 21, 2019, 23:48 ET Sandvik Capital Markets Day With New Financial and Sustainability Targets

Today, at the Capital Markets Day in Tampere, Finland, Björn Rosengren, President and CEO of Sandvik andTomas Eliasson, Executive Vice President and...


May 06, 2019, 07:17 ET Sandvik Initiates an Internal Separation of Sandvik Materials Technology

Sandvik Board of Directors has decided to initiate an internal separation of the business area Sandvik Materials Technology. The intention is to...


May 02, 2019, 10:26 ET Sandvik's Smash-proof, All-metal, 3D Printed Guitar Auctioned for Charity

From manufacturing engineers and 3D printing specialists, to hardcore metal fans and those who were enticed by the premise of destruction, millions...


Apr 29, 2019, 11:49 ET Sandvik's Annual General Meeting 2019

Sandvik AB held its Annual General Meeting on 29 April 2019 in Sandviken, Sweden. Sandvik's President and CEO Björn Rosengren covered the operations...


Apr 25, 2019, 08:16 ET Lars Bergström Appointed Acting President of Sandvik Machining Solutions

Lars Bergström, currently Senior Strategy Advisor and Vice President Sandvik Machining Solutions, has been appointed Acting President of Sandvik...


Apr 18, 2019, 05:25 ET Sandvik: Interim Report First Quarter 2019

irst quarter 2019 Continuing operations Order intake 27,873 million SEK Revenues 25,025 million SEK Operating profit 4,567 million SEK Operating...


Apr 17, 2019, 09:11 ET Sandvik Acquires Digital Mining Technology Company Newtrax

Sandvik acquires privately-owned Newtrax, a supplier of leading technology in wireless connectivity to monitor and provide insights on underground...


Apr 11, 2019, 07:12 ET Klas Forsström, President of Sandvik Machining Solutions, to Leave Sandvik

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


Apr 10, 2019, 02:59 ET Sandvik has Completed the Acquisition of OSK

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


Apr 09, 2019, 03:30 ET Sandvik Created a Smash-proof, 3D Printed Guitar, Then Challenged Rock Legend Yngwie Malmsteen to Smash it

Rock stars have been smashing guitars for decades, few with more enthusiasm than Swedish-born guitar virtuoso Yngwie Malmsteen. Global engineering...