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.

Latest

Feb 01, 2023, 09:39 ET Sandvik acquires PMT Premier Machine Tools Limited

Sandvik has acquired 95% of the shares in the Irish based company PMT Premier Machine Tools Limited ("PMT"), a well-established solutions provider to ...

Feb 01, 2023, 03:26 ET Sandvik completes the acquisition of advanced mine optimization software provider Polymathian Industrial Mathematics

Sandvik has completed the previously announced acquisition of Polymathian Industrial Mathematics ("Polymathian"), an Australia-based provider of...

Jan 31, 2023, 09:24 ET Save the date - Sandvik Capital Markets Day November 28, 2023

The Capital Markets Day on November 28, 2023 will be held in Tampere, Finland, at one of Sandvik Mining and Rock Solutions' largest sites. The event...

Jan 26, 2023, 04:53 ET Sandvik AB - Nomination Committee's proposal for Board of Directors for the 2023 Annual General Meeting

The Nomination Committee of Sandvik AB proposes the re-election of the Board members Jennifer Allerton, Claes Boustedt, Marika Fredriksson, Johan...

Jan 20, 2023, 10:11 ET Sandvik wins SEK 135 million mining equipment order in Canada

Sandvik has received a mining equipment order from the Canadian gold mining company New Gold. The order, valued at SEK 135 million, is partly for...

Jan 20, 2023, 02:20 ET Sandvik Interim report fourth quarter 2022

Fourth quarter 2022 REVENUE GROWTH OF 11% AND RECORD PROFIT QUARTER Continuing operations Order intake SEK 30,751 million (26,772) Order intake...

Jan 18, 2023, 07:19 ET Sandvik signs EUR 500 million loan agreement with the European Investment Bank

Sandvik has signed a EUR 500 million loan agreement with the European Investment Bank (EIB). The loan will support Sandvik's investments in research...

Jan 04, 2023, 05:14 ET Invitation - presentation of Sandvik's report of the fourth quarter 2022

Sandvik will publish its fourth quarter results on Friday, January 20, 2023 at approximately 08:00 AM CET. A combined webcast and conference call for ...

Nov 24, 2022, 07:27 ET Sandvik wins large mining equipment order in Democratic Republic of the Congo

Sandvik has received a large mining equipment order from the Chinese global mining services provider JCHX Mining Management Co., Ltd., to be used in...

Nov 14, 2022, 03:35 ET Sandvik to acquire advanced mine optimization software provider Polymathian Industrial Mathematics

Sandvik has signed an agreement to acquire Polymathian Industrial Mathematics ("Polymathian"), an Australia-based provider of advanced mine...

Nov 01, 2022, 03:15 ET Sandvik completes the acquisition of the mining part of Schenck Process Group

Sandvik has completed the previously announced acquisition of the mining related business of Schenck Process Group (SP Mining). SP Mining is one of...

Oct 17, 2022, 05:48 ET Sandvik: Interim report third quarter 2022

Third quarter 2022 SOLID BUSINESS PERFORMANCE AND STRATEGY EXECUTION Continuing operations Order intake SEK 29,231 million (22,870) Order intake...

Oct 03, 2022, 04:19 ET Invitation - presentation of Sandvik's report of the third quarter 2022

Sandvik will publish its third quarter results on Monday, October 17, 2022 at approximately 11:30 AM CEST. A combined webcast and conference call for ...

Sep 29, 2022, 09:33 ET Sandvik announces non-recurring charges for the third quarter

Sandvik will record non-recurring charges related to the distribution of Alleima (former business area Sandvik Materials Technology) and the...

Sep 26, 2022, 10:21 ET Sandvik appoints new President of business area Sandvik Mining and Rock Solutions

Sandvik has appointed Mats Eriksson as President of business area Sandvik Mining and Rock Solutions (SMR) and new member of the Sandvik Group...

Sep 20, 2022, 11:57 ET Sandvik raises EUR 500 million in the corporate bond market

Sandvik has today raised EUR 500 million in the corporate bond market under its Euro Medium Term Note (EMTN) program. The re-offer yield for the bond ...

Sep 16, 2022, 05:15 ET Sandvik AB - Nomination Committee for the 2023 Annual General Meeting

In 2020 Sandvik AB's Annual General Meeting adopted an instruction regarding the appointment of the Nomination Committee, applicable until the...

Sep 02, 2022, 03:12 ET Sandvik completes the acquisition of PCD tools manufacturer

Sandvik has completed the previously announced acquisition of the Portugal-based company Frezite. Frezite's offering primarily consists of...

Aug 31, 2022, 03:37 ET Alleima trading on Nasdaq Stockholm commences today

The shares of Alleima, a global manufacturer of advanced stainless steels, special alloys and heating systems for the most demanding industries,...

Aug 23, 2022, 02:17 ET Alleima hosts its first Capital Markets Day

Alleima, formerly Sandvik Materials Technology, which is expected to be listed on Nasdaq Stockholm, today hosts its first Capital Markets Day, in...

Aug 08, 2022, 09:13 ET Sandvik has acquired precision tools manufacturer Sphinx Tools

Sandvik has signed and completed an agreement to acquire 100% of the equity interests in the Switzerland-based Sphinx Tools Ltd and its wholly owned...

Aug 04, 2022, 02:44 ET Record date for dividend and prospectus for listing of Alleima AB: Sandvik

The 2022 Annual General Meeting of Sandvik AB decided to distribute all shares of Sandvik's subsidiary Alleima AB to the shareholders of Sandvik and...

Aug 02, 2022, 11:10 ET Sandvik acquires US based tap manufacturer Balax

Sandvik has completed the acquisition of the assets of US based company Balax, Inc. ("Balax"), a leading supplier of carbide and HSS cut taps and...

Jul 25, 2022, 06:08 ET Sandvik wins record SEK 330 million order for battery-electric mining equipment

Sandvik has been awarded an order to supply a fleet of battery-electric trucks, loaders, drills and on-site service support for Foran Mining's...

Jul 15, 2022, 10:28 ET Sandvik completes the acquisition of US based custom tooling manufacturer Peterson Tool Company

Sandvik has completed the previously announced acquisition of the assets of US based company Peterson Tool Company, Inc., ("PTC") a leading supplier...