Sandvik Group

Sandvik is a global engineering group with around 40,000 employees with a strong commitment to enhancing customer productivity, profitability, and safety.

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

  • Tools and tooling systems for metal cutting as well as components in cemented carbide and other hard materials
  • Equipment and tools for the mining and construction industries as well as various types of processing systems
  • Products in advanced stainless steels, special alloys, and titanium as well as metallic and ceramic resistance materials

Business areas

Sandvik's operations are organized into three business areas responsible for R&D, production, and sales of their respective products and services.
Read more about Sandvik's business areas on the Sandvik Group website

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)