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Sandvik

Sandvik
Company nameSandvik AB
Company typePublicly traded Aktiebolag (OMX - SSE4928SAND)
IndustryEngineering
Founded1862
HeadquartersSandviken, Sweden
Key peopleAnders Nyrén (Chairman), Olof Faxander (President and CEO)
ProductsTools for metal cutting, mining and construction tools, stainless steel and special alloy products
RevenueSEK 82.65 billion (2010)
Operating incomeSEK 11.03 billion (2010)
Net incomeSEK 6.634 billion (2010)
Total assetsSEK 90.00 billion (end 2010)
Total equitySEK 33.81 billion (end 2010)
Employees47,060 (2010)

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Sandvik is a Swedish company founded in 1862 by Göran Fredrik Göransson in Sandviken. It is a high-technology engineering group and a world-leader in tooling, stainless steel alloys and materials technology, mining and construction. It has about 47,000 employees in 130 countries, with annual sales of approximately SEK 83 billion.


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