Latest News and Press Releases

STOCKHOLM, Sweden, Aug. 16, 2002 (PRIMEZONE) -- The leading technology and service company Sandvik Materials Handling within the Sandvik Mining and Construction business area has achieved major...

STOCKHOLM, Sweden, Aug. 15, 2002 (PRIMEZONE) -- Sandvik's Capital Markets Day on 15 August in Sandviken attracted record interest among analysts, investors and journalists. More than 70 persons...

STOCKHOLM, Sweden, Aug. 9, 2002 (PRIMEZONE) -- Following the approval by the anti-trust authorities, Sandvik has now completed the acquisition of Valenite from Milacron Inc., USA. Consolidation will...

STOCKHOLM, Sweden, Aug. 9, 2002 (PRIMEZONE) -- Sandvik Tamrock, within the Sandvik Mining and Construction business area, has received an order for tunneling equipment for a new rail link in the St....

STOCKHOLM, Sweden, Aug. 8, 2002 (PRIMEZONE) -- In May 1999, Sandvik issued a convertible debenture loan that was offered to all employees in the Group's Swedish companies. The nominal amount of the...

STOCKHOLM, Sweden, Aug. 7, 2002 (PRIMEZONE) -- Sandvik AB: -- Profit after financial items: SEK 1,457 M in the quarter, 12% of invoicing -- Invoicing: SEK 12,510 M, up 1% -- Strong cash flow...

STOCKHOLM, Sweden, July 29, 2002 (PRIMEZONE) -- Sandvik announced in a press release on 18 June 2002 that agreement had been reached with the American owner Milacron Inc. covering acquisition of the...

STOCKHOLM, Sweden, June 18, 2002 (PRIMEZONE) -- Sandvik has signed an agreement with Milacron Inc., U.S.A, to acquire its North American metalcutting tools business Valenite. The acquisition is...

STOCKHOLM, Sweden, June 5, 2002 (PRIMEZONE) -- Sandvik has today received a decision from the Swedish Tax Authority regarding taxation for 1987. Since the statutory time limit for pursuing this...

STOCKHOLM, Sweden, May 17, 2002 (PRIMEZONE) -- Sandvik Hard Materials has decided on closure of production of cemented-carbide seal rings and wear parts in Espergaerde, Denmark, and transfer...