Latest News and Press Releases

STOCKHOLM, Sweden, May 13, 2002 (PRIMEZONE) -- Sandvik Steel has decided to initiate negotiations with the trade unions regarding the closure of production of stainless spring wire at its subsidiary,...

STOCKHOLM, Sweden, May 7, 2002 (PRIMEZONE) -- Sandvik AB's Annual General Meeting in Sandviken on 7 May approved the Board's proposed dividend of SEK 9.50 for the 2001 fiscal year. The record date to...

STOCKHOLM, Sweden, May 7, 2002 (PRIMEZONE) -- Sandvik AB: - Profit after financial items SEK 1,261 M, 11% of invoicing - Invoicing: SEK 11,800 M, down 2% - Order intake...

STOCKHOLM, Sweden, Feb. 19, 2002 (PRIMEZONE) -- Sandvik has reached an agreement with the principal owner of Walter AG regarding completion of the acquisition. This means that Sandvik will own...

STOCKHOLM, Sweden, Feb. 18, 2002 (PRIMEZONE) -- A review is under way of Sandvik Steel's Wire Division. The Division's profitability is clearly unsatisfactory, due in part to the fact that the...

STOCKHOLM, Sweden, Feb. 14, 2002 (PRIMEZONE) -- Sandvik AB: -- Invoiced sales: SEK 48,900 M, up 3% at fixed exchange rates for comparable units -- Profit: SEK 5,606 M after financial...

STOCKHOLM, Sweden, Jan. 16, 2002 (PRIMEZONE) -- Peter Gossas, Executive Vice President of Sandvik Steel and head of the company's tube and pipe division has been appointed the new President of the...

STOCKHOLM, Sweden, Jan. 16, 2002 (PRIMEZONE) -- Clas Ake Hedstrom, President and CEO of Sandvik AB, will leave his position in conjunction with the Annual General Meeting on 7 May 2002. Clas Ake...