Sandvik

Sandvik AB
Company typePublicly traded aktiebolag
Nasdaq StockholmSAND
ISINSE0000667891
US8002122013 Edit this on Wikidata
IndustryEngineering
Founded1862; 163 years ago (1862)
FounderGöran Fredrik Göransson
HeadquartersStockholm, Sweden
Key people
ProductsEquipment and systems for mining, excavation, drilling, rock processing, metal cutting and machining
RevenueDecrease 122.878 billion kr[1] (2024)
Decrease 18.420 billion kr[1] (2024)
Decrease 12.245 billion kr[1]
Total assetsIncrease 184.384 billion kr[1] (2024)
Total equityIncrease 96.999 billion kr[1] (2024)
Number of employees
41,447 (full-time equivalent)[1] (2024)
Websitehome.sandvik

Sandvik AB is a Swedish multinational engineering company specializing in products and services for mining, rock excavation, rock drilling, rock processing (crushing and screening), metal cutting and machining. The company was founded in Gävleborg County, Sweden, in 1862. In 2024, it had approximately 41,000 employees and a revenue of 123 billion SEK, with sales in around 150 countries.[1][2][3][4]

LH 517 loader from Sandvik
Göran Fredrik Göransson, founder of Sandvik
Ruins of the blast furnace at Edsken, Hofors Municipality, with a half-size replica of a Bessemer converter
LH 514 loader from Sandvik
TH 545i dump truck from Sandvik
"AB Sandvik Hard Materials", wall sculpture on Sandvik's property in Västberga industrial area
  1. ^ a b c d e f g "Interim report fourth quarter and full year 2024" (PDF). Sandvik. 2025. Retrieved 10 February 2025.
  2. ^ "Annual Report 2023" (PDF). Sandvik. 2024. Retrieved 28 March 2024.
  3. ^ Cite error: The named reference SandvikJourney2012 was invoked but never defined (see the help page).
  4. ^ "Welcome to Sandvik! : Corporate presentation 2025" (PDF). Sandvik. 2025. Retrieved 10 February 2025.

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