Sandvik announces layoffs in Arbrå, Sweden

Sandvik Mining and Construction intends to immediately initiate negotiations with the personnel organizations regarding closing of the manufacturing of mobile crushers, screens and stationary feeders in Arbrå, Sweden. The notice of termination of employment affects all personnel employed at Sandvik SRP AB in Arbrå, 53 persons.

As a result of continued reduced demand from Sandvik’s customers for mobile crushing equipment, the company’s total capacity must be reduced.

The closing is in line with the long-term strategy for mobile crushers and screens involving a concentration of resources and expertise to England and Northern Ireland.

Sandviken, 3 March 2009

Sandvik Aktiebolag (publ)

Sandvik AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 2:00 p.m. on 3 March 2009.

About Us

Sandvik Group Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and sustainability. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining industry and rock excavation within the construction industry; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2019, the Group had approximately 40,000 employees and revenues of about 100 billion SEK in more than 160 countries within continuing operations.


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