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  • Sandvik
    World Trade Center, Kungsbron 1 (section G, 6th floor), 111 22 Stockholm, Sweden
    +46 8 456 11 00
    http://home.sandvik
  • Johannes Hellström

    Press and Media Relations Manager


    +46707211008
  • Edvard Bergström

    Vice President Corporate Communication Relations and Production


    World Trade Center, Kungsbron 1 (section G, 6th floor), 111 22 Stockholm, Sweden
    +46 (0) 70 993 83 11
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    The Board of Directors of Sandvik AB proposes a long-term incentive program 2012

    The Board of Directors of Sandvik AB proposes that the Annual General Meeting resolve on a long-term incentive program for 2012 (LTI 2012) encompassing approximately 350 senior executives and key individuals within the Group, on substantially the same terms and conditions as the 2011 long-term incentive program. Participants are offered allotment of employee stock options that entitle the holder to acquire Sandvik shares after three years at a set exercise price, on condition that certain performance targets are met. For some executives in more senior positions, a personal investment in

    Sandvik celebrates 150 years on 31 January 2012

    On 31 January, it will be 150 years to the day since Göran Fredrik Göransson’s new company was formed in Sandviken, Sweden. At that time, Sandvik was first in the world to use the Bessemer process, which would revolutionize steel manufacturing. The company quickly became one of the world’s leaders in its industry. For 150 years, Sandvik has successfully operated and evolved by continuously being innovative and identifying new opportunities in the markets and through various shifts in technology. With the talent, experience and commitment of 50,000 employees across the globe, we now cast our

    Sandvik has held an Extraordinary General Meeting and completes the offer to the minority shareholders of Seco Tools

    The Offer is not being made to (and acceptances will not be accepted from) persons in or from jurisdictions where the announcement of the Offer or approval of acceptances of the Offer would require further documentation, filings or other measures in addition to those required by Swedish law, including the United States, Australia, Hong Kong, Japan, Canada, New Zealand orSouth Africa.At today’s Extraordinary General Meeting of Sandvik, it was resolved to authorize the Board of Directors to issue new shares. Consequently, the condition for the public offer to the minority shareholders of

    New Sandvik Group Executive Management from 2012

    In connection with the announcement of the new Sandvik strategy a new Group Executive Management team has been appointed. The new Group Executive Management will be effective 1 January 2012. Effective 1 January the Group Executive Management will include: Present members Olof Faxander, President and CEOBorn 1970. Employed 2011. Previously CEO of SSAB and in leading positions in Outokumpu. Ola Salmén, Executive Vice President and CFOBorn 1954. Employed 2009. Previously CFO of Vin&Sprit and in leading positions in Adcore and Handelsbanken. Anna Vikström Persson, Executive

    Sandvik sets a new strategic direction to strengthen market leadership

    The purpose of the new strategy is to achieve world class performance in value creation through higher growth and profitability and thereby make Sandvik an even more attractive company for customers, employees and shareholders. The new strategy is focused on increasing profitability, strengthening position in attractive markets and segments and a more active portfolio management. The strategy is based on four cornerstones:   · AMBITION to be world class in every core area, · higher SPEED in every process, · increased FOCUS in selected core businesses, · become truly GLOBAL in

    New Head of Human Resources at Sandvik AB

    Anna Vikström Persson has been appointed Senior Vice President Human Resources and member of Group Executive Management at Sandvik AB. She takes on the new position on 1 March, 2011. Anna Vikström Persson is currently Executive Vice President and Head of Group Human Resources at the SSAB and member of its Group Executive management. She has previously held several leading positions within the human resource area in Sweden as well as abroad, among others as Head of Human Resources for Ericsson Swedish operations. She will succeed Göran Westberg, who has so far held dual roles. He

    Administrative Court decision on Sandvik´s management of intellectual property rights.

    In 2005, Sandvik AB implemented a reorganization of ownership and management of intellectual property rights. All Swedish-owned patents and trademarks were transferred to Sandvik Intellectual Property AB (IP Company). The reasons for this reorganization were the need to gather the activities relating to intellectual property rights into one company to highlight the considerable worth of the intellectual property rights and to gain operational advantages.   In December 2007, the Swedish National Tax Board did not approve the tax returns for the 2005 and 2006 fiscal years filed by the

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