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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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    President of business area Sandvik Machining Solutions, Jonas Gustavsson, to leave Sandvik

    Jonas Gustavsson, President of the business area Sandvik Machining Solutions, has decided to leave Sandvik to take on the position as President and CEO of ÅF, an engineering and consulting company listed on Nasdaq Stockholm. “I’m grateful for Jonas Gustavssons’ excellent contributions during his time in Sandvik. He has led both the Sandvik Materials Technology and the Sandvik Machining Solutions business areas and played an important role in improving and defending their performance. Jonas has also, since 2011, been a much appreciated member of the Group Executive Management”, says Björn

    Sandvik Materials Technology continues to restructure wire- and strip operations

    Sandvik Materials Technology today initiated negotiations with the unions in Sweden to restructure the wire and resistance strip operations, which will enable a shift in the product mix toward more advanced and profitable products in key segments, such as the energy sector.The restructuring will primarily affect production of wire and resistance strip in Hallstahammar, Sweden, which will be discontinued over the course of the next 18 months. In conjunction with this, efforts will be intensified to phase out wire products that are not sufficiently profitable or do not form part of the core

    Sandvik reduces workforce in Sweden

    Sandvik today gave notice of a personnel reduction of 365 employees in Sweden. The reduction affects employees at Sandvik Materials Technology and Sandvik Mining and Construction in Sandviken, as well as employees at Sandvik Materials Technology in Hallstahammar. The workforce reduction is a consequence of the Sandvik Group’s new strategic direction and organization. Workforce reduction at Sandvik Materials TechnologySandvik Materials Technology introduced on 13 September 2011 a comprehensive improvement program(“The Step Change Program”) that aims to increase profitability to a

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