Clean Break: the company completely halting Russian engagements or exiting Russia
Leave Withdrawal
Sandvik
Sandvik
Sandvik AB is a Swedish multinational engineering company specializing in metal cutting, digital and additive manufacturing, mining and construction, stainless and special steel alloys, and industrial heating. The company was founded in Sweden in 1862.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalRevenue(RF), mln.USD
108
Assets(RF), mln.USD
67
Capital(RF), mln.USD
12
Glob.Revenue, mln.USD
9818
Staff(RF), 2021
1900
The Company Statement
September 15, 2022
Suspend all operations in Russia; Ferronordic and Sandvik terminated their dealer agreements for Russia
| June 29, 2022 | Sandvik announces a non-recurring charge for the second quarter related to Russia |
| February 28, 2022 | Swedish engineering group Sandvik pauses Russian operations |
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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