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Sandvik
Sandvik

-6.54%

Industry & manufacturing / Manufacturing, mining and infrastructure

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Company Overview

General information about the Sandvik company
Sandvik is a global engineering company that specializes in advanced materials technology, industrial tools and services to various industries such as mining, construction, aerospace, and energy. The company was founded in 1862 in Sweden and has since grown to become a leading supplier of high-quality products and services. Sandvik operates in over 160 countries and has approximately 43,000 employees worldwide.
The company’s main focus is on innovation and technology, with over 5,000 patents and 800 R&D specialists constantly working on new solutions and products. Sandvik’s products range from steel and cemented carbide tools to industrial furnaces and cutting-edge 3D printers.
Sandvik’s vision is to continue to be a pioneer in industrial technology, delivering sustainable solutions for a better future. They strive to be a responsible and ethical company, prioritizing safety, diversity, and sustainability in all aspects of their business operations.
Some of Sandvik’s key values include customer focus, innovation, respect for individuals, and a passion for success. These values guide their actions and decisions, ensuring that they provide the best products and services to their customers while also creating a positive and inclusive work environment for their employees.
In addition to their products and services, Sandvik is also committed to giving back to society through various community and social responsibility initiatives. These include supporting local communities, promoting STEM education, and reducing their environmental impact.
Overall, Sandvik is a dynamic company with a long history of innovation and a strong commitment to creating a better future for all stakeholders.
What is special about the Sandvik company?
1. History of Innovation: Sandvik has a long history of innovation, with a track record of developing groundbreaking products and solutions that have shaped industries. Some of their notable innovations include the world’s first steel drill bit, hardened nickel-based superalloys, and the first heat resistant stainless steel.
2. Strong Global Presence: Sandvik has a strong global presence, with operations in more than 150 countries. The company serves a wide range of industries, including mining, construction, aerospace, and automotive.
3. High-Quality Products: Sandvik is known for its high-quality products that are recognized globally for their reliability and performance. The company has a strong focus on research and development, continuously striving to improve its products to meet the evolving needs of customers.
4. Sustainability: Sandvik is committed to sustainable and responsible business practices, with a focus on minimizing its environmental impact and promoting social responsibility. The company has set ambitious sustainability goals, including reducing its carbon footprint and promoting diversity and inclusion.
5. Employee Development: Sandvik invests in its employees’ development and well-being, offering training and development programs and promoting a healthy work-life balance. The company also has a strong culture of safety, with a goal of zero harm in the workplace.
6. Corporate Culture: Sandvik has a unique corporate culture known as The Sandvik Way, which is based on its core values of customer focus, innovation, sustainability, and respect for individuals. This culture promotes teamwork, collaboration, and a sense of community among employees.
7. Focus on Digitalization: Sandvik is at the forefront of digitalization, leveraging new technologies to improve its products, processes, and services. The company has a dedicated digitalization strategy and invests in partnerships and collaborations to drive innovation in this area.
8. Strong Financial Performance: Sandvik has a strong financial track record, with consistent growth and profitability over the years. This stability and success make Sandvik a trusted partner for its customers and a desirable investment for shareholders.
9. Commitment to Diversity and Inclusion: Sandvik is committed to promoting diversity and inclusion in all aspects of its business, from its workforce to its supply chain. Diversity and inclusion are seen as key drivers of innovation and business success at Sandvik.
10. Corporate Citizenship: Sandvik is recognized as a responsible corporate citizen, actively contributing to the communities where it operates through various initiatives, such as educational programs, charitable donations, and disaster relief efforts.

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