News from the Group
Dec 21, 1998 12:00 AM CEST - Press release
Sandvik forms joint-venture company in Korea
Sandvik has formed a joint-venture company in Korea with Suh Jun Trading Co, distributors of rock-drilling equipment and tools.Dec 1, 1998 12:00 AM CEST - Press release
Sandvik's subsidiary Kanthal acquires world-leading U.S. company
Sandvik's subsidiary Kanthal AB has reached an agreement covering the acquisition of the American company MRL Industries, Inc. Based in California, the company is the world's largest manufacturer of furnace cassettes for the electronics industry.Nov 11, 1998 12:00 AM CEST - Press release
Sandvik AB - Financial Information
Oct 22, 1998 12:00 AM CEST - Press release
Sandvik motions for a legal review of the judgements on leasing of aircraft
As has previously been announced, the Swedish Supreme Administrative Court 24 June 1998 disallowed depreciation deductions in connection with aircraft leasing.Jun 24, 1998 12:00 AM CEST - Press release
Sweden's Supreme Administrative Court rejects value depreciation deduction for Sandvik
Sweden's Supreme Administrative Court today opposed the decisions made earlier by lower courts and rejected tax deductions related to the leasing of aircraft via Swedish limited partnership companies to international aircraft companies.May 6, 1998 12:00 AM CEST - Press release
Sandvik's annual general meeting 1998
In his address to the shareholders at Sandvik AB's Annual General Meeting on 6 May 1998 in Sandviken, Chief Executive Officer Clas Åke Hedström commented on the eventful 1997 fiscal year and the strong first quarter this year, with an increase in invoiced sales of 47% including company acquisitions.May 5, 1998 12:00 AM CEST - Press release
Sandvik acquires tube manufacturer in Germany
Sandvik has reached an agreement covering the acquisition of the German company Poppe & Potthoff's unit for production of stainless steel precision tube.Mar 24, 1998 12:00 AM CEST - Press release
Sandvik has inaugurated the most modern cemented carbide tool factory in China
The world-leading cemented carbide tool supplier, Sandvik Coromant, has inaugurated its new plant in Langfang City, 40 km Southeast of Beijing.Mar 23, 1998 12:00 AM CEST - Press release
Sandvik forms a new business area: Sandvik Mining and Construction
Effective 1 April 1998, Sandvik has formed a new business area, Sandvik Mining and Construction, combining the operations of the two companies Tamrock and Sandvik Rock Tools.Mar 13, 1998 12:00 AM CEST - Press release
Per-Olof Norberg leaves Kanthal's Board of Directors
Following discussions with Sandvik, Per-Olof Norberg has announced that he does not wish to be re-elected to the Board of Directors of Kanthal AB at the Annual General Meeting in May 1998.