Coworkers Silvia Dahlund, Jenni Zackrisson and Sakari Ruppi from Seco Tools, which is part of the Sandvik Machining Solutions business area, have been awarded the Wilhelm Haglund Medal for their development of a new generation of oxide-coated inserts.

Sandvik Q1 Interim Report - Venue: World Trade Center, Kungsbron 1 Stockholm - New Time

Sandvik will implement a new shared service delivery model for parts of its transactional finance. These improvements are in line with Sandvik’s strategy, where the objective is to simplify processes, utilize group wide synergies and leverage global business opportunities to become a world-class industry leader.

The combined value of the contracts exceeds 950 million SEK and will be executed and contribute to Sandvik Mining's business during the years 2013 until 2015.

Sandvik has signed an agreement with Cubex Limited (CUBEX) to acquire its drilling solutions business and operations.

Sandvik's Board of Directors propose that the Annual General Meeting resolve on a long-term incentive program for 2013 (LTI 2013) encompassing approximately 350 senior executives and key individuals within the Group, on substantially the same terms and conditions as the 2011 and 2012 long-term incentive programs.

Sandvik Mining signed a Mining Systems contract with Sasol Mining (Pty) Ltd for the Shondoni Mine Materials Handling project in South Africa.

The new Sandvik strategy presented in September 2011 laid out the path toward a strengthened market leadership position based on four cornerstones.

Continued Strong Execution, but a More Cautious Market

The new agreement amounts to 250 million EUR

Sandvik Mining introduces the new Sandvik AutoMine® product family

Sandvik ALPHA 330 Boosts Productivity