EE Impact

Sandvik

Sweden · Engineering

LeaveRussia detail: Exit Completed

Exited Russia

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.

Status last verified 03/08/2026Source checked 01/12/2023Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 15/09/2022 · Reference ↗

Suspended all operations in Russia; Ferronordic and Sandvik terminated their dealer agreements for Russia. 11.2023: The entry about the founder of SANDVIK AB JSC was removed from the Unified State Register of Legal Entities. GPS SUPPLY GENERAL TRADING L.L.S. (UAE) becomes the new founder of the organization.

Local stats (LeaveRussia)

Assets(RF), mln.USD
67
Capital(RF), mln.USD
12
Glob.Revenue, mln.USD
11102
Revenue(RF), mln.USD
108
Staff(RF), 2021
1900

Status history since 2022

  1. 03/08/2026 exited · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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