EE Impact

Sandvik Coromant

Sweden · Industrial Equipment

LeaveRussia detail: Exit Completed

Exited Russia

Sandvik Coromant is a Swedish company that supplies cutting tools and services to the metal cutting industry. Sandvik Coromant is headquartered in Sandviken, Sweden and is represented in more than 150 countries with some 7900 employees worldwide.

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

Decision trail

Decision date 30/05/2023 · Reference ↗

Sandvik paused its business activities in Russia on February 28 2022, and took the decision to wind down operations in Russia on June 29, 2022. The legal entity in Russia was liquidated on May 30, 2023.

Local stats (LeaveRussia)

Assets(RF), mln.USD
17
Capital(RF), mln.USD
17
Revenue(RF), mln.USD
12
Staff(RF), 2021
1256
Taxes(RF), mln.USD
4

Status history since 2022

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

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

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