MIRA INFORM REPORT

 

 

Report Date :

20.04.2012

 

IDENTIFICATION DETAILS

 

Name :

SANDVIK MINING AND CONSTRUCTION OY

 

 

Registered Office :

Pihtisulunkatu 9 Tampere, 33310

 

 

Country :

Finland

 

 

Financials (as on) :

01.12.2010

 

 

Date of Incorporation :

01.09.1897

 

 

Com. Reg. No.:

02116007

 

 

Legal Form :

Private Subsidiary

 

 

Line of Business :

Manufacture of machinery for mining, quarrying and construction

 

 

No. of Employees :

1,508

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

Payment Behaviour :

No Complaints

Litigation :

Clear

 


NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Finland

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name and address

 

Bottom of Form

Sandvik Mining and Construction Oy

                                                                                                                                                     

 

Pihtisulunkatu 9

 

 

Tampere, 33310

Finland

 

Tel:

358 (205) 44 121

Fax:

358 (205) 44 120

 

www.
miningandconstruction.
sandvik.com

 

Employees:

1,508

Company Type:

Private Subsidiary

Corporate Family:

212 Companies

Ultimate Parent:

Sandvik AB

 

 

Incorporation Date:

01-Sep-1897

Financials in:

USD(mil)

 

 

Fiscal Year End:

01-Dec-2010

Reporting Currency:

Euro

Annual Sales:

780.0

Net Income:

121.4

Total Assets:

562.0

                                      

Business Description       

 

Equipment and services for hard rock excavation; equipment and services for soft mineral excavation; construction machinery, equipment and services; bulk materials handling equipment and conveyor components

          

Industry                                                                                                                               

 

Industry

Construction and Agriculture Machinery

ANZSIC 2006:

2462 - Mining and Construction Machinery Manufacturing

NACE 2002:

2952 - Manufacture of machinery for mining, quarrying and construction

NAICS 2002:

333131 - Mining Machinery and Equipment Manufacturing

UK SIC 2003:

29521 - Manufacture of machinery for mining

US SIC 1987:

3532 - Mining Machinery and Equipment, Except Oil and Gas Field Machinery and Equipment

 

 Key Executives          

                      

 

Name

Title

Kari Parvento

Managing Director

Aija Lipponen

Finance Manager

Jari JÀrvenpÀÀ

Sales Director

Lars Olof Josefsson

Chairman

Juha Tapio Koivula

Board member

 

 

 

 

 News                                                                  

 

Title

Date

Australia: Sandvik Mining And Construction Receives Patent for 'Method and equipment for displaying drill holes and method for directing drill rod...
Australian Government (144 Words)

13-Apr-2012

Australia: Sandvik Mining and Construction Canada Receives Patent for 'Flame proof power pack'
Australian Government (90 Words)

6-Apr-2012

Australia: Sandvik Mining and Construction Receives Patent for 'Drilling unit, method for slot drilling and slotting device'
Australian Government (93 Words)

27-Mar-2012

Australia Patent: Application for 'Arrangement in control device of work machine' Lapses
Australian Government (75 Words)

13-Mar-2012

Australia: Sandvik Mining and Construction Receives Patent for 'Percussion device'
Australian Government (92 Words)

6-Mar-2012

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7493392
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7655209

 


Corporate Overview

 

Location
Pihtisulunkatu 9
Tampere, 33310
Finland

 

Tel:

358 (205) 44 121

Fax:

358 (205) 44 120

 

www.miningandconstruction.sandvik.com

Sales EUR(mil):

584.5

Assets EUR(mil):

430.2

Employees:

1,508

Fiscal Year End:

01-Dec-2010

 

Industry:

Construction and Agriculture Machinery

Incorporation Date:

01-Sep-1897

Company Type:

Private Subsidiary

Quoted Status:

Not Quoted

Previous Name:

Sandvik Tamrock Oy

Registered No.(FIN):

02116007

 

Managing Director:

Kari Parvento

Contents

Industry Codes

Business Description

Brand/Trade Names

Financial Data

Subsidiaries

Key Corporate Relationships

 

 

Industry Codes

 

ANZSIC 2006 Codes:

2463

-

Machine Tool and Parts Manufacturing

2462

-

Mining and Construction Machinery Manufacturing

2491

-

Lifting and Material Handling Equipment Manufacturing

2451

-

Pump and Compressor Manufacturing

 

NACE 2002 Codes:

2922

-

Manufacture of lifting and handling equipment

2912

-

Manufacture of pumps and compressors

2942

-

Manufacture of other metalworking machine tools

2952

-

Manufacture of machinery for mining, quarrying and construction

 

NAICS 2002 Codes:

333922

-

Conveyor and Conveying Equipment Manufacturing

333912

-

Air and Gas Compressor Manufacturing

333120

-

Construction Machinery Manufacturing

333518

-

Other Metalworking Machinery Manufacturing

333131

-

Mining Machinery and Equipment Manufacturing

 

US SIC 1987:

3535

-

Conveyors and Conveying Equipment

3532

-

Mining Machinery and Equipment, Except Oil and Gas Field Machinery and Equipment

3549

-

Metalworking Machinery, Not Elsewhere Classified

3531

-

Construction Machinery and Equipment

3563

-

Air and Gas Compressors

 

UK SIC 2003:

29122

-

Manufacture of compressors

2952

-

Manufacture of machinery for mining, quarrying and construction

2942

-

Manufacture of other metalworking machine tools

2922

-

Manufacture of lifting and handling equipment

29521

-

Manufacture of machinery for mining

 

 

Business Description

Equipment and services for hard rock excavation; equipment and services for soft mineral excavation; construction machinery, equipment and services; bulk materials handling equipment and conveyor components

 

 

More Business Descriptions

Sandvik Mining And Construction Oy is primarily engaged in manufacture of machinery for mining; manufacture of earth-moving equipment;and manufacture of equipment for concrete crushing and screening and roadworks.

 

Sandvik Mining and Construction Oy is primarily engaged in (1) manufacturing underground mining machinery and equipment, such as coal breakers, mining cars, core drills, coal cutters, rock drills and (2) manufacturing mineral beneficiating machinery and equipment used in surface or underground mines.

 

Support Activities for Mining/Oil/Gas

 

 

 

 

 

 

 

Brand/Trade Names

Tamrock

EJC

BrΓΈyt

Sandvik Rock Tools

Toro

Driltech

Mission

Drillmaster

Gurtec

KOPO

Prok

Rammer

Roxon

Rox'n Roll

Voest Alpine

Eimco

Sandvik MGT

 

Financial Data

 

Financials in:

EUR(mil)

 

Revenue:

584.5

Net Income:

91.0

Assets:

430.2

Current Assets:

339.5

 

Issued Capital:

114.9

 

Net Worth:

226.5

 

 

 

Date of Financial Data:

01-Dec-2010

 

1 Year Growth

NA

NA

NA

 

 

Subsidiaries

Company

Percentage Owned

Country

Tamrock Oy

 

Finland

Tammerfors Linne Och Jern AB

 

Finland

Tampellan TytΓ€ryhtiΓΆt Oy

 

Finland

Sandvik Mining And Construction Finland Oy

 

Finland

Sandvik Mining And Construction Australia Holdings Pty LTD

 

Australia

Sandvik Tamrock Zambia LTD

 

Zambia

 

 

 

 

 

Key Corporate Relationships

Bank:

Nordea

 

 

 

 

 

 

 

 

 

 

 

Corporate Structure News

 

Total Corporate Family Members: 212
Excluded Small Branches and/or Trading Addresses: 22 (Available via export)

 

 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

Sandvik AB

Parent

Sandviken

Sweden

Miscellaneous Capital Goods

14,488.5

50,030

Sandvik Materials Technology

Division

Sandviken

Sweden

Iron and Steel

2,502.2

9,058

Sandvik Medical Solutions

Branch

Memphis, TN

United States

Medical Equipment and Supplies

80.5

250

Sandvik Palm Coast

Branch

Palm Coast, FL

United States

Miscellaneous Capital Goods

114.0

100

Sandvik Wire & Heating

Branch

Bethel, CT

United States

Miscellaneous Fabricated Products

37.9

100

Sandvik Medical Solutions

Branch

Arab, AL

United States

Miscellaneous Capital Goods

16.7

100

Sandvik Process Systems Inc

Subsidiary

Totowa, NJ

United States

Miscellaneous Capital Goods

13.1

35

Sandvik Special Metals LLC

Subsidiary

Kennewick, WA

United States

Iron and Steel

15.1

25

Pennsylvania Extruded Tube Co

Subsidiary

S Abington Twp, PA

United States

Miscellaneous Capital Goods

8.0

7

Sandvik Inc

Subsidiary

Fair Lawn, NJ

United States

Miscellaneous Capital Goods

 

7,500

Sandvik Coromant Co

Subsidiary

Fair Lawn, NJ

United States

Miscellaneous Fabricated Products

149.3

200

Sandvik Hard Materials

Branch

West Branch, MI

United States

Construction - Supplies and Fixtures

87.0

160

Sandvik Tooling Supply

Branch

Mebane, NC

United States

Miscellaneous Fabricated Products

81.6

150

Sandvik Coromant Co

Branch

Stafford, TX

United States

Miscellaneous Capital Goods

59.8

110

Sandvik Coromant Co

Branch

Pontiac, MI

United States

Business Services

18.6

100

Sandvik Mining & Construction

Subsidiary

Smyrna, GA

United States

Rental and Leasing

 

50

Sandvik Mining & Construction

Branch

Alachua, FL

United States

Construction and Agriculture Machinery

58.7

225

Sandvik Mining & Construction

Branch

Bristol, VA

United States

Chemicals - Plastics and Rubber

215.4

200

Sandvik Mining & Construction

Branch

Elko, NV

United States

Construction and Agriculture Machinery

26.1

32

Sandvik Steel Strip Division

Division

Benton Harbor, MI

United States

Iron and Steel

24.2

40

Seco Tools AB

Subsidiary

Fagersta

Sweden

Miscellaneous Capital Goods

812.9

5,306

SECO TOOLS GmbH

Subsidiary

Erkrath

Germany

Miscellaneous Capital Goods

101.6

5,000

Pramet Tools, s.r.o.

Subsidiary

Ε umperk

Czech Republic

Miscellaneous Capital Goods

62.6

709

Seco Tools France

Subsidiary

Bourges

France

Miscellaneous Capital Goods

78.9

374

Seco Tools India (P) Ltd

Subsidiary

Pune

India

Miscellaneous Fabricated Products

12.0

190

Seco Tools Italia SpA

Subsidiary

Guanzate, Como

Italy

Miscellaneous Capital Goods

55.5

178

Seco Tools Inc

Subsidiary

Troy, MI

United States

Scientific and Technical Instruments

65.0

150

Seco Tools IndΓΊstria e ComΓ©rcio Ltda

Subsidiary

Sorocaba

Brazil

Electronic Instruments and Controls

10.0

120

Seco Tools EspaΓ±a Sa

Subsidiary

Cornella De Llobregat, Barcelona

Spain

Miscellaneous Capital Goods

15.4

34

Seco Tools Benelux Societe Anonyme

Subsidiary

Braine-L'alleud

Belgium

Miscellaneous Capital Goods

16.1

21

Niagara Cutter LLC

Subsidiary

Amherst, NY

United States

Miscellaneous Capital Goods

5.0

16

Niagara Cutter LLC

Branch

Athol, MA

United States

Miscellaneous Capital Goods

21.8

40

Sandvik Tamrock AB

Subsidiary

Sandviken

Sweden

Miscellaneous Fabricated Products

 

5,000

Sandvik Tamrock Oy

Subsidiary

Tampere

Finland

Miscellaneous Capital Goods

625.0

 

Roxon Oy

Subsidiary

Hollola

Finland

Miscellaneous Capital Goods

75.0

 

Sandvik Tamrock Secoma S.A.

Subsidiary

Meyzieu

France

Miscellaneous Capital Goods

75.0

 

Sandvik Holding GmbH

Subsidiary

DΓΌsseldorf

Germany

Appliance and Tool

151.8

4,000

Kanthal ElektrowΓ€rme GmbH

Subsidiary

MΓΆrfelden-Walldorf, Hessen

Germany

Chemical Manufacturing

 

1

Sandvik Asia Ltd

Subsidiary

Pune

India

Miscellaneous Capital Goods

300.9

2,000

Sandvik Mining & Construction RSA (Pty) Ltd

Subsidiary

Johannesburg

South Africa

Construction and Agriculture Machinery

 

1,500

Sandvik Mining and Construction Australia Pty Ltd

Subsidiary

Eagle Farm, QLD

Australia

Construction and Agriculture Machinery

588.7

1,490

Sandvik Heating Technology AB

Subsidiary

Hallstahammar

Sweden

Electronic Instruments and Controls

145.7

588

Kanthal Electroheat HK Ltd

Subsidiary

Kowloon, Kowloon

Hong Kong

Miscellaneous Capital Goods

 

100

SANDVIK CHOMUTOV PRECISION TUBES spol. s.r.o.

Subsidiary

Chomutov

Czech Republic

Construction - Supplies and Fixtures

193.9

564

Sandvik do Brasil S.A. IndΓΊstria e ComΓ©rcio

Subsidiary

SΓ£o Paulo, SP

Brazil

Appliance and Tool

158.6

545

Sandvik Mining and Construction GmbH

Subsidiary

Zeltweg

Austria

Construction and Agriculture Machinery

221.9

526

Metsec PLC

Subsidiary

Oldbury

United Kingdom

Construction - Supplies and Fixtures

114.5

313

Metal Sections Ltd.

Subsidiary

Oldbury

United Kingdom

Nonclassifiable Industries

 

 

Sandvik Italia SpA

Subsidiary

Milano, MI

Italy

Miscellaneous Capital Goods

309.6

505

Dormer Italia S.p.A.

Subsidiary

Milano

Italy

Appliance and Tool

75.0

 

Sandvik Hard Materials

Subsidiary

Milano

Italy

Miscellaneous Fabricated Products

1.0

 

Prototyp-Werke GmbH Fabrik fΓΌr PrΓ€zisionswerkzeuge

Subsidiary

Zell am Harmersbach

Germany

Miscellaneous Capital Goods

94.8

500

Dormer Tools S.A.

Subsidiary

Sao Paulo

Brazil

Personal and Household Products

 

500

Sandvik Ltd.

Subsidiary

Halesowen

United Kingdom

Miscellaneous Fabricated Products

185.5

481

Walter Gb Ltd.

Subsidiary

Bromsgrove

United Kingdom

Miscellaneous Capital Goods

22.2

47

Bta Heller Drilling Systems Ltd.

Subsidiary

Cirencester

United Kingdom

Miscellaneous Fabricated Products

 

 

Sandvik Mining And Construction Mobile Crushers And Screens Ltd.

Subsidiary

Swadlincote

United Kingdom

Miscellaneous Capital Goods

193.5

451

Extec Screens & Crushers (Ni) Ltd.

Subsidiary

Dungannon

United Kingdom

Business Services

 

 

Sandvik EspaΓ±ola Sa

Subsidiary

Martorelles, Barcelona

Spain

Appliance and Tool

142.5

435

Sandvik Holding France

Subsidiary

Orleans

France

Construction and Agriculture Machinery

6.3

426

Gunther Tools

Subsidiary

Soultz Sous Forets

France

Miscellaneous Capital Goods

39.2

302

Safety Sas

Subsidiary

Sevres

France

Construction and Agriculture Machinery

36.5

149

Safety Production Sas

Subsidiary

Sevres

France

Miscellaneous Capital Goods

38.8

224

Sandvik Argentina S.A.

Subsidiary

San Justo, Buenos Aires

Argentina

Construction and Agriculture Machinery

 

370

Sandvik do Brasil S/A Industria E Comercio

Subsidiary

SΓ£o Paulo , SΓ£o Paulo

Brazil

Construction - Supplies and Fixtures

75.0

350

Sandvik del PerΓΊ S.A.

Subsidiary

Lima

Peru

Miscellaneous Capital Goods

30.0

350

Wolfram Bergbau & HΓΌtten AG

Subsidiary

St.Martin Im Sulmtal, Steiermark

Austria

Metal Mining

239.9

315

Sandvik Australia Pty Ltd

Subsidiary

Smithfield, NSW

Australia

Miscellaneous Fabricated Products

 

303

Sandvik Hard Materials Pty Ltd

Subsidiary

Mayfield, NSW

Australia

Appliance and Tool

 

50

Sandvik Taiwan Ltd

Subsidiary

Wuku Hsiang, Taipei Hsien

Taiwan

Construction Services

18.5

30

Diamond Innovations

Subsidiary

Columbus, OH

United States

Construction - Supplies and Fixtures

115.0

300

Diamond Innovations International Sales

Subsidiary

Dublin

Ireland

Miscellaneous Capital Goods

101.7

10

GΓΌnther & Co. GmbH

Subsidiary

Frankfurt am Main

Germany

Personal and Household Products

1.0

300

Sandvik S.A.S.

Subsidiary

Orleans

France

Iron and Steel

 

300

Sandvik de MΓ©xico S.A. de C.V.

Subsidiary

Tlalnepantla, Federal District

Mexico

Miscellaneous Capital Goods

40.0

200

Sandvik Mining and Construction Ghana Ltd

Subsidiary

Accra

Ghana

Miscellaneous Capital Goods

 

200

Sandvik Baildonit S.A.

Subsidiary

Katowice

Poland

Construction and Agriculture Machinery

 

170

Sandvik Mining And Construc Lyon Sas

Subsidiary

Meyzieu

France

Construction and Agriculture Machinery

13.5

161

AB Sandvik Systems Development

Subsidiary

Sandviken

Sweden

Biotechnology and Drugs

 

160

Sandvik MGS S.A.

Subsidiary

Belo Horizonte, MG

Brazil

Construction and Agriculture Machinery

101.0

150

Sandvik Mining and Construction

Subsidiary

Hexham, NSW

Australia

Construction and Agriculture Machinery

 

150

Sandvik Mining and Construction Zimbabwe (Pvt) Ltd

Subsidiary

Harare

Zimbabwe

Construction and Agriculture Machinery

 

140

Cinetic Sorting SpA

Subsidiary

Lonate Pozzolo, Varese

Italy

Miscellaneous Capital Goods

32.8

129

Sandvik South East Asia Pte Ltd

Subsidiary

Singapore

Singapore

Miscellaneous Capital Goods

363.8

120

Sandvik Mining and Construction

Subsidiary

SchΓΆppenstedt

Germany

Construction and Agriculture Machinery

1.0

120

Sandvik de MΓ©xico S.A. de C.V.

Subsidiary

Tlalnepantla

Mexico

Construction - Supplies and Fixtures

 

120

Sandvik Medical Solutions

Subsidiary

Oregon City, OR

United States

Iron and Steel

26.8

117

Sandvik Rotary Tools AB

Subsidiary

Sandviken, GΓ€vleborg

Sweden

Oil Well Services and Equipment

14.5

115

TEENESS ASA

Subsidiary

Ranheim, SΓΈr-TrΓΈndelag

Norway

Miscellaneous Capital Goods

23.4

100

Sandvik Polska Sp zoo

Subsidiary

Warsaw

Poland

Miscellaneous Fabricated Products

 

100

Sandvik Chile SA

Subsidiary

Santiago

Chile

Construction and Agriculture Machinery

 

100

Sandvik Mining and Construction Crushing Technology GmbH

Subsidiary

Bergneustadt, Nordrhein-Westfalen

Germany

Miscellaneous Capital Goods

37.1

90

Fintec Crushing & Screening Ltd

Subsidiary

Dungannon

United Kingdom

Construction and Agriculture Machinery

28.3

88

Sandvik Argentina S.A.

Subsidiary

San Justo, Buenos Aires

Argentina

Appliance and Tool

45.1

79

Etablissements Planche

Subsidiary

Bourges

France

Miscellaneous Capital Goods

6.9

74

Sandvik Benelux BV

Subsidiary

Schiedam

Netherlands

Miscellaneous Capital Goods

47.6

70

Sandvik Dc Venlo B.V.

Subsidiary

Venlo, Limburg

Netherlands

Miscellaneous Transportation

 

 

Sandvik Holdings Ltd.

Subsidiary

Halesowen

United Kingdom

Business Services

0.0

69

Sandvik Medical Solutions Ltd.

Subsidiary

Sheffield

United Kingdom

Medical Equipment and Supplies

31.7

218

Sandvik Materials Technology UK Ltd.

Subsidiary

Perth

United Kingdom

Electronic Instruments and Controls

55.0

180

Sandvik Osprey Ltd.

Subsidiary

Neath

United Kingdom

Miscellaneous Fabricated Products

22.5

81

Sandvik Disability Trust Ltd.

Subsidiary

Halesowen

United Kingdom

Personal Services

 

 

Inhoco 3367 Ltd.

Subsidiary

Swadlincote

United Kingdom

Nonclassifiable Industries

 

 

Inhoco 3259 Ltd.

Subsidiary

Swadlincote

United Kingdom

Business Services

 

 

Extec Holdings Ltd.

Subsidiary

Swadlincote

United Kingdom

Commercial Banks

 

 

Extec (Uk) Ltd.

Subsidiary

Swadlincote

United Kingdom

Business Services

 

 

Extec Global Ltd.

Subsidiary

Swadlincote

United Kingdom

Commercial Banks

 

 

Sandvik Mining & Construction Logistics Limited

Subsidiary

Dublin

Ireland

Miscellaneous Capital Goods

778.8

65

Dormer Tools Ltd.

Subsidiary

Rotherham

United Kingdom

Personal and Household Products

27.4

56

Sandvik Hong Kong Ltd

Subsidiary

Kowloon, Kowloon

Hong Kong

Engineering Consultants

30.0

50

Sandvik

Subsidiary

Auckland

New Zealand

Engineering Consultants

14.7

50

Sandvik Thailand Ltd

Subsidiary

Huay Kwang, Bangkok

Thailand

Personal and Household Products

8.0

50

Sandvik Philippines Inc

Subsidiary

Muntinlupa

Philippines

Miscellaneous Fabricated Products

8.0

50

Sandvik Malaysia Sdn Bhd

Subsidiary

Petaling Jaya, Selangor

Malaysia

Engineering Consultants

5.0

50

Santrade Ltd.

Subsidiary

Luzern, Lucerne

Switzerland

Business Services

 

50

Sandvik Canada Inc

Subsidiary

Mississauga, ON

Canada

Miscellaneous Capital Goods

 

50

Sandvik Mining & Construction

Subsidiary

Lively, ON

Canada

Construction and Agriculture Machinery

 

5

Sandvik Mining & Construction

Branch

North Bay, ON

Canada

Miscellaneous Capital Goods

15.2

70

Sandvik Mining & Construction

Branch

Val-D'Or, QC

Canada

Construction and Agriculture Machinery

21.2

20

Sandvik Utbildningsaktiebolag

Subsidiary

Sandviken, GΓ€vleborg

Sweden

Schools

4.7

47

Sandvik Benelux

Subsidiary

Zaventem

Belgium

Construction and Agriculture Machinery

 

40

Sandvik A/S

Subsidiary

BrΓΈndby

Denmark

Miscellaneous Capital Goods

0.0

39

Roxon AB

Subsidiary

Haparanda

Sweden

Oil Well Services and Equipment

 

36

Sandvik Taiwan Limited

Subsidiary

Taipei

Taiwan

Miscellaneous Fabricated Products

1.0

35

Sandvik AG

Subsidiary

Luzern

Switzerland

Miscellaneous Capital Goods

 

35

Sandvik MagyarorszΓ‘g Kft

Subsidiary

Budapest

Hungary

Miscellaneous Capital Goods

 

35

Sandvik Norge A/S

Subsidiary

Billingstad

Norway

Miscellaneous Capital Goods

18.9

25

Sandvik Espanhola, S.A. Unipessoal-Sucursal Em Portugal

Subsidiary

Lisboa, Lisboa

Portugal

Business Services

1.9

17

Gimo Utbildningsaktiebolag

Subsidiary

Gimo, Uppsala

Sweden

Schools

1.8

17

Sandvik Materials Technology EMEA AB

Subsidiary

Kista, Stockholm

Sweden

Miscellaneous Capital Goods

361.0

16

Walter Norden AB

Subsidiary

Halmstad, Halland

Sweden

Miscellaneous Capital Goods

12.5

16

Dormer Tools

Subsidiary

Orleans

France

Miscellaneous Fabricated Products

 

15

Sandvik Intellectual Property AB

Subsidiary

Sandviken, GΓ€vleborg

Sweden

Public Sector and Government

213.5

14

Kanthal Electroheat (SEA) Pte Ltd

Subsidiary

Singapore

Singapore

Miscellaneous Fabricated Products

1.0

6

Kanthal Australia Pty Ltd.

Subsidiary

Dandenong, VIC

Australia

Miscellaneous Capital Goods

 

3

AB Sandvik Steel

Subsidiary

Sandviken

Sweden

Iron and Steel

1,750.0

 

AB Sandvik Coromant

Subsidiary

Sandviken

Sweden

Miscellaneous Capital Goods

875.0

 

Sandvik Coromant Snc

Subsidiary

Orleans

France

Construction and Agriculture Machinery

 

190

Sandvik M C Tools AB

Subsidiary

Sandviken

Sweden

Miscellaneous Capital Goods

350.0

 

Sandvik in Austria GesmbH

Subsidiary

Wien, Wien

Austria

Construction and Agriculture Machinery

30.4

75

Sandvik K. K.

Subsidiary

Kobe

Japan

Miscellaneous Capital Goods

290.0

 

AB Sandvik Hard Materials

Subsidiary

Stockholm, Stockholm

Sweden

Miscellaneous Fabricated Products

175.0

 

Sandvik Hard Materials Sas

Subsidiary

Epinouze

France

Miscellaneous Fabricated Products

55.2

145

Sandvik Hard Materials Taiwan Pty.

Subsidiary

Chung-li

Taiwan

Miscellaneous Fabricated Products

1.0

 

Sandvik Hard Materials

Subsidiary

Dusseldorf

Germany

Miscellaneous Fabricated Products

 

 

Sandvik RC Tools Australia Pty. Ltd.

Subsidiary

Canning Vale, WA

Australia

Construction and Agriculture Machinery

125.0

 

Sds Corp Ltd

Subsidiary

 

 

 

 

 

Sds Digger Tools Pty Ltd

Subsidiary

Perth, WA

Australia

Construction and Agriculture Machinery

 

77

Sandvik Mining & Construction Indonesia Pt

Subsidiary

Jakarta, Jakarta

Indonesia

 

 

30

Sandvik Schweiz AG

Subsidiary

Spreitenbach

Switzerland

Miscellaneous Capital Goods

75.0

 

Sandvik Materials Technology

Subsidiary

Sandviken, GΓ€vleborg

Sweden

Miscellaneous Capital Goods

9.6

 

Sandvik Materials Technology AB

Subsidiary

Kista

Sweden

Miscellaneous Fabricated Products

5.2

 

AB Sandvik Process Systems

Subsidiary

Sandviken

Sweden

Miscellaneous Capital Goods

 

130

Sandvik Process Systems Canada

Subsidiary

Guelph, ON

Canada

Chemical Manufacturing

14.5

20

Sandvik Process Systems S.A.

Subsidiary

Orleans

France

Miscellaneous Fabricated Products

 

6

Sandvik Process Systems

Subsidiary

Fellbach-Schmiden

Germany

Miscellaneous Capital Goods

1.0

 

Kanthal Korea Limited

Subsidiary

Seoul

Korea, Republic of

Miscellaneous Capital Goods

1.0

 

Sandvik China Holding Co Ltd

Subsidiary

Beijing

China

Miscellaneous Capital Goods

1.0

 

Sandvik GmbH

Subsidiary

DΓΌsseldorf

Germany

Miscellaneous Fabricated Products

 

 

Sandvik Mining and Construction Tanzania Limited

Subsidiary

Dar es Salaam

Tanzania

Miscellaneous Capital Goods

 

 

Sandvik Finance B.V.

Subsidiary

Schiedam, Zuid-Holland

Netherlands

Consumer Financial Services

 

 

Sandvik Holding GmbH

Subsidiary

DΓΌsseldorf, Nordrhein-Westfalen

Germany

Commercial Banks

10.4

70

Walter AG

Subsidiary

TΓΌbingen

Germany

Miscellaneous Capital Goods

231.4

1,960

WALTER Deutschland GmbH

Subsidiary

Frankfurt Am Main, Hessen

Germany

Appliance and Tool

 

230

Walter-France

Subsidiary

Soultz Sous Forets

France

Construction and Agriculture Machinery

42.6

74

Walter Italia SRL

Subsidiary

Cadorago, Como

Italy

Miscellaneous Capital Goods

41.9

72

Werner Schmitt PKD-Werkzeug GmbH

Subsidiary

Niefern-Γ–schelbronn, Baden-WΓΌrttemberg

Germany

Engineering Consultants

6.3

58

TDM Systems GmbH

Subsidiary

TΓΌbingen, Baden-WΓΌrttemberg

Germany

Software and Programming

 

57

Sandvik Tooling Deutschland GmbH

Subsidiary

DΓΌsseldorf, Nordrhein-Westfalen

Germany

Miscellaneous Capital Goods

368.8

970

Sandvik Tooling Supply

Subsidiary

Renningen

Germany

Miscellaneous Capital Goods

1.0

150

Protomedical GmbH

Subsidiary

Zell Am Harmersbach, Baden-WΓΌrttemberg

Germany

Medical Equipment and Supplies

3.8

35

Sandvik S.A.S. - Division Kanthal

Subsidiary

Colombes

France

Iron and Steel

 

10

Sandvik Mining and Construction Deutschland GmbH

Subsidiary

DΓΌsseldorf, Nordrhein-Westfalen

Germany

Commercial Banks

0.0

1

Ctt Cutting Tool Technology B.V.

Subsidiary

Schiedam, Zuid-Holland

Netherlands

Miscellaneous Financial Services

 

 

Sandvik Mining & Construction AB

Subsidiary

Sandviken

Sweden

Coal

 

 

Sandvik Mining and Construction Oy

Subsidiary

Tampere

Finland

Construction and Agriculture Machinery

780.0

1,508

Sandvik Mining And Construction Finland Oy

Subsidiary

Nokia

Finland

Construction and Agriculture Machinery

145.1

100

Sandvik Mining and Construction

Subsidiary

Broken Hill, NSW

Australia

Construction and Agriculture Machinery

 

150

Sandvik Mining and Construction Central Europe GmbH

Subsidiary

Essen, Nordrhein-Westfalen

Germany

Personal and Household Products

79.0

120

Sandvik Mining & Construction

Subsidiary

Burlington, ON

Canada

Construction and Agriculture Machinery

19.7

60

Sandvik Mining & Construction Canada

Branch

Surrey, BC

Canada

Construction and Agriculture Machinery

3.5

10

Sandvik Mining & Construction

Subsidiary

Tlaquepaque

Mexico

Construction and Agriculture Machinery

 

60

Sandvik Hong Kong Limited

Subsidiary

Hong Kong

Hong Kong

Construction and Agriculture Machinery

1.0

50

Sandvik Mining And Construc France Sas

Subsidiary

Meyzieu

France

Construction and Agriculture Machinery

105.6

34

Sandvik Mining & Const. Finlandia

Subsidiary

Moscow

Russian Federation

Metal Mining

 

12

Sandvik Mining and Construction Zambia Ltd

Subsidiary

Kitwe

Zambia

Miscellaneous Capital Goods

 

 

Sandvik Mining & Construction RSA

Subsidiary

Johannesburg

South Africa

Construction and Agriculture Machinery

 

 

Sandvik Kenya Ltd

Subsidiary

Nairobi

Kenya

Miscellaneous Capital Goods

 

 

Sandvik Mining and Construction Nigeria Ltd

Subsidiary

Lagos

Nigeria

Miscellaneous Capital Goods

 

 

Sandvik Mining and Construction Co Ltd

Subsidiary

Shanghai

China

Construction and Agriculture Machinery

 

 

 

 

 

Executives Report

 

 

Board of Directors

 

Name

Title

Function

Lars Olof Josefsson

 

Chairman

Chairman

Juha Tapio Koivula

 

Board member

Director/Board Member

 

Executives

 

Name

Title

Function

Pekka Vauramo

 

Sandvik Tamrock

Division Head Executive

Arto Karjalainen

 

Managing Director / Director

Managing Director

Kari Parvento

 

Managing Director

Managing Director

Aija Lipponen

 

Finance Manager

Finance Executive

Jari JÀrvenpÀÀ

 

Sales Director

Sales Executive

 

 

Australia: Sandvik Mining And Construction Receives Patent for 'Method and equipment for displaying drill holes and method for directing drill rod...

Australian Government: 13 April 2012
[What follows is the full text of the news story.]

 

Australia: Sandvik Mining And Construction Receives Patent for 'Method and equipment for displaying drill holes and method for directing drill rod when holes are drilled into rock'

Australia, April 13 -- Sandvik Mining And Construction Oy, Finland, has filed an application (2009256481) on June 3, 2009, for 'Method and equipment for displaying drill holes and method for directing drill rod when holes are drilled into rock.'

The patent is effective from June 3, 2009, till June 3, 2029.

Inventor(s): Jouko Muona, Jukka Osara, Jussi Puura, Tommi Saleniemi, Pekka Laine, Pertti Koivunen, Tatu Hautala and Markus Saarela

Application Status: Accepted

Acceptance Date: March 29

Paid to Date: June 3, 2014

The original document can be viewed at: http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2009256481

For any query with respect to this article or any other content requirement, please contact Editor at htsyndication@hindustantimes.com



Australia: Sandvik Mining and Construction Canada Receives Patent for 'Flame proof power pack'

Australian Government: 06 April 2012
[What follows is the full text of the news story.]

 

Australia, April 6 -- Sandvik Mining and Construction Canada Inc., Ontario, Canada, has filed an application (2008234376) on March 31, 2008, for 'Flame proof power pack.'

The patent is effective from March 31, 2008, till March 31, 2028.

Inventor(s): Stephen Fletcher

Application Status: Sealed

Acceptance Date: Nov. 23, 2011

Paid to Date: March 31, 2013

The original document can be viewed at: http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2008234376

For any query with respect to this article or any other content requirement, please contact Editor at htsyndication@hindustantimes.com



Australia: Sandvik Mining and Construction Receives Patent for 'Drilling unit, method for slot drilling and slotting device'

Australian Government: 27 March 2012
[What follows is the full text of the news story.]

 

Australia, March 27 -- Sandvik Mining and Construction Oy, Finland, has filed an application (2008353952) on April 3, 2008, for 'Drilling unit, method for slot drilling and slotting device.' The patent is effective from effective April 3, 2008, till April 3, 2028.

Inventor(s): Maunu Manttari

Application Status: Sealed

Acceptance Date: Nov. 8, 2011

Paid to Date: April 3, 2013

The original document can be viewed at: http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2008353952

For any query with respect to this article or any other content requirement, please contact Editor at htsyndication@hindustantimes.com



Australia Patent: Application for 'Arrangement in control device of work machine' Lapses

Australian Government: 13 March 2012
[What follows is the full text of the news story.]

 

Australia, March 13 -- Sandvik Mining and Construction Oy, Finland, filed an application (2007216426) on Feb. 9, 2007, for 'Arrangement in control device of work machine.'

Inventor(s): Toni Karvonen

Application Status: Lapsed (Did not gain acceptance within the prescribed time)

The original document can be viewed at: http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2007216426

For any query with respect to this article or any other content requirement, please contact Editor at htsyndication@hindustantimes.com



Australia: Sandvik Mining and Construction Receives Patent for 'Percussion device'

Australian Government: 06 March 2012
[What follows is the full text of the news story.]

 

Australia, March 6 -- Sandvik Mining and Construction Oy, Finland, has filed an application (2006226277) on March 22, 2006, for 'Percussion device.' The patent is effective from effective March 22, 2006, till March 22, 2026.

Inventor(s): Erkki Ahola, Mauri Esko, Markku Keskiniva and Jorma Maki

Application Status: Sealed

Acceptance Date: Oct. 14, 2011

Paid to Date: March 22

The original document can be viewed at: http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2006226277

For any query with respect to this article or any other content requirement, please contact Editor at htsyndication@hindustantimes.com



Australia Patent: Sandvik Mining and Construction Files Application for 'Method and apparatus for controlling rock drilling'

Australian Government: 23 February 2012
[What follows is the full text of the news story.]

 

Australia, Feb. 23 -- Sandvik Mining and Construction Oy, Finland, filed an application (2010264620) on May 28, 2010, for 'Method and apparatus for controlling rock drilling.' Inventor(s): Jarno Viitaniemi, Vesa Peltonen, Markus Saarela and Juho Seppala Application Status: Filed The original document can be viewed at: http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2010264620

For any query with respect to this article or any other content requirement, please contact Editor at htsyndication@hindustantimes.com



Australia Patent: Sandvik Mining and Construction Files Application for 'Definition of data required for automatic control of mobile mining machine'

Australian Government: 23 February 2012
[What follows is the full text of the news story.]

 

Australia, Feb. 23 -- Sandvik Mining and Construction Oy, Finland, filed an application (2010264552) on June 22, 2010, for 'Definition of data required for automatic control of mobile mining machine.' Inventor(s): Jarkko Ruokojarvi, Hannu Makela, Antti Lehtinen and Jouni Sievila Application Status: Filed The original document can be viewed at: http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2010264552

For any query with respect to this article or any other content requirement, please contact Editor at htsyndication@hindustantimes.com



Australia Patent: Grant Field, Sandvik Mining and Construction USA File Application for 'Method and system for integrating sensors on an autonomous...

Australian Government: 21 February 2012
[What follows is the full text of the news story.]

 

Australia Patent: Grant Field, Sandvik Mining and Construction USA File Application for 'Method and system for integrating sensors on an autonomous mining drilling rig'

Australia, Feb. 21 -- Grant Field and Sandvik Mining and Construction USA LLC, both of Texas, U.S., have filed an application (2010245695) on May 10, 2010, for 'Method and system for integrating sensors on an autonomous mining drilling rig.'

Inventor(s): Grant Field Application Status: Filed

The original document can be viewed at: http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2010245695

For any query with respect to this article or any other content requirement, please contact Editor at htsyndication@hindustantimes.com



Australia Patent: Sandvik Mining and Construction Files Application for 'Determination of routes for arranging automatic control of mobile mining...

Australian Government: 20 February 2012
[What follows is the full text of the news story.]

 

Australia Patent: Sandvik Mining and Construction Files Application for 'Determination of routes for arranging automatic control of mobile mining machine'

Australia, Feb. 20 -- Sandvik Mining and Construction Oy, Finland, has filed an application (2010264553) on June 22, 2010, for 'Determination of routes for arranging automatic control of mobile mining machine.'

Inventor(s): Hannu Makela, Antti Lehtinen, Jarkko Ruokojarvi and Jouni Sievila Application Status: Filed

The original document can be viewed at: http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2010264553

For any query with respect to this article or any other content requirement, please contact Editor at htsyndication@hindustantimes.com



Australia Patent: Sandvik Mining and Construction Files Application for 'Determination of route for arranging automatic control of mobile mining...

Australian Government: 20 February 2012
[What follows is the full text of the news story.]

 

Australia Patent: Sandvik Mining and Construction Files Application for 'Determination of route for arranging automatic control of mobile mining machine'

Australia, Feb. 20 -- Sandvik Mining and Construction Oy, Finland, has filed an application (2010264551) on June 22, 2010, for 'Determination of route for arranging automatic control of mobile mining machine.'

Inventor(s): Hannu Makela Application Status: Filed

The original document can be viewed at: http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2010264551

For any query with respect to this article or any other content requirement, please contact Editor at htsyndication@hindustantimes.com



 

Sandvik Mining and Construction OY Files Patent Application for Method and Equipment for Small-charge Blasting

                                                                                                                                                                                          

Indian Patent News
16 November 2011
                                                                                                                                                         

 

[What follows is the full text of the article.]

New Delhi, Nov. 16 -- Finland based Sandvik Mining and Construction OY filed patent application for method and equipment for small-charge blasting. The inventors are Ahola Erkki and Raisanen Veikko.

Sandvik Mining and Construction OY filed the patent application on June 2, 2010. The patent application number is 3912/DELNP/2010 A. The international classification number is E21B 7/00.

According to the Controller General of Patents, Designs & Trade Marks, "The invention relates to a method for small-charge blasting, and a rock drilling unit used therein. By means of a rock drilling machine of the rock drilling unit, a drill hole is first drilled into material to be excavated, after which one or more cartridges comprising a propellant charge are fed through a drilling tool onto the bottom of the drill hole. The drilling unit comprises a cartridge feed station, which is separate from the rock drilling machine and from which the cartridges may be fed into a longitudinal channel in the drilling tool."

About the Company

Sandvik is a high-technology, engineering group. The Sandvik Group conducts operations within three core areas - Sandvik Tooling, Sandvik Mining and Construction, Sandvik Materials Technology - with responsibility for research and development (R&D), production and sales of their respective products. Seco Tools, an independent, publicly listed company, is also a member of the group.

Copyright Contify.com


COPYRIGHT 2011 Indian Patent News

 

 

Sandvik Mining and Construction OY Files Patent Application for Method and Apparatus for Small-charge Blasting

                                                                                                                                                                                          

Indian Patent News
12 November 2011
                                                                                                                                                         

 

[What follows is the full text of the article.]

New Delhi, Nov. 12 -- Finland based Sandvik Mining and Construction OY filed patent application for method and apparatus for small-charge blasting. The inventors are Ahola Erkki and R. Is Nen Veikko.

Sandvik Mining and Construction OY filed the patent application on May 19, 2010. The patent application number is 3555/DELNP/2010 A. The international classification number is E21B 7/00.

According to the Controller General of Patents, Designs & Trade Marks, "The invention relates to a method of small-charge blasting as well as to a rock drilling unit and a front guide to be used therein. By means of a rock drill machine provided in the rock drilling unit, a hole is first drilled into a material to be excavated and, subsequently, a drilling tool is pulled out of the hole. Next, one or more propellants comprising a propellant charge are fed to the bottom of the hole through a propellant feed channe provided in connection with a feed beam. Then, the hole is sealed and the propellant is ignited, whereupon a high gas pressure is generated, which causes fractioning in the material to be excavated. During the feeding and ignition of the propellant, the rock drill machine is kept in a parallel direction with respect to the hole."

Copyright Contify.com


COPYRIGHT 2011 Indian Patent News

 

 

POLAND : Sandvik Mining and Construction Sp. z o.o. did bidding for parts supply of machinery for mining, quarrying and construction contract

 

 

TendersInfo News
20 October 2011

 

 

[What follows is the full text of the article.]

Sandvik Mining and Construction Sp. z o.o. is the winner of parts supply to machinery for mining, quarrying and construction through an open procedure method. The contracting authority is Jastrzebska Spolka Weglowa S.A.

Scope of work is for provision of maintenance and supply of spare parts, subassemblies, assemblies for the type of road headers Alpine Miner AM / MR. Government Procurement Agreement (GPA) has not covered this contract with no possible sub-contracting. The contractor is not selected through an electronic auction.

The award criteria is the most economically advantageous tender in terms of gross price (including VAT) for the realization of the subject orders - weighting 95, time of accession to the breakdown - weighting 5.

The contracting authority is not purchasing on behalf of other contracting authorities.

Copyright 2011 Euclid Infotech Pvt. Ltd., distributed by Contify.com


COPYRIGHT 2011 TendersInfo News

 

 

POLAND : Sandvik Mining and Construction sp. z o.o. received contract for supply of parts of coal or rock cutting machinery

                                                                                                                                                                                          

TendersInfo News
21 September 2011
                                                                                                                                                        

 

[What follows is the full text of the article.]

Lubelski Wegiel Bogdanka S.A. w Bogdance allocated contract to Sandvik Mining and Construction sp. z o.o. for supply of parts of coal or rock cutting machinery.

Scope of work is supply brand new spare parts for the type of heading machines AM-75 EX-S and MR340X-EX-S, working in underground mines extracting coal in explosive methane and coal dust. Lowest price is the criteria followed to award the contract going through an open procedure method.

The contract is not been covered by Government Procurement Agreement (GPA) and the third party sub-contracting will not be done in the process. The contractor is not selected through an electronic auction.

Copyright 2011 Euclid Infotech Pvt. Ltd., distributed by Contify.com


COPYRIGHT 2011 TendersInfo News

 

 

POLAND : Sandvik Mining and Construction Sp. z o.o. declared as winner of supply contract

                                                                                                                                                                                          

TendersInfo News
09 September 2011
                                                                                                                                                        

 

[What follows is the full text of the article.]

Jastrzebska Spolka Weglowa S.A. awarded contract to Sandvik Mining and Construction Sp. z o.o. for supply of tunnelling machinery. Contract is awarded as per open procedure.

Scope of work is renting heading machine along with the necessary equipment for JSW KWK "Borynia-Zofiowka" Borynia Movement. Two number of offers received for this tender. The contract is not been covered by government procurement agreement (GPA) and the third party sub-contracting will not be done in the process.

Financing for this contract is not done by any community funds. The tendering authority did not follow electronic auction process for selecting the bidder. The contracting authority is purchasing on behalf of other contracting authorities. The award criteria was of lowest price.

Copyright 2011 Euclid Infotech Pvt. Ltd., distributed by Contify.com


COPYRIGHT 2011 TendersInfo News

 

 

SWEDEN : Sandvik Mining and Construction procures Sandvik mining equipment worth $10 million

                                                                                                                                                                                          

TendersInfo News
20 August 2011
                                                                                                                                                               

 

[What follows is the full text of the article.]

Sandvik Mining and Construction, a Sweden headquartered multinational mining and construction equipment manufacturer has received a contract from Shandong Gold for the supply of 20 mining machines to its three mines operation in Shandong province in China. The equipment is designated for the Sanshan Island, Jiaojia and Xingcheng gold mines.

China's production gets 24 tonnes of gold a year from Shandong Gold's operations. The equipment will be delivered before the end of 2012, and will be included of Sandvik drill rigs, loaders and trucks. Through the support of new machines, the company will get better reliability as well as operating performance for the mines together with various productivity features.

General Manager of Hard Rock Mining, Vice President of Sandvik Mining and Construction Region EAS, Schubert Huang said, Sandvik was initially selected as we demonstrated a low risk option, an excellent understanding of their operations and the ability to deliver on all the required machines and services. This is a win-win and we look forward to our continuing relationship with Shandong Gold.

Shandong Gold Group is a major state-owned enterprise directly affiliated with the Shandong Provincial Government. It is a large listed company integrating exploration, exploitation and refining.

Copyright 2011 Euclid Infotech Pvt. Ltd., distributed by Contify.com


COPYRIGHT 2011 TendersInfo News

 

 

Sandvik hosts event in Latin America ..

                                                                                                                                                                                          

Stone World
01 July 2011
                                                                                                                                                                   

 

[What follows is the full text of the article.]

Following success of the 2010 Customer Days in Malaysia, China, North America and South Africa, Sandvik Mining and Construction recently hosted its first exclusive customer event of 2011. This time, the event focused on Latin America, with a display of products and capabilities aimed at the specific needs of this dynamic marketplace.

"Sandvik in Latin America Construction 2011" was held from May 24 to 26 in Sao Paolo, Brazil, with equipment demonstrations.

The customer event was planned on a grand scale in order to reflect Sandvik's commitment to the Latin American market. "Sandvik in Latin America Construction 2011 has again shown that Sandvik possesses solution focused products to appeal to customers on a global basis, and the team work and professionalism displayed by all involved in the customer event highlights Sandvik's commitment to Latin America," stated Thomas Schulz, President of the Construction Segment for Sandvik.


COPYRIGHT 2011 BNP Media

 

 

Sandvik Mining and Construction Oy Files Patent Application for Rock Drilling and Method of Breaking Rock

                                                                                                                                                                                          

Indian Patent News
09 May 2011
                                                                                                                                                                   

 

[What follows is the full text of the article.]

New Delhi, May 9 -- Finland based Sandvik Mining and Construction Oy filed patent application for rock drilling and method of breaking rock. The inventor is Jorma Leppanen.

Sandvik Mining and Construction Oy filed the patent application on Sept. 13, 2007. The patent application number is 4016/CHENP/2007 A. The international classification number is E21B7/00.

According to the Controller General of Patents, Designs & Trade Marks, "A method of breaking rock which includes the steps of drilling a hole in the rock using a drill rod; leaving the drill rod in the hole; using water flow to direct a propellant charge into the hole through a passage in the drill rod; and at a leading end of the drill rod, firing the propellant charge with, at least, the drill rod and water in the hole and passage providing a stemming function."

Copyright Contify.com


COPYRIGHT 2011 Indian Patent News

 

 

FINLAND : Sandvik Mining and Construction Finland Oy wins contract of 567 460 Euros

                                                                                                                                                                                          

TendersInfo News
30 April 2011
                                                                                                                                                                  

 

[What follows is the full text of the article.]

Helsingin Energia, Finland has awarded the contract of 567 460 Euros to Sandvik Mining and Construction Finland Oy for supply of lifting and handling equipment.

GPA has covered this contract with no possibility of sub-contracting. The contractor is not selected through an electronic auction.

Copyright 2011 Euclid Infotech Pvt. Ltd., distributed by Contify.com


COPYRIGHT 2011 TendersInfo News

 

 

Sandvik Mining and Construction Oy Files Patent Application for Percussion Device

                                                                                                                                                                                          

Indian Patent News
23 April 2011
                                                                                                                                                                  

 

[What follows is the full text of the article.]

New Delhi, April 23 -- Finland based Sandvik Mining and Construction Oy filed patent application for percussion device. The inventors are Mr. Markku Keskiniva, Mr. Jorma Maki, Mr. Mauri Esko and Mr. Erkki Ahola.

Sandvik Mining and Construction Oy filed the patent application on Aug. 27, 2007. The patent application number is 3728/CHENP/2007 A. The international classification number is B25D9/26.

According to the Controller General of Patents, Designs & Trade Marks, "The invention relates to a method for controlling the operation of a pressure fluid operated percussion device and to a pressure fluid operated percussion device. The method comprises influencing the shape of a stress wave by set- ting a suitable clearance between a transmission piston and a tool. The percussion device is provided with means for setting the clearance between the transmission piston and the tool."

Copyright Contify.com


COPYRIGHT 2011 Indian Patent News

 

 

Annual Profit & Loss

 

 

 

 

 

01-Dec-2010

01-Dec-2009

Period Length

12 Months

12 Months

Filed Currency

EUR

EUR

Exchange Rate (Period Average)

0.749339

0.723487

Consolidated

No

No

 

 

 

Total income

780.0

554.4

Cost of goods sold

678.7

576.5

Other operating costs

0.1

4.7

Total operating costs

633.1

557.8

Interest received from loans

-

12.8

Profit before tax

146.9

9.4

Total taxation

25.5

-0.9

Income before depreciation

146.9

-3.4

Profit before financial items

146.9

-3.4

Other financial expenses

0.0

-

Income/profit after financial items

146.9

9.4

Income before allocations

146.9

9.4

Net income

121.4

10.3

 

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

01-Dec-2010

01-Dec-2009

Filed Currency

EUR

EUR

Exchange Rate

0.765521

0.662537

Consolidated

No

No

 

 

 

Issued capital

150.1

173.4

Untaxed/reserves allocations

0.8

0.9

Non restricted equity

119.0

23.4

Total stockholders equity

295.9

227.8

Other long-term liabilities

11.3

10.6

Other current liabilities

233.6

190.9

Total current liabilities

265.3

222.7

Depreciable assets

89.8

109.2

Total non-current assets

118.5

152.5

Cash and liquid assets

323.7

191.2

Short-term investments

28.6

43.3

Other current assets

119.8

107.7

Total current assets

443.5

298.9

Total assets

562.0

451.4

 

 

 

Annual Ratios

Financials in: USD (mil)

 

 

 

01-Dec-2010

01-Dec-2009

Period Length

12 Months

12 Months

Filed Currency

EUR

EUR

Exchange Rate

0.765521

0.662537

Consolidated

No

No

 

 

 

Current ratio

1.90

1.60

Quick ratio

1.40

1.00

Asset turnover

0.01%

0.01%

Profit margin

0.19%

0.02%

Equity ratio

0.53%

0.51%

Interest on liabilities

0.03%

-

Risk margin

2,271.04%

1,515.26%

Net worth

295.9

227.8

Number of employees

1,456

1,508

 

 

 

Bottom of Form

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.51.89

UK Pound

1

Rs.83.18

Euro

1

Rs.68.06

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

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NB

                                       New Business

 

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This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.