MIRA INFORM REPORT

 

 

Report Date :

08.10.2013

 

IDENTIFICATION DETAILS

 

Name :

SANDVIK MINING AND CONSTRUCTION LYON SAS 

 

 

Registered Office :

19 Avenue Du Marechal De Lattre De Tassigny, Meyzieu, 69330

 

 

Country :

France

 

 

Financials (as on) :

31.12.2012

 

 

Date of Incorporation :

15.01.1955

 

 

Com. Reg. No.:

955509153

 

 

Legal Form :

Public Subsidiary Company

 

 

Line of Business :

Manufacturer of equipment and products for rock excavation operations for the mining and civil engineering applications

 

 

No. of Employees :

161

 

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, 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

France

A2

A2

 

Risk Category

ECGC Classification

 

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

france ECONOMIC OVERVIEW

 

The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. With at least 79 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that reduce income disparity and the impact of free markets on public health and welfare. France's real GDP contracted 2.6% in 2009, but recovered somewhat in 2010 and 2011, before stagnating in 2012. The unemployment rate increased from 7.4% in 2008 to 10.3% in 2012. Youth unemployment shot up to 24.2% during the third quarter of 2012 in metropolitan France. Lower-than-expected growth and high unemployment costs have strained France's public finances. The budget deficit rose sharply from 3.4% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4.5% of GDP in 2012, while France's public debt rose from 68% of GDP to 89% over the same period. Under President SARKOZY, Paris implemented some austerity measures to bring the budget deficit under the 3% euro-zone ceiling by 2013 and to highlight France's commitment to fiscal discipline at a time of intense financial market scrutiny of euro-zone debt. Socialist Party candidate Francois HOLLANDE won the May 2012 presidential election, after advocating pro-growth economic policies, the separation of banks' traditional deposit taking and lending activities from more speculative businesses, increasing the top corporate and personal tax rates, and hiring an additional 60,000 teachers during his five-year term. The government's attempt to introduce a 75% wealth tax on income over one million euros for two years was struck down by the French Constitutional Council in December 2012 because it applied to individuals rather than households. France ratified the EU fiscal stability treaty in October 2012 and HOLLANDE's government has maintained France's commitment to meeting the budget deficit target of 3% of GDP during 2013 even amid signs that economic growth will be lower than the government's forecast of 0.8%. Despite stagnant growth and fiscal challenges, France's borrowing costs declined during the second half of 2012 to euro-era lows.

 

Source : CIA

 


Company name & address

 

Sandvik Mining and Construction Lyon SAS                                                                                       

 

19 avenue du Marechal de Lattre de Tassigny

 

 

Meyzieu, 69330

France

 

 

Tel:

+33 04 72 45 22 00

Fax:

+33 04 78 31 79 80

 

Web:

www.
miningandconstruction.
sandvik.com/fr

 

Employees:

161

Company Type:

Public Subsidiary

Corporate Family:

364 Companies

Ultimate Parent:

Sandvik AB

 

 

Incorporation Date:

15-Jan-1955

Financials in:

 

 

Fiscal Year End:

31-Dec-2012

Reporting Currency:

Euro

Annual Sales:

185.9

Total Assets:

94.1

 

Business Description     

 

 

Manufacture of equipment and products for rock excavation operations for the mining and civil engineering applications

 

Industry

 

Industry

Construction Machinery Manufacturing

ANZSIC 2006:

2462 - Mining and Construction Machinery Manufacturing

ISIC Rev 4:

2824 - Manufacture of machinery for mining, quarrying and construction

NACE Rev 2:

2892 - Manufacture of machinery for mining, quarrying and construction

NAICS 2012:

333120 - Construction Machinery Manufacturing

UK SIC 2007:

2892 - Manufacture of machinery for mining, quarrying and construction

US SIC 1987:

3531 - Construction Machinery and Equipment

 

Key Executives   

 

Name

Title

Philippe Bois

President

Regis Margain

President

 

 

             

 

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7782366
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7566

 

 

Corporate Overview

 

spinner

Location
19 avenue du Marechal de Lattre de Tassigny
Meyzieu, 69330
France

 

Tel:

+33 04 72 45 22 00

Fax:

+33 04 78 31 79 80

 

www.miningandconstruction.sandvik.com

Sales EUR(mil):

144.6

Assets EUR(mil):

71.2

Employees:

161

Fiscal Year End:

31-Dec-2012

 

KeyIDSM:

49156073

Industry:

Construction and Agriculture Machinery

Incorporation Date:

15-Jan-1955

Company Type:

Public Subsidiary

Quoted Status:

Not Quoted

Registered No.(FRA):

955509153

 

President:

Philippe Bois

 

Industry Codes

 

ANZSIC 2006 Codes:

2462

-

Mining and Construction Machinery Manufacturing

 

ISIC Rev 4 Codes:

2824

-

Manufacture of machinery for mining, quarrying and construction

 

NACE Rev 2 Codes:

2892

-

Manufacture of machinery for mining, quarrying and construction

 

NAICS 2012 Codes:

333120

-

Construction Machinery Manufacturing

333131

-

Mining Machinery and Equipment Manufacturing

 

US SIC 1987:

3531

-

Construction Machinery and Equipment

3532

-

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

 

UK SIC 2007:

2892

-

Manufacture of machinery for mining, quarrying and construction

28921

-

Manufacture of machinery for mining

Business Description

Manufacture of equipment and products for rock excavation operations for the mining and civil engineering applications

More Business Descriptions

Mining & Construction Equipment Mfr

 

Sandvik Mining And Construc Lyon Sas 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.

 

Other Non-Metallic Mineral Mining and Quarrying

 

 

 

 

 

 

 

Financial Data

Financials in:

EUR(mil)

 

Revenue:

144.6

Assets:

71.2

Current Assets:

68.3

 

Total Liabilities:

71.2

 

Issued Capital:

8.1

 

Net Worth:

34.1

 

 

 

Date of Financial Data:

31-Dec-2012

 

1 Year Growth

15.1%

NA

 

Key Corporate Relationships

Bank:

Bnp Paribas, Cic Lyonnaise De Banque

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Family

Corporate Structure News:

 

Sandvik AB
Sandvik Mining and Construction Lyon SAS

Sandvik Mining and Construction Lyon SAS
Total Corporate Family Members: 364

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

 

Sandvik AB

Parent

Sandviken

Sweden

Machinery and Equipment Manufacturing

14,542.7

47,801

 

Acquisition of Precorp Inc proposed/announced.See corporate structure news on Sandvik AB for details

Sandvik Tooling AB

Division

Sandviken

Sweden

Holding Companies

 

15,296

 

AB Sandvik Coromant

Subsidiary

Sandviken

Sweden

Holding Companies

 

8,000

 

Sandvik Coromant - Brazil

Unit

Sao Paulo, SP

Brazil

Construction and Hardware Materials Wholesale

 

600

 

Sandvik Coromant

Unit

Santiago

Chile

Machinery and Equipment Manufacturing

 

300

 

Sandvik Coromant - France

Unit

Orleans

France

Machinery and Equipment Manufacturing

 

200

 

Sandvik Coromant - Italy

Unit

Milan

Italy

Machinery and Equipment Manufacturing

 

150

 

Sandvik Coromant

Unit

Moscow

Russian Federation

Machinery and Equipment Manufacturing

 

100

 

Sandvik Coromant Sverige AB

Subsidiary

Kista

Sweden

Machinery and Equipment Manufacturing

 

90

 

Sandvik Coromant - Germany

Unit

Dusseldorf

Germany

Construction and Hardware Materials Wholesale

 

80

 

Sandvik Coromant

Unit

Singapore

Singapore

Industrial Machinery Repair and Maintenance

 

60

 

Sandvik Coromant

Unit

Warsaw

Poland

Machinery Wholesale

 

30

 

Sandvik Coromant Pty Ltd

Unit

Dandenong, VIC

Australia

Machinery and Equipment Manufacturing

 

30

 

Sandvik Coromant

Unit

Helsinki

Finland

Machinery and Equipment Manufacturing

 

20

 

Sandvik Coromant - US

Unit

Fair Lawn, NJ

United States

Construction and Hardware Materials Wholesale

 

 

 

Sandvik Coromant - UK

Unit

Halesowen

United Kingdom

Machinery and Equipment Manufacturing

 

 

 

Sandvik Coromant

Unit

Minsk

Belarus

Machinery and Equipment Manufacturing

 

 

 

Sandvik Coromant A/S

Unit

Brondby

Denmark

Machinery and Equipment Manufacturing

 

 

 

Sandvik Coromant Benelux BV

Unit

Zaventem

Belgium

Machinery and Equipment Manufacturing

 

 

 

AB Sandvik Hard Materials

Subsidiary

Sandviken

Sweden

Metal Products Manufacturing

 

1,500

 

Sandvik Hard Materials - UK

Unit

Coventry

United Kingdom

Metal Products Manufacturing

 

350

 

Sandvik Hard Materials Taiwan Pty. Ltd.

Unit

Chung-li

Taiwan

Metal Products Manufacturing

 

140

 

Sandvik Hard Materials S.A.S.

Unit

Epinouze

France

Metal Products Manufacturing

67.4

134

 

Sandvik Hard Materials Pty. Ltd.

Unit

Mayfield, NSW

Australia

Metal Products Manufacturing

 

50

 

Sandvik Hard Materials - US

Unit

Oxford, MI

United States

Metal Products Manufacturing

 

 

 

Sandvik Hard Materials - Germany

Unit

Dusseldorf

Germany

Construction and Hardware Materials Wholesale

 

 

 

Sandvik Hard Materials - Italy

Unit

Milan

Italy

Construction and Hardware Materials Wholesale

 

 

 

Sandvik Hard Materials (Wuxi) Co., Ltd.

Unit

Wuxi, Jiangsu

China

Metal Products Manufacturing

 

 

 

Sandvik Hard Materials - Austria

Unit

Vienna

Austria

Construction and Hardware Materials Wholesale

 

 

 

Sandvik Hard Materials Asia Pvt. Ltd.

Unit

Pune

India

Machinery Wholesale

 

 

 

Sandvik Hard Materials Norden AB

Subsidiary

Sandviken

Sweden

Machinery and Equipment Manufacturing

 

 

 

Sandvik Hard Materials Ltd.

Unit

Siheung

Korea, Republic of

Machinery and Equipment Manufacturing

 

 

 

AB Sandvik Hard Materials - Martorelles Production Unit

Unit

Barcelona

Spain

Machinery and Equipment Manufacturing

 

 

 

Walter AG

Subsidiary

Tübingen, Baden-Württemberg

Germany

Machinery and Equipment Manufacturing

281.4

1,300

 

Walter Deutschland GmbH

Subsidiary

Frankfurt Am Main, Hessen

Germany

Machinery and Equipment Manufacturing

204.7

350

 

Valter Ooo

Subsidiary

St. Petersburg

Russian Federation

Construction and Hardware Materials Wholesale

15.0

340

 

Walter France S.A.S.

Subsidiary

Soultz-sous-Forets

France

Holding Companies

53.4

74

 

Walter Tools India Pvt. Ltd.

Subsidiary

Pune

India

Machinery and Equipment Manufacturing

 

70

 

Walter Italia S.R.L.

Subsidiary

Cadorago

Italy

Machinery and Equipment Manufacturing

55.0

67

 

Walter Austria GmbH

Subsidiary

Vienna

Austria

Construction and Hardware Materials Wholesale

28.9

60

 

Walter Polska Sp Z O O

Subsidiary

Warszawa

Poland

Machinery Wholesale

13.5

30

 

Walter Hungaria Szerszam-, Szerszamgepgyarto Es Kereskedelmi Korlatolt Felelossegu Tarsasa

Subsidiary

Budapest

Hungary

Miscellaneous Wholesale

11.3

21

 

Werner Schmitt PKD-Werkzeug GmbH

Subsidiary

Niefern-Öschelbronn, Baden-Württemberg

Germany

Machinery and Equipment Manufacturing

7.6

58

 

Walter Gb Ltd.

Subsidiary

Bromsgrove

United Kingdom

Machinery Wholesale

24.8

43

 

OOO Walter

Subsidiary

Saint Petersburg

Russian Federation

Machinery Wholesale

 

40

 

Walter Korea Ltd.

Subsidiary

Anyang, Gyeonggi-do

Korea, Republic of

Machinery and Equipment Manufacturing

 

35

 

Walter (Schweiz) AG

Subsidiary

Solothurn

Switzerland

Machinery and Equipment Manufacturing

 

35

 

Walter Cutting Tools Industry and Trade LLC

Subsidiary

Istanbul

Turkey

Machinery Wholesale

 

18

 

Walter Norden AB

Subsidiary

Halmstad

Sweden

Machinery and Equipment Manufacturing

17.4

15

 

Walter Benelux

Subsidiary

Sint-Stevens-Woluwe

Belgium

Machinery and Equipment Manufacturing

17.4

15

 

Walter AG Singapore Pte. Ltd.

Subsidiary

Singapore

Singapore

Machinery and Equipment Manufacturing

 

13

 

Walter Australia Pty. Ltd.

Subsidiary

Hallam, VIC

Australia

Machinery and Equipment Manufacturing

2.1

10

 

Walter USA, LLC

Subsidiary

Waukesha, WI

United States

Machinery and Equipment Manufacturing

 

7

 

Walter do Brasil Ltda.

Subsidiary

Sorocaba, Sao Paulob

Brazil

Machinery and Equipment Manufacturing

 

 

 

Walter CZ s.r.o.

Subsidiary

Kurim

Czech Republic

Machinery and Equipment Manufacturing

 

 

 

Walter Wuxi Co. Ltd.

Subsidiary

Wuxi, Jiangsu

China

Machinery and Equipment Manufacturing

 

 

 

Walter Tooling Japan K.K.

Subsidiary

Nagoya, Aichi

Japan

Machinery and Equipment Manufacturing

 

 

 

Walter (Thailand) Co., Ltd.

Subsidiary

Bangkok

Thailand

Industrial Machinery Repair and Maintenance

 

 

 

Walter Malaysia Sdn. Bhd.

Subsidiary

Subang Jaya, Selangor Darul Ehsan

Malaysia

Machinery and Equipment Manufacturing

 

 

 

Walter Tools S.A. de C.V.

Subsidiary

Saltillo, Coahuila de Zaragoza

Mexico

Machinery and Equipment Manufacturing

 

 

 

Dormer Tools Ltd.

Subsidiary

Rotherham

United Kingdom

Miscellaneous Manufacturing

29.4

50

 

Dormer Tools S.A.

Subsidiary

Sao Paulo, SP

Brazil

Metal Products Manufacturing

 

500

 

Sandvik Tooling Deutschland GmbH

Subsidiary

Düsseldorf, Nordrhein-Westfalen

Germany

Construction and Hardware Materials Wholesale

497.9

300

 

Sandvik Tooling Deutschland Gmbh

Branch

Renningen, Baden-Württemberg

Germany

Grocery Wholesale

 

 

 

Precision Dormer

Unit

Crystal Lake, IL

United States

Machinery and Equipment Manufacturing

1.6

300

 

Precision Dormer Canada

Unit

Mississauga, ON

Canada

Construction and Hardware Materials Wholesale

39.7

50

 

Dormer Tools AB

Subsidiary

Halmstad

Sweden

Machinery and Equipment Manufacturing

48.7

187

 

Dormer Tools - France

Unit

Orleans

France

Construction and Hardware Materials Wholesale

 

15

 

Dormer Tools - Italy

Unit

Milan

Italy

Machinery and Equipment Manufacturing

 

 

 

Sandvik Tooling France S.A.S.

Subsidiary

Bonneville

France

Metals and Minerals Wholesale

 

 

 

Sandvik Mining & Construction AB

Division

Sandviken

Sweden

Holding Companies

 

14,429

 

Sandvik Mining & Construction R.S.A. (Pty) Ltd.

Subsidiary

Boksburg

South Africa

Machinery Wholesale

 

2,300

 

Sandvik Mining and Construction Zambia Ltd

Subsidiary

Kitwe

Zambia

Metals and Minerals Wholesale

 

450

 

Sandvik Mining and Construction Zimbabwe (Pvt) Ltd

Subsidiary

Harare

Zimbabwe

Machinery Wholesale

 

140

 

Sandvik Mining and Construction Redhead Pty Ltd

Subsidiary

Eagle Farm, QLD

Australia

Machinery and Equipment Manufacturing

 

2,000

 

Sandvik Mining and Construction Australia Pty Ltd

Subsidiary

Eagle Farm, QLD

Australia

Machinery and Equipment Manufacturing

588.7

1,490

 

Sandvik Mining & Construction Perth Pty. Ltd.

Subsidiary

Bayswater, WA

Australia

Machinery Wholesale

 

200

 

Sandvik Mining & Construction Chile S.A.

Subsidiary

Santiago

Chile

Machinery Wholesale

 

600

 

Sandvik Argentina S.A.

Subsidiary

San Justo, Buenos Aires

Argentina

Machinery and Equipment Manufacturing

36.9

370

 

Sandvik Mining & Construction Sverige AB

Subsidiary

Sandviken

Sweden

Machinery Wholesale

 

550

 

Sandvik Mining & Construction Haparanda AB

Facility

Haparanda

Sweden

Machinery and Equipment Manufacturing

 

50

 

Sandvik Mining & Construction Central Europe GmbH

Subsidiary

Essen, Nordrhein-Westfalen

Germany

Machinery Wholesale

424.7

350

 

Sandvik Mining & Construction Supply GmbH

Subsidiary

Schoppenstedt

Germany

Machinery and Equipment Manufacturing

 

135

 

Sandvik Mining and Construction do Brasil S.A.

Subsidiary

Belo Horizonte, Minas Gerais

Brazil

Machinery Wholesale

 

250

 

Sandvik Mining & Construction Logistics Limited

Subsidiary

Dublin

Ireland

Machinery and Equipment Manufacturing

1,256.4

170

 

Sandvik Mining And Construction Ltd.

Subsidiary

Swadlincote

United Kingdom

Miscellaneous Wholesale

7.7

88

 

Sandvik Mining & Construction de Mexico S.A. de C.V.

Subsidiary

Tlaquepaque, Jalisco

Mexico

Metal Products Manufacturing

 

62

 

Sandvik Mining & Construction CIS LLC

Subsidiary

Moscow

Russian Federation

Machinery Wholesale

 

60

 

Sandvik Mining & Construction Kazakhstan Ltd.

Subsidiary

Almaty

Kazakhstan

Machinery Wholesale

 

42

 

Sandvik Tamrock A/S

Subsidiary

Skjetten

Norway

Machinery Wholesale

74.9

50

 

Sandvik Mining and Construction

Subsidiary

Ankara, Yeni Mahalle

Turkey

Machinery and Equipment Manufacturing

 

40

 

Sandvik Mining & Construction Middle East

Subsidiary

Dubai

United Arab Emirates

Machinery Wholesale

 

10

 

Sandvik Mining and Construction Nigeria Ltd

Subsidiary

Lagos

Nigeria

Metals and Minerals Wholesale

 

4

 

P.T. Sandvik Mining and Construction Indonesia

Subsidiary

Balikpapan

Indonesia

Machinery Wholesale

 

 

 

Sandvik Espanola S.A., Mining & Construction

Subsidiary

Madrid

Spain

Machinery Wholesale

 

 

 

Sandvik Mining & Construction (China) Co., Ltd.

Subsidiary

Beijing

China

Machinery Wholesale

 

 

 

Sandvik Mining & Construction Trading (Shanghai) Co., Ltd.

Subsidiary

Shanghai

China

Miscellaneous Professional Services

 

200

 

Sandvik Mining & Construction Hong Kong

Subsidiary

Tsuen Wan

Hong Kong

Machinery Wholesale

 

8

 

Sandvik Mining and Construction Mali SARL

Subsidiary

Bamako

Mali

Machinery Wholesale

 

 

 

Sandvik Mining and Construction Japan K.K.

Subsidiary

Yokohama

Japan

Machinery and Equipment Manufacturing

 

 

 

Sandvik Mining and Construction (Malaysia) Sdn. Bhd

Subsidiary

Shah Alam

Malaysia

Machinery and Equipment Manufacturing

 

 

 

Sandvik Mining and Construction Central Europe GmbH

Subsidiary

Zeltweg

Austria

Machinery Wholesale

 

 

 

AB Sandvik Materials Technology

Division

Sandviken

Sweden

Holding Companies

12.5

8,200

 

Sandvik Materials Technology - India

Unit

Pune

India

Metals and Minerals Wholesale

 

800

 

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

Subsidiary

Chomutov

Czech Republic

Metal Products Manufacturing

236.5

583

 

Sandvik Heating Technology AB

Subsidiary

Hallstahammar

Sweden

Electrical Equipment and Appliances Manufacturing

242.0

523

 

Sandvik Materials Technology do Brasil S.A. Ind. Com.

Subsidiary

Sao Paulo, SP

Brazil

Construction and Hardware Materials Wholesale

 

500

 

Sandvik Wire & Heating Technology Corporation

Subsidiary

Bethel, CT

United States

Metal Products Manufacturing

 

100

 

ZN der Sandvik Materials Technology Deutschland GmbH

Subsidiary

Morfelden

Germany

Construction and Hardware Materials Wholesale

 

72

 

Kanthal Electroheat (SEA) Pte Ltd

Subsidiary

Singapore

Singapore

Electromedical and Control Instruments Manufacturing

 

6

 

Sandvik Materials Technology France S.A.S.

Subsidiary

Orleans

France

Machinery Wholesale

35.9

300

 

Sandvik Materials Technology - Canada

Unit

Arnprior, ON

Canada

Metal Products Manufacturing

134.0

200

 

Sandvik Materials Technology UK Ltd.

Subsidiary

Perth

United Kingdom

Miscellaneous Manufacturing

62.4

180

 

Sandvik Heating Technology UK

UK Branch/Trading address

Perth

United Kingdom

Electrical Equipment and Appliances Manufacturing

62.4

75

 

AB Sandvik Process Systems

Subsidiary

Sandviken

Sweden

Metal Products Manufacturing

 

110

 

Sandvik Process Systems - Germany

Unit

Fellbach

Germany

Machinery Wholesale

 

90

 

Sandvik Process Systems, LLC

Subsidiary

Totowa, NJ

United States

Metal Products Manufacturing

12.3

72

 

Sandvik Process Systems - Canada

Unit

Guelph, ON

Canada

Machinery Wholesale

14.5

15

 

Sandvik Process Systems - Italy

Unit

Milan

Italy

Machinery Wholesale

 

13

 

Sandvik Process Systems - Netherlands

Unit

Schiedam

Netherlands

Machinery Wholesale

 

7

 

Sandvik Process Systems - UK

Unit

Halesowen

United Kingdom

Machinery Wholesale

 

6

 

Sandvik MKTC OAO

Subsidiary

Moscow

Russian Federation

Machinery Wholesale

 

5

 

Sandvik Process Systems (Shanghai) Co. Ltd.

Unit

Shanghai

China

Metals and Minerals Wholesale

 

 

 

Sandvik Holding GmbH

Subsidiary

Düsseldorf, Nordrhein-Westfalen

Germany

Metal Products Manufacturing

205.0

70

 

Kanthal Elektrowärme GmbH

Subsidiary

Mörfelden-Walldorf, Hessen

Germany

Basic Chemical Manufacturing

 

1

 

Sandvik Materials Technology - Hungary

Unit

Budapest

Hungary

Metals and Minerals Wholesale

 

30

 

Sandvik Materials Technology EMEA AB

Subsidiary

Kista

Sweden

Metals and Minerals Wholesale

421.0

16

 

Sandvik Stal Forsaljnings AB

Subsidiary

Kista

Sweden

Metals and Minerals Wholesale

 

9

 

AB Sandvik Service

Subsidiary

Sandviken

Sweden

Miscellaneous Professional Services

 

6,000

 

Sanvik Holding France SAS

Subsidiary

OrlEans

France

Machinery Wholesale

7.0

426

 

Safety Production Sas

Subsidiary

Clichy

France

Machinery and Equipment Manufacturing

42.6

224

 

Seco Tools AB

Subsidiary

Fagersta

Sweden

Machinery and Equipment Manufacturing

812.9

5,306

 

SECO TOOLS GmbH

Subsidiary

Erkrath, Nordrhein-Westfalen

Germany

Machinery and Equipment Manufacturing

125.9

5,595

 

Pramet Tools, s.r.o.

Subsidiary

Å umperk

Czech Republic

Machinery and Equipment Manufacturing

89.5

709

 

Pramet Ooo

Subsidiary

Moscow

Russian Federation

Metal Products Manufacturing

13.9

89

 

Pramet SRL

Subsidiary

Lainate, Milano

Italy

Machinery Wholesale

4.2

5

 

Seco Tools Italia SpA

Subsidiary

Guanzate, Como

Italy

Construction and Hardware Materials Wholesale

73.5

178

 

Jabro Tools B.V.

Subsidiary

Lottum, Limburg

Netherlands

Metal Products Manufacturing

28.1

115

 

Seco Tools Industria e Comercio Ltda

Subsidiary

Sorocaba, Sao Paulo

Brazil

Metal Products Manufacturing

 

89

 

Seco Tools

Subsidiary

Huntingwood , NSW

Australia

Metal Products Manufacturing

4.1

40

 

Aob

Subsidiary

Bourges

France

Machinery and Equipment Manufacturing

6.1

34

 

Seco Tools España Sa

Subsidiary

Cornella De Llobregat, Barcelona

Spain

Professional and Commercial Equipment Wholesale

17.0

32

 

Seko Tuls Ooo

Subsidiary

Moscow

Russian Federation

Metal Products Manufacturing

8.4

32

 

Seco Tools Benelux Societe Anonyme

Subsidiary

Braine-L'alleud

Belgium

Machinery Wholesale

19.5

29

 

Seco Tools Korea Co., Ltd.

Subsidiary

Chonan, Chungchongnam-Do

Korea, Republic of

Machinery and Equipment Manufacturing

 

23

 

Alfa Tool International AB

Subsidiary

Malmö, Skåne

Sweden

Machinery and Equipment Manufacturing

14.5

20

 

Seco Tools Kereskedelmi Korlatolt Felelossegu Tarsasag

Subsidiary

Budapest

Hungary

Miscellaneous Wholesale

8.7

19

 

Seco Tools (SEA) Pte Ltd

Subsidiary

Singapore

Singapore

Machinery and Equipment Manufacturing

 

16

 

Niagara Cutter LLC

Subsidiary

Amherst, NY

United States

Machinery and Equipment Manufacturing

 

15

 

Niagara Cutter LLC

Branch

Reynoldsville, PA

United States

Machinery and Equipment Manufacturing

303.9

140

 

NC Industries Inc

Branch

Buffalo, NY

United States

Miscellaneous Manufacturing

2.6

15

 

Seco Kestak Kesici Takimlar Makina Sanayi Ve Ticaret A S

Subsidiary

Istanbul

Turkey

Construction and Hardware Materials Wholesale

 

12

 

Seco Tools India Private Limited

Subsidiary

Pune

India

Machinery and Equipment Manufacturing

23.6

 

 

Seco Tools Oy

Subsidiary

Vantaa

Finland

Construction and Hardware Materials Wholesale

10.4

 

 

Pramet Scandinavia Ab

Subsidiary

Fagersta, Västmanland

Sweden

Nonclassifiable Establishments

 

 

 

Alg Firma Ooo

Subsidiary

Moscow

Russian Federation

Metal Products Manufacturing

14.3

156

 

Seco Tools Aktiebolag

Subsidiary

 

 

 

 

 

 

Seco Tools (Poland) Sp Z O O

Subsidiary

Warszawa

Poland

Machinery Wholesale

8.0

16

 

Sandvik Venture AB

Subsidiary

Stockholm

Sweden

Machinery and Equipment Manufacturing

1,199.9

4,100

 

TPS Technopartner Samtronic GmbH

Subsidiary

Göppingen, Baden-Württemberg

Germany

Machinery and Equipment Manufacturing

 

42

 

Recently acquired (previously owned by TPS Technopartner Samtronic GmbH).See corporate structure news on Sandvik AB for details

Sandvik Mining and Construction Adelaide Pty. Ltd.

Subsidiary

South Australia, SA

Australia

Specialty Construction Trade Contractors

1,252.7

2,250

 

Sandvik China Holding Co Ltd

Subsidiary

Beijing

China

Metals and Minerals Wholesale

738.7

2,074

 

Sandvik Tooling Round Tools Langfang Co., Ltd.

Subsidiary

Langfang, Hebei

China

Machinery and Equipment Manufacturing

 

100

 

Sandvik Tooling Production (Langfang) Co., Ltd.

Subsidiary

Langfang, Hebei

China

Metal Products Manufacturing

 

 

 

Sandvik Tooling Sales & Trade (Shanghai) Co., Ltd.

Subsidiary

Shanghai, Shanghai

China

Machinery Wholesale

 

 

 

Sandvik Mexicana S.A. de C.V.

Subsidiary

Tlalnepantla

Mexico

Metal Products Manufacturing

 

2,000

 

Sandvik Mining & Construction RSA (Pty) Ltd

Subsidiary

Johannesburg

South Africa

Machinery Wholesale

 

1,500

 

Sandvik (Pty.) Ltd.

Subsidiary

Boksburg

South Africa

Construction and Hardware Materials Wholesale

 

1,200

 

Sandvik Asia Private Limited

Subsidiary

Pune, Maharashtra

India

Machinery and Equipment Manufacturing

 

1,072

 

Sandvik Steel Asia Private Limited

Subsidiary

Mehsana, Gujarat

India

Metal Products Manufacturing

 

800

 

Diamond Innovations, Inc.

Subsidiary

Columbus, OH

United States

Non-Metallic Mineral Product Manufacturing

1,175.8

650

 

Diamond Innovations International, Inc. - European Headquarters

Unit

Dreieich

Germany

Machinery Wholesale

 

25

 

Diamond Innovations International Sales

Subsidiary

Dublin

Ireland

Machinery and Equipment Manufacturing

101.7

10

 

Diamond Innovations International, Inc. - Pacific Headquarters

Unit

Tokyo

Japan

Machinery Wholesale

 

1

 

Sandvik de MExico, S.A. de C.V.

Subsidiary

MExico, D.F.

Mexico

Metals and Minerals Wholesale

273.7

550

 

Sandvik Mining and Construction GmbH

Subsidiary

Zeltweg

Austria

Machinery and Equipment Manufacturing

247.3

545

 

Sandvik Mining And Construction Sp Z O O

Subsidiary

Tychy

Poland

Machinery and Equipment Manufacturing

94.1

140

 

Sandvik Construction Mobile Crushers And Screens Ltd.

Subsidiary

Swadlincote

United Kingdom

Machinery and Equipment Manufacturing

249.6

543

 

Extec Screens & Crushers (Ni) Ltd.

Subsidiary

Dungannon

United Kingdom

Miscellaneous Professional Services

 

 

 

Prototyp-Werke GmbH Fabrik für Präzisionswerkzeuge

Subsidiary

Zell Am Harmersbach, Baden-Württemberg

Germany

Machinery and Equipment Manufacturing

117.1

500

 

Sandvik del Perú S.A.

Subsidiary

Lima

Peru

Metals and Minerals Wholesale

 

500

 

Sandvik Italia SpA

Subsidiary

Milano, MI

Italy

Metals and Minerals Wholesale

339.3

497

 

Sandvik Ltd.

Subsidiary

Halesowen

United Kingdom

Miscellaneous Manufacturing

259.5

491

 

Bta Heller Drilling Systems Ltd.

Subsidiary

Cirencester

United Kingdom

Miscellaneous Manufacturing

0.0

25

 

Sandvik do Brasil S.A. Indústria e ComErcio

Subsidiary

São Paulo, SP

Brazil

Metal Products Manufacturing

124.0

485

 

Sandvik Española Sa

Subsidiary

Martorelles, Barcelona

Spain

Machinery and Equipment Manufacturing

142.5

435

 

Sandvik Chile S.A.

Subsidiary

Santiago

Chile

Construction and Hardware Materials Wholesale

100.0

400

 

Seco Tools France

Subsidiary

Bourges

France

Machinery and Equipment Manufacturing

102.7

374

 

Wolfram Bergbau und Hutten AG

Subsidiary

Sankt Martin im Sulmtal

Austria

Metals Mining

210.7

315

 

Gunther Tools S.A.S.

Subsidiary

Soultz-sous-Forets

France

Machinery and Equipment Manufacturing

50.6

302

 

LLC Sandvik

Subsidiary

Moscow

Russian Federation

Construction and Hardware Materials Wholesale

 

300

 

LLC Sandvik - Sandvik Coromant Division

Division

Moscow

Russian Federation

Machinery and Equipment Manufacturing

 

 

 

Sandvik MGS S.A.

Subsidiary

Belo Horizonte, MG

Brazil

Machinery and Equipment Manufacturing

244.0

280

 

Sandvik Materials Technology - USA

Division

Clarks Summit, PA

United States

Metal Products Manufacturing

 

260

 

Sandvik Hard Materials

Branch

West Branch, MI

United States

Non-Metallic Mineral Product Manufacturing

490.7

160

 

Sandvik Palm Coast

Branch

Palm Coast, FL

United States

Metals and Minerals Wholesale

252.7

100

 

Sandvik Wire & Heating

Branch

Bethel, CT

United States

Metal Products Manufacturing

47.2

100

 

Sandvik Special Metals LLC

Subsidiary

Kennewick, WA

United States

Metal Products Manufacturing

17.3

100

 

Sandvik Hard Materials

Branch

Minneapolis, MN

United States

Metal Products Manufacturing

11.8

50

 

Sandvik Materials Technology

Branch

Houston, TX

United States

Metal Products Manufacturing

27.7

15

 

Sandvik Heating Technology

Branch

Amherst, NY

United States

Construction and Hardware Materials Wholesale

34.1

13

 

Sandvik Process Systems Inc

Branch

Chicago, IL

United States

Machinery and Equipment Manufacturing

2.3

9

 

Sandvik Heating Technology

Branch

Brownsville, TX

United States

Electronics Wholesale

5.5

4

 

Sandvik Hard Materials

Branch

Auburn Hills, MI

United States

Performing Arts

1.3

4

 

Sandvik Osprey Limited

Branch

Aliso Viejo, CA

United States

Metals and Minerals Wholesale

8.0

3

 

Sandvik Thermal Process Inc

Branch

Poynette, WI

United States

Construction and Hardware Materials Wholesale

5.9

3

 

Sandvik Thermal Process Inc

Branch

Pembroke, MA

United States

Construction and Hardware Materials Wholesale

4.7

2

 

Sandvik, Inc.

Subsidiary

Fair Lawn, NJ

United States

Holding Companies

 

250

 

Sandvik, Inc.

Branch

S Abingtn Twp, PA

United States

Metal Products Manufacturing

 

350

 

Sandvik Coromant Co

Subsidiary

Fair Lawn, NJ

United States

Metal Products Manufacturing

149.3

200

 

Sandvik Tooling Supply

Branch

Mebane, NC

United States

Machinery and Equipment Manufacturing

31.0

150

 

Sandvik Coromant Co

Branch

Stafford, TX

United States

Machinery and Equipment Manufacturing

344.0

110

 

Sandvik Coromant Co

Branch

Pontiac, MI

United States

Business Support Services

18.6

100

 

Sandvik Coromant Co

Branch

Sugar Land, TX

United States

Machinery Wholesale

15.6

5

 

Sandvik Coromant Co

Branch

Eureka, IL

United States

Machinery Wholesale

11.8

4

 

Sandvik Thermal Process, Inc.

Subsidiary

Sonora, CA

United States

Machinery and Equipment Manufacturing

 

185

 

Sandvik Mining & Construction USA, LLC

Subsidiary

Smyrna, GA

United States

Holding Companies

 

50

 

Sandvik Mining & Construction USA, LLC - Alachua Plant

Facility

Alachua, FL

United States

Machinery and Equipment Manufacturing

58.8

250

 

Sandvik Mining & Construction

Branch

Bristol, VA

United States

Metal Products Manufacturing

33.7

200

 

Sandvik Mining & Construction Canada Inc.

Subsidiary

Lively, ON

Canada

Holding Companies

 

140

 

Sandvik Mining & Construction Canada Inc. - Burlington Plant

Facility

Burlington, ON

Canada

Machinery and Equipment Manufacturing

 

175

 

Sandvik Mining & Construction

Branch

North Bay, ON

Canada

Metal Products Manufacturing

15.4

70

 

Sandvik Mining & Construction

Branch

Val-D'Or, QC

Canada

Machinery Wholesale

42.9

40

 

Sandvik Mining & Construction

Branch

Chateauguay, QC

Canada

Machinery Wholesale

26.7

25

 

Sandvik Mining & Construction Canada Inc. - Surrey

Branch

Surrey, BC

Canada

Machinery Wholesale

3.5

10

 

Sandvik Tamrock Canada LTD

Branch

Leduc, AB

Canada

Machinery Wholesale

6.5

6

 

Sandvik Mining & Construction

Branch

Laval, QC

Canada

Machinery Wholesale

6.5

6

 

Sandvik Mining & Construction

Branch

Saskatoon, SK

Canada

Machinery Wholesale

6.4

6

 

Sandvik Mining & Construction

Branch

Yellowknife, NT

Canada

Machinery Wholesale

5.4

5

 

Sandvik Mining & Construction

Branch

Calgary, AB

Canada

Non-Metallic Minerals Mining

1.1

3

 

Sandvik Mining & Construction

Branch

Cornwall, ON

Canada

Miscellaneous Store Retailers

0.8

3

 

Sandvik Mining & Construction

Branch

Creighton, SK

Canada

Miscellaneous Store Retailers

0.5

2

 

Sandvik Mining & Construction

Branch

Elko, NV

United States

Non-Metallic Minerals Mining

7.2

32

 

Sandvik Mining & Construction

Branch

Milwaukee, WI

United States

Non-Metallic Minerals Mining

2.1

18

 

Sandvik Mining & Construction

Branch

Missoula, MT

United States

Machinery Wholesale

8.8

5

 

Sandvik Mining & Construction

Branch

Grand Junction, CO

United States

Non-Metallic Minerals Mining

1.4

5

 

Sandvik Mining & Construction

Branch

Billings, MT

United States

Miscellaneous Store Retailers

1.1

5

 

Sandvik Mining & Construction

Branch

Republic, PA

United States

Non-Metallic Minerals Mining

1.0

5

 

Sandvik Mining & Construction

Branch

Spokane Valley, WA

United States

Machinery Wholesale

8.8

4

 

Sandvik Mining & Construction

Branch

Corona, CA

United States

Non-Metallic Minerals Mining

1.1

3

 

Sandvik Mining & Construction

Branch

Virginia, MN

United States

Machinery Wholesale

2.4

1

 

Sandvik Steel Strip Division

Division

Benton Harbor, MI

United States

Metal Products Manufacturing

44.9

40

 

Sandvik Inc

Branch

Cypress, CA

United States

Professional and Management Training

 

4

 

Santrade Ltd.

Subsidiary

Schiedam, Zuid-Holland

Netherlands

Metals and Minerals Wholesale

 

210

 

Sandvik Mining and Construction Ghana Ltd

Subsidiary

Accra

Ghana

Metals and Minerals Wholesale

 

200

 

Sandvik Mining and Construction Lyon SAS

Subsidiary

Meyzieu

France

Construction Machinery Manufacturing

185.9

161

 

Sandvik SMC Breakers Lahti

Subsidiary

Lahti

Finland

Machinery Wholesale

 

160

 

Sandvik Mining and Construction France SAS

Subsidiary

Meyzieu

France

Machinery Wholesale

147.7

131

 

Sandvik South East Asia Pte Ltd

Subsidiary

Singapore

Singapore

Machinery Wholesale

671.4

120

 

Sandvik Medical Solutions

Subsidiary

Oregon City, OR

United States

Metal Products Manufacturing

27.7

117

 

Cinetic Sorting SpA

Subsidiary

Lonate Pozzolo, Varese

Italy

Machinery and Equipment Manufacturing

50.2

116

 

Teeness ASA

Subsidiary

Trondheim

Norway

Machinery and Equipment Manufacturing

37.7

115

 

Sandvik Mining and Construction S.E. Asia Pte. Ltd.

Subsidiary

Singapore

Singapore

Specialty Construction Trade Contractors

 

104

 

Sandvik RC Tools Australia Pty. Ltd.

Subsidiary

Canning Vale, WA

Australia

Machinery and Equipment Manufacturing

986.4

100

 

Sandvik New Zealand Ltd.

Subsidiary

Auckland

New Zealand

Construction and Hardware Materials Wholesale

16.2

100

 

Sandvik Canada, Inc.

Subsidiary

Mississauga, ON

Canada

Construction and Hardware Materials Wholesale

 

100

 

Sandvik Endustriyel Mamuller Sanayi ve Ticaret A.S.

Subsidiary

Istanbul, Kartal

Turkey

Construction and Hardware Materials Wholesale

 

100

 

Sandvik Material Technology (China) Co., Ltd.

Subsidiary

Zhenjiang, Jiangsu

China

Metal Products Manufacturing

 

100

 

Sandvik Mining and Construction Crushing Technology GmbH

Subsidiary

Bergneustadt, Nordrhein-Westfalen

Germany

Machinery Wholesale

38.5

92

 

Sandvik Mining and Construction Materials Handling GmbH & Co. KG

Subsidiary

Leoben

Austria

Specialty Construction Trade Contractors

169.6

85

 

Sandvik Indonesia, Pt

Subsidiary

Jakarta

Indonesia

Construction and Hardware Materials Wholesale

 

80

 

Oterca Maquinarias C.A.

Subsidiary

Caracas, Distrito Federal

Venezuela

Machinery and Equipment Manufacturing

 

80

 

Etablissements Planche

Subsidiary

Bourges

France

Machinery and Equipment Manufacturing

8.8

74

 

Sandvik Mining and Construction Chauny S.A.S.

Subsidiary

Chauny

France

Specialty Construction Trade Contractors

17.1

73

 

Sandvik Holdings Ltd.

Subsidiary

Halesowen

United Kingdom

Miscellaneous Professional Services

 

71

 

Sandvik Osprey Ltd.

Subsidiary

Neath

United Kingdom

Metal Products Manufacturing

35.4

108

 

Sandvik Materials Technology UK

Subsidiary

Halesowen

United Kingdom

Metal Products Manufacturing

 

40

 

Sandvik Disability Trust Ltd.

Subsidiary

Halesowen

United Kingdom

Miscellaneous Personal Services

 

 

 

Inhoco 3367 Ltd.

Subsidiary

Swadlincote

United Kingdom

Miscellaneous Professional Services

 

 

 

Inhoco 3259 Ltd.

Subsidiary

Swadlincote

United Kingdom

Miscellaneous Professional Services

 

 

 

Extec Holdings Ltd.

Subsidiary

Swadlincote

United Kingdom

Miscellaneous Professional Services

 

 

 

Extec Global Ltd.

Subsidiary

Swadlincote

United Kingdom

Miscellaneous Professional Services

0.0

 

 

Extec (UK) Ltd.

Subsidiary

Swadlincote

United Kingdom

Miscellaneous Professional Services

 

 

 

Sandvik in Austria Ges.m.b.H.

Subsidiary

Vienna

Austria

Construction and Hardware Materials Wholesale

28.5

70

 

Sandvik Finance B.V.

Subsidiary

Schiedam

Netherlands

Investment Services

 

70

 

Sandvik Holding GmbH

Subsidiary

Düsseldorf, Nordrhein-Westfalen

Germany

Holding Companies

11.5

70

 

Protomedical GmbH

Subsidiary

Zell Am Harmersbach, Baden-Württemberg

Germany

Medical Equipment and Supplies

2.9

32

 

Sandvik Mining and Construction Deutschland GmbH

Subsidiary

Düsseldorf, Nordrhein-Westfalen

Germany

Holding Companies

 

2

 

Sandvik Mining and Construction Central Europe GmbH

Subsidiary

Essen, Nordrhein-Westfalen

Germany

Health and Personal Care Wholesale

22.4

150

 

Ctt Cutting Tool Technology B.V.

Subsidiary

Schiedam, Zuid-Holland

Netherlands

Banking

 

 

 

Sandvik Tamrock (Philippines), Inc.

Subsidiary

Muntinlupa, Manila

Philippines

Miscellaneous Wholesale

 

 

 

Setp Invest Ab

Subsidiary

Sandviken, Gävleborg

Sweden

Holding Companies

 

 

 

Sandvik Ooo

Subsidiary

Moscow

Russian Federation

Home Furnishings Wholesale

124.2

139

 

Sandvik Australia Holdings Pty Ltd

Subsidiary

 

 

 

 

 

 

Sandvik Mining And Construction Australia (Production/Supply) Pty Ltd

Subsidiary

 

 

 

 

 

 

Sandvik Mining And Construction Tomago Pty Limited

Subsidiary

Brisbane Airport, QLD

Australia

Machinery Wholesale

1,245.1

 

 

TDM Systems GmbH

Subsidiary

Tübingen, Baden-Württemberg

Germany

Computer Programming

 

57

 

TDM Systems, Inc.

Subsidiary

Schaumburg, IL

United States

Computer Programming

1.2

3

 

Sandvik Australia Pty. Ltd.

Subsidiary

Smithfield, NSW

Australia

Construction and Hardware Materials Wholesale

309.5

50

 

Sandvik Thailand Ltd.

Subsidiary

Bangkok

Thailand

Construction and Hardware Materials Wholesale

 

50

 

Sandvik Polska Sp. z o.o.

Subsidiary

Warsaw

Poland

Construction and Hardware Materials Wholesale

 

50

 

Sandvik Polska Sp. z o.o. - Katowice Production Plant

Facility

Katowice

Poland

Machinery and Equipment Manufacturing

 

170

 

Sandvik International Trading (Shanghai) Co., Ltd.

Subsidiary

Shanghai

China

Machinery Wholesale

 

50

 

Sandvik Benelux B.V.

Subsidiary

Schiedam

Netherlands

Construction and Hardware Materials Wholesale

 

50

 

Sandvik Utbildnings AB

Subsidiary

Sandviken

Sweden

Primary and Secondary Education

5.1

45

 

Sandvik A/S

Subsidiary

Brøndby

Denmark

Metals and Minerals Wholesale

0.0

39

 

Sandvik AG

Subsidiary

Luzern

Switzerland

Metals and Minerals Wholesale

 

35

 

Sandvik Mgs S/A.

Subsidiary

Guarulhos, Sao Paulo

Brazil

Metal Products Manufacturing

282.9

298

 

Santrade Ltd.

Subsidiary

Lucerne

Switzerland

Construction and Hardware Materials Wholesale

 

90

 

Sandvik Taiwan Ltd.

Subsidiary

Taipei

Taiwan

Construction and Hardware Materials Wholesale

 

35

 

Sandvik E.M.S. Ticaret A.S.

Subsidiary

Istanbul

Turkey

Machinery Wholesale

 

35

 

Sandvik Szerszam Es Technologiai Rendszer Magyarorszag Korlatolt Felelossegu Tarsasag

Subsidiary

Budapest

Hungary

Construction and Hardware Materials Wholesale

13.7

31

 

Sandvik Malaysia Sdn. Bhd.

Subsidiary

Petaling Jaya

Malaysia

Construction and Hardware Materials Wholesale

0.0

30

 

Sandvik Benelux

Subsidiary

Brussels

Belgium

Construction and Hardware Materials Wholesale

 

30

 

Sandvik CZ s.r.o.

Subsidiary

Prague

Czech Republic

Construction and Hardware Materials Wholesale

 

30

 

Sandvik Slovakia s.r.o.

Subsidiary

Bratislava

Slovakia

Construction and Hardware Materials Wholesale

 

29

 

Sandvik Norge A/S

Subsidiary

Billingstad

Norway

Machinery and Equipment Manufacturing

19.0

26

 

Walter Tools Iberica S.A

Subsidiary

El Prat De Llobregat, Barcelona

Spain

Machinery and Equipment Manufacturing

15.3

26

 

Sandvik Intellectual Property AB

Subsidiary

Sandviken, Gävleborg

Sweden

Executive and Legislature

280.7

24

 

Sandvik Portuguesa Lda.

Subsidiary

Carnaxide

Portugal

Construction and Hardware Materials Wholesale

2.0

19

 

Gimo Utbildningsaktiebolag

Subsidiary

Gimo

Sweden

Architecture and Engineering

1.9

18

 

Sandvik Bulgaria Ltd.

Subsidiary

Sofia

Bulgaria

Metal Products Manufacturing

 

12

 

Sandvik Korea Ltd.

Subsidiary

Seoul

Korea, Republic of

Construction and Hardware Materials Wholesale

20.0

9

 

Sandvik d.o.o.

Subsidiary

Kranj

Slovenia

Metal Products Manufacturing

 

9

 

Sandvik Philippines, Inc.

Subsidiary

Muntinlupa

Philippines

Construction and Hardware Materials Wholesale

3.6

8

 

Pennsylvania Extruded Tube Co.

Subsidiary

Abington, PA

United States

Metal Products Manufacturing

16.6

7

 

Sandvik A.E.

Subsidiary

Athens, Chalandri

Greece

Construction and Hardware Materials Wholesale

 

6

 

Sandvik, za trgovinu d.o.o.

Subsidiary

Zagreb

Croatia

Metals Mining

 

5

 

Sandvik Maroc SARL

Subsidiary

Mohammedia

Morocco

Construction and Hardware Materials Wholesale

 

4

 

Sandvik Benelux BV

Subsidiary

Schiedam

Netherlands

Metals and Minerals Wholesale

56.9

 

 

Sandvik Dc Venlo B.V.

Subsidiary

Venlo, Limburg

Netherlands

Internet and Web Services

 

 

 

Sandvik Korea Ltd.

Subsidiary

Shiheung, Kyonggi-Do

Korea, Republic of

Machinery Wholesale

30.8

 

 

Sandvik Rotary Tools AB

Subsidiary

Sandviken, Gävleborg

Sweden

Metal Products Manufacturing

14.5

 

 

Sandvik Mining & Construction Tools AB

Subsidiary

Sandviken

Sweden

Specialty Construction Trade Contractors

0.5

 

 

Safety S.A.S.

Subsidiary

Sevres

France

Machinery and Equipment Manufacturing

 

 

 

Sandvik K.K.

Subsidiary

Kobe, Hyogo

Japan

Construction and Hardware Materials Wholesale

 

 

 

Fintec Crushing & Screening Ltd

Subsidiary

Dungannon

United Kingdom

Machinery and Equipment Manufacturing

 

 

 

Sandvik Srl

Subsidiary

Bucharest

Romania

Construction and Hardware Materials Wholesale

 

 

 

AB Sandvik Steel Investment

Subsidiary

Sandviken

Sweden

Investment Services

 

 

 

Sandvik (Qingdao) Ltd.

Subsidiary

Qingdao

China

Machinery and Equipment Manufacturing

 

 

 

Sandvik Chile S.A.

Subsidiary

Santiago, Santiago

Chile

Machinery Wholesale

 

 

 

Sandvik Systems Development AB

Subsidiary

Sandviken

Sweden

Computer Programming

 

 

 

Sandvik Kenya Ltd

Subsidiary

Nairobi

Kenya

Metals and Minerals Wholesale

 

 

 

Sandvik Mining and Construction Tanzania Limited

Subsidiary

Dar es Salaam

Tanzania

Metals and Minerals Wholesale

 

 

 

Sandvik Mining and Construction Co Ltd

Subsidiary

Shanghai

China

Machinery and Equipment Manufacturing

 

 

 

Sandvik Hong Kong Ltd.

Subsidiary

Tsuen Wan

Hong Kong

Construction and Hardware Materials Wholesale

 

 

 

Sandvik Intellectual Property AB

Subsidiary

Sandviken

Sweden

Miscellaneous Rental

 

 

 

Sandvik Information Technology AB

Subsidiary

Sandviken

Sweden

Computer System Design Services

 

 

 

Sandvik Magyarorzagon Kft.

Subsidiary

Budapest

Hungary

Construction and Hardware Materials Wholesale

 

 

 

Sandvik China Ltd.

Subsidiary

Beijing

China

Metal Products Manufacturing

 

 

 

Sandvik SuhJun Ltd.

Subsidiary

Seoul

Korea, Republic of

Machinery and Equipment Manufacturing

 

 

 

Sandvik Srbija d.o.o.

Subsidiary

Belgrade

Serbia

Machinery and Equipment Manufacturing

 

 

 

Wire Sandviken AB

Subsidiary

Sandviken

Sweden

Metal Products Manufacturing

 

 

 

Sandvik Besoksservice AB

Subsidiary

Sandviken

Sweden

Real Estate Agents and Brokers

 

 

 

Prototyp-Werke GmbH

Subsidiary

Zell, Baden-Wurttemberg

Germany

Machinery and Equipment Manufacturing

 

 

 

Sandvik Credit AB

Subsidiary

Sandviken

Sweden

Investment Services

 

 

 

Shanghai Jianshe Luqiao Machinery Co., Ltd.

Subsidiary

Shanghai

China

Machinery and Equipment Manufacturing

 

 

 

AB Sandvik Vastberga Service

Subsidiary

Hagersten

Sweden

Miscellaneous Professional Services

 

 

 

AB Sandvik Construction Segment

Subsidiary

Svedala

Sweden

Specialty Construction Trade Contractors

 

 

 

Sandvik Colombia S.A.S.

Subsidiary

Bogota

Colombia

Machinery Wholesale

 

 

 

Sandvik P&P GmbH

Subsidiary

Werther

Germany

Motor Vehicle Wholesale

 

 

 

Sandvik Mining and Construction Algerie SpA

Subsidiary

Algiers

Algeria

Specialty Construction Trade Contractors

 

 

 

Gusab Holding AB

Subsidiary

Gunnebo

Sweden

Investment Services

 

 

 

Sandvik Coromant

Subsidiary

Istanbul

Turkey

Machinery and Equipment Manufacturing

 

 

 

Sandvik Mining and Construction DRC S.P.R.L.

Subsidiary

Lubumbashi

Congo

Architecture and Engineering

 

 

 

Sandvik Mongolia LLC.

Subsidiary

Ulaanbaatar

Mongolia

Machinery and Equipment Manufacturing

 

 

 

Sandvik do Brasil S.A.

Subsidiary

Sao Paulo

Brazil

Machinery and Equipment Manufacturing

 

 

 

Sandvik AB - Sandvik Hard Materials Unit

Unit

Tlalnepantla

Mexico

Machinery and Equipment Manufacturing

 

 

 

Sandvik Coromant

Subsidiary

Buenos Aires

Argentina

Machinery and Equipment Manufacturing

 

 

 

Sandvik Mining and Construction Koping AB

Subsidiary

Koping

Sweden

Machinery and Equipment Manufacturing

 

 

 

Sandvik Coromant GmbH

Subsidiary

Vienna

Austria

Machinery and Equipment Manufacturing

 

 

 

Walter Argentina S.A.

Subsidiary

Buenos Aires

Argentina

Machinery and Equipment Manufacturing

 

 

 

PT Sandvik SMC

Subsidiary

Kuala Kencana, West Papua

Indonesia

Specialty Construction Trade Contractors

 

 

 

Sandvik Mining and Construction Tomago Pty. Ltd.

Subsidiary

Tomago, NSW

Australia

Specialty Construction Trade Contractors

 

 

 

 




executive report

 

Board of Directors

 

Name

Title

Function

 

REgis Margain

 

PrEsident

Chairman

 

 

Executives

 

Name

Title

Function

 

Philippe Bois

 

President

President

 

REgis Margain

 

PrEsident

President

 

 

Annual Profit & Loss

 

 

 

 

31-Dec-2012

31-Dec-2011

31-Dec-2010

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate (Period Average)

0.778237

0.71919

0.755078

Consolidated

No

No

No

 

 

 

 

Total income

185.9

178.8

15.1

Net sales

185.9

174.7

13.5

Change in stock

0.9

0.1

-0.3

Unfinished work in progress

-2.3

2.4

1.4

Own work capitalised

0.1

-

-

Supplementary operating income

2.0

1.5

0.2

Other operating income

0.2

0.2

0.1

Other external charges

21.2

13.6

0.7

Cost of goods sold

86.1

94.9

8.8

Taxes and social security costs

2.4

2.2

0.2

Social charges

5.5

5.0

0.6

Total payroll costs

11.3

11.4

1.4

Cost of stock depreciation and amortisation

2.2

2.1

0.2

Fixed asset depreciation and amortisation

0.8

0.7

0.1

Other operating costs

2.2

3.2

0.0

Total operating costs

132.7

133.2

11.9

Net operating income

53.2

45.7

3.3

Total financial income

1.5

1.9

0.1

Interest payable on loans

0.2

0.0

0.0

Other expenses

3.0

0.6

0.2

Total expenses

3.2

0.7

0.3

Profit before tax

51.5

46.9

3.1

Extraordinary income

0.1

-

0.0

Extraordinary expenses

0.0

0.3

0.0

Extraordinary result

0.0

-0.3

0.0

Total taxation

17.3

15.8

1.0

Profit distributed to employees

2.5

2.4

0.2

Net profit

31.8

28.4

1.9

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

31-Dec-2012

31-Dec-2011

31-Dec-2010

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.7566

0.770327

0.745406

Consolidated

No

No

No

 

 

 

 

Issued capital

10.7

10.5

1.7

Share premium account

0.0

0.0

0.0

Total reserves

1.6

1.6

0.3

Profits for the year

32.7

26.5

2.0

Total stockholders equity

45.1

38.7

3.9

Provisions and allowances

3.5

2.6

0.3

Trade creditors

14.8

20.4

2.1

Advances received

1.6

8.9

1.4

Bank loans and overdrafts

0.0

0.0

0.0

Other loans

-

0.0

0.0

Other liabilities

2.8

1.8

0.1

Income stated in advance

0.3

0.3

0.0

Taxation and social security

25.9

22.5

1.9

Total current liabilities

-

-

4.0

Total debts

45.5

53.9

5.4

Total liabilities (including net worth)

94.1

95.2

9.6

Land

0.6

0.6

0.1

Other fixed assets

3.1

2.7

0.3

Long-term investments

0.0

0.0

0.0

Other financial assets

0.0

0.0

0.0

Total non-current assets

3.8

3.4

0.4

Prepayments

0.1

-

0.0

Net stocks and work in progress

24.8

26.9

3.9

Trade debtors

20.3

21.2

1.5

Other receivables

45.1

43.7

3.7

Prepaid expenses

-

-

0.0

Cash and liquid assets

0.0

0.0

0.1

Total current assets

90.3

91.8

9.2

Prepaid expenses and deferred costs

-

0.0

-

Total assets

94.1

95.2

9.6



Annual Ratios

Financials in: USD (mil)

 

 

 

31-Dec-2012

31-Dec-2011

31-Dec-2010

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.7566

0.770327

0.745406

Consolidated

No

No

No

 

 

 

 

Current ratio

-

-

2.30

Quick ratio

-

-

1.30

Total liabilities to net worth

1.01%

1.39%

1.40%

Net worth to total assets

0.48%

0.41%

0.40%

Collection period

32.20

39.50

33.90

Stock turnover rate

7.70

6.10

3.50

Asset turnover

2.03%

1.71%

1.43%

Profit margin

0.28%

0.27%

0.23%

Return on assets

0.56%

0.46%

0.33%

Shareholders' return

1.18%

1.13%

0.81%

Sales per employee

-

-

415.16

Profit per employee

-

-

95.14

Average wage per employee

-

-

43.96

Net worth

45.1

38.7

3.9

Number of employees

-

-

161

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.61.78

UK Pound

1

Rs.99.06

Euro

1

Rs.83.84

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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

--

NB

New Business

 

--

 

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.