STOCKHOLM, Sweden, Nov 26, 2025 – Sandvik has signed a EUR 500 million loan agreement with the European Investment Bank (EIB) at favorable terms. The loan has a seven-year tenor and will support Sandvik’s R&D (research and development) investment plans until 2030, aimed at developing new advanced, productive, safe and sustainable solutions across the Group’s businesses.
EIB is the lending arm of the European Union (EU), and a core mission of the bank is to strengthen EU competitiveness, technological innovation and sustainable development by providing financing for R&D projects conducted within the region.
“We have a strong strategic focus on developing solutions that strengthen our technology leadership, and that enhances productivity, safety and sustainability for our customers. The EIB financing supports our R&D initiatives and provides flexibility to our overall funding strategy,” says Stefan Widing, President and CEO of Sandvik.
About Sandvik Group
Sandvik is a global, high-tech engineering group providing solutions that enhance productivity, profitability and sustainability for the manufacturing, mining and infrastructure industries. We are at the forefront of digitalization and focus on optimizing our customers’ processes. Our world-leading offerings include equipment, tools, services and digital solutions for machining, mining, rock excavation and rock processing. In 2024 the Group had approximately 41,000 employees and revenues of about SEK 123 billion in about 150 countries within continuing operations. For more information, visit https://www.home.sandvik.
