Is Sandvik a Fortune 500 company?

It is one of the world's top 500 enterprises.

Sandvik. The Group is one of the world's leading manufacturers of advanced products, including metal cutting tools, construction and mining equipment and facilities, and stainless steel materials.

Special alloys, metal and ceramic resistive materials, and transmission systems, etc. In 2012, the Group was present in more than 130 countries, with 50,000 employees and annual sales of almost SEK 98.5 billion. Sandvik invests around SEK 3 billion annually in R&D and employs more than 2,700 R&D personnel in more than 60 R&D centers around the world.

Because there are only three business areas (materials, props, and construction machinery), although the profit is not low, the total turnover is not high, so it is not a top 500. However, last year's annual report showed that it was only one step away from the top 500.

It is rumored that Sandvik will have two more grand celebrations next year, one is the 150th anniversary of its establishment, and the other is to enter the top 500.

The Sandvik Group has grown to become a global leader in manufacturing processes. The group's headquarters are located in Sandviken, Sweden, where the group got its start in the 19th century. The Group's development is so successful thanks to its advanced and extensive research and development work.

The group invests more than 2 billion yuan in research and development every year. The Group has an efficient and distinct development strategy and occupies a leading position in the industries in which it operates. Sandvik's customers are active in many sectors, including automotive, aerospace, mining and construction, chemicals, oil and gas, power, pulp and paper, household goods, electronics, medical technology and the medical industry.

I would say that it is now a Fortune 500 company. That's where my sister goes. The benefits package is good.

As early as 1985, Sandvik came to China. Sandvik's markets in China include Chinese mainland, Hong Kong and Taiwan. In 2011, Sandvik had sales of more than 6.9 billion RMB in China, with nearly 40,000 employees, 14 production bases, and sales staff in more than 100 cities across the country.

January 31, 2012 marks exactly 150 years since Goran Fredrik Goransson founded the company in 1862 in Sandviken, Sweden. At that time, Sandvik was the first company in the world to use the Bessemer converter steelmaking method. The technology was a major innovation in steel manufacturing, and Sandvik quickly became a world leader in the field.

Over the past 150 years, Sandvik has successfully operated and evolved, innovating and discovering new market opportunities through continuous technological upgrades. Today, Sandvik employs more than 50,000 people around the world, and thanks to the skills, experience and hard work of its employees, Sandvik is able to continue this proud journey with an eye to the future.

Meet Sandvik, the Sandvik Group magazine, publishes a special issue of its 150th anniversary in 14 languages, as well as a book that looks back on the company's 150 years. Throughout the year, Sandvik companies around the world are celebrating in a variety of ways. The Chinese** theme "150 Years of Sandvik" has also been officially launched.

Sandvik Ventures is committed to creating the best environment for growth and profitability for attractive, fast-growing businesses. The company's product areas include Sandvik Hard Materials, Diamond Innovations, Wolfram, Dormer, Sandvik Drive Systems and parts of Sandvik Medical Devices. In 2010, the company generated sales of approximately SEK 7.3 billion and employed approximately 4,200 people (estimated).