Sandvik will merge its operations Sandvik Mining and Sandvik Construction into one business area: Sandvik Mining and Rock Technology.
Sandvik Mining and Rock Technology operations will be organised in a decentralised business model with separate product areas based on the product offering. Each product area will have full responsibility and accountability for its respective business.
The new structure will be effective as from 1 July 2016.
“Products developed for the customer segments mining and construction are based on common technologies with a similar aftermarket offering. In addition, manufacturing units are already largely shared with to some extent shared front line resources. By joining the operations into one business area, we achieve a leaner and more efficient structure. The decentralised business model enables an even clearer focus and faster response to our customers”, commented Björn Rosengren, Sandvik´s President and CEO.
Lars Engström, currently President of Sandvik Mining has been appointed President of the new business area, Sandvik Mining and Rock Technology. Dinggui Gao, President of Sandvik Construction will leave the company as of 1 July 2016.
“I would like to take the opportunity to thank Dinggui Gao for his dedicated work in supporting the merger of the new organisation. I would like to express my appreciation for his work to drive Sandvik Construction, resulting in documented improvements. I wish him all the best in his future career”, said Björn Rosengren.
Edited from press release by Harleigh Hobbs