Sandvik

Global Metalworking Machinery Markets, 2016-2021, 2021-2026F, 2031F: Metalworking Knives And Bits; Measuring Attachments; Metalworking Drill Bits; Machine Tool Taps And Dies - ResearchAndMarkets.com

Retrieved on: 
Friday, July 29, 2022

The metal working machinery market consists of sales of metalworking machinery by entities (organizations, sole traders, and partnerships) that produce metal working machinery.

Key Points: 
  • The metal working machinery market consists of sales of metalworking machinery by entities (organizations, sole traders, and partnerships) that produce metal working machinery.
  • The main types of metalworking machinery are special die and tool, die set, jig, and fixture, machine tool, industrial mold, rolling mill, and other metalworking machinery, and cutting tool and machine tool accessory.
  • The metalworking machinery manufacturing market growth is aided by stable economic growth forecasted in many developed and developing countries.
  • Major companies manufacturing 6-axis CNC milling are Yamazaki Mazak, DMG MORI, ERLO, Giben International, Haas Automation, Knuth Machine Tools, IMSA.

GEM, a Leading Green Enterprise in China, will land on the Swiss Exchange

Retrieved on: 
Friday, July 22, 2022

It is an achievement of capital opening-related cooperation between China and Switzerland, and also an achievement for promoting capital cooperation between the Shenzhen Stock Exchange and the Swiss stock exchange.

Key Points: 
  • It is an achievement of capital opening-related cooperation between China and Switzerland, and also an achievement for promoting capital cooperation between the Shenzhen Stock Exchange and the Swiss stock exchange.
  • It sets the precedent for Chinese enterprises to issue global Depositary Receipts (GDRs) for listing on the Swiss stock exchange.
  • This work is highly valued by the Indonesian government and has become a representative project for global nickel resource capacities.
  • This will result in a shortage of global nickel resources over the next 10 years and keep nickel prices high.

GEM, a Leading Green Enterprise in China, will land on the Swiss Exchange

Retrieved on: 
Friday, July 22, 2022

It is an achievement of capital opening-related cooperation between China and Switzerland, and also an achievement for promoting capital cooperation between the Shenzhen Stock Exchange and the Swiss stock exchange.

Key Points: 
  • It is an achievement of capital opening-related cooperation between China and Switzerland, and also an achievement for promoting capital cooperation between the Shenzhen Stock Exchange and the Swiss stock exchange.
  • It sets the precedent for Chinese enterprises to issue global Depositary Receipts (GDRs) for listing on the Swiss stock exchange.
  • This work is highly valued by the Indonesian government and has become a representative project for global nickel resource capacities.
  • This will result in a shortage of global nickel resources over the next 10 years and keep nickel prices high.

The Tool Steel Market is slated to surpass $7.30 billion by 2028, says Global Market Insights Inc.

Retrieved on: 
Wednesday, July 20, 2022

SELBYVILLE, Del., July 20, 2022 /PRNewswire/ -- According to the report published by Global Market Insights Inc., the global Tool Steel Market was estimated at USD 5.25 billion in 2021 and is expected to be valued at above $7.30 billion by 2028, registering a CAGR of 4.5% from 2022 to 2028. The report provides a detailed analysis of the top winning strategies, drivers & opportunities, competitive scenario, wavering market trends, market size & estimations, and major investment pockets.

Key Points: 
  • SELBYVILLE, Del., July 20, 2022 /PRNewswire/ --According to the report published by Global Market Insights Inc., the global Tool Steel Market was estimated at USD 5.25 billion in 2021 and is expected to be valued at above $7.30 billion by 2028, registering a CAGR of 4.5% from 2022 to 2028.
  • Rapid industrialization and infrastructural development, along with the booming automotive sector, are anticipated to augment market growth through the assessment timeline.
  • Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider.
  • Offering syndicated and custom research reports, growth consulting and business intelligence services, Global Market Insights Inc. aims to help clients with penetrative insights and actionable market data that aid in strategic decision making.

Interim Report January - June 2022, Coor Service Management Holding AB

Retrieved on: 
Friday, July 15, 2022

The briefing material and a recording of the webcast will be published on the company's website www.coor.com , under Investors/Reports and presentations, after the briefing.

Key Points: 
  • The briefing material and a recording of the webcast will be published on the company's website www.coor.com , under Investors/Reports and presentations, after the briefing.
  • More information is also available on our website: www.coor.com
    This constitutes information which Coor Service Management Holding AB is required to publish under the EU's Market Abuse Regulation and the Swedish Securities Market Act.
  • As the leading provider of facility management services, Coor aims to create the happiest, healthiest and most prosperous workplace environments in the Nordic region.
  • Coor creates value by executing, developing and streamlining our customers' service activities.

Interim Report January - June 2022, Coor Service Management Holding AB

Retrieved on: 
Friday, July 15, 2022

The briefing material and a recording of the webcast will be published on the company's website www.coor.com , under Investors/Reports and presentations, after the briefing.

Key Points: 
  • The briefing material and a recording of the webcast will be published on the company's website www.coor.com , under Investors/Reports and presentations, after the briefing.
  • More information is also available on our website: www.coor.com
    This constitutes information which Coor Service Management Holding AB is required to publish under the EU's Market Abuse Regulation and the Swedish Securities Market Act.
  • As the leading provider of facility management services, Coor aims to create the happiest, healthiest and most prosperous workplace environments in the Nordic region.
  • Coor creates value by executing, developing and streamlining our customers' service activities.

Battery Ventures Closes New Funds Totaling More Than $3.8 Billion

Retrieved on: 
Thursday, July 14, 2022

Battery Ventures , a global, technology-focused investment firm, has closed new funds totaling $3.8 billion to continue backing innovative companies worldwide in a variety of sectors.

Key Points: 
  • Battery Ventures , a global, technology-focused investment firm, has closed new funds totaling $3.8 billion to continue backing innovative companies worldwide in a variety of sectors.
  • View the full release here: https://www.businesswire.com/news/home/20220713005953/en/
    The new fundsraised as Battery approaches 40 years of continuous operationsinclude Battery Ventures XIV and a companion fund, together capitalized at $3.3 billion, and the $530 million Battery Ventures Select Fund II, a vehicle intended to make additional investments primarily in portfolio companies of the firms other funds.
  • Battery closed its thirteenth family of funds totaling $2 billion in February 2020 and announced Battery Ventures Select Fund I, capitalized at $400 million, a year later.
  • For more information about Battery Ventures potential financing capabilities for prospective portfolio companies, please refer to our website.

Sandvik announces a non-recurring charge for the second quarter related to Russia

Retrieved on: 
Wednesday, June 29, 2022

SANDVIKEN, Sweden, June 29, 2022 /PRNewswire/ -- As previously communicated, Sandvik paused its business activities in Russia on February 28 due to Russia's war in Ukraine.

Key Points: 
  • SANDVIKEN, Sweden, June 29, 2022 /PRNewswire/ -- As previously communicated, Sandvik paused its business activities in Russia on February 28 due to Russia's war in Ukraine.
  • Since then, the company has continuously been assessing and adjusting to the situation, and has taken the decision to wind down operations in Russia.
  • As a consequence Sandvik will record a non-recurring charge of about SEK 1 billion in the second quarter operating results (EBITA), of which SEK 0.7 billion is a write-down and SEK 0.3 billion a provision mainly relating to personnel costs.
  • Following the write-down, total remaining assets related to Russia, excluding cash, amounted to approximately SEK 0.7 billion on May 31, 2022.

Global Mining Automation Market to Reach $3.4 Billion by 2026

Retrieved on: 
Tuesday, June 28, 2022

SAN FRANCISCO, June 28, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Mining Automation - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, June 28, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Mining Automation - Global Market Trajectory & Analytics" .
  • Preview Registry
    Amid the COVID-19 crisis, the global market for Mining Automation estimated at US$2.5 Billion, is projected to reach a revised size of US$3.4 Billion by 2026, growing at a CAGR of 5.4% over the analysis period.
  • The U.S. Market is Estimated at $778.5 Million in 2021, While China is Forecast to Reach $598.9 Million by 2026
    The Mining Automation market in the U.S. is estimated at US$778.5 Million in the year 2021.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Sandvik signs SEK 11 billion sustainability-linked revolving credit facility

Retrieved on: 
Wednesday, June 15, 2022

SANDVIKEN, Sweden, June 15, 2022 /PRNewswire/ --Sandvik has signed a SEK 11 billion revolving credit facility linked to its sustainability targets, with a group of 14 banks.

Key Points: 
  • SANDVIKEN, Sweden, June 15, 2022 /PRNewswire/ --Sandvik has signed a SEK 11 billion revolving credit facility linked to its sustainability targets, with a group of 14 banks.
  • The facility has a five-year tenor with two one-year extension options, and will be used for general corporate purposes and to refinance the existing SEK 9 billion credit facility.
  • The new credit facility has a clear link to Sandvik's sustainability targets for 2030 with regards to the ambitions to reduce carbon emissions by 50% and increase waste circularity to 90%.
  • Citibank was the Documentation Agent for the facility, SEB the Sustainability Coordinator and Handelsbanken the Facility Agent.