Sweden Special: Sandvik, quality provider for Chinese infrastructure growth

Sandvik has seen much change in its 151 years of existence, but two aspects of its guiding philosophy have remained the same since it began its operations as a steel producer: constantly innovative and locally developed solutions and dedication to its customers.

The company's humble beginnings in Sweden have grown to its current representation in over 130 countries, spanning five major business areas: Sandvik Mining, Sandvik Machining Solutions, Sandvik Materials Technology, Sandvik Construction and Sandvik Venture.

"We are constantly challenging the business areas in which we are involved," said Olof Faxander, president and CEO of Sandvik.