Sandvik Group is a leading manufacturer of advanced products in the world. Its advantageous businesses include metal cutting tools, construction and mining equipment and facilities, stainless steel materials, special alloys, metal and ceramic resistance materials and transmission systems. In 2012, the group had operations in more than 130 countries, with 50000 employees and annual sales of nearly SEK 98.5 billion. Sandvik invests about SEK 3 billion in R & D every year, and more than 2700 R & D personnel are distributed in more than 60 R & D centers around the world