Epiroc

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Epiroc AB
TypeAktiebolag
Nasdaq StockholmEPI A, EPI B
IndustryMining and infrastructure
Founded1873; 149 years ago (1873) (as Atlas Copco)
June 18, 2018; 3 years ago (2018-06-18) (as Epiroc)
Headquarters,
Sweden
Key people
Ronnie Leten
(Chairman),
Helena Hedblom
(President and CEO)
RevenueSEK 36 billion (BEUR 3.5) (2020)
Number of employees
13,840 (2020)
Websiteepirocgroup.com

Epiroc AB is a Swedish manufacturer of mining and infrastructure equipment. It is headquartered in Stockholm, Sweden and has its manufacturing facilities in Sweden, United States, Canada, Australia, China, India, Japan and Germany.

History[]

Epiroc has its roots in Atlas Copco, which was founded in 1873 in Stockholm. It was created as a result of Atlas Copco's decision to split out its legacy business of mining equipment. Atlas Copco began to produce in 1905. In January 2017, Atlas Copco's Board of Directors decided to propose to the Annual General Meeting that the company be divided, and that the mining and infrastructure business be listed as its own separate company in 2018.[1] Epiroc was officially created on 1 January 2018 and subsequently got listed on Nasdaq Stockholm stock exchange on June 18, 2018.

Epiroc operates as 5 divisions focused on their respective application of mining engineering & service support.[2]

  • Surface
  • Underground
  • Tools & Attachments
  • Parts & Services
  • Technology & Digital


Products and services[]

Epiroc offers a product portfolio of Drilling Rigs, Rock Drilling Tools, Trucks & Loaders, Raise Boring Equipment, Excavator Attachments, Rock Excavation Equipment, Rock Reinforcement Tools & Underground Mine Ventilation System and service agreements related to equipment maintenance .[3]

References[]

  1. ^ Atlas Copco Plans Split in Two to List Mining Tool Business Bloomberg News.
  2. ^ Epiroc. "Our businesses". Epiroc. Retrieved 2019-10-02.
  3. ^ Epiroc. "Products". Epiroc. Retrieved 2019-10-02.
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