Epiroc AB - Company Profile
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Epiroc AB (Epiroc) is a provider of mining and infrastructure equipment. The company's main activities include developing and providing innovative equipment and tools for surface and underground applications. Epiroc's major products and services encompass drill rigs, hydraulic attachment tools, rock excavation and construction equipment, as well as solutions for automation, digitalization, and electrification. The company serves customers in the mining, exploration, and construction industries, offering products for applications such as surface mining, exploration, and tunnelling. Epiroc's operations are supported by a global distribution network, ensuring service and aftermarket support. It has a presence in North America, South America, Europe, Africa, the Middle East, and Asia and Australia. Epiroc is headquartered in Stockholm, Sweden.
Epiroc AB premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Rotary Drilling Equipment | Spare Parts Supply |
| Rock and Exploration Drilling Equipment | Professional Services |
| Tunneling and Mining Equipment | Support Solutions |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, the company secured an order from Heidelberg Materials to modify and implement autonomous solutions for driverless haul trucks at a quarry in Australia. |
| 2026 | Contracts/Agreements | In May, the company entered into a partnership with SANY Group to develop collaboration in selected areas in the mining and infrastructure industries. |
| 2026 | Contracts/Agreements | In April, the company secured a contract from Mopani Copper Mines Plc for mining equipment in Zambia. |
Competitor Comparison
| Key Parameters | Epiroc AB | Sandvik AB | FLSmidth & Co AS | Kennametal Inc | Astec Industries Inc |
|---|---|---|---|---|---|
| Headquarters | Sweden | Sweden | Denmark | United States of America | United States of America |
| City | Nacka | Stockholm | Copenhagen Oe | Pittsburgh | Chattanooga |
| State/Province | Stockholm | Stockholm | - | Pennsylvania | Tennessee |
| No. of Employees | 19,086 | 41,962 | 5,340 | 8,100 | 4,468 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ronnie Leten | Chairman | Executive Board | 2017 | 70 |
| Helena Hedblom | Director; Chief Executive Officer; President | Executive Board | 2020 | 53 |
| Hakan Folin | Senior Vice President - Controlling, Finance and Sustainability; Chief Financial Officer | Senior Management | 2021 | 50 |
| Jonas Albertson | Chief Technology Officer | Senior Management | 2022 | 59 |
| Martin Hjerpe | President - Tools | Senior Management | 2024 | 50 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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