Epiroc
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 and Germany.
 | |
| Type | Aktiebolag |
|---|---|
| Nasdaq Stockholm: EPI A, EPI B | |
| Industry | Mining and infrastructure |
| Founded | 1873 (as Atlas Copco) June 18, 2018 (as Epiroc) |
| Headquarters | Stockholm , Sweden |
Key people | Ronnie Leten, Chair. Helena Hedblom, President and CEO. |
Number of employees | 14,268 (2019) |
| Website | epiroc |
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 rock drills 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
- Atlas Copco Plans Split in Two to List Mining Tool Business Bloomberg News.
- Epiroc. "Our businesses". Epiroc. Retrieved 2019-10-02.
- Epiroc. "Products". Epiroc. Retrieved 2019-10-02.