COMPANY NAME | EPIROC MINING LTD. |
NATURE OF BUSINESS | mining, infrastructure and natural resources industries |
ISIN NO | INE : 067Z01018 |
UTR NO | 117413393341 |
FACE VALUE | Rs.10/- |
PROMOTERS | Helena Marie Hedblom & Suresh Hanmantrao Ghotage |
COMPANY WEBSITE | www.epiroc.com |
Latest News
Epiroc Capital Markets Day: A vital part of a sustainable society
Stockholm, Sweden: Epiroc AB, a leading productivity and sustainability partner for the mining and infrastructure industries, is today hosting a virtual Capital Markets Day (CMD) for institutional investors, analysts and financial media. The purpose of the 2.5-hour event is to give an update on Epiroc’s strategy for profitable growth. Strategic areas such as innovation, aftermarket, operational excellence and sustainability will be covered. The webcast starts at 15:00 CET, with presentations from Helena Hedblom, President and CEO, and the majority of Group Management. Epiroc reconfirms its financial goals and its most recent outlook statement that demand, both for equipment and aftermarket, is expected to remain high in the near term. “Today we would like to show that Epiroc is a vital part of a sustainable society and that we drive the change in our industry by taking the lead in automation, digitalization and electrification,” says Helena Hedblom, Epiroc’s President and CEO. “Our innovative products and solutions will ensure that our customers can operate in the safest, most sustainable and efficient way possible, and will play a key role in the global ambition to reduce CO2 emissions.” Several innovations and examples where Epiroc supports and collaborates with customers in their productivity and sustainability transformation will be highlighted.
Epiroc is a vital part of a sustainable society and a global productivity partner for mining and infrastructure customers. With groundbreaking technology, Epiroc develops and provides innovative and safe equipment, such as drill rigs, rock excavation and construction equipment and tools for surface and underground applications. The company also offers world-class service and other aftermarket support as well as solutions for automation, digitalization and electrification. Epiroc is based in Stockholm, Sweden, had revenues of SEK 36 billion in 2020, and has about 15 000 passionate employees supporting and collaborating with customers in about 150 countries.
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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.
Epiroc is a leading productivity partner for the mining and infrastructure industries. With ground-breaking technology, the company develops and produces innovative equipment, consumables, and service for use in surface and underground mining, infrastructure, civil works, and well drilling applications. Epiroc appoints new members of Group Management and creates a more efficient working structure. The new structure has five divisions and the presidents now report directly to the President and CEO; Helena Hedblom. The financial reporting setup will remain with two segments, Equipment & Service and Tools & Attachments. 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.
Epiroc Mining Ltd was officially created on 01 January 2018 & subsequently got listed on Nasdaq Stockholm stock exchange on June 18, 2018. Epiroc Mining India Limited is a Public incorporated on 20 July 2017. It is classified as Non-govt.-company and is registered at Registrar of Companies, Pune. It is involved in the Manufacture of domestic appliances, n.e.c.
Epiroc operates as 7 divisions focused on their respective application of mining engineering& service support. Drilling Solutions, Surface Mining &Exploration, Underground Rock Excavation, Rock Drilling Tools, Hydraulic Attachment Tools, Mining & Rock Excavation Service, Rocktec.
Directors of Epiroc Mining India Limited are Jerry Kent Andersson, Helena Marie Hedblom, VinayakManoharPadwal, KunalShobhanThakore, Bengt Anders Linden, Sami PetteriNiiranen.
Epiroc Mining India Limited’s registered address is 14th Floor, Tower 1, Fountainhead, Phoenix Market City, Nagar Road, Viman Nagar, Pune Pune MH 411014