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 remains with two segments, Equipment & Service and Tools & Attachments.
First hydraulic rock drill presented
The Swedish Method was introduced, meaning that lighter and mobile equipment was used. This meant that drilling could be conducted by one man with one machine compared to the previous method that required more labor. The groundbreaking method revolutionized the drilling industry and laid the ground for the company’s international activity