Sandviken has a relatively short history, it was founded in 1862 in connection with the ironworks developing at the time. Until 1927 it was a rural district that belonged to Högbo parish and not until 1943 it became its own independant city, Sandviken.
A city that grew a great interest in the modern developments and received a reputable position on the world map when the Great Göran Fredrik Göransom the founder of Sandvik AB developed an advanced method of producing steel. This did not just put Sandviken on the Swedish map but also created huge international pressure, a business that came to favor not only Sandviken but the whole of Sweden.
Stadshotellet Princess was founded in in 1932.