OTC:SKFRY

SKF bearings help Mars Rover collect rock and regolith samples on the planet's surface

- Each time the Perseverance Mars Rover collects or handles rock and regolith samples in Jezero Crater during its multiple-year mission on the surface of the red planet, key components fromSKF will facilitate that those activities successfully take place GOTHENBURG, Sweden, April 7, 2021 /PRNews...

2021-04-07 21:16 5220

Annual General Meeting of AB SKF

GOTHENBURG, Sweden, March 25, 2021 /PRNewswire/ -- The Annual General Meeting of Aktiebolaget SKF, parent company of the SKF Group, was held on Thursday,25 March 2021. Due to the contagious Covid-19 and the authorities' regulations/guidance on avoiding gatherings of people, the general meeting w...

2021-03-25 21:07 4384

SKF invests SEK 400 million in Airasca, Italy

GOTHENBURG, Sweden, March 4, 2021 /PRNewswire/ -- SKF is investing SEK 400 million in expanding and modernizing its manufacturing facility in Airasca, Italy. The investment will bring the manufacturing of super-precision bearings (SuPBs) for industrial applications into the Group's largest manufa...

2021-03-04 18:43 5657

Announcement of change in the total number of votes in AB SKF

GOTHENBURG, Sweden, Feb. 26, 2021 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following. As per 26 February, the Company's share capital amounts to SEK 1,138,377,670 and the total number of ...

2021-02-26 17:27 6706

SKF: Notice of Annual General Meeting

GÖTEBORG, Sweden, Feb. 17, 2021 /PRNewswire/ -- Notice is hereby given that the Annual General Meeting of Aktiebolaget SKF, reg. no. 556007-3495, will be held on Thursday,25 March 2021. Due to the contagious Covid-19 and the authorities' regulations/guidance on avoiding gatherings of people, th...

2021-02-17 16:04 5325

SKF's year-end results to be published on 2 February

GOTHENBURG, Sweden, Jan. 21, 2021 /PRNewswire/ -- SKF will publish its year-end results for 2020 on2 February 2021 at approximately 13:00 (CET). Investors, analysts and media are invited to join a Webcast, with the opportunity to ask questions via the chat function, at 14:00 (CET). To join the ...

2021-01-21 21:36 5308

Rickard Gustafson appointed President and CEO

GOTHENBURG, Sweden, Jan. 12, 2021 /PRNewswire/ --  The Board of AB SKF has appointedRickard Gustafson as new President and CEO. Rickard Gustafson will succeedAlrik Danielson and join SKF during the first half of 2021. Rickard Gustafson is currently the President and CEO of the SAS Group. Before ...

2021-01-12 11:17 3684

Announcement of change in the total number of votes in AB SKF

GOTHENBURG, Sweden, Dec. 30, 2020 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following. As per 30 December, the Company's share capital amounts to SEK 1,138,377,670 and the total number of ...

2020-12-30 15:23 6856

Alrik Danielson to step down as President and CEO during 2021

GÖTEBORG, Sweden, Nov. 17, 2020 /PRNewswire/ -- The Board of AB SKF and Alrik Danielson have jointly agreed that Alrik Danielson will leave his role as President and CEO in 2021, a role he has held sinceJanuary 2015. The Board has started the process of recruiting a new President and CEO. Hans S...

2020-11-17 03:11 3186

SKF Capital Markets Day 2020: delivering on our transformation

GOTHENBURG, Sweden, Nov. 4, 2020 /PRNewswire/ -- SKF's virtual Capital Markets Day on 4 November will focus on the transformation of the Group into an even stronger SKF. This includes transformation of SKF's manufacturing footprint, operational improvements, new business models and technology inv...

2020-11-04 19:36 5392

SKF consolidates manufacturing and organisational structure in France

GOTHENBURG, Sweden, Nov. 3, 2020 /PRNewswire/ -- SKF today announces a consolidation and restructuring of various manufacturing, business and administrative functions inFrance. Consequently, manufacturing of slewing bearings would be moved from Avallon to St-Cyr-sur-Loire, resulting in the propo...

2020-11-03 18:25 7249

Announcement of change in the total number of votes in AB SKF

GOTHENBURG, Sweden, Oct. 30, 2020 /PRNewswire/ -- Due to a conversion of shares from Series A to Series B in accordance with AB SKF's Articles of Association, the Company confirms the following. As per 30 October, the Company's share capital amounts to SEK 1,138,377,670 and the total number of s...

2020-10-30 20:11 6102

Registration for SKF Capital Markets Day 2020 is now open

GOTHENBURG, Sweden, Oct. 28, 2020 /PRNewswire/ -- SKF welcomes institutional investors, financial analysts and financial media to the Group's first virtual Capital Markets Day on 4 November at 13:00-16:00 (CET). To participate, please register at:https://skf.6connex.com/event/4/register. During ...

2020-10-28 16:36 3348

SKF Nine-month report 2020: Strategy implementation continues to drive strong results

GOTHENBURG, Sweden, Oct. 27, 2020 /PRNewswire/ -- Alrik Danielson, President and CEO: "SKF's transformation into a more customer-focused, innovative and lean business continues. Our strong results in the third quarter illustrate that we are delivering on the implementation of our strategy, inclu...

2020-10-27 20:49 3316

SKF to publish nine-months results on 27 October

GOTHENBURG, Sweden, Oct. 16, 2020 /PRNewswire/ -- SKF will publish its nine-months results for 2020 on27 October 2020 at approximately 13:00 (CET). Investors, analysts and media are invited to join a Webcast, which will be held in English, at 14:00 (CET). Participants will have the opportunity t...

2020-10-16 17:56 11253

Nomination Committee of AB SKF for the Annual General Meeting 2021

GOTHENBURG, Sweden, Sept. 25, 2020 /PRNewswire/ -- In accordance with a resolution taken at the Annual General Meeting of AB SKF on 26 March 2020, this is to announce, due to changes of the four largest shareholders by number of votes, the representatives who, together with the Chairman of the Bo...

2020-09-25 21:42 9694

SKF joins the Renewable Energy 100 initiative

GOTHENBURG, Sweden, Sept. 23, 2020 /PRNewswire/ -- As part of SKF's goal to achieve Carbon Neutrality for its global manufacturing operations by 2030, the company is pleased to announce that it has joined the Renewable Energy 100 (RE100) initiative. RE100 is a global initiative bringing together...

2020-09-23 21:28 9623

SKF invests in strengthened competitiveness in North America

GOTHENBURG, Sweden, Sept. 22, 2020 /PRNewswire/ -- SKF is investing approximatelySEK 550 million in strengthening its manufacturing footprint and competitiveness inNorth America. Approximately SEK 350 million is being invested in expanding and automating manufacturing processes at the Group's f...

2020-09-22 22:07 6784

SKF and Deacero in fee-based partnership to improve performance

GOTEBORG, Sweden, Sept. 21, 2020 /PRNewswire/ -- SKF is partnering with Deacero, the Mexican steel manufacturer, to improve performance and reduce downtime at their steel rolling mill inCelaya. The partnership is built on a fee-based set-up covering bearings, bearing remanufacturing, maintenanc...

2020-09-21 22:04 6945

SKF Half-year report 2020: Continued very strong operating result, despite sharp fall in demand

GOTHENBURG, Sweden, July 21, 2020 /PRNewswire/ -- Alrik Danielson, President and CEO: "We have delivered another very strong operating result, despite sales falling by 25% during the second quarter. This performance allowed us to continue to build a stronger SKF, maintaining high levels of inves...

2020-07-21 14:19 12177
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