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Swedish bearings maker SKF on Tuesday detailed its strategy to separate its industrial and automotive businesses, a move that will involve restructuring and separation charges totaling 6.5 billion Swedish kronor.
Swedish bearings maker SKF said Wednesday that costs related to the planned spin-off of its automotive business hit its third-quarter cash flow.
Swedish bearings maker SKF said Friday it will cut a net 1,200 jobs, primarily staff positions in Europe, as part of a plan to improve the competitiveness of its industrial business.
| 16 Jul 2013 |
| The announcement of change in the total number of votes in AB SKF | 28 Jun 2013 |
| SKF First-quarter report 2013 | 17 Apr 2013 |
| SKF’s programme to improve efficiency, reduce cost and strengthen profitable growth continues | 10 Apr 2013 |
| The announcement of change in the total number of votes in AB SKF | 28 Mar 2013 |