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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.
| 22 Sept 2009 |
| SKF invests in China - SKF redoubles Dalian factory capacity and forms strategic partnership with Sinovel Wind Co. Ltd. | 14 Sept 2009 |
| SKF selected sector leader in Dow Jones Sustainability Indexes | 8 Sept 2009 |
| SKF signs a global reliability services contract with Transocean for 59 drilling rigs | 3 Sept 2009 |
| SKF Half-year report 2009 | 15 Jul 2009 |