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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.
| 31 Mar 2009 |
| Notice of Annual General Meeting | 17 Mar 2009 |
| AB SKF publishes its Annual Report 2008 including Sustainability Report | 11 Mar 2009 |
| SKF to change accounting principle for postemployment benefit obligations | 11 Mar 2009 |
| SKF delivers bearings for 500 Chinese locomotives | 9 Mar 2009 |