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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.
| 20 Jul 2021 |
| Announcement of change in the total number of votes in AB SKF | 31 May 2021 |
| SKF Q1 2021: Strong organic growth and operating profit, while managing cost and currency headwinds | 22 Apr 2021 |
| SKF Annual Report 2020 | 3 Mar 2021 |
| Announcement of change in the total number of votes in AB SKF | 26 Feb 2021 |