AB SKF

Sweden (SE)

OpenCorporation rating: 17.57 on 100

Ranking 2019: 349 on 504 companies


Primary NACE classification:
Manufacture of bearings, gears, gearing and driving elements (2815)

Company description

This company is engaged in the manufacture and sale of products, solutions, and services in the areas of rolling bearings, seals, mechatronics, and lubrication systems. It was founded in 1907 by Sven Wingquist, and is based in Goteborg, Sweden. The company is the leading global supplier of products, solutions and services in the area, comprising roller bearings, seals, mechatronics, services and lubrication systems. The group service offering also includes technical support, maintenance services, condition monitoring and training. The SKF business is organized into three divisions; Industrial, Automotive and Service. The Industrial Division comprising sales to the industrial OEM customers and the development and manufacturing of a wide range of bearings, mainly spherical and cylindrical roller bearings, angular contact bearings, medium size ball bearings, bearings designed for aircrafts and railways, linear motion and mechatronics products, couplings, and related products and lubrication systems.The Automotive Division comprising sales to the car, light truck, heavy truck, bus, vehicle component industries, vehicle service market, two-wheelers, household appliances, power tools and manufacturers of electrical motors and the development and manufacturing of mainly taper roller bearings, wheel hub bearing units, small ball bearings, seals, special automotive components, complete repair kits for the vehicle service market and forged products. Products include rolling bearings, bearing units, bearing housings, plain bearings, industrial shaft seals, and hydraulic seals. Its condition monitoring products provides value-added smart solutions to assist customers in operating the most effective reliability programs possible. Its range of maintenance products include pullers, fitting tools, heaters, instruments, lubricants, lubricators and oil injection equipment.The Service Division comprising the sales to the industrial aftermarket, mainly through a network of some 7,000 distributors and knowledge based solutions to optimise asset efficiency. The Division also includes logistic services. The Group has a global IS0 14001 environmental certification and global health and safety management standard OHSAS 18001 certification. Its operations has been approved for quality certification in accordance with either ISO 9000 or QS 9000. The company's vision is to equip the world with its knowledge. Its mission is to be the preferred company for its customers, distributors and suppliers; for its employees and shareholders.The company has 100 manufacturing sites distributed all over the world and has its own sales companies in 70 countries, supported by some 15,000 distributors and dealers worldwide. The company is active in Asia, Africa, North America, South America, Europe, and Australia.

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OpenCorporation questionnaire

The read only version of the questionnaire submitted to this company is publicly available: view questionnaire.

score (max is 100)
ratings 2018
53.8
58.7
14
14
1.1
6.6
0
0
0
0
95
30.9

About this evaluation

This evaluation was made on the basis of data publicly available and information provided by company managment.

Claims and support from the company

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