About SKF

We’re a part of
everyday life
around the world

And while you might not have noticed, we’re pretty sure we make a difference in yours.

Wherever there’s motion

While you might not know much about us, we’re pretty sure we make a difference in your day-to-day life. But our impact isn’t limited to the everyday conveniences; for over a century, we have been a cornerstone of industrial life.

42 641

Employees

29

Remanufacturing sites

15

Technology Centres

129

Countries

17 000

Distributors

40

Customer industries

Research and technology development

Co-innovation creates tomorrow’s technologies

Roughly 20% of global energy goes to overcoming friction. Through collaboration and knowledge sharing, the industry has a real possibility to pull that number down. Let’s join forces in the fight against friction.

Sustainability

For a world of sustainable rotation

Reducing friction is at the core of what we do. With that, our work towards creating a sustainable business has already come a long way. But we still strive to do more to enable the shift we need in society.

Our purpose

Our purpose guides our
everyday actions and decisions

This is us

People think we’re an engineering company

We’re often called an engineering company. But SKF is really made up of brilliant people within many different fields of expertise. Meet some of them and find out why they love working here (and why you would too).

CODE OF CONDUCT

The SKF Code of Conduct outlines our most fundamental responsibilities.

01     Responsibility towards customers, distributors and suppliers

To foster an open and ethical business culture. One where we act with care, honesty and integrity in the work we perform. We treat our business partners and competitors fairly and with respect, as well as advocate for a free and fair market.

02     Responsibility towards employees

We strive towards a positive and engaging work environment, where health and safety, well-being and employee recognition are prioritized. Our employees are given equal opportunities to develop their skills and competence, to reach their full potential.

03     Responsibility towards society and the environment

Our social and environmental responsibility is based on an ethical way of doing business, whilst securing steady growth. It means contributing to the local communities in which we operate, and to the well-being of people and planet at large.

04      Responsibility towards shareholders

The interests of our shareholders are considered in the decisions made throughout the business. We strive for a sustainable and improving return for our stakeholders, whilst promoting high business standards for people and the planet.

Our Code of Conduct

History timeline

A century of rotation

Ever since 1907, we have had a clear focus – to reduce friction in rotation. Over the years, we have reached many milestones and contributed to industrial progress everywhere.

The latest news

SKF and voestalpine reach milestone to decarbonize bearing production

Gothenburg, 10 July 2024: SKF and voestalpine Wire Technology, a subsidiary of the leading steel and technology group voestalpine, have successfully produced the first prototype bearing made from steel that contains hydrogen direct reduced iron (H-DRI).

SKF makes strategic acquisition to strengthen its lubrication management capabilities

Gothenburg, 14 August 2024: SKF has signed an agreement to acquire John Sample Group’s (JSG) Lubrication and Flow Management businesses. JSG is awell established provider of lubrication management systems and services.

Innovation and sustainability are the core of SKF’s participation at InnoTrans 2024

Gothenburg, 29 October 2024: SKF is committed to creating a more focused and resilient company to serve its customers even better and accelerate profitable growth. As part of the decision from the Group’s strategic review of its……

SKF and DMG MORI collaborate on SKF Insight™ Superprecision bearing system

Gothenburg, Sweden, 31 October 2024: SKF and DMG MORI form a joint development collaboration for large-scale implementation of an innovative SKF Insight™ Super-precision bearing system for machine tool spindles.Under this development program……