Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

AB SKF (Swedish: Svenska Kullagerfabriken; 'Swedish Ball Bearing Factory') is a Swedish bearing and seal manufacturing company founded in Gothenburg, Sweden, in 1907. The company manufactures and supplies bearings, seals, lubrication and lubrication systems, maintenance products, mechatronics products, power transmission products, condition monitoring systems and related services globally.

 
 
 
 
 

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed
Revenue(RF), mln.USD
83
Assets(RF), mln.USD
50
Capital(RF), mln.USD
41
Glob.Revenue, mln.USD
8097
Staff(RF), 2021
270
Taxes(RF), mln.USD
3
The Company Statement
April 22, 2022

End sales and production in Russia

Open the Statement
Statements Archive
April 22, 2022SKF has decided to exit Russia
April 22, 2022Sweden's SKF to exit Russia, take 500 million SEK write-down
March 29, 2022The world's largest manufacturer of bearings stops work in the Russian Federation
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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