SKF

AB SKF

Headquarters of SKF in Gothenburg, Sweden (2020)
Company type	Publicly traded Aktiebolag
Traded as	Nasdaq Stockholm: SKF B
ISIN	SE0000108201 SE0000108227
Industry	Manufacturing
Founded	1907; 117 years ago (1907)
Founders	Sven Wingquist Axel Carlander
Headquarters	Gothenburg, Sweden
Area served	Worldwide
Key people	Hans Stråberg (Chairman) Rickard Gustafson (President & CEO)
Products	Bearings Seals Lubrication systems Maintenance products Condition Monitoring Grease
Revenue	81.73 billion kr (2021)[1]
Operating income	10.76 billion kr (2021)[1]
Net income	7.58 billion kr (2021)[1]
Total assets	99.63 billion kr (2021)[1]
Total equity	45.37 billion kr (2021)[1]
Owner	FAM AB (14%; 29.3% votes)[1]: 47
Number of employees	42,602 (end 2021)[1]
Subsidiaries	GLOi Kaydon Corporation Blohm + Voss Industries General Bearing Corp. Alemite Lincoln Reelcraft +150 other
Website	skf.com

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.^[2]

SKF is the world's largest bearing manufacturer^[3] and employs 44,000 people in 108 manufacturing units. It has the largest industrial distributor network in the industry, with 17,000 distributor locations encompassing 130 countries.^[1]: 4 SKF is one of the largest companies in Sweden and among the largest public companies in the world.^[4]