SKF was founded on 1907, for the purpose of producing bearings. Specially, The new ball bearing was successful accross Europe.
Manufacturing operations and plants also were later established and was in operation in other countries in the comming years.
By 1912, SKF was represented in 32 countries and by 1930, a staff of over 21,000 were employed in 12 manufacturing facilities worldwide. In the begining of 1970's SKF changed direction and put on a massive production rationalization program in Europe.
As MDE Arge and Manlift-Parts we offer all type of SKF Products, spare parts and Solutions with off market prices and earliest delivery options. Please do not hesitate to get in contact with our sales team for SKF enquiries.
1926 The founding of Volvo AB as a subsidiary to test SKF's bearings.
1932 Patenting of the 'narrow type' spherical roller bearing and the self-aligning spherical roller bearing.
1935 Volvo becomes an independent company as SKF refocuses on its core business.
1943 Introduction of the OK oil-injection shaft coupling for marine propeller shafts.
1953 Introduction of high-precision bearings driven by increased automation.
1970s Initiation of a large-scale production rationalization program in Europe, including the 'Production Concept for the 80s'.
2024 SKF invested SEK 3.33 billion in R&D, with over 90% focused on high-growth markets.
2024 Achieved a 59% reduction in Scope 1 and 2 carbon emissions compared to 2019.
2024 Net sales declined by 5.4% year-over-year to SEK 98.7 billion, with an adjusted operating margin of 12.3%.
