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SKF, legally known as Aktiebolaget SKF, is a world-leading Swedish bearing and seal manufacturing company founded in Gothenburg, Sweden, in 1907. The company was established following Sven Wingquist's invention of the self-aligning ball bearing, a revolutionary development that transformed industrial machinery.
Today, SKF operates as a global industrial powerhouse with a manufacturing footprint spanning dozens of countries, including Sweden, Germany, China, India, and the United States. While it remains headquartered in Gothenburg, its products are essential components in various sectors ranging from automotive and aerospace to renewable energy and heavy manufacturing.
SKF is a publicly traded company listed on the Nasdaq Stockholm. It remains the ultimate owner of its brand and various specialized subsidiaries worldwide. The company continues to lead the market through innovation in lubrication systems, maintenance products, and mechatronics, maintaining its status as one of Sweden's most significant industrial exports.
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