AB SKF (publ) (OTCMKTS:SKUFF) is a Sweden-based industrial technology company that develops products and services for rotating equipment and industrial applications. Its portfolio includes rolling bearings, seals, lubrication systems, condition-monitoring technologies, and related maintenance and engineering services. SKF serves customers across industries such as automotive, aerospace, energy, manufacturing, mining, and transportation.
The company was founded in Gothenburg, Sweden, in 1907 after engineer Sven Wingquist developed the self-aligning ball bearing. Since then, SKF has expanded from a bearing manufacturer into a broader provider of technologies designed to improve equipment reliability, efficiency, and service life. Its offerings support both original equipment manufacturers and customers operating industrial machinery.
SKF serves customers through manufacturing, research, sales, and service operations across global markets, including Europe, the Americas, and Asia-Pacific. The company is led by President and Chief Executive Officer Rickard Gustafson, while Hans Stråberg serves as Chair of the Board.