SKF Group in the news

SKF's extraordinary general meeting approved the distribution of SKF Vertevo shares to shareholders, with trading expected to begin on December 1, 2026.

Towamencin board approved RB Distribution's expansion into the former SKF building, adding manufacturing and distribution space for auto parts.

AB SKF introduced a new lubrication pump, and while its stock has seen recent gains, valuation models present mixed signals on whether it is overvalued or undervalued.

SKF is using AI to resurrect Greta Garbo for a campaign promoting its friction-eliminating magnetic bearings and a re-introduced 1919 financing model.

The 16th SKF Goa River Marathon, sponsored by SKF India, will take place on December 13, celebrating Vasco Sports Club's 75th anniversary and expecting over 7,500 runners.

A new quarter starts with a projected decline for the Stockholm Stock Exchange, while discussions cover Ericsson's new CEO, SKF post-Vertevo, and Swedish banks.

SKF's Extraordinary General Meeting approved the distribution of SKF Vertevo AB shares to shareholders and its planned listing on Nasdaq Stockholm on December 1, 2026.

SKF shareholders approved the spin-off of Vertevo, a move anticipated to be a significant milestone for the company, with Vertevo estimated to be worth around 8 billion SEK.

SKF shareholders have approved the spin-off of its automotive division, SKF Vertevo, which is set to be listed on the Stockholm Stock Exchange on December 1.

SKF used AI to generate a version of Greta Garbo for a new advertisement, sparking discussion about the use of AI in celebrity resurrection.

AB SKF decided to distribute shares in SKF Vertevo AB, continuing its long history of manufacturing rotating solutions globally.

SKF's Puebla plant utilizes Industry 4.0 principles and advanced technologies to produce wheel bearing units for the evolving automotive industry, emphasizing emissions reduction and global supply chain integration.

SKF's shareholders approved the spin-off of its automotive division, now named SKF Vertevo, which is projected to have a turnover of approximately 24 billion SEK this year.

SKF's automotive division, SKF Vertevo, has been spun off and will be listed on the stock exchange on December 1, despite the high cost and current challenges in the European automotive market.

SKF Vertevo is holding a Capital Markets Day on November 17, 2026, to present its strategy and financial targets as it prepares to become an independent, publicly listed automotive company after separating from SKF.

SKF will distribute SKF Vertevo shares to shareholders at a 5:1 ratio.

SKF's shareholders approved the spin-off of its automotive business, Vertevo, with trading expected to begin on December 1.

SKF relaunches Greta Garbo in an AI-powered campaign to promote frictionless magnetic bearings and a century-old payment model.

SKF's Extraordinary General Meeting approved the distribution of SKF Vertevo shares to shareholders, paving the way for SKF Vertevo's listing on Nasdaq Stockholm as an independent automotive bearing company by December 1, 2026.

SKF's Extraordinary General Meeting approved the distribution of SKF Vertevo AB shares to its shareholders, with trading expected to commence on December 1, 2026.