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Rickard Gustafson

Rickard Gustafson

Customs tensions pressure SKF, company hopes for India trade agreement
Business News

Customs tensions pressure SKF, company hopes for India trade agreement

Ball-bearing manufacturer SKF's sales and earnings fell in line with expectations. The company sees a continued tough market in 2026
SKF to Lay Off 1,700 Employees in Europe for Cost Savings
Business News

SKF to Lay Off 1,700 Employees in Europe for Cost Savings

Bearings manufacturer SKF has decided to reduce the workforce, mainly in the European operations. We have a program that unfortunately will mean that 1,700 positions will disappear from the Group, says CEO Rickard Gustafson
SKF CEO: Tariffs Impacting Economic Growth and Demand
Business News

SKF CEO: Tariffs Impacting Economic Growth and Demand

The bearing manufacturer SKF exceeded profit expectations in the first quarter, despite continued headwinds in sales. What awaits ahead is difficult to determine, according to CEO Rickard Gustafson
SKF sells aircraft business for 220 million dollars
Business News

SKF sells aircraft business for 220 million dollars

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