Which brands are included in skf:
Kaydo, Cooper, PEER, GBC, CR Seals, RecondOil, Lincoln, Alemite, MITYVAC
What does the skf company make:
Kaydo – is a brand of special seals for general industrial purposes, as well as for the oil and gas and aerospace industries.
Cooper – is a leading brand in the field of detachable bearings that provide simplified maintenance and reduced downtime.
PEER – brand of bearings.
GBC - manufactures, assembles and supplies a variety of bearing components and finished bearings, including ball bearings, tapered roller bearings, spherical roller bearings and cylindrical roller bearings under the Hyatt and The General brands.
CR Seals – remains an important brand for the entire range of shaft seals.
RecondOil – double separation technology ensures environmentally safe use of industrial oil.
Lincoln – brand of SKF lubrication systems.
Alemite – is a leading brand of tools and equipment for the fluid handling and cleaning industry.
MITYVAC - a brand of means for diagnostics, repair and maintenance of cars
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Has skf left the Russian market? March 28, 2022 - the official channel of the duplicate ticket:
“Last week we planned to hold a rally near the SKF head office. It is the largest manufacturer of bearings in the world and in Russia.
Bearings are one of the key elements for the production of Russian cars (including those that transport tanks to our borders). These parts are also supplied to KAMAZ and GAZ plants. Therefore, the issue of bearings is not only economic, but also purely military.
SKF owns a large plant in Tver and has not made any official statements about leaving Russia (which is why we planned to picket their office).
But now we know that SKF has stopped its plant! The supply of bearings has stopped! This was announced on the company's internal portal by its president.
Experts say that in Russia there are 1-2 months of inventory of bearings left.
In addition to SKF, there are two other major foreign manufacturers of bearings in Russia — the American companies Amsted Rail and Timken. These companies have not yet made official statements either — activists in the states of Illinois and Ohio should get ready..."
Source
April 22, 2023 - Kse institute:
Completion of sales and production in Russia
Source
August 15, 2024 - Yale School of Management:
A bit of background to the fact check source:
“We have a team of experts with experience in financial analysis, economics, accounting, strategy, management, geopolitics and Eurasian affairs, fluent in ten languages, including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and in English, collecting this unique set of data from open sources such as government regulatory documents, tax documents, company reports, financial analysts' reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network with more than 250 company insiders, informants and management contacts. ”
Company status SKF according to the analysis: end sales and production in Russia
Source
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Brands: Kaydo, Cooper, PEER, GBC, CR Seals, RecondOil, Lincoln, Alemite, MITYVAC