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Rickard Gustafson appointed President and CEO

11th February 2021 The Board of AB SKF has appointed Rickard Gustafson as new President and CEO. Rickard Gustafson will succeed Alrik Danielson and join SKF during the first half of 2021. Rickard Gustafson is currently the President and CEO of the SAS Group. Before joining SAS ten years ago, Rickard Gustafson was... 

SKF targets full carbon-neutral manufacturing by 2030

31st July 2020 Bearing manufacturer SKF is aiming to have its factories carbon neutral by 2030, the Swedish group has announced. The company has already decreased its manufacturing carbon footprint by 36% since 2015 and is operating two carbon-neutral factories.  

Automated Machine Learning is the Rising Star of AI-Driven Industrial Analytics

10th July 2020 At SKF AI, we want to make AI-Driven Industrial Analytics and its benefits to process accessible to all manufacturers, no matter how many data scientists they have on staff. To that end, our SKF Enlight AI maintenance 4.0 solution is built on Automated Machine Learning (AutoML). Freddy Hernandez,... 

SKF appoints new Southern Africa MD

19th May 2020 Boksburg-based bearings, seals and lubrication systems company SKF Southern Africa has appointed Burak Özyurt as its new MD, with immediate effect. After working for Turkish household appliances company Arcelik (known locally as Defy), he joined SKF in 2012 as an application engineer in Turkey... 
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New global costs report confirms new renewables are undercutting existing coal

The cost of electricity from new solar and wind plants is increasingly undercutting the operating costs alone of existing coal‑fired power plants and strengthening the case for their early retirement, a newly released International Renewable Energy Agency (Irena) report confirms. Published on... 

AUDA-Nepad launches centre to accelerate impact of science on Africa's development

The African Union Development Agency New Partnership for Africa's Development (AUDA-Nepad) on June 22 launched a centre of excellence (CoE) in science, technology and innovation to upscale and commercialise home-grown innovations on the continent. The centre was launched in partnership with... 
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