For other uses, see SKF (disambiguation). AB SKF Headquarters of SKF in Gothenburg, Sweden (2020) Type Publicly traded Aktiebolag Traded as Nasdaq Stockholm: SKF B ISIN SE0000108201 SE0000108227 Industry Manufacturing Founded 1907; 117 years ago Founders Sven Wingquist Axel Carlander Headquarters Gothenburg, Sweden Area served Worldwide Key people Hans Stråberg (Chairman) Rickard Gustafson (President & CEO) Products Bearings Seals Lubrication systems Maintenance products Condition Monitoring Grease Revenue Increase 81.73 billion kr (2021)[1] Operating income Increase 10.76 billion kr (2021)[1] Net income Increase 7.58 billion kr (2021)[1] Total assets Increase 99.63 billion kr (2021)[1] Total equity Increase 45.37 billion kr (2021)[1] Owner FAM AB (14%; 29.3% votes)[1]: 47  Number of employees 42, 602 (end 2021)[1] Subsidiaries GLOi Kaydon Corporation Blohm + Voss Industries General Bearing Corp. Alemite Lincoln Reelcraft +150 other Website skf.com AB SKF (Swedish: Svenska Kullagerfabriken, 'Swedish Ball Bearing Factory') is a Swedish bearing and seal manufacturing company founded in Gothenburg, Sweden, in 1907. The company manufactures and supplies bearings, seals, lubrication and lubrication systems, maintenance products, mechatronics products, power transmission products, condition monitoring systems and related services globally.[2] SKF is the world's largest bearing manufacturer, [3] and employs 44, 000 people in 108 manufacturing units. It has the largest industrial distributor network in the industry, with 17, 000 distributor locations encompassing 130 countries.[1]: 4  SKF is one of the largest companies in Sweden and among the largest public companies in the world.[4]