SKF secures EUR 430 million financing for R&D of sustainable technologies [Yahoo! Finance]
SKF AB S/ADR (SKFRY)
NASDAQ:AMEX Investor Relations:
skf.com/group/investors/investor-relations
Company Research
Source: Yahoo! Finance
The financing will support SKF's research and development (R&D) to increase the focus on high-growth segments and accelerate the design and development of enabling technologies particularly for the green transition and sustainability. "Our strategy aims to deliver substantial customer value in targeted markets through sustained innovation, increased efficiency, and agility. With the support of long-term financing from the EIB, we continue to invest in creating intelligent and sustainable solutions supporting the transition to a more sustainable world," says Rickard Gustafson , President and CEO at SKF. As the climate bank of the European Union (EU), the EIB financing supports the European Green Deal, EU's plan to become net zero by 2050. This financing forms an important part of SKF's overall funding strategy, further helping to complement and diversify the Group's funding sources. "This loan underscores our commitment to supporting innovation for a greener future. As a driver o
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SKFRY
News
- SKF confirms dates for CFO transition [Yahoo! Finance]Yahoo! Finance
- SKF confirms dates for CFO transitionPR Newswire
- SKF confirms dates for CFO transitionPR Newswire
- SKF confirms dates for CFO transitionPR Newswire
- SKF interim report Q3 2024: Solid margin and strong cash flow in weak marketsPR Newswire
SKFRY
Earnings
- 10/30/24 - Beat
SKFRY
Analyst Actions
- 10/15/24 - Citigroup Inc.