SKF secures SEK 50 million order from Siemens for European railways

2012 February 02, 14:01 CET

SKF today announced that they have been awarded two contracts totaling around SEK 50 million from Siemens Rail Systems for railway projects in Europe.

“The European passenger transportation market has been strong and continues to grow,” says Henrik Lange, President, SKF Industrial Market, Strategic Industries. “We are happy to be able to deliver SKF advanced solutions to Siemens railway projects.”

SKF will deliver axle boxes and wheel set bearing units for Siemens’ rolling stock projects in the UK and Poland.

Gothenburg, 02 February 2012

Aktiebolaget SKF

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Marita Björk, Head of Investor Relations
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SKF is a leading global supplier of bearings, seals, mechatronics, lubrication systems, and services which include technical support, maintenance and reliability services, engineering consulting and training. SKF is represented in more than 130 countries and has 15,000 distributor locations worldwide. Annual sales in 2011 were SEK 66,216 million and the number of employees was 46,039.

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