Date: 2013-08-01

SKF to Build Factory in Russia for Railway Bearings

SKF to Build Factory in Russia for Railway Bearings

SKF has decided to build a factory in Russia for taper bearing units to supply to the fast growing Russian railway market. This new investment will further strengthen SKF's position as world leader in the railway industry.

The construction of the new factory will start in September 2008 and will be in operations by April 2010. The factory will also have a channel dedicated to reconditioning of bearings.

The Group's investment amounts to around SEK 235 million and the number of employees will be about 150.The final site for the new factory is not yet decided, but is expected to be in the vicinity of Moscow.

The Russian railways, RZD, is rebuilding its rail transport system, both infrastructure and rolling stock, and is now the world

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Product Model	Inside Diameter	Outside Diameter	Thickness
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