Schaeffler AG acquires Indian Engineering and Service Provider Dhruva for Smart Automation Acquisition of Dhruva Automation & Controls (P) Ltd. provides Schaeffler with promising access to rapidly expanding markets in the Asia/Pacific region Dhruva becomes a key partner for Schaeffler Digital Solutions GmbH in India, supporting numerous ext [ … ]

Schaeffler provides more information on structural measures for locations outside of Germany Bearings & Industrial Solutions division’s bearings production in Berndorf, Austria, to be discontinued Company locations in Kysuce, Slovakia, and Brasov, Romania, will take on production capacity but will also be affected by job reductions Product [ … ]

Schaeffler announces structural measures in Europe to boost competitiveness Program of measures comprises three main strands: (1) Increasing earnings from Bearings & Industrial Solutions (2) Realizing synergies from the merger with Vitesco (3) Capacity realignments necessitated by ongoing transformation of the automotive supply industry  [ … ]

Schaeffler stays on track in year of transition 2024 Revenue for the first nine months of 2024 increased by 1.0 percent at constant currency to 12,233 million euros (prior year: 12,270 million euros) EBIT before special items for the reporting period at 713 million euros (prior year: 964 million), EBIT margin at 5.8 percent (prior year: 7.9 per [ … ]

  Schaeffler opens state-of-the-art technology center in Herzogenaurach   Successful completion of technology center at company’s headquarters in Herzogenaurach Investment of around 90 million euros is proof of company’s commitment to the region and to Germany as an industrial base Technology center pools development expertise in material [ … ]

  Trading in common shares of Schaeffler begins on the Frankfurt Stock Exchange upon completion of the merger with Vitesco   First price of the Schaeffler share following the merger at EUR 4.50 Following the share class conversion, all shareholders hold common shares with full voting rights Inclusion of Schaeffler shares in the MDAX and M [ … ]