Industriewerk Schaeffler INA-Ingenieurdienst GmbH, a subsidiary of Schaeffler AG, has signed a share purchase agreement to acquire 100 percent of the shares in Dhruva Automation & Controls (P) Ltd. (hereinafter referred to as “Dhruva”). Dhruva, based in Pune, India, is an engineering and service provider specializing in smart industrial automation and software solutions in the Asia/Pacific region. Founded…

- Sales of €5.4 billion approximately 18 percent above previous year period - EBIT rises 20 percent to €883 million, EBIT margin at 16.4 percent - Net income up to €641 million - Sustained positive free cash flow of €77 million - Forecast for 2011: Sales now expected to increase by at least 10 per-cent, EBIT margin target higher than 13 percent - Workforce increases by 5.3 percent worldwide The Schaeffler…

Schaeffler and Neura Robotics, a high-tech company in the field of cognitive robotics, have founded a trailblazing technology partnership. The collaboration covers the development and supply of key components – such as innovative actuators – for humanoid robots. Moreover, Schaeffler will deploy humanoids from Neura in its global production network and integrate a mid-four-digit number of humanoids into its…

Schaeffler has assessed and certified its distribution partners worldwide as part of its Distribution Partner Concept. The global network comprises more than 1,000 distribution partners with over 4,000 offices. With this standardized certification, the Distribution Partner Concept ensures an optimum expert advice and supply strategy for end customers by providing support through distribution partners that…

The Motion Technology Company Schaeffler honored 15 suppliers with the Schaeffler Supplier Award in recognition of their outstanding performance at this year’s Supplier Day in Herzogenaurach. The event was held for the first time since the merger with Vitesco Technologies and featured an expanded lineup of core suppliers. At a ceremony attended by about 320 guests, Schaeffler AG family shareholder and…

The integration of Compact Dynamics is a further important step for Schaeffler as it expands its electric mobility activities. By doing so, the company is strengthening its development expertise, complementing its range of services, and expanding added value opportunities for electric drive systems. Today, Schaeffler holds the majority of the shares of electric motor specialists Compact Dynamics. The…

In November, 2024, the Board of Managing Directors of Schaeffler AG announced structural measures for Europe aimed at securing a long-term increase in the company’s competitiveness. Having previously announced the principally affected locations, which are in Germany, the company is now ready to release details regarding four further locations in Europe. The structural measures in Europe outside of Germany…

Schaeffler AG is selling its Chinese turbocharger business, which is in decline and consolidated under Vitesco Automotive Shanghai Co., Ltd., to Chengdu Xiling Power Science & Technology Incorporated Company (“Xiling”), a leading Chinese specialist in turbocharger technology. With this step, Schaeffler AG is implementing the portfolio streamlining strategy announced at its Capital Markets Day on September…

With the opening of the new 6,000 square meter toolshop, Schaufler Tooling has reached an important strategic milestone in strengthening its presence in China and expanding its global manufacturing network. It is now possible to manufacture moulds with a total weight of over 200 tons for casting machines with a clamping force of up to 12,000 tons. "We are the only die-casting mould group with its own…

Honoured was a highly aluminium structural casting (dimensions: 630 x 436 x 355; weight: 3.135 kg, alloy aisi 10MgMn) with a thickness of just 1.5 mm. The special feature is the production using 4-plate technology, with considerable advantages in terms of flow paths and sprue. This means that the sprue areas can be produced in highly quality. In addition, the aluminium lightweight construction has been able…