Schaeffler is presenting the new automatic bicycle gearshift system FAG-VELOMATIC at EUROBIKE 2014.
Tag Archives: Schaeffler
Schaeffler refinances €3.5 billion of debt
German supplier Schaeffler said it had refinanced around €3.5 billion ($4.9 billion) worth of debt, including new bond issues of around €2 billion, as borrowing costs approach record lows in Europe.
Schaeffler and Continental to expand cooperation
Schaeffler says it will streamline its operations and widen cooperation with fellow German supplier Continental.
Schaeffler takes €380 million provision on EU antitrust fine
German supplier Schaeffler took a €380 million ($526 million) provision after being fined in a European Union antitrust probe.
SKF & Schaeffler fined combined €953.3 million in EU ball-bearing case
SKF, the world’s largest maker of ball bearings, and Schaeffler were among five suppliers that agreed to pay a combined 953.3 million euros ($1.3 billion) to settle a European Union probe into an automotive-parts cartel.
