The draft White Paper on National Rail Policy is expected to be completed by the end of this year, with the legislative process only expected to begin post the 2019 national elections. The promulgation of the draft White Paper will be the first time in which government will be giving the South African rail sector policy direction in …
Nhlanhla Nene has been dropped from South Africa’s cabinet twice in three years – and his misfortunes have been the catalyst that turned one of the biggest rand bears into one of the biggest bulls. As the currency declined this week amid speculation that Nene would resign as finance minister, Nomura International recommended a lo…
Recent political and economic uncertainty, including the perception of corruption, have clouded investor sentiment in South Africa, auditing firm PricewaterhouseCoopers (PwC) said on Thursday. A PwC report said trade openness and the efficiency of government regulation were among the most influenti
The South African Wind Energy Association (SAWEA) will appeal for a “smooth rolling procurement” of new wind-energy capacity in its response to the draft Integrated Resource Plan (IRP 2018) so as to close a three-year procurement gap in the current document. The Draft IRP 2018 was released on Augu
AB SKF (OTCMKTS:SKFRY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Wednesday. According to Zacks, “SKF AB engages in the manufacturing of ball and roller bearings, seals, tools for m
Where accuracy is required, it is important for engineers to consider the forces acting on a bearing. Because a bearing typically supports the free motion of a shaft about an axis of rotation, two forces normally act on the bearing: a radial load and a thrust load. But, what is the impact of these forces? Here, Chris Johnson, managing direc…
High quality and durable spare parts in original-equipment quality are key factors for fleet operators and transport businesses when it comes to lowering total cost of ownership and extending service intervals. This is especially true with clutch repair on Heavy Commercial Vehic
As part of its future program “Agenda 4 plus One”, Schaeffler is investing 60 million euros to enhance its location in Bühl. This project will see the construction of a state-of-the-art development building and new headquarters for the company’s Automotive OEM division. At the s
Based on current projections, Schaeffler is now forecasting the Automotive OEM division’s revenue to grow by 4.5 to 5.5 percent at constant currency (previously 6 to 7 percent), reflecting market conditions. This adjustment is driven by lower demand in the regions Greater China
The DTM in Spielberg - for the eighth time in a row, the Red Bull Ring is a spectacular stage. This coming weekend (22 to 23 September), it's back to Austria. Schaeffler driver Mike Rockenfeller appears confident. Many ups and downs have Austria's most important racetrack - purely topographically, but also historically. Nowhere else will DT…
The global automotive and industrial supplier Schaeffler today confirmed its forecast for the year 2018 for the Schaeffler Group. Accordingly, the Group continues to anticipate currency-adjusted sales growth of 5 to 6 percent, an EBIT margin before special effects of 10.5 to 11.5 percent, and free cash flow before cash inflows and outflows …
The "Flatrate für Radsatzlager" comes: Justin Southcombe, commercial director at Perpetuum, dr. Stefan Spindler, Chief Operating Officer of Schaeffler AG, Steve Turley, CEO of Perpetuum and Dr. Ing. Michael Holzapfel, Head of Railway Industry Europe at Schaeffler, sign a letter of intent at InnoTrans 2018.
On the basis of the real loads from the operation of the wind power plant, Schaeffler and ZF use jointly developed expert models to produce analyzes and forecasts on the state of the transmission.
Schaeffler now offers its FAG rotor flange bearing as a coordinated system consisting of bearing unit, lubricant and sensor technology. How can typical damage patterns
The global automotive and industrial supplier Schaeffler has today established a EUR 5.0 billion bond issuance program. The relevant base prospectus was previously approved by the Luxembourg supervisory authority Commission de Surveillance du Secteur Financier (CSSF). The bond program creates a flexible framework for future financing via th…
Klaus Rosenfeld joined Dresdner Bank AG in 2009 as CFO of the Schaeffler Group. In June 2014, he was appointed Chairman of the Board of Management of Schaeffler AG. Under his leadership, the initial public offering of Schaeffler AG took place in October 2015. With the "Mobility for Tomorrow" strategy and the "Agenda 4 plus One" future program, …
The new version of the Schaeffler spare parts catalog "LuK Heavy Duty Couplings 2018/2019" lists, among other things, further products and repair solutions for Euro 6 vehicles.
