Together, the Schaeffler AG and the Schaeffler family donate 1 million euros to the Red Cross in order to help combat the corona crisis.

"We have the greatest respect for all people who maintain our infrastructure with exceptional commitment in this exceptional situation. With our donation we especially want to express our thanks and respect to the doctors and medical nurses who are doing superhuman things in the fight against Covid-19 these days, ”said family partner and chairman of the supervisory board Georg F. W. Schaeffler.

In February, Schaeffler AG donated 800,000 euros to local Chinese aid organizations and supported the Red Cross in China.

Klaus Rosenfeld, CEO of Schaeffler AG, said: “The corona crisis has now taken on global proportions. In this difficult time, we are all required to do our utmost to combat the crisis. That is part of our social responsibility. "