AD SKF is a Swedish public international engineering company, the world’s largest manufacturer of bearings, lubrication systems and mechatronics. The firm was founded in Goteborg in 1907 by an engineer and inventor Sven Gustaf Wingqvist, who had created earlier that year a self-aligning ball bearing which had revolutionary importance in its field. One century later, in 2016 the company’s net income reached the level of 4,2 billion kr.