Schaeffler Technologies AG & Co. KG, also known as Schaeffler Group, is a German manufacturer of rolling element bearings for automotive, aerospace and industrial uses before October 9, 2015, IPO in Germany. The Schaeffler Group is a leading global supplier to the automotive and industrial sectors. Its portfolio includes high-precision components and systems for engine, transmission, and chassis applications as well as rolling and plain bearing solutions for a large number of industrial applications. The Schaeffler Group is already shaping “Mobility for tomorrow” to a significant degree with innovative and sustainable technologies for electric mobility, digitalization, and Industry 4.0. Schaeffler is one of the world’s largest family companies and, with approximately 170 locations in over 50 countries, has a worldwide network of manufacturing locations, research and development facilities, and sales companies. "Our employees’ creativity and speed and their awareness of the importance of their personal performance ensure that we maintain our competitive edge. Our personnel development is characterized by continuing education. "