© Schaeffler

Schaeffler AG and the Schaeffler family are jointly donating 1 million euros to the Red Cross to help combat the coronavirus crisis.

"We have the greatest respect for all the people who are working exceptionally hard to maintain our infrastructure in this exceptional situation. With our donation, we want above all to express our thanks and respect to the doctors and medical care staff who are doing superhuman things these days in the fight against Covid-19," said family shareholder and Chairman of the Supervisory Board Georg F. W. Schaeffler.