It's an asynchronous 50Hz 2 pole induction motor. That 5% slip looks like the max torque loaded speed. Unloaded (spinning freely) it'll probably run at something like 2990 rpm (2998 rpm seems to ring a bell in my mind though).
It's the slip frequency that induces the necessary magnetism in the rotor required to make it run. Often the rotor has thick copper or aluminium bars in the rotor slots all joined to end rings of equally thick copper or aluminium which suggest a squirrel cage entirely filled with an iron core, hence the name "Squirrel Cage Motor".
A synchronous 50Hz 2 pole induction motor would have had a speed of
3000rpm (permanent magnet rotor or dc excited via slip rings).