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(Bloomberg) — Thyssenkrupp AG shares tumbled after the steel and engineering group reported a slump in earnings due to weak demand from automotive and industrial customers. Adjusted earnings before ...
Thyssenkrupp AG is exploring exit options for its materials trading unit that could be valued at as much as 2 billion euros ($2.2 billion) in a deal, people familiar with the matter said, as the ...
ThyssenKrupp AG is exploring exit options for its materials trading unit that could be valued at as much as €2 billion ($2.2 billion) in a deal, people familiar with the matter said, as the sprawling ...
FRANKFURT (Reuters) - Thyssenkrupp is moving ahead with a planned spin-off of a minority stake in its warship division, the group said on Friday, adding the newly created holding would be listed ...
BERLIN (Reuters) -Thyssenkrupp is pursuing a spin-off as the main option for divesting its defence business, a spokesperson said on Tuesday after a German newspaper reported several suitors had made ...
Thyssenkrupp Marine Systems (TKMS) aims to establish India as a global submarine and warship construction hub, citing potential 50% cost reductions. Competing for a major Indian Navy contract ...
Thyssenkrupp AG’s steel unit plans to reduce its labor force by about 40% this decade, a move that would shrink a business that’s lost billions of euros to a global steel glut and rising ...
By Melissa Eddy Reporting from Berlin ThyssenKrupp, the largest steel maker in Germany, said Monday that it would eliminate up to 11,000 jobs by 2030, a decision that comes as the country ...
Germany's largest steelmaker ThyssenKrupp has announced a plan to cut its current workforce by more than a third by the end of the decade. German industrial giant ThyssenKrupp Steel Europe on ...
Thyssenkrupp Steel says it intends to complete a direct-reduced iron (DRI) plant already under construction in Germany that will replace two blast furnaces. Executives of Germany-based Thyssenkrupp ...
Thyssenkrupp’s direct reduction plant will utilise hydrogen and green electricity to produce bluemint Steel. Credit: Thyssenkrupp Steel. Volkswagen Group has signed a memorandum of understanding ...
Thyssenkrupp now focusing on spin-off of unit TKMS Remains open to industrial partnerships Thyssenkrupp shares down as much as 3.7% Carlyle's withdrawal as a suitor for Thyssenkrupp Marine Systems ...
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