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Thyssenkrupp AG plans to transform itself into a holding company with majority stakes in standalone business units, marking the end of its era as a fully integrated industrial conglomerate.
Thyssenkrupp (OTCPK:TYEKF) (OTCPK:TKAMY) -12.7% in German trading Thursday after reporting FQ2 results that widely missed expectations, hurt by what it said was high economic uncertainty among ...
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 ...
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At the Undersea Defence Technology conference, thyssenkrupp Marine Systems and Ulstein Verft signed a Letter of Intent for joint efforts to deliver the next advanced frigates to the Royal ...
If you don’t go away on March Break, the next best place to visit could be The Factory, an indoor family entertainment centre at 100 Kellogg Lane in London billed as the largest in the country.
Despite even the 2025 challenges for the company and the steel macro, I maintain a positive rating on thyssenkrupp due to its solid fundamentals and restructuring progress. However, the recent ...
Meanwhile, Thyssenkrupp’s military-related units expect a boost from greater defence spending. German manufacturer Thyssenkrupp gave a mixed financial update on Thursday as it highlighted rocky ...
Siemens’ generative AI technology is being used by thyssenkrupp Automation Engineering to develop ... the viability of the Industrial Copilot technology, Siemens electronics factory in Erlangen, ...
Thyssenkrupp aims to cut 11,000 jobs in its steel division, which is 40 percent of the current total of 27,000 jobs. Germany’s largest steel company announced this on Monday, leaving ...
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 ...
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