Thyssenkrupp

Loss-making Thyssenkrupp Steel plans to reduce workforce by around 40%

Thyssenkrupp Steel Europe is now valued at 2.4 billion euros in the group’s books, less than half what it was worth two years ago, as the prospects for Europe’s biggest economy continue to darken.

Thyssenkrupp takes US$1 billion hit on steel unit as outlook darkens

The management struggle comes against a background of higher costs and growing imports of cheaper Asian steel, placing the future of Germany’s largest steelmaker further into question.

Thyssenkrupp crisis deepens as heads of steel unit quit

Under the agreement, Thyssenkrupp’s Uhde unit, which designs and builds fertiliser, petrochemicals and coking plants, will provide ammonia cracking technology that is already in use in over 130 chemicals plants globally.

Thyssenkrupp, Adnoc sign MoU to cooperate on ammonium cracking plant

Thyssenkrupp and Tata in 2019 had sought to tackle over-capacity and other challenges in the steel industry via the joint venture but the European Commission said the deal could result in price hikes.

Thyssenkrupp, Tata lose fight against EU veto of joint venture

Kone makes highest offer for Thyssenkrupp elevators: sources

Kone makes highest offer for Thyssenkrupp elevators: sources

Brookfield, Temasek still in the running for Thyssenkrupp's 15b euro elevator unit

Brookfield, Temasek still in the running for Thyssenkrupp's 15b euro elevator unit

Thousands of Thyssenkrupp steelworkers protest against German job cuts

Thousands of Thyssenkrupp steelworkers protest against German job cuts

GIC raises stake in German conglomerate Thyssenkrupp

GIC raises stake in German conglomerate Thyssenkrupp

Thyssenkrupp eyeing outgoing Daimler CFO as chairman: sources

Thyssenkrupp eyeing outgoing Daimler CFO as chairman: sources