ThyssenKrupp

ThyssenKrupp AG
	Headquarters in Essen
Company type	Aktiengesellschaft
Traded as	FWB: TKA
ISIN	DE0007500001
Industry	Conglomerate
Predecessors	Thyssen AG; Friedrich Krupp AG;
Founded	17 March 1999
Headquarters	Duisburg and Essen, Germany
Area served	Worldwide
Key people	Executive board: ; Martina Merz; (CEO), ; Oliver Burkhard, ; Johannes Dietsch, ; Klaus Keysberg; Supervisory board:; Siegfried Russwurm (Chairman)
Products	Steel, stainless products, automotive technologies, plant technologies, elevator systems, escalators, marine systems, shipbuilding, firearms
Revenue	€41.140 billion (2022)
Operating income	€5.660 billion (2022)
Net income	€1.220 billion (2022)
Total assets	€37.492 billion (2022)
Total equity	€14.742 billion (2022)
Owners	Alfried Krupp von Bohlen und Halbach Foundation (20.9%); Cevian Capital (13.7%); Others (65.4%);
Number of employees	103,598 (2020)
Subsidiaries
Website	www.thyssenkrupp.com

ThyssenKrupp AG (/ˈtɪsən.krʊp/, German: [ˈtʏsn̩ˌkʁʊp]; stylized as thyssenkrupp) is a German industrial engineering and steel production multinational conglomerate. It resulted from the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and Essen. The company claims to be one of the world's largest steel producers, and it was ranked tenth-largest worldwide by revenue in 2015.^[5] It is divided into 670 subsidiaries worldwide. The largest shareholders are the Alfried Krupp von Bohlen und Halbach Foundation and Cevian Capital.^[6] ThyssenKrupp's products range from machines and industrial services to high-speed trains, elevators, and shipbuilding. The subsidiary ThyssenKrupp Marine Systems also manufactures frigates, corvettes, and submarines for the German and foreign navies.

In 2018, ThyssenKrupp announced that the company would split into two companies, ThyssenKrupp Industrials and ThyssenKrupp Materials, but this plan was cancelled in May 2019.^[7]

^ "Press release – Press releases – thyssenkrupp AG". Thyssenkrupp.com. 3 December 2014. Archived from the original on 3 March 2016. Retrieved 5 April 2009.
^ "Management". Thyssenkrupp.com. 6 October 2019.
^ ^a ^b ^c ^d ^e ^f "Thyssenkrupp Subsidiaries 2019" (PDF). Retrieved 7 April 2023.
^ "Shareholder structure". 4-traders.com.
^ "The world's largest steel companies in 2015, based on revenue" Statista
^ "THYSSENKRUPP (TKA)". www.4-traders.com. Retrieved 19 July 2018.
^ Bender, Ruth (10 May 2019). "Thyssenkrupp Abandons Planned Split, Pursues Elevator-Unit IPO". Wall Street Journal. ISSN 0099-9660. Retrieved 16 May 2019.

[1] "Press release – Press releases – thyssenkrupp AG". Thyssenkrupp.com. 3 December 2014. Archived from the original on 3 March 2016. Retrieved 5 April 2009.

[2] "Management". Thyssenkrupp.com. 6 October 2019.

[AR2019-2020-3] ^ ^a ^b ^c ^d ^e ^f "Thyssenkrupp Subsidiaries 2019" (PDF). Retrieved 7 April 2023.

[Shareholder_structure-4] "Shareholder structure". 4-traders.com.

[Top_steel_companies-5] "The world's largest steel companies in 2015, based on revenue" Statista

[6] "THYSSENKRUPP (TKA)". www.4-traders.com. Retrieved 19 July 2018.

[7] Bender, Ruth (10 May 2019). "Thyssenkrupp Abandons Planned Split, Pursues Elevator-Unit IPO". Wall Street Journal. ISSN 0099-9660. Retrieved 16 May 2019.

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