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ThyssenKrupp

ThyssenKrupp is a German industrial engineering and steel production conglomerate created in a merger of Thyssen AG and Krupp. It claims to be one of the world's largest steel, Here is some DW content on the company.

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All Content on this topic

Marine Systems facility in Kiel

More German submarines for Singapore

Germany and Singapore have inked a contract on the delivery of two more submarines for the Asia Pacific nation.
BusinessMay 16, 2017
Deutschland ThyssenKrupp Stahlproduktion

Europe's steel industry woes

Thyssenkrupp's plans to restructure its steel division in Duisburg have stoked job loss fears and sparked protests.
BusinessMay 3, 2017
U-Boot Dolphin Klasse / Israel / Deutschland *** Overlay-fähig ***

Israel launches criminal probe into German sub deal

An investigation has begun into allegations of corruption by Prime Minister Netanyahu's lawyer over the submarine deal.
CrimeFebruary 27, 2017
ThyssenKrupp steel worker

ThyssenKrupp sells Brazil steel mill

ThyssenKrupp has announced it's selling its Brazilian steel mill, ending its loss-making Steel Americas adventure.
BusinessFebruary 22, 2017
Deutschland Lieferung von Dolphin U-Booten an Israel

Iran to profit from Israel's submarine deal

Israel is buying German submarines to protect itself from archenemy Iran. However, Tehran stands to profit financially.
ConflictsDecember 21, 2016
ThyssenKrupp steelworker

Hackers steal Thyssenkrupp secrets

Steel giant Thyssenkrupp of Germany has said it's become the target of hackers.
BusinessDecember 8, 2016
Deutschland Stahlwerk von ThyssenKrupp in Duisburg

ThyssenKrupp hit by steel glut

Germany's biggest steelmaker has reported a falling annual profit, weighed down by massive overcapacity in the industry.
BusinessNovember 24, 2016
Deutschland U-Boot Werft ThyssenKrupp Marine Systems Kiel

Israel to investigate submarine deal with Germany

Police have launched an inquiry into a potential conflict of interest with ThyssenKrupp and Netanyahu's personal lawyer.
PoliticsNovember 24, 2016
Deutschland Israel U-Boot Lieferung

Israel PM defends German submarine deal

Israel's premier defends purchasing six German submarines the military says are too expensive and not needed.
PoliticsNovember 20, 2016
Steel mill worker

ThyysenKrupp earnings plummet

German engineering giant ThyssenKrupp has reported a steep drop in net earnings for the first half of its business year.
May 10, 2016
Deutschland Duisburg Stahlarbeiter bei ThyssenKrupp

ThyssenKrupp regains health

German steel and elevator maker Thyssenkrupp has turned the corner after some tough years.
November 19, 2015
ThyssenKrupp tower site

Going up... in Rottweil

There are many places you might expect to find the world's tallest elevator tower. Rottweil is not one of them.
June 26, 2015
Rare earth Neodymoxid (photo: Frank Rumpenhorst/dpa)

Controversial deal in Burundi

German company ThyssenKrupp Metallurgical Products has been given purchase rights for rare earths in Burundi.
May 13, 2015
Steelworker Oliver Berg/dpa +++(c) dpa - Bildfunk+++

ThyssenKrupp earnings up

German industrial giant ThyssenKrupp has reported a bottom-line profit for the first quarter of its financial year.
February 13, 2015
ThyssenKrupp headquarters in Essen, Germany

ThyssenKrupp back in the black

German heavy engineering giant ThyssenKrupp has left behind painful years of loss-making. The company managed to log a sound profit in its 2013/2014 business year, but structural woes continue to haunt it.
November 20, 2014
Deutschland Wirtschaftswachstum Metallbauer

Europe’s Biggest Blast Furnace - A colossus being made fit for the future

Steel producer ThyssenKrupp is having Europe's biggest blast furnace modernized. That's essential every twenty years. Engineer Rainer Klock and his special team of just under 1000 specialists are responsible for the project. They're working flat out, because the furnace has to be up and running again by mid-September.
BusinessSeptember 9, 201404:33 min
Aufschwung in Deutschland Stahlwerk Salzgitter AG

ThyssenKrupp back in the black

German steelmaker ThyssenKrupp is in the black again for the first time in two years. Shares jumped at the News, as the company also raised its full-year earnings forecast.
May 13, 2014
ThyssenKrupp headquarters in Essen, Germany

Ship ahoy!

German industry giant says good-bye to naval shipbuilding in Sweden.
April 14, 2014
ThyssenKrupp AG Firmensitz in Essen

Deeper in the red

Engineering giant widens first-quarter loss, but hopes for full-year profit.
February 14, 2014
external

ThyssenKrupp CEO sees engineering future

Heinrich Hiesinger is trying to retool troubled German steelmaker ThyssenKrupp as a high-tech engineering conglomerate. The CEO has pleaded for shareholders' patience at their annual general meeting today.
January 17, 201401:21 min
ThyssenKrupp HQ in Essen, Germany

Slow recovery

Engineering giant asks shareholders for patience during restructuring.
January 17, 2014
external

Dax and Dow hover at record levels

ThyssenKrupp shares slid in Frankfurt, despite a housecleaning by the board. In New York, shares shed earlier gains after the Fed raised the possibility of paring back stimulus "in coming months". We spoke with our New York correspondent Jens Korte after the NYSE final bell.
November 21, 201302:23 min

Rail cartel settlement

ThyssenKrupp has announced an out of court settlement with rail operator Deutsche Bahn in connection with a price-fixing cartel. The German national railways claimed millions in losses from manipulated rail prices.
November 20, 2013

Cevian takes ThyssenKrupp stake

Activist investor Cevian has raised its stake in struggling ThyssenKrupp, claiming the German steelmaker is undervalued. However, it’s unclear if the Anglo-Swedish firm will not eventually seek to split up ThyssenKrupp.
September 25, 2013

Steel Americas deal doubtful

The planned sale of ThyssenKrupp’s overseas Steel Americas business seems to be on the line, according to international media reports. The German steelmaker, desperate for fresh funding, aims to shed the lossmaking unit.
August 13, 2013
Berthold Beitz

ThyssenKrupp patriarch dies

Berthold Beitz, the patriarch of German heavy industry giant ThyssenKrupp has died at the age of 99. The industrialist was also credited with saving Jewish workers from death camps during World War II.
July 31, 2013

New fine against rail cartel

Germany’s Cartel Office has imposed another hefty fine on companies involved in fixing prices of rail tracks and equipment. Hardest hit by the second fine is once more Germany’s biggest steelmaker, ThyssenKrupp.
July 23, 2013
ThyssenKrupp steel production unit in Duisburg Photo: Oliver Berg dpa/lnw +++(c) dpa - Bildfunk+++

ThyssenKrupp job cuts

German industrial giant ThyssenKrupp has announced it will axe a third of its administrative jobs in a cost-cutting drive. The news came on the back of another loss-making quarter for the company.
May 15, 2013
The curve of the DAX board is pictured at the Frankfurt stock exchange May 3, 2013. (Photo: REUTERS/Remote/Marte Kiessling)

Dizzy DAX heights

Germany's leading DAX share index has closed at its highest level ever after a strong Friday's trade around the world. The DAX surpassed a previous July 2007 peak, set before the world economy began to unravel.
May 3, 2013
Two Deutsche Bahn ICE high-speed trains Photo: Stefan Puchner dpa/lby

Deutsche Bahn wins damages

German rail operator Deutsche Bahn has obtained first damages in the wake of a large price-fixing scandal that broke back in 2011. Voestalpine of Austria said it would pay millions in compensation.
April 29, 2013
Ulrich Lehner, ThyssenKrupp's new supervisory board chief +++(c) dpa - Bildfunk+++

ThyssenKrupp reshuffle

German engineering heavyweight ThyssenKrupp has elected a new man at the helm of its supervisory board. He will have to help bring the company back to profitability after huge net losses and alleged cartel agreements.
March 19, 2013

ThyssenKrupp chairman resigns

ThyssenKrupp has announced the resignation of its supervisory board chairman Gerhard Cromme, following accusations of a lack of supervision. Germany's biggest steelmaker has been hit by scandals and weak performance.
March 8, 2013
Picture shows a worker of ThyssenKrupp, at the plant in Duisburg , Germany Photo: Oliver Berg/dpa

ThyssenKrupp's dilemma

ThyssenKrupp expects sluggish sales after poor first-quarter results.
February 12, 2013

ThyssenKrupp jobs cull

Thousands of steelmakers in Europe must fear for their jobs as German steel giant ThyssenKrupp has announced major reductions at its Steel Europe division. The cuts aim to improve the firm's profitability.
February 8, 2013

ThyssenKrupp cuts board pay

ThyssenKrupp board members have said they will waive half of their salaries after massive losses at the German steel group in 2012. Managers are eager to salvage the firm's image in the face of a shareholder rebellion.
January 18, 2013

Under fire

German steelmaker ThyssenKrupp to face angry shareholders after miserable 2012.
January 17, 2013
An employee working at a steel furnace (Photo via dapd)

ThyssenKrupp sells steel firm

Industrial giant ThyssenKrupp has completed the sale of stainless steel company Inoxum to Finnish competitor Outokumpu. The deal creates a new global steel leader and marks the end of an era for Essen-based ThyssenKrupp.
December 29, 2012

Equipment cartel sued for damages

German state-owned rail operator Deutsche Bahn has filed a lawsuit against a number of European steelmakers convicted of fixing the prices of rail equipment. The lawsuit comes after settlement talks have failed.
December 20, 2012
A man giving money. Corruption. Foto: LEHTIKUVA / Mikko Stig +++(c) dpa - Report+++

German firms in ethics row

As corporate scandals mount, German companies appear set to feel the pinch.
December 17, 2012
A ThyssenKrupp worker in a steel unit (Photo: Oliver Berg dpa)

ThyssenKrupp loses billions

The German steelmaker ThyssenKrupp AG has taken a record fiscal-year hit of 5 billion euros. The company therefore eclipses its record loss of 1.8 billion euros from the previous year.
December 11, 2012

ThyssenKrupp sackings

The steelmaker dismisses managers amid graft, cartel charges
December 6, 2012
Worker at a ThyssenKrupp furnace in Duisburg, Germany Photo: Oliver Berg dpa/lnw +++(c) dpa - Bildfunk+++

ThyssenKrupp in trouble

ThyssenKrupp looks set to lose billions in steel plant sales.
November 28, 2012
ARCHIV - Ein Mitarbeiter von Thyssenkrupp zieht am 08.02.1011 in Duisburg am Hochofen im Stahlwerk eine Probe. Für ThyssenKrupp kommt es knüppeldick. Der größte deutsche Stahlhersteller gilt wegen eines milliardenschweren Expansionsabenteuers in Brasilien ohnehin als einer der größten Sanierungsfälle unter den deutschen Großunternehmen. Er schreibt einen Verlust nach dem anderen. Und nun droht mit der sich eintrübenden Konjunktur auf dem Heimatmarkt eine weitere wichtige Stütze wegzubrechen. ThyssenKrupp reagiert und führt Kurzarbeit in seinen Stahlwerken ein. Foto: Oliver Berg dpa/lnw +++(c) dpa - Bildfunk+++

Metal rain

ThyssenKrupp's Rio de Janeiro steel plant is pumping graphite dust into the air.
November 19, 2012
ThyssenKrupp headquarters in Essen, Germany

ThyssenKrupp wins mega order

German heavy industry giant ThyysenKrupp has said it has secured a mega contract in the US where it will build a number of fertilizer plants. The facilities are meant to decrease dependence on Middle East imports.
November 3, 2012

ThyssenKrupp divests car parts

German industrial group ThyssenKrupp has sold its Tailored Blanks car parts subsidiary to Chinese steel giant Wisco. The divestment is a key part in the German steelmaker's drive to overhaul its business portfolio.
September 28, 2012
TTwo workers checking a jet turbine

Robust German engineering

Germany's engineering industry appears robust enough to weather the current European slowdown. Although domestic orders have been declining, the slump on the home front has been compensated by business abroad.
September 6, 2012
ThyssenKrupp's steelworks in Brazil

ThyssenKrupp to shed lossmakers

Desperate to carve out profits again, German steel giant ThyssenKrupp plans to shed its lossmaking operations in the US and Brazil. The company says initial hopes for profitable business have not materialized.
May 15, 2012
Mahmoud Ahmadinejad, iranische Staatspräsident hat ein Stahlfabrik in Süd Iran eröffnet. Quelle: ISNA Lizenz: Frei

ThyssenKrupp slips further in the red

Troubled ThyssenKrupp aims to shed loss-making steel, seeking better pastures in technology sector.
February 14, 2012
Look into a steel production plant, showing large steel rolls

Steely deal

Jobs to be lost as Finnish company takes over ThyssenKrupp's premium steel unit Inoxum.
February 1, 2012
Look into an open-cast mine

Rare earths

German companies have set up a strategic alliance in the global race for scarce raw materials.
January 30, 2012