ThyssenKrupp AG


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Next Event

Full Year 2019 Thyssenkrupp AG Earnings Release

Latest Developments


Thyssen Shareholder Krupp Stiftung Backs Management In Restructuring - Letter


thyssenkrupp: Supervisory Board Confirms Personnel Changes On Executive Board


About ThyssenKrupp AG

thyssenkrupp AG is a Germany-based diversified industrial company. It operates in six segments: The Steel Europe segment produces flat carbon steel products; the Steel Americas segment processes and markets steel products in North and South America; the Materials Services segment engages in the global distribution of materials and the provision of technical services for the production and manufacturing sectors; the Elevator Technology segment specializes in the construction, modernization and servicing of elevators, escalators, moving walks, stair and platform lifts, as well as passenger boarding bridges; the Industrial Solutions segment offers engineering and construction services, and the Components Technology segment offers components for the automotive, construction and engineering sectors, as well as for wind turbines. Its product portfolio comprises construction vehicles, chemicals, packaging steel and parts for the wind energy and oil industries, among others.


Misc. Fabricated Products

Contact Info

ThyssenKrupp Allee 1


Executive Leadership

Siegfried Russwurm

Chairman of the Supervisory Board

Martina Merz

Chairman of the Executive Board, Chief Executive Officer

Markus Grolms

Independent Vice Chairman of the Supervisory Board, Employee Representative

Johannes M. Dietsch

Chief Financial Officer, Member of the Executive Board

Oliver Burkhard

Member of the Executive Board, Director of Human Resources and Labor Director

Key Stats

2.58 mean rating - 19 analysts
Revenue (MM, EUR)
















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Latest News

Latest News

Thyssenkrupp picks bidders for next round in elevator deal: sources

At least ten strategic and private equity firms have been invited to submit indicative bids for Thyssenkrupp's <TKAG.DE> prized elevator division, two people familiar with the matter said.

Kone bid for Thyssenkrupp elevator unit below expectations: Handelsblatt

Finland's Kone <KNEBV.HE> has submitted a bid for the elevator division of German industrial group Thyssenkrupp <TKAG.DE> that is 1 to 2 billion euros below those by private equity suitors, business daily Handelsblatt reported on Thursday.

Zalando sets target for more women in top management

* 30% quota for supervisory boards; none for management boards

Thyssenkrupp's top shareholder says never called for special dividend

Thyssenkrupp's <TKAG.DE> largest shareholder on Thursday dismissed speculation that it had backed calls for a special dividend.

New Thyssenkrupp CEO prepares ground for major job cuts

New Thyssenkrupp <TKAG.DE> chief executive Martina Merz on Wednesday paved the way for deeper job cuts at the ailing conglomerate, telling employees in an internal memo such a step was necessary for a much-needed turnaround.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

Thyssenkrupp to open data room in elevator auction soon: sources

Thyssenkrupp <TKAG.DE> plans to give potential bidders access to the data room of its elevator division in the coming days, three people familiar with the matter said, as one of Europe's biggest M&A deals of the year picks up pace.

Thyssenkrupp to open data room in elevator auction soon - sources

Thyssenkrupp plans to give potential bidders access to the data room of its elevator division in the coming days, three people familiar with the matter said, as one of Europe's biggest M&A deals of the year is picking up pace.

Thyssenkrupp to cut admin jobs as part of restructuring - sources

Thyssenkrupp is slashing some administrative jobs to cut down on the more than 2 billion euros ($2.2 billion) of costs it incurs in that field each year, two people familiar with the matter told Reuters on Monday.

UPDATE 1-Thyssenkrupp investor Cevian: 'We never demanded special dividend'

* Also voted against dividend payment in 2017 (Recasts, adds context)

Thyssenkrupp appoints new CEO in bid to rebuild confidence

Martina Merz, chair of Thyssenkrupp's <TKAG.DE> supervisory board, will take over as chief executive on Oct. 1, the group said on Monday, hoping to end years of underperformance at the company and restore investor confidence.

Krupp Foundation backs Merz, remains convinced of Thyssenkrupp

Thyssenkrupp's top shareholder on Monday welcomed the appointment of Martina Merz as new chief executive from Oct. 1, saying it was aware of the challenges the conglomerate faces and continues to support it.

Merz to take over as Thyssenkrupp CEO on Oct. 1

Martina Merz, chairwoman of Thyssenkrupp's supervisory board, will take over as the conglomerate's chief executive on Tuesday, the company said on Monday.

Thyssenkrupp proceeds with elevator sale after CEO switch: sources

Thyssenkrupp <TKAG.DE> will weed out some potential suitors for its elevator unit within the next two weeks, two people familiar with the matter said, as the closely-watched auction gathers pace regardless of the planned ousting of CEO Guido Kerkhoff.

Bankers line up to €7bn debt for Thyssenkrupp's elevator unit

Bankers are preparing up to €7bn of debt financing to back a potential sale of German Thyssenkrupp's elevator unit, banking sources said.

Salzgitter cuts profit outlook on expected cartel fine

Salzgitter, Germany's second-largest steelmaker after Thyssenkrupp , on Thursday slashed its full-year outlook, citing increased risk provision ahead of an expected cartel fine.

Thyssenkrupp faces more turmoil as CEO Kerkhoff set to leave

Thyssenkrupp said it was preparing to replace Chief Executive Guido Kerkhoff, making him the latest casualty at the German steel-to-submarines conglomerate which has been in crisis mode for more than a year.

Top shareholder Cevian backs new Thyssenkrupp CEO Merz

Swedish fund Cevian Capital, Thyssenkrupp's <TKAG.DE> second-biggest shareholder, on Wednesday said it fully supported the appointment of Martina Merz as new chief executive of the German industrial conglomerate.

Thyssenkrupp No.1 investor says it fully supports Chairwoman Merz

The Alfried Krupp von Bohlen und Halbach foundation, Thyssenkrupp's <TKAG.DE> top shareholder with two seats on its supervisory board, on Wednesday said it fully supports chairwoman Martina Merz who is set to become the conglomerate's interim chief executive.

Thyssenkrupp works council wants faster strategy implementation

Thyssenkrupp <TKAG.DE> must implement its strategy faster and more consistently following the planned replacement of current Chief Executive Guido Kerkhoff, the head of the company's works council said.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.