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thyssenkrupp AG (TKAG.DE)

TKAG.DE on Xetra

13.40EUR
12 Nov 2019
Change (% chg)

€0.06 (+0.45%)
Prev Close
€13.34
Open
€13.40
Day's High
€13.65
Day's Low
€13.32
Volume
1,988,730
Avg. Vol
4,727,300
52-wk High
€17.52
52-wk Low
€9.25

Latest Key Developments (Source: Significant Developments)

Thyssen Shareholder Krupp Stiftung Backs Management In Restructuring - Letter
Monday, 14 Oct 2019 

Oct 14 (Reuters) - Major ThyssenKrupp AG shareholder Alfried Krupp von Bohlen und Halbach Stiftung says in letter to workers::MANAGEMENT HAS OUR TRUST FOR PLANNED RESTRUCTURING.WE BELIEVE IN COMPANY'S POTENTIAL AND STAND BY ITS LEADERSHIP IN DIFFICULT TIMES.IT IS OUR AIM TO MAKE COMPANY FIT FOR COMPETITION AND ABLE TO PAY DIVIDENDS IN THE LONG TERM.  Full Article

MOL says its polyol plant to be operational by mid-2021
Friday, 27 Sep 2019 

BUDAPEST, Sept 27 (Reuters) - Hungarian oil and gas group MOL says::*MOL'S POLYOL PLANT IN EASTERN HUNGARY WILL BE OPERATIONAL BY MID-2021.*PLANT IS BEING BUILT BY THYSSENKRUPP INDUSTRIAL SOLUTIONS .*POLYOL PLANT IS MOL'S LARGEST EVER ORGANIC INVESTMENT, TOTAL COST OF PLANT IS EUR 1.2 BLN .*MOL DOWNSTREAM VICE PRESIDENT HORVATH SAYS AFTER RAMP-UP PERIOD, PLANT WILL BE UP TO ITS FULL ANNUAL CAPACITY OF 200,000 T OF POLYOLS BY 2023 .*POLYOL PLANT WILL ADD OVER EUR 150 MLN TO MOL GROUP'S ANNUAL EBITDA.*MOL IMPLEMENTS NEW METHOD FOR POLYOL PRODUCTION DEVELOPED BY THYSSENKRUPP.*HUNGARIAN GOVERNMENT SUPPORTS POLYOL PROJECT WITH EUR 131 MLN IN FORM OF CORPORATE TAX ALLOWANCE AND CASH GRANT.*MOL DOWNSTREAM VICE PRESIDENT HORVATH SAYS IT IS "GOOD NEWS" THAT REFINERY MARGINS STARTED TO IMPROVE IN Q3, WERE HIGHER ESPECIALLY IN AUG AND SEPT.*MOL DOWNSTREAM VICE PRESIDENT HORVATH SAYS CEE REGION IS SHORT IN POLYOL, MOL EXPECTS DEMAND TO GROW.*PETROCHEMICALS MARGINS WERE RELATIVELY STABLE IN Q3, BRENT-URAL SPREAD ALSO POSITIVE - DOWNSTREAM CHIEF .*EXTERNAL ENVIRONMENT FOR DOWNSTREAM IMPROVED IN Q3 - MOL DOWNSTREAM CHIEF HORVATH .  Full Article

Thyssen CEO set to brief board on elevators unit sale on Wednesday - Handelsblatt
Friday, 6 Sep 2019 

Sept 6 (Reuters) - German business daily Handelsblatt: :THYSSENKRUPP CEO SET TO DETAIL PLANS FOR SALE OF ELEVATORS UNIT IN SUPERVISORY BOARD MEETING SCHEDULED FOR WEDNESDAY.  Full Article

Thyssenkrupp: We're Preparing IPO Of Elevators Unit, Also Examining Interest From Others
Wednesday, 4 Sep 2019 

Sept 4 (Reuters) - Thyssenkrupp AG ::WE HAVE CLEARLY STATED THAT, IN ADDITION TO PREPARING FOR THE IPO, WE ARE ALSO EXAMINING EXPRESSIONS OF INTEREST FROM POTENTIALLY INTERESTED PARTIES.WE HAVE INITIATED A STRUCTURED PROCESS TO EVALUATE OFFERS FROM STRATEGIC AND FINANCIAL INVESTORS ENSURING A DECISION THAT IS SUSTAINABLE AND THE BEST FOR THYSSENKRUPP AND ITS STAKEHOLDERS.  Full Article

ThyssenKrupp Additive Manufacturing To Generate $100 Billion In ASEAN By 2025
Wednesday, 3 Jul 2019 

July 3 (Reuters) - THYSSENKRUPP AG ::SAID ON TUESDAY AM PENETRATION IN ASEAN ACCOUNTS FOR 5 TO 7% OF ASIA'S TOTAL AM SPEND.ADDITIVE MANUFACTURING TO ADD AROUND $100 BILLION BY 2025, IMPACTING ASEAN'S PROJECTED REAL GDP BY 1.5 TO 2%.ADDITIVE MANUFACTURING TO REDUCE ASEAN'S IMPORT DEPENDENCE WITH POTENTIAL TO IMPACT AT LEAST $30 TO 50 BILLION.ADDITIVE MANUFACTURING TO ENABLE ASEAN REGION TO CREATE 3 TO 4 MILLION NEW AM JOBS FOR REGION BY 2030.  Full Article

Thyssenkrupp Opens New Supplier Plant For Shock Absorbers In Romania
Tuesday, 25 Jun 2019 

June 25 (Reuters) - thyssenkrupp AG ::THYSSENKRUPP OPENS NEW SUPPLIER OF SHOCK ABSORBERS IN ROMANIA.INVESTMENT OF AROUND 60 MILLION EUROS.  Full Article

Thyssenkrupp Invests 50 Million Euros In Hungary
Friday, 21 Jun 2019 

June 21 (Reuters) - THYSSENKRUPP AG ::FURTHER EXTENDS BUSINESS IN EASTERN EUROPE.INVESTMENT OF 50 MILLION EUROS IN NEW SUPPLIER PLANT IN HUNGARY.CREATES 200 NEW WORKPLACES.THE START OF SERIES DELIVERY IS PLANNED FOR THE END OF 2020.  Full Article

German Labour Union Demands Concept From Thyssenkrupp’s Management
Wednesday, 15 May 2019 

May 15 (Reuters) - German IG Metall union::EXECUTIVE BOARD OF THYSSENKRUPP MUST PRESENT A VIABLE CONCEPT.CONCEPT MUST INCLUDE ALL PARTS OF THYSSENKRUPP.STRUCTURAL PROBLEMS AT THYSSENKRUPP CANNOT SIMPLY BE SOLVED WITH JOB CUTS.  Full Article

Thyssenkrupp CEO: No Break Fees As A Result Of Failed JV With Tata Steel
Friday, 10 May 2019 

May 10 (Reuters) - Thyssenkrupp ::CEO SAYS WE WILL BEGIN SPLITTING OFF ELEVATORS UNIT ON MONDAY.SAYS WE WANT TO BE READY FOR IPO IN NEW FISCAL YEAR.CEO SAYS THERE IS NO BREAK FEES AS A RESULT OF THE FAILED STEEL JV WITH TATA STEEL.  Full Article

Thyssen Works Council Demands Strategy For Steel Business
Friday, 10 May 2019 

May 10 (Reuters) - Thyssenkrupp works council statement::WE WILL OPPOSE CATEGORICALLY AND DETERMINEDLY TO DISCUSSIONS ON RESTRUCTURING AND JOB CUTS IF IT DOES NOT INCLUDE STRATEGY FOR FUTURE OF STEEL BUSINESS.  Full Article

Photo

Thyssenkrupp's elevator business gets at least 3 bidders: sources

By Tom Käckenhoff, Christoph Steitz, Arno Schuetze and Edward Taylor