ThyssenKrupp Archive

Further milestone reached on Strategic Way Forward: thyssenkrupp sells Brazilian steel mill CSA to Ternium

Purchase price €1.5 billion Significant reduction in net financial debt Focus on profitable capital goods and services businesses The industrial and technology group thyssenkrupp has taken another big step on its Strategic Way Forward. The company has reached agreement with Ternium on the sale of the CSA Siderúrgica do Atlântico (CSA) steel plant in Brazil.

thyssenkrupp selected to enhance urban mobility in Italy

thyssenkrupp has won tenders for the maintenance of over 500 elevators and escalators in the metro stations of Milan and Naples Each day, over 1.2 million passengers will benefit from better mobility services in these two cities thyssenkrupp celebrates its latest success in urban mobility: the company has won contracts to provide maintenance services for

thyssenkrupp sees the Cotec Foundation’s vision for a circular economy system as the role model for its innovations and R&D processes

  The multinational, which recently joined the Spain-based Cotec Foundation, attended the 11th Cumbre de Cotec Europa event to support a less wasteful economy The Cotec Foundation is a private, non-profit organization whose mission is to promote innovation as a catalyst for economic and social development The King of Spain, the heads of state of

Research project Carbon2Chem now part of KlimaExpo.NRW

  The ten-year research project “Carbon2Chem” is developing ways of converting steel mill gases into raw materials for chemical products. Much of the greenhouse gas CO2 contained in these gases would then no longer be discharged into the atmosphere. 16 further partners from the areas of basic and applied research and various sectors of industry

thyssenkrupp investing further in automotive components business in Hungary

  New production facility for springs and stabilizers to be built in Debrecen at a cost of around 35 million euros The technology group thyssenkrupp plans to build a further automotive and components plant in Hungary. The investment was announced today in Budapest by Hungarian Foreign Minister Peter Szijartó and the CEO of thyssenkrupp’s Springs

First application for Industrial Data Space

  Concept behind innovative digital data space proving successful thyssenkrupp has implemented the first application for the Industrial Data Space, a new virtual data space in which companies can exchange information securely. The first use case is an information system for truck logistics at thyssenkrupp Steel Europe. It proves that the idea behind the Industrial

thyssenkrupp to invest further in automotive components business in China

New 30 million euro production site to be built in Pinghu Production of springs and stabilizers for the auto industry in China to start in 2018 thyssenkrupp is further expanding its automotive components business in China. The industrial group plans to build a new plant for springs and stabilizers in the Chinese city of Pinghu.

Electric mail deliveries: thyssenkrupp supports development of “StreetScooter” for Deutsche Post and supplies materials and components for new electric vehicle

  The period leading up to Christmas is a busy one for the mail service, in particular when it comes to delivering parcels and packages. The new “StreetScooter” – a smart, practical electric car – is proving a great help. The aim was to develop an eco-friendly electric vehicle that is also economically attractive even

thyssenkrupp stable despite price falls in materials business / revised targets for 2015/16 achieved / cash flow significantly higher than expected

Adjusted EBIT: around €1.5 billion Net income: €261 million Savings well above target at almost €1 billion Earnings and cash flow in fourth quarter higher year-on-year Despite difficult market conditions, the industrial and technology group thyssenkrupp achieved and in some cases exceeded its revised targets for the 2015/2016 fiscal year. Net income was stable at

thyssenkrupp underscores the benefits of the Internet of Things to achieve efficient urban mobility in Smart Cities

At the Smart City Expo in Barcelona, the company addressed the real impact of the Internet of Things (IoT) on the mobility model of cities Challenges faced by this technology include security, trust and privacy thyssenkrupp participated in the Smart City Expo World Congress 16 held today in Barcelona, where several companies gathered to discuss