Tag «ThyssenKrupp»

Deep Roots in China, thyssenkrupp Elevator inaugurates Multiple-Purpose Facility Building in Shanghai

March 23, 2016 – thyssenkrupp Elevator, the world-renowned elevator solution provider, inaugurated its new Multiple-Purpose Facility (MPF) Building in China, marking another milestone for the company’s expansion in the country. With a 120 million Yuan (17 million euros) investment, the 15,000 square meter and 40 meter-high MPF building is equipped with advanced systems in the …

thyssenkrupp selects Vodafone as its connectivity partner for the Internet of Things

Major contract: The telecommunications group is connecting hundreds of thousands of elevators around the world Up to 50 percent less downtime of elevators due to predictive maintenance thyssenkrupp expands its relationship with Vodafone by using the telecommunications group’s machine-to-machine (M2M) technology in its elevator division. Vodafone will be providing the Essen, Germany based industrial corporation …

Change at the top at thyssenkrupp India

Ravi Kirpalani will join thyssenkrupp India on the 14th of March 2016 and take charge as the CEO of the Regional Headquarters of thyssenkrupp India effective July 1, 2016. Indian-born, Kirpalani’s last role was the Managing Director of Castrol India Ltd. Prior to joining thyssenkrupp he spent over 16 years at BP where he held …

thyssenkrupp issued bond with a volume of 750 million Euro

thyssenkrupp AG today issued a 750 million Euo bond under the company’s 10 billion Euro Debt Issuance Programme. Joint bookrunners are BNP Paribas, Deutsche Bank, Mediobanca, MUFG and Société Générale. The bond, which was issued with a maturity of 5 years, carries a coupon of 2.75 percent p.a. at an issue price of 99.425 percent. …

thyssenkrupp to strengthen activities in Eastern Europe

thyssenkrupp Materials Services will strengthen its activities in Eastern Europe with the acquisition of the steel service center of IAI Holding A/S in the Hungarian city of Győr effective February 29, 2016. The service center with approximately 50 employees is specialized in the cutting to length and slitting of coils and thus represents an ideal …

Thyssenkrupp : 1st quarter 2015/2016: Capital goods businesses and efficiency program provide stabilizing effect in difficult materials environment

Capital goods businesses: Order intake, sales and adjusted EBIT level with or higher than a year earlier  Efficiency program on track with €250 million savings Net income negative due to difficult materials markets Outlook: Earnings and cash flow still within forecast corridor Varied start to the new fiscal year at thyssenkrupp: The capital goods businesses …