at the very Core of it all … is Content!
thyssenkrupp is streamlining the ownership structure of the Brazilian steel mill thyssenkrupp CSA (CSA) and purchasing all the shares currently held by Vale S.A. (26.87%). thyssenkrupp will thus become the sole owner of CSA. The shares are being acquired for a symbolic purchase price in combination with an earn-out for the event of a sale …
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 …
Supplier of the Year Award goes to Springs & Stabilizers unit Recognition for superior quality, new products, cost efficiency and supply chain thyssenkrupp has been honored by carmaker General Motors as one of its best global suppliers. The 2015 Supplier of the Year Award went to thyssenkrupp’s Springs & Stabilizers business unit based in Hagen. …
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 …
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 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 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 …
New plant for engine components and steering systems will cost around 100 million euros New orders enable profitable growth of components business New localization strategy creates competitive and cost advantages The technology group thyssenkrupp is to build a new automotive components plant in Hungary. The company will invest around 100 million euros in a new …
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 …
Innovative entrances to new Barcelona metro stations with intelligent Each year over 30 million passengers will benefit from 180 new mobility units in the stations. On February 12, on the eve of the Mobile World Congress, Barcelona Metro is inaugurating 15 stations with the commissioning of Barcelona Metro Line 9 linking Zona Universitaria Station with …