ThyssenKrupp | Business| Economy and finance news from a German perspective | DW | 10.03.2016

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ThyssenKrupp

German heavy industry giant ThyssenKrupp has been suffering from a sharp deterioration of the materials businesses, pushing it into the red in the first quarter of its October-September fiscal year in 2015.

Steel is historically ThyssenKrupp's core business, but it also makes elevators, submarines and car parts. This page collates recent DW content on the company.

Treppenhauslauf im Rottweiler Testturm

Germany: Hundreds race up massive Rottweil elevator test tower 16.09.2018

Hundreds tested their mettle — and their legs — in a race up the ThyssenKrupp tower in Rottweil, one of the world's tallest elevator testing towers. Participants had to run up over 1,300 stairs to reach the top.
Deutschland Duisburg Nordrhein Westfalen Deutschland ThyssenKrupp Huettenwerk Stahlcoils stehen

Is thyssenkrupp headed for a breakup? 09.08.2018

After a bad quarterly earnings report, the German industrial giant thyssenkrupp is at a crossroads. Some investors are pushing to smash the old company apart; its recent losses aren't helping to give it direction.
Deutschland thyssenkrupp AG Logo

Thyssenkrupp in turmoil over future plans 17.07.2018

When it comes to venerable German business institutions, the industrial giant Thyssenkrupp is something of a poster boy. The Essen-based company is in turmoil though, as disagreements over job losses mount.
Essen Bilanz Thyssenkrupp Hiesinger, Chief Executive

CEO of thyssenkrupp to step down 05.07.2018

The chief executive of German steel giant thyssenkrupp, Heinrich Hiesinger, has asked the board to accept his resignation. The move came shortly after the company confirmed its planned deal with Tata Steel.
04.2015 DW Business Sendungslogo

DW Business Europe & Asia 02.07.2018

Investors worried about impact of coalition collapse - ThyssenKrupp and Tata Steel set to unite - Tesla hits weekly production goal
Deutschland Essen Thyssenkrupp Zentrale

Thyssenkrupp agrees to Tata merger to become Europe's second-biggest steelmaker 30.06.2018

One of Germany's oldest industrial giants has agreed to a merger deal with one of India's biggest steelmakers. Thyssenkrupp sought the deal as a way to overcome challenges caused by cheap Chinese steel.
04.2015 DW Business Sendungslogo

DW Business - Europe & America 23.03.2018

China says it's preparing retaliatory tariffs against US - Tariffs are a threat to European businesses, economists warn - Steel workers react to EU exemption

US-Strafzölle - ThyssenKrupp Stahlarbeiter

No new tariffs: Steelworkers react to EU exemption 23.03.2018

There’s cautious relief among steelworkers in Europe. For the next few weeks at least, EU steel will stay free of additional tariffs. ThyssenKrupp’s exports to the US are worth around €4 billion per year.

Israel Rede Benjamin Netanjahu in Tel Aviv

What links Benjamin Netanyahu's corruption probe and ThyssenKrupp? 14.02.2018

How is the Israeli prime minister linked to an allegedly corrupt deal with German steel producer ThyssenKrupp? And what role did the German side play?
ThyssenKrupp in Duisburg - Hochofen

ThyssenKrupp thriving on steel and elevator sales 14.02.2018

German industrial heavyweight ThyssenKrupp has seen a marked rise in its operating profit for its first quarter ending September 2017. And just before a merger, its steel unit proved a highly profitable division.
ThyssenKrupp

ThyssenKrupp steelworkers back merger with Tata Steel 05.02.2018

Workers at German steelmaker ThyssenKrupp have voted in favor of a labor agreement that will safeguard jobs and plants in the wake of a proposed joint venture with India's Tata Steel.
Elektroofen im Edelstahlwerk Shanghai im Baosteel

Trump's beef with foreign steel 05.02.2018

US President Donald Trump wants to revive its steel industry by executive order. Ideally, ban the import of foreign steel. But that would hurt European companies lots more than Chinese steel producers.

Thyssenkrupp steelworkers fear for their jobs 01.12.2017

Employees at Thyssenkrupp fear widespread job cuts and possible plant closures if company plans to merge 50 percent of its steel division with the Indian Tata Group go ahead.

DW Business – Europe 30.11.2017

Thyssenkrupp merger - US Republicans demand deeper tax cuts - Siemens readies largest German IPO in 20 years
04.2015 DW Business Sendungslogo

DW Business – Europe & Africa 23.11.2017

Broken economy among Zimbabwe's first challenges - ThyssenKrupp-Tata Steel merger threatens jobs - Bugs in a bun: are insect burgers the future?

ThyssenKrupp employees protest merger plans 23.11.2017

German steel giant ThyssenKrupp has sped up its plans to merge with Tata Steel in a bid to create a sustainable European steel production facility. But German workers are not amused and fear for their jobs.
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