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After a financial struggle in 2020, and a loss of over €5.5 billion, ThyssenKrupp announced that it will be cutting over 11,000 jobs, 7,000 of which are located in Germany. [37] In November 2024, Thyssenkrupp announced it would lay off around 5,000 jobs at its steel subsidiary by 2030 and outsource a further 6,000 jobs. [38]
Martina Merz (born March 1, 1963), is a German engineer who served as Chief executive officer (CEO) of ThyssenKrupp from 2019 to 2023, [1] [2] [3] and has been called "the most powerful woman in the German economy".
ThyssenKrupp Marine Systems of Germany (often abbreviated TKMS) is a group and holding company of providers of naval vessels, surface ships and submarines. It was founded when large industrial conglomerate ThyssenKrupp acquired Howaldtswerke-Deutsche Werft on January 5, 2005.
Bernhard Pellens, a member of Thyssenkrupp's supervisory board since 2005, was unanimously appointed as new chairman to replace Ulrich Lehner, who left the group in July less than two weeks after ...
Kerkhoff had little choice but to think the unthinkable when the company's share price sank to a 15-year low on May 8. Now Thyssenkrupp's future is in play, with activist investors on the one side ...
Thyssenkrupp Marine Systems and Lürssen; In mid 2017, BAE Systems, offering a ship based on the Type 26, withdrew from the tender and in March 2018 the German government excluded the Thyssenkrupp/Lürssen consortium. Thyssenkrupp Marine Systems then partnered as a subcontractor to German Naval Yards, while Lürssen effectively became a partner ...
Thyssenkrupp - manufacturer of everything from elevators and lifts to submarines and car parts - is to be demoted from Germany's blue-chip DAX index. It's been one of its 30 members since the DAX ...
thyssenkrupp Materials Services GmbH (tkMX) is the lead company of the business area of the same name and part of the diversified German industrial group thyssenkrupp AG. Materials Services is a global materials distributor [ 1 ] as well as a technical and infrastructural service provider for the B2B-sector . [ 2 ]