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ThyssenKrupp AG (/ ˈ t ɪ s ən. k r ʊ p /, German: [ˌtʏsn̩ˈkʁʊp]; [5] stylized as thyssenkrupp) is a German industrial engineering and steel production multinational conglomerate. It resulted from the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and Essen .
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.
In 1934, August Thyssen-Hütte AG was founded as part of the new group. The Nazi rearmament policy and subsequent war made the plants essential to the war economy. After the end of World War II , the Allies ordered the company to be liquidated and in 1953 a new company, also named August Thyssen-Hütte AG , was formed in Duisburg.
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 ]
Thyssenkrupp Polysius GmbH (thyssenkrupp Polysius GmbH) is a global industrial company specializing in the manufacture and sale of plants and machinery for the cement and ore industry. In 2023, Thyssenkrupp Polysius GmbH was integrated into the newly created Decarbon Technologies segment of Thyssenkrupp AG. [1]
Oliver Burkhard, born in 1972, is a German businessman, and the CEO of Thyssenkrupp Marine Systems since May 2022. He also is a member of the executive board of Thyssenkrupp AG, overseeing various responsibilities within the organization. [1] [2]
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Nevertheless, Thyssen agreed to merge the two firms' flat steel operations, and Thyssen Krupp Stahl AG was created in 1997 as a jointly owned subsidiary (60% by Thyssen and 40% by Krupp). About 6,300 workers were laid off. Later that year, Krupp and Thyssen announced a full merger, which was completed in 1999 with the formation of ThyssenKrupp ...