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ThyssenKrupp

Latest News

thyssenkrupp Board Launches Effort to Replace Its Top Executive

26 September 2019 - thyssenkrupp’s board of directors is moving to oust chief executive Guido Kerkhoff, who has held the job for nearly one year.

thyssenkrupp Receives Approval of Climate Targets

11 September 2019 - Science Based Targets initiative (SBTi) confirmed that with this approval, thyssenkrupp is also acting in line with the goals established at the 2015 Paris climate conference.

thyssenkrupp Appeals Decision on Blocked Joint Venture

22 August 2019 - thyssenkrupp is challenging an EU decision to block the planned merger of its steelmaking unit with Tata Steel's European strip business.

thyssenkrupp Materials Services Investing Over 70 Million Euros for Expansion Projects in Europe

21 August 2019 - thyssenkrupp Materials Services is expanding its European warehousing and logistics network in Germany, Poland and Hungary.

thyssenkrupp May Look to Sell Heavy Plate Business

13 August 2019 - thyssenkrupp has launched a review of its heavy plate business along with two others and may look to divest them, the company has said. 

Thyssenkrupp Labor Leaders Call for Definitive Post-Merger Plan

27 June 2019 - Thyssenkrupp labor unions are demanding that the company develop a clear strategy for its steel unit now that plans to merge it with Tata Steel’s European strip business have fallen apart, the Reuters news service reports.

EU Says No to Tata, thyssenkrupp Deal

13 June 2019 - The European antitrust regulators have blocked thyssenkrupp and Tata Steel’s proposed European joint venture, officially ending a deal the companies decided to scrap last month.

Tata, thyssenkrupp Joint Venture Plan Falls Apart

10 May 2019 - Tata Steel and thyssenkrupp have all but called off plans to combine their European strip businesses, saying that they believe the deal is not likely to win approval from antitrust regulators.

Report: Tata, thyssenkrupp Offer List of Assets to Sell, Hope to Satisfy Competition Concerns

04 April 2019 - Tata Steel and thyssenkrupp are willing to divest assets in Belgium, Spain and the U.K. to win anti-trust approval for their proposed European int venture, reports the Bloomberg news service.

Report: Tata Proposes Divestiture to Win OK for thyssenkrupp European Joint Venture

21 March 2019 - Tata Steel reportedly is willing to sacrifice parts of its steel packaging operations in Europe to gain regulatory approval for its planned joint venture with thyssenkrupp, reports the Reuters news service.

European Commission Sets April Deadline for Review of Tata-thyssenkrupp Joint Venture

15 January 2019 - European Union competition regulators have extended the timeframe in which they expect to complete a review of Tata Steel and thyssenkrupp’s planned European joint venture, news and commodities pricing service S&P Global Platts reports. 

Researchers Take a Step Forward in Creating Circular Carbon Economy

14 January 2019 - thyssenkrupp’s Carbon2Chem project has reached a technical milestone, successfully converting mill off-gases into ammonia at a research center in Duisburg, Germany, project leaders have announced.  

Here's Who Tata Steel and thyssenkrupp Have Named to Lead Their European Joint Venture

17 December 2018 - Tata Steel and thyssenkrupp have assembled the senior leadership team for their planned European joint venture, naming a thyssenkrupp executive to oversee an entity that will be Europe’s second-largest steelmaker.

European Regulators Taking a Closer Look at Tata-thyssenkrupp Deal

30 October 2018 - The European Commission has opened an in-depth assessment of thyssenkrupp and Tata Steel Europe’s planned joint venture. 

thyssenkrupp Announces Plans to Split into Two

02 October 2018 - thyssenkrupp AG’s supervisory board has unanimously approved a plan to split the company into two independent entities, one that would manage its steel and materials business and another that would focus on capital goods. 

thyssenkrupp Reveals Plans for 10th Galvanizing Line

04 September 2018 -  thyssenkrupp will add a new hot-dipped galvanizing line to its Dortmund plant in Germany, the company has said.

thyssenkrupp CEO Tenders Resignation

05 July 2018 - Just days after signing an agreement that will combine the European steelmaking operations of India’s Tata Steel and Germany’s thyssenkrupp, thyssenkrupp chief executive Heinrich Hiesinger has asked to step down. 

Tata, thyssenkrupp Shake Hands on European Joint Venture

02 July 2018 - After more than two years of negotiations, India’s Tata Steel and Germany’s thyssenkrupp have agreed to combine their European steel business through a 50-50 joint venture. 

Report: thyssenkrupp Takes Another Look at Tata Steel Europe Deal

13 June 2018 - Tata Steel and thyssenkrupp are said to be revisiting the terms of their proposed European joint venture on account of a valuation gap that has opened up between the two businesses, reports Germany’s Handelsblatt business newspaper.  

Tata Steel Europe Employees Not Sold on Potential thyssenkrupp Joint Venture

12 June 2018 - Tata Steel’s European works council has raised new doubts over the combination of the steelmaker’s European strip business with thyssenkrupp’s steel division, making it less likely that a deal will come to fruition by the end of the month, reports the Reuters news service.

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