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Thyssenkrupp invests in new Hungarian engineering centre
January 22, 2021
The German conglomerate is launching another electromobility-related development project in Veszprém, Hungary where the company will establish an engineering service centre with an investment of more than EUR 6 million.
thyssenkrupp responds to weaker market – realigns automotive system engineering
September 30, 2020
The German group says it needs to further restructure itself due to continuing market weakness. In light of this, thyssenkrupp intends to split its System Engineering business into two independent companies, one for body and one for powertrain.
thyssenkrupp completes sale of elevator business
August 06, 2020
thyssenkrupp has successfully completed the sale of its elevator business after all the responsible authorities had approved the sale to a bidding consortium led by Advent International and Cinven.
thyssenkrupp expands automotive business in eastern Europe
July 01, 2019
thyssenkrupp has decided to expand its automotive business in Europe by building a new production facility for auto components in Pécs in Hungary.
thyssenkrupp breaks ground, will set record at new Innovation and Qualification Center
April 23, 2019
thyssenkrupp Elevator broke ground on a new innovation and qualification center (IQC) that will include a 420-ft. elevator tower, the tallest in the U.S. and one of the tallest in the world.
thyssenkrupp plans to split the group into two listed companies
October 01, 2018
At an extraordinary meeting on Sunday, September 30, 2018, the executive board of thyssenkrupp AG proposed that the company should be split into two much more focused and efficient companies.
thyssenkrupp invest further in Eastern Europe
March 06, 2018
thyssenkrupp announces that it has opened a further automotive components plant in Jászfényszaru, Hungary.
thyssenkrupp acquires division from FMT
February 09, 2018
thyssenkrupp’s airport solutions business has acquired the aircraft gate docking systems division of the Swedish company FMT.
thyssenkrupp receives China's largest TWIN order
June 12, 2017
thyssenkrupp has secured a contract for 41 transportation units, including 8 TWIN elevators, for the Sunshine Insurance Group’s new headquarters in Beijing, China. This is the largest TWIN order the company has received in China.
thyssenkrupp elevators manufactured in Pune
May 15, 2017
thyssenkrupp opened its newest Multi-Purpose Facility (MPF) for the elevator industry, including manufacturing of elevators, distribution center and training facilities in the Chakan Industrial Area of Pune, Maharashtra, India.
thyssenkrupp Industrial Solutions appoints new CEO
May 09, 2017
Dr. Peter Feldhaus (50), currently CEO of Marine Systems, is to be the new CEO of the Industrial Solutions business area at thyssenkrupp.
thyssenkrupp supplies escalators to Azerbaijan
May 04, 2017
thyssenkrupp has won tenders for 25 escalators, including the highest units ever produced in Germany, with 48.7m rise.
The escalators increase capacity of the metro stations.
thyssenkrupp opens R&D center for powertrain technology in China
April 25, 2017
The industrial and technology group thyssenkrupp opened a new development center for engine components in Dalian, China.
Kongsberg and ThyssenKrupp with new submarine agreement
March 09, 2017
Kongsberg, thyssenkrupp Marine Systems and Atlas Elektronik enter into a comprehensive teaming agreement for submarines.
thyssenkrupp sells steel mill for EUR 1,5 billion
February 28, 2017
The industrial and technology group thyssenkrupp has reached agreement with Ternium on the sale of the CSA Siderúrgica do Atlântico (CSA) steel plant in Brazil. The purchase price (enterprise value) is EUR 1.5 billion.
thyssenkrupp Marine Systems: Strategic partner to the Norwegian navy
February 09, 2017
Following an extensive selection process by the Norwegian defense ministry, thyssenkrupp Marine Systems (tkMS) has been chosen as a strategic partner to the Norwegian navy.
Airbus sells its shares in Atlas Elektronik
January 17, 2017
Airbus Defence and Space has entered into an agreement to sell its 49 percent share in Atlas Elektronik Group to thyssenkrupp AG based in Essen, Germany.
Global arms industry: USA remains dominant despite decline
December 16, 2016
Sales of arms and military services by the largest arms-producing and military services companies – the SIPRI Top 100 – totalled USD 370.7 billion in 2015 according to SIPRI.
Hackers tried to steal tech-secrects from thyssenkrupp
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December 14, 2016
thyssenkrupp has been the target of a cyber-attack. It has been a professional attack, apparently from the Southeast Asian region, the company states.
