Tag Archives: ThyssenKrupp

Carbon-Neutral Cement: Groundbreaking for Innovative Plant in Lägerdorf

(IN BRIEF) A groundbreaking ceremony in Lägerdorf, Schleswig-Holstein, marked the official start of construction for one of the world’s first carbon-neutral cement plants. Notable attendees included Dr. Robert Habeck, Vice Chancellor and Federal Minister for Economic Affairs and Climate Protection, … Read the full press release

thyssenkrupp Veerhaven Pioneers Climate-Friendly Pusher Tug Fleet for Steel Supply Chain Decarbonization

(IN BRIEF) thyssenkrupp Veerhaven, the Dutch logistics subsidiary of thyssenkrupp Steel Europe, is embarking on a groundbreaking initiative to design and commission climate-friendly pusher tugs for its fleet renewal. These innovative vessels, fueled by methanol and optimized for low-water capabilities, … Read the full press release

thyssenkrupp’s Fiscal Performance Aligned with Expectations Despite Market Challenges

(IN BRIEF) thyssenkrupp’s operational performance in the first quarter of the 2023/2024 fiscal year remained steady amidst a challenging market landscape. With order intake at €8.0 billion and sales at €8.2 billion, the company faced economic effects leading to declines, … Read the full press release

German Navy Extends Contract with ARGE F125 for Frigate Support, Ensuring Operational Readiness

(IN BRIEF) The Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) has prolonged the contract with ARGE F125 for technical-logistical support (TLB) of the F125 frigate class, encompassing four ships and a testing/training center in Wilhelmshaven, until … Read the full press release

thyssenkrupp Materials Services Expands Operations with $37 Million Investment in San Luis Potosí, Mexico

(IN BRIEF) thyssenkrupp Materials Services has opened a new $37 million service center in San Luis Potosí, Mexico, with a focus on sustainability and electromobility. The facility will create approximately 65 jobs and aims to support the growing automotive supply … Read the full press release

thyssenkrupp Unveils Decarbon Technologies Segment to Lead the Green Transition

(IN BRIEF) Industrial and technology company thyssenkrupp is undergoing a significant transformation, reorganizing its portfolio to create the “Decarbon Technologies” segment, set to launch on October 1, 2023. This new segment will consolidate key technologies for decarbonizing industries, such as … Read the full press release

thyssenkrupp Sustains Resilient Performance Amidst Challenges in Q3 2022/2023; Refines Fiscal Year Forecast

(IN BRIEF) Despite a challenging business environment, thyssenkrupp reported a robust performance in the 3rd quarter of the 2022/2023 fiscal year. Order intake of €9.4 billion and sales of €9.6 billion were lower than the prior year due to normalization … Read the full press release

Germany’s Vice-Chancellor Robert Habeck Commits €2 Billion to thyssenkrupp’s Green Steel Project tkH2Steel

(IN BRIEF) Robert Habeck, Germany’s Vice-Chancellor and Minister for Economic Affairs and Climate Action, pledges around two billion euros in funding to thyssenkrupp Steel’s “tkH2Steel” decarbonization project. The joint effort with the state government of North Rhine-Westphalia aims to revolutionize … Read the full press release

thyssenkrupp Lists Hydrogen Business on Frankfurt Stock Exchange, Raises €526 Million in Successful IPO

(IN BRIEF) thyssenkrupp has successfully listed its hydrogen business, thyssenkrupp nucera, on the Frankfurt Stock Exchange. As one of the world’s leading suppliers of electrolysis plants for green hydrogen production, thyssenkrupp nucera raised approximately €526 million through the IPO. The … Read the full press release

Detección de daños en tiempo real para operadores de flotas impulsada por carValoo, Acuerdo de tecnología de flotas

(NOTICIA EN BREVE) La subsidiaria de Thyssenkrupp, carValoo, se ha asociado con Fleet Technology GmbH en un acuerdo de crecimiento. Fleet Technology ha adquirido el 77,5 % de las acciones de carValoo y Thyssenkrupp conserva el 22,5 %. La inversión … Read the full press release

Real-time damage detection for fleet operators boosted by carValoo, Fleet Technology deal

(IN BRIEF) Thyssenkrupp subsidiary, carValoo, has partnered with Fleet Technology GmbH in a growth deal. Fleet Technology has acquired 77.5% of carValoo’s shares, with thyssenkrupp retaining 22.5%. The investment will boost carValoo’s cloud services for fleet operators, which offer real-time, … Read the full press release

L’économie circulaire dans la production de véhicules reçoit un coup de pouce du ministère allemand et du consortium

(ACTUALITÉ EN BREF) Un consortium de 19 entreprises industrielles et instituts de recherche de premier plan, dont BMW et Evonik, travaille au développement de nouveaux procédés d’utilisation de matériaux durables dans la production de véhicules circulaires. Evonik apporte son expertise … Read the full press release

Circular Economy in Vehicle Production Gets Boost from German Ministry, Consortium

(IN BRIEF) A consortium of 19 leading industrial companies and research institutes, including BMW and Evonik, is working on developing new processes for using sustainable materials in circular vehicle production. Evonik is contributing its expertise in plastics and recycling additives … Read the full press release

La empresa de ingeniería danesa FLSmidth recibe autorizaciones regulatorias para completar su adquisición del negocio minero de thyssenkrupp

(COMUNICADO DE PRENSA) COPENHAGEN, 23-Mar-2022 — /EuropaWire/ — FLSmidth (CPH: FLS), una empresa de ingeniería multinacional danesa, ha anunciado que ya se han recibido todas las autorizaciones reglamentarias relativas a la adquisición del negocio minero de thyssenkrupp. Además de las … Read the full press release

Danish engineering company FLSmidth receives regulatory clearances for the completion of its acquisition of thyssenkrupp’s mining business

(PRESS RELEASE) COPENHAGEN, 23-Mar-2022 — /EuropaWire/ — FLSmidth (CPH: FLS), a Danish multinational engineering company, has announced that all regulatory clearances concerning its acquisition of the thyssenkrupp’s mining business have now been received. In addition to the approvals already in … Read the full press release

thyssenkrupp to test the industrial production, use and system integration of green hydrogen as part of German Federal Ministry of Education and Research’s hydrogen lead projects

H2Giga: thyssenkrupp is driving forward the industrialization of alkaline water electrolysis through automated series production H2Mare: thyssenkrupp tests the offshore production of green methanol and ammonia TransHyDE: thyssenkrupp tests ammonia cracking (PRESS RELEASE) ESSEN, 7-Oct-2021 — /EuropaWire/ — thyssenkrupp (ETR: … Read the full press release

thyssenkrupp transformation: the company divests Acciai Speciali Terni (AST) to Arvedi, one of Europe’s most significant steel makers

Further milestone achieved in focusing the portfolio and realigning the group Stainless steel business will profit from new owner’s willingness to invest and attractive development prospects Parties agree not to disclose purchase price; closing expected within first half of 2022 … Read the full press release

Austrian Action Composites GmbH takes over thyssenkrupp Carbon Components GmbH

thyssenkrupp group posts further success in focusing portfolio Change of ownership gives thyssenkrupp Carbon Components GmbH positive prospects for continuation Closing expected within the coming weeks Michael Höllermann, CHRO Multi Tracks: “Carbon Components stands for highly innovative products. Under the … Read the full press release

thyssenkrupp CEO Martina Merz on first 9 months 2019/2020: business came through the crisis slightly better than initially feared in Q3 overall

Weeks of stoppages and slump in auto sector impact in particular materials and components businesses Structural challenges continue to weigh on steel business Sales of continuing operations after 9 months down 15 percent year-on-year Adjusted EBIT in Q3 significantly negative … Read the full press release

The ancient home of Confucius, the city of Luoyang, will launch its metro line equipped with thyssenkrupp elevators and escalators

The ancient home of Confucius, the city of Luoyang, will launch its metro line equipped with thyssenkrupp elevators and escalators

(PRESS RELEASE) ESSEN, 17-Jan-2020 — /EuropaWire/ — Chinese historical city Luoyang in the Henan province will be launching its metro in 2021 by relying on 234 elevators and escalators from thyssenkrupp Elevator. The company has just announced it won the … Read the full press release

thyssenkrupp invests 60 million euros on industrialization of new damper technology

(PRESS RELEASE) ESSEN, 25-Jun-2019 — /EuropaWire/ — thyssenkrupp opened a new automotive components plant in Sibiu, Romania which will produce dampers for customers including Daimler, Jaguar Land Rover and Porsche. thyssenkrupp invested around 60 million euros to build the new … Read the full press release

thyssenkrupp won the Innovative Star of Energy Efficiency Award in the Built Environment category at the Alliance to Save Energy’s Evening with the Stars of Energy Efficiency Awards in Washington

The Alliance to Save Energy recognized thyssenkrupp’s MULTI elevator with its Innovative Star of Energy Efficiency Award in the Built Environment category MULTI, thyssenkrupp’s groundbreaking rope-less and sideways-moving elevator, will enable architects reinvent building design and improve the business case … Read the full press release

thyssenkrupp Elevator to maintain the 440 elevators and escalators at the 80 stations along the 110 kilometers long metro system in Stockholm

Storstockholms Lokaltrafik AB, Stockholm’s public transportation company, signed an 8-year contract with thyssenkrupp Elevator to maintain the 440 elevators and escalators Rising passenger figures require highest quality standards regarding transportation systems as well as maintenance solutions ESSEN, 14-Aug-2018 — /EuropaWire/ … Read the full press release

Final round of BeyondConventions gets underway at the thyssenkrupp Quarter in Essen

ESSEN, 21-Feb-2018 — /EuropaWire/ — The final round of BeyondConventions gets underway at the thyssenkrupp Quarter, Essen today. Under the BeyondConventions format, large German corporations are seeking start-up partners for their digital challenges. thyssenkrupp, innogy, Open Grid Europe, Schacht One … Read the full press release

thyssenkrupp and trade union IG Metall reach agreement for the planned 50/50 joint venture with Tata Steel Europe

thyssenkrupp agrees with employee representatives on conclusion of a collective agreement Collective agreement contains assurances on site and employment continuation and investment Agreement enables thyssenkrupp to implement its strategic and operational goals for the joint venture IG Metall collective bargaining … Read the full press release

thyssenkrupp CEO Dr. Heinrich Hiesinger: We exceeded our growth and earnings targets

Group’s adjusted EBIT: €1.9 billion (prior year €1.5 billion) Adjusted EBIT of continuing operations (without Steel Americas): €1.7 billion (prior year €1.5 billion) Highest order intake since start of Strategic Way Forward Net financial debt substantially reduced, equity substantially increased … Read the full press release

thyssenkrupp opens new production shop for steering components at its Schönebeck site in Saxony-Anhalt

Strategic expansion of steering production in Schönebeck continues Plant expansion creates 65 new jobs Modernization and digitization of production infrastructure generates competitive advantages ESSEN, 27-Oct-2017 — /EuropaWire/ — Today (2017-10-25) thyssenkrupp opened a new production shop for steering components at … Read the full press release

thyssenkrupp completes the sale of CSA Siderúrgica do Atlântico (CSA) steel mill in Brazil to Latin American steelmaker Ternium for EUR 1.5 billion

ESSEN, 12-Sep-2017 — /EuropaWire/ — The sale of the CSA Siderúrgica do Atlântico (CSA) steel mill in Brazil to the Latin American steelmaker Ternium is complete. With the closing of the transaction thyssenkrupp has received the purchase price (enterprise value) of … Read the full press release

thyssenkrupp obtains Environmental Product Declaration (EPD) for its endura Machine Room-Less (MRL) elevator

thyssenkrupp’s endura Machine Room Less elevator EPD is the first ever for an elevator with The International EPD System. The company plans other EPDs for its product portfolio. An EPD provides information about a product’s environmental impacts The small lifetime … Read the full press release

Thyssenkrupp’s MULTI Elevator’s ground-breaking technology and concept honored at the 2017 Edison Awards

thyssenkrupp receives Gold award for the MULTI elevator in the category Transportation and Logistics The world’s first rope-free elevator revolutionizes urban mobility by moving multiple elevator cars in a single shaft both vertically and horizontally ESSEN, 25-Apr-2017 — /EuropaWire/ — thyssenkrupp … Read the full press release

thyssenkrupp further expands in Hungary with plans for springs and stabilizers production facility in Debrecen

New production facility for springs and stabilizers to be built in Debrecen at a cost of around 35 million euros ESSEN, 03-Feb-2017 — /EuropaWire/ — The technology group thyssenkrupp plans to build a further automotive and components plant in Hungary. The … Read the full press release

thyssenkrupp wins “2016 Project of the Year” award by Elevator World for its iwalk moving walks at Madinah Airport in Saudi Arabia

The moving walks installed include 22 units of thyssenkrupp’s innovative concept iwalk With a traffic close to 6 million passengers during 2015, Madinah Airport serves as a main gateway to pilgrims during the Hajj and Umrah seasons ESSEN, 03-Nov-2016 — … Read the full press release

Vivek Bhatia to succeed Dr. Stefan Schmitt as new CEO of thyssenkrupp Asia Pacific effective October 1, 2016

ESSEN, 18-Aug-2016 — /EuropaWire/ — Vivek Bhatia (38) will become the new CEO of thyssenkrupp Asia Pacific effective October 1, 2016. He succeeds Dr. Stefan Schmitt (40), who will move to thyssenkrupp AG as Head of Human Resources Strategy effective October … Read the full press release

General Motors 2015 Supplier of the Year Award went to thyssenkrupp’s Springs & Stabilizers business unit

Supplier of the Year Award goes to Springs & Stabilizers unit Recognition for superior quality, new products, cost efficiency and supply chain ESSEN, 25-Mar-2016 — /EuropaWire/ — thyssenkrupp has been honored by carmaker General Motors as one of its best global suppliers. … Read the full press release

thyssenkrupp addresses the mobility of passengers at the new Barcelona metro stations

Innovative entrances to new Barcelona metro stations with intelligent elevators and escalators coordinated with the arrival and departure of trains. Each year over 30 million passengers will benefit from 180 new mobility units in the stations. ESSEN, 16-Feb-2016 — /EuropaWire/ … Read the full press release

ThyssenKrupp started operation of a new test and development center for slewing rings in Lippstadt

Further development of slewing rings for multi-megawatt wind turbines Cooperation with customers, suppliers, and universities to be intensified Lippstadt, Germany, 19-10-2015 — /EuropaWire/ — The industrial and technology group ThyssenKrupp has started operation of a new test and development center for slewing … Read the full press release

ThyssenKrupp installed the fastest elevators in North and South America at One World Trade Center in New York

ESSEN, 2-6-2015 — /EuropaWire/ — ThyssenKrupp has installed the fastest elevators in North and South America at One World Trade Center in New York. The technology group also supplied stainless steel for the spire of the tower. The five elevators … Read the full press release

ThyssenKrupp’s testing site for ground-breaking mobility solutions in Rottweil, Germany becoming a significant tourist attraction for the Baden-Württemberg area

ESSEN, 28-5-2015 — /EuropaWire/ — The tower, which will rise to 246 meters upon completion, will serve as the testing site for ThyssenKrupp’s ground-breaking mobility solutions, including the rope-less elevator MULTI, and is already proving to be a significant tourist attraction … Read the full press release

ThyssenKrupp elevator division Elevator Technology streamlines its structure to enable it to operate even more efficiently on the market in the future

ESSEN, 4-5-2015 — /EuropaWire/ — Elevator Technology, the elevator division of ThyssenKrupp, is streamlining its structure to enable it to operate even more efficiently on the market in the future. The number of its lead regional business units is being … Read the full press release

ThyssenKrupp selected the building at Wasserstrasse 223 in Bochum-Wiemelhausen for its new Global Shared Services (GSS) organization

ESSEN, 09-1-2015 — /EuropaWire/ — For its new Global Shared Services (GSS) organization, which already has operations in Essen, ThyssenKrupp has decided on a further location in the Ruhr area, in Bochum. Having examined various possible sites in Bochum in terms … Read the full press release