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Thyssen Krupp

thyssenkrupp AG
Aktiengesellschaft
Traded as TKA, : 
Industry Conglomerate
Predecessor Thyssen AG, Krupp
Founded March 17, 1999; 18 years ago (1999-03-17)
Headquarters Duisburg and Essen(seats), Essen (operational headquarters), Germany
Area served
Worldwide
Key people
Heinrich Hiesinger(CEO and Chairman of the executive board), Ulrich Lehner (Chairman of the supervisory board)
Products Steel, stainless products, automotive technologies, plant technologies, elevator systems, marine systems, shipbuilding, services
Revenue Decrease39.263 billion (2016)
Decrease €1.469 billion (2016)
Profit Decrease €296 million (2016)
Total assets Decrease €35.072 billion (2016)
Total equity Decrease €2.609 billion (2016)
Owner

As of September 2016:

Number of employees
Increase 156,487 (2016)
Website www.thyssenkrupp.com

As of September 2016:

ThyssenKrupp AG (stylized for current logo as thyssenkrupp AG) /ˈtɪsɛn.krʊp/ is a German multinational conglomerate, based in Duisburg and Essen and divided into 670 subsidiaries worldwide. It is one of the world's largest steel producers; it was ranked tenth-largest worldwide by revenue in 2015. The company is the result of the 1999 merger of Thyssen AG and Krupp, and now has its operational headquarters in Essen. The largest shareholder is the Alfried Krupp von Bohlen und Halbach Foundation, a major German philanthropic foundation, created by and named in honour of Alfried Krupp von Bohlen und Halbach, former owner and head of the Krupp company, once the largest company in Europe.

In addition to steel production, ThyssenKrupp's products range from machines and industrial services to high-speed trains and shipbuilding. The subsidiary ThyssenKrupp Marine Systems manufactures frigates, corvettes and submarines for German and foreign navies.

ThyssenKrupp has 5,500 employees and generates €1.6 billion in revenue in Spain, where it mainly manufactures elevators. Italy, where the company produces most of its stainless steel, generates €2.3 billion in revenue. The businesses in those two countries make up 9% of all sales for the company.


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