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ThyssenKrupp

ThyssenKrupp
Company nameThyssenKrupp AG
Company typeAktiengesellschaft
IndustrySteel, engineering, capital goods
PredecessorThyssen AG, Krupp
Founded1999
HeadquartersDuisburg and Essen (seats), Essen (operational headquarters)
Area servedWorldwide
Key peopleHeinrich Hiesinger (CEO and Chairman of the executive board), Gerhard Cromme (Chairman of the supervisory board)
ProductsSteel, stainless products, automotive technologies, plant technologies, elevator systems, marine systems, shipbuilding, services
Revenue-42.62 billion (2009/10)
Operating income-1.787 billion (2009/10)
Net income-824 million (2009/10)
Total assets-43.71 billion (2009/10)
Total equity-10.39 billion (2009/10)
Employees177,350 (Sep 2010)

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ThyssenKrupp AG (FWB - TKA, Lse - 0O1C) (c-eniconˈtɪsɛn.krʊp) is a large global German technology conglomerate, with almost 200,000 employees. The corporation consists of 670 companies worldwide. While ThyssenKrupp is one of the world's largest steel producers, the company also provides components and systems for the automotive industry, elevators, escalators, material trading and industrial services. As of a 2009 reorganization , it is structured into eight business areas that fall under two major divisions, Materials and Technologies. The Materials division concentrates on carbon steel, stainless steel,and material services while the Technology Division concentrates on elevator, plant and components technology, and marine systems. The company is the result of the 1999 merger of Thyssen AG and Krupp, and is headquartered in the city of 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..


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