4.84€
-0.02€ (-0.41%)
End-of-day quote: 05/03/2024
XTRA:TKA

thyssenkrupp Profile

ThyssenKrupp AG (the company) is engaged in steel, capital goods, and services sectors worldwide. The company’s operating activities are grouped in six segments - Steel, Automotive, Elevator, Technologies, Materials and Services.

Steel

Products in its steel segment include carbon steel, including hot strip, sheet/coated products, plate, medium strip/special profiles, tailored blanks, construction elements, steel service, and tinplate; stainless steel, including cold-rolled strip/precision strip, nickel-base alloys, hot-rolled strip, processing, and titanium; and special services, such as electrical steel, stainless long products, and nonferrous metal wire.

The company’s concentrates on high-quality carbon and stainless flat-rolled steels. Both the company’s Carbon Steel and Stainless Steel business units are focused on the manufacture of Steel activities specialize in flat- flat-rolled products (sheet and strip) which are in high demand in the automotive, engineering rolled products. The company’s third business unit is Special Materials.

Stainless Steel also produces other high-performance materials - primarily nickel- and cobalt-base alloys - and processes them into strip, sheet, rod and wire. These materials are used to meet demanding requirements in the chemical, petrochemical, energy, environmental, electronics, auto and aerospace sectors.

Electrical steel from the company’s Special Materials business unit is in demand for applications which reduce the environmental impact of producing and utilizing energy. Special Materials also supplied electrical steel strip for the stator propulsion system of the Transrapid magnetic train. The business unit additionally manufactures high-quality specialty steel long products as well as nonferrous metal wire.

Automotive

The company’s automotive segment manufactures carbody components; and engine parts, such as crankshafts and assembled camshafts, as well as adjustable steering columns and steering systems. It also supplies airspring and suspension systems, axles, and complete chassis systems.

Body: The unit produces body outer skin parts such as doors, engine hoods and side panels. It also manufactures a full range of structural components through to full frames. ThyssenKrupp Automotive is closely integrated in the development process and in cooperation with the automobile companies helps create new solutions in design and technology.

Powertrain: Steering columns, crankshafts, camshafts and precision forgings are the unit's main product lines.

Full-vehicle capability: At the beginning of the year, the Automotive segment acquired a 10% interest in Valmet Automotive in Finland with an option to purchase the remaining 90% at a later date. Valmet Automotive is a competent and experienced manufacturer of complete niche vehicles. With the investment in Valmet and the associated cooperation, ThyssenKrupp significantly expanded its full-vehicle capability.

Elevator

The Elevator segment is at home on all five continents. Almost 90% of the segment's sales are generated outside Germany. Its brand stands for outstanding product quality and innovative technology, solidity and reliability, as well as first-rate, customer-focused service.

The company produces, sells and services elevators, escalators, moving walks, passenger boarding bridges and stair and platform lifts through- out the world.

The segment's business is mainly organized on a regional basis, with only the passenger boarding bridges and stair/platform lift activities being managed centrally. In the escalator business, the company’s new "e-escalator" range, featuring a completely new data transmission system, has proved successful on the market. Operating data gathered by an internal computer can be accessed immediately by customers and service engineers.

Technologies

The company’s technologies segment is organized in four business units: production systems, plant technology, marine, and mechanical engineering. Production systems offers machinery, equipment, and systems in the field of metal cutting, autobody manufacturing systems, and assembly plant used by customers in the automotive, aerospace, and fittings sectors. Plant technology specializes in oil and gas technology, fertilizers, organic intermediates, flue gas desulfurization, and pharmaceutical plants, as well as in cement, minerals, cokemaking, and energy sectors. In addition, it supplies grinding, pyroprocessing, handling, and automation technologies for the mining and extraction of coal and ore. Marine builds civilian ships. Mechanical engineering division developed a new mode of transportation, a magnetic train that travels at up to 500 km/h with comparatively low energy consumption.

Materials

With the business units MaterialsServices Europe, MaterialsServices North America and Special Products the company supplies not only an extremely broad and deep range of products but also customer-oriented, all-round service packages. Materials and applications advice, storage, processing, project and inventory management, e-commerce solutions and just-in-time logistics - these are the main elements of the company’s service strategy with which it operates chiefly in Europe and North America. Some 300 branches, warehouses and service centers supply customers in a wide range of sectors.

Service

The Service segment offers round-the-clock services. Its range is unique in Europe, extending from industrial maintenance and repair to technical facility management and high-quality it and communication services.

With its one-stop-shopping concept, the Serv segment is a major problem solver and service provider in all the technology and it-related activities of its customers. Long-term outsourcing agreements guarantee the sales of the four business units Industrial Services, Construction Services, Facilities Services and Information Services. Mostly industrial companies with international operations, Serv's customers are increasingly keen to have non-core business processes carried out by external service providers.

The guiding principle of all four business units is to provide customer-oriented services focusing on specific industries. The company’s core strategic capabilities lie in the key automobile, steel, chemical and petrochemical sectors.

Industrial Services: At more than 100 locations in Europe, the Industrial Services business unit engages in particular in maintenance and repair, assembly, shop services and internal operating logistics. This can also include the management of entire production areas.

Construction Services: At over 150 locations in 20 countries, the Construction Services business unit offers extensive services for the building, maintenance and repair of industrial facilities and buildings. This includes, for example, insulation, corrosion protection, and concrete repair services. In addition, the company develops, sells and hires innovative formwork and scaffolding systems.

Facilities Services: In the Facilities Services business unit, the company develops tailor-made solutions for complex projects in electrical and mechanical facility systems, especially building automation systems.

Information Services: The Information Services business unit focuses on wide-ranging and highly complex IT services for industrial customers. Financial service providers and health insurance companies are a growing customer group. At 38 locations in ten countries the company successfully provides computer center services as well as "on-the-spot" services for pcs, networks and telephone systems including satellite communications. The telephone and data communication network will initially encompass 72 locations in Europe, Africa, Asia and Central America.

Real Estate

Private tenants and investors, property developers and companies use the services of the company’s Real Estate business. It provides people with a place to live, develop industrial property, realize building projects and perform a wide range of real-estate services.

For private customers the company develops and realizes single-family semi-detached and terraced houses in all price ranges as well as apartments at the luxury end of the market.

Country
Industry:
Miscellaneous primary metal products
Founded:
1811
IPO Date:
06/07/1999
ISIN Number:
I_DE0007500001

Contact Details

Address:
thyssenkrupp Allee 1, Postfach, 45063, Essen, North Rhine-Westphalia, 45143, Germany
Phone Number
49 201 844 0

Key Executives

CEO:
Lopez Borrego, Miguel
CFO
Keysberg, Klaus
COO:
Data Unavailable