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About thyssenkrupp
Industries
Automotive & Transportation
Industrial & Manufacturing
Energy
Company Size
10,001+
Company Stage
IPO
Headquarters
Essen, Germany
Founded
1811
Overview
thyssenkrupp is an international industrial and technology group with around 98,000 employees, generating €35 billion in sales across 47 countries. The company operates in five segments: Automotive Technology, Decarbon Technologies, Materials Services, Steel Europe, and Marine Systems, focusing on solutions for climate protection and energy transition. With about 3,900 employees in research and development, thyssenkrupp holds around 16,900 patents and aims to support both its own climate goals and those of its customers. The company's goal is to lead in sustainable industrial solutions that contribute to a greener future.
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Simplify's Take
What believers are saying
- Acquisition of Waves aligns with sustainability trends, attracting eco-conscious consumers.
- Collaboration with Citigroup Inc. could optimize Thyssenkrupp's portfolio for financial stability.
- Divesting non-core assets to Acciaieria Arvedi Spa streamlines operations for profitability.
What critics are saying
- Integration challenges may arise from the acquisition of Waves.
- Strategic shifts under new CEO may cause internal disruptions.
- Failed Tata Steel deal indicates potential difficulties in future mergers or acquisitions.
What makes thyssenkrupp unique
- Thyssenkrupp's acquisition of Waves enhances its sustainability management capabilities.
- Oliver Burkhard's appointment as CEO may bring strategic direction to marine systems.
- Partnership with OpSource Staffing shows commitment to workforce expansion and community engagement.
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Funding
Total Funding
$1540.2M
Above
Industry Average
Funded Over
2 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Wellness Program
401(k) Company Match
Paid Vacation
Paid Holidays
Tuition Reimbursement
Company News
Thyssenkrupp is strengthening its retail division with the purchase of the Luxembourg-based company Waves in the area of sustainability management. The acquisition is an important step in expanding...
Thyssenkrupp AG's Marine Systems division said Friday that it had appointed its supervisory-board chairman Oliver Burkhard as its new chief executive after an extraordinary board meeting.
OpSource Staffing is partnering with ThyssenKrupp to host a job fair Friday in Spartanburg County.
Tata Steel, which managed to turn around the company renamed as Tata Steel BSL, however, couldn't close a deal to sell its European business to ThyssenKrupp.
Thyssenkrupp has been working with Citigroup Inc. to explore options for Uhde.
thyssenkrupp is Hiring for 56 Jobs on Simplify!
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Training
1 Open Roles
About thyssenkrupp
Industries
Automotive & Transportation
Industrial & Manufacturing
Energy
Company Size
10,001+
Company Stage
IPO
Headquarters
Essen, Germany
Founded
1811
thyssenkrupp is Hiring for 56 Jobs on Simplify!
Find jobs on Simplify and start your career today
Training
1 Open Roles