thyssenkrupp

thyssenkrupp

About thyssenkrupp

Simplify's Rating
Why thyssenkrupp is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Automotive & Transportation

Industrial & Manufacturing

Energy

Aerospace

Company Size

10,001+

Company Stage

IPO

Headquarters

Essen, Germany

Founded

1811

Overview

Simplify Jobs

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

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

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

MarketScreener
Jan 9th, 2025
Thyssenkrupp takes over Luxembourg-based Waves

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...

MarketWatch
Mar 18th, 2022
Thyssenkrupp hired Oliver Burkhard as chief executive on Mar 18th 22'.

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.

WSPA
Mar 9th, 2022
Opsourcestaffing partnered with Thyssenkrupp on Mar 11th 22'.

OpSource Staffing is partnering with ThyssenKrupp to host a job fair Friday in Spartanburg County.

Opoyi
Jan 27th, 2022
Tata Steel BSL sells assets to Thyssenkrupp

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.

Bloomberg
Nov 15th, 2021
Thyssenkrupp partners with CITIGROUP INC

Thyssenkrupp has been working with Citigroup Inc. to explore options for Uhde.

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