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German multinational conglomerate corporation

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ThyssenKrupp: German multinational conglomerate corporation
ThyssenKrupp AG is a German multinational conglomerate with focus on industrial engineering and steel production. The company is 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 shareholders are Alfried Krupp von Bohlen und Halbach Foundation and Cevian Capital.


Thyssenkrupp to cut another 5,000 jobs [Video]

Thyssenkrupp to cut another 5,000 jobs

German conglomerate Thyssenkrupp plans to cut another 5,000 jobs to stem losses across its sprawling empire after posting a 1.6 billion euro ($1.9 billion) operating loss in its latest financial year,..

Credit: Reuters Studio     Duration: 01:09Published

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