Germany’s ThyssenKrupp on Wednesday revealed a giant write-down of 2.1 billion euros – 25 billion kroner – of its steel division, due to what it describes as a bleak future, according to Reuters. ThyssenKrupp has been trying to sell its steel business for several years, and the write-down underlines the challenge of getting the Czech … Read more
Hamburg German Navy The frigate “Baden-Württemberg” is relocated to the Mediterranean As of: 1:13 p.m. | Reading time: 3 minutes The frigate “Baden-Württemberg”, here on a test trip, is the lead ship of the new F125 class Source: Bundeswehr/Carsten Vennemann You can listen to our WELT podcasts here In order to display embedded content, your … Read more
D.German industrial groups with activities in Russia increasingly want to withdraw from the country in view of the partial mobilization of the Russian armed forces. Thyssenkrupp WELT AM SONNTAG announced that following the stoppage of production at its car plant in Kaluga, south of Moscow, the group was now also cutting “staff at other locations … Read more
The conglomerate Thyssenkrupp is deeply in crisis and is groaning under a mountain of debt. The company is now making a new start and wants to tighten itself. Parts should be repelled or brought together with new partners. The industrial group Thyssenkrupp, which has been in trouble for years, wants to sell off weak business … Read more
Martina Merz, CEO of Thyssen-Krupp, in conversation Picture: Stefan Finger – Thyssen-Krupp sells the elevators, its most profitable division, to financial investors. A conversation with the boss Martina Merz about the struggle for survival of the group and the advantages of Swabian managers. – Ms. Merz, you have just sold Thyssen-Krupp’s most profitable division, the … Read more
02/27/2020 20:44 (Act. 27.02.2020 20:44) – – – Thyssenkrupp sells the silverware © APA (dpa / symbol picture) – – – Thyssenkrupp parted ways with its most valuable division for 17.2 billion euros. The ailing German steel and industrial group is selling its highly profitable elevator division to a consortium of the international financial investors … Read more
The well-known climate skeptic Frits Böttcher published writings in the 1990s that questioned man-made climate heating. According to a report, he received financial support from several companies. According to media reports, dozens of international companies such as the oil company Shell and the Dutch airline KLM have provided financial support for the prominent Dutch climate … Read more
The German conglomerate Thyssenkrupp intends to determine the fate of its most valuable asset in the first quarter – the elevator manufacturing business. The company that is experiencing problems is thinking of selling this unit or conducting an initial public offering (IPO). A number of large investors have already laid eyes on this asset. – … Read more