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thyssenkrupp AG

Logo: thyssenkrupp AG, Public domain, via Wikimedia Commons4

German multinational conglomerate

ThyssenKrupp AG (, German: [ˌtʏsn̩ˈkʁʊp]) is a German industrial engineering and steel production company. It resulted from the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and Essen.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1999Founded1

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  • Ticker0O1C on London Stock Exchange1
  • Industryiron and steel industry, weapons industry1
  • HeadquartersEssen1
  • Founded inEssen1
  • Websitewww.thyssenkrupp.com
  • Legal formAktiengesellschaft1
  • Listed onFrankfurt Stock Exchange (TKA), London Stock Exchange (0O1C)1
  • Business address120 Broadway, 32Nd Floor, New York, Ny 102715

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Thyssen-Krupp-Quartier-Teilansicht-Essen-2013
Photo: Tuxyso, CC BY-SA 3.0, via Wikimedia Commons6

ThyssenKrupp AG (German: [ˌtʏsn̩ˈkʁʊp]) is a German industrial engineering and steel production company. It resulted from the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and Essen. The company says that it is one of the largest steel producers in the world, and it was ranked tenth-largest worldwide by revenue in 2015. It is divided into 670 subsidiaries worldwide. The largest shareholders are the Alfried Krupp von Bohlen und Halbach Foundation and Cevian Capital. ThyssenKrupp's products range from machines and industrial services to high-speed trains, elevators, and shipbuilding. The subsidiary ThyssenKrupp Marine Systems also manufactures frigates, corvettes, and submarines for the German and other navies.3

How it started

History

ThyssenKrupp is the result of a merger of two German steel companies, Thyssen AG founded in 1891 under the name Gewerkschaft Deutscher Kaiser and Krupp founded in 1811. As early as the 1980s, the companies began negotiations on a merger and began closely cooperating in some business areas. In 1997, the companies combined their flat steel activities, with a full merger completed in March 1999.

Krupp

1811: Friedrich Carl Krupp established a cast steel factory in Essen, Germany.

1826: After Friedrich Krupp's death in 1826, his widow Therese Krupp ran the company together with other relatives and her eldest son Alfred, who was 14 years old at the time.

1833: Krupp manufactures complete rolling machines.

From Wikipedia’s article on thyssenkrupp AG, shared under CC BY-SA 4.0.3

Leadership

Who has led thyssenkrupp AG, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Ekkehard Schulz1999–2011
  2. Heinrich Hiesinger2011–2018
  3. Miguel Ángel López Borrego2023–now
200020052010201520202025

Subsidiaries and ownership

Owners

  • Alfried Krupp von Bohlen und Halbach Foundation 21%

Subsidiaries

  • Berco S.p.A.
  • Blohm+Voss
  • Drieux-Combaluzier
  • Terni (Firm)
  • ThyssenKrupp (Brazil)
  • ThyssenKrupp (Italy)
  • ThyssenKrupp (Liechtenstein)
  • ThyssenKrupp (United Kingdom)
  • Thyssenkrupp Automotive Body Solutions
  • Thyssenkrupp Steel Europe
  • thyssenkrupp Materials Services

Also owns

  • Atlas Elektronik
  • Hermann Wenzel power station
  • Howaldtswerke-Deutsche Werft
  • TKMS
  • ThyssenKrupp Veerhaven

From Wikidata.1

Employees over time

thyssenkrupp AG employees by year1100.0K in 2024−40% since 2012
050.0K100.0K150.0K200.0K2012: 168.0K168.0K20122019: 162.4K162.4K2019−3%2020: 103.6K103.6K2020−36%2023: 100.0K100.0K2023−3%2024: 100.0K100.0K2024+0%
  • 202499,9811
  • 202399,9811
  • 2020103,5981
  • 2019162,3721
  • 2012167,9611

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

thyssenkrupp AG revenue by year135.0B EUR in 2024−1% since 2020
020.0B EUR40.0B EUR60.0B EUR2020: 35.4B EUR35.4B EUR20202021: 34.0B EUR34.0B EUR2021−4%2022: 41.1B EUR41.1B EUR2022+21%2023: 37.5B EUR37.5B EUR2023−9%2024: 35.0B EUR35.0B EUR2024−7%
  • 202435.0B EUR1
  • 202337.5B EUR1
  • 202241.1B EUR1
  • 202134.0B EUR1
  • 202035.4B EUR1

Net income

thyssenkrupp AG net income by year1-1.4B EUR in 2024
-5.0B EUR05.0B EUR10.0B EUR2020: 9.6B EUR9.6B EUR20202021: -25.0M EUR-25.0M EUR20212022: 1.2B EUR1.2B EUR20222023: -2.0B EUR-2.0B EUR20232024: -1.4B EUR-1.4B EUR2024−27%
  • 2024-1.4B EUR1
  • 2023-2.0B EUR1
  • 20221.2B EUR1
  • 2021-25.0M EUR1
  • 20209.6B EUR1

Timeline

  1. Jun 1, 2023New chief executive Miguel Ángel López Borrego becomes CEO1
  2. 2011New chief executive Heinrich Hiesinger becomes CEO1
  3. 1999Founded Founded in Essen1
  4. 1999New chief executive Ekkehard Schulz becomes CEO1

Sources

The numbers on this page point here. Each one links to the record it came from.

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