ThyssenKrupp

ThyssenKrupp AG
Company typePublic
ISINDE0007500001 
IndustryConglomerate
Predecessors
Founded17 March 1999 (1999-03-17)
Headquarters,
Germany
Area served
Worldwide
Key people
Revenue €35.04 billion (2024)
€−1.07 billion (2024)
€−1.51 billion (2024)
Total assets €29.33 billion (2024)
Total equity €9.583 billion (2024)
OwnersAlfried Krupp von Bohlen und Halbach Foundation (21%)
Number of employees
98,120 (2024)
SubsidiariesTKMS (51%)
Websitethyssenkrupp.com

ThyssenKrupp AG (/ˈtɪsən.krʊp/, 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.