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ThyssenKrupp AG · Düsseldorf Germany ·(German: TKA)

Company Description

August-Thyssen-Strasse 1
Düsseldorf
40211
Germany (Map)
Phone: +49-211-824-0
Fax: +49-211-824-360-00
Rankings
  • DAX 30
  • #305 in FT Global 500
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How do you say "giant engineering and steel company" in German? Try ThyssenKrupp (pronounced "TISS-in"). The company is one of the world's largest steel producers and getting larger; it operates worldwide in three main business areas: steel, capital goods, and services. The steel unit concentrates on carbon steel and stainless steel, while the capital goods unit consists of two segments: elevators and technologies (machine tools, large-diameter bearings, and industrial doors). The services sector provides tailor-made materials, environmental services, mechanical engineering, and scaffolding services. Although its combined interests range from elevators to shipbuilding, the company relies heavily on the cyclical steel market. To read the full description, subscribe now.
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Key ThyssenKrupp AG Financials

Company TypePublic - German: TKA

Headquarters
Fiscal Year-EndSeptember
2007 Sales (mil.)$73,853.4
2007 Employees187,984

ThyssenKrupp AG Executives

20 executives listed for ThyssenKrupp AG's Düsseldorf,  location.
TitleName & BioContact
Chairman, Supervisory BoardGerhard CrommeNetwork
Chairman EmeritusBerthold BeitzNetwork
Chairman, Executive BoardEkkehard SchulzNetwork

Competition

Competitive Landscape for ThyssenKrupp AG
Demand comes largely from the manufacturers of durable goods like motor vehicles, machinery, containers, and construction steel. The profitability of individual companies depends largely on efficient operations, because most products are commodities sold based on price. Big companies have large economies of scale in production. Accordingly, most producers of secondary products buy raw metal from the large producers. Small companies can compete by operating efficient local mini-mills or producing specialty products. The industry is capital-intensive: average annual revenue per worker is close to $300,000. To read the full description, subscribe now.
Top ThyssenKrupp AG Competitors
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