ThyssenKrupp (OTCMKTS:TYEKF) is a diversified industrial group headquartered in Essen, Germany, offering a broad range of products and services across steel production, materials processing, and engineering sectors. Through its integrated business model, the company serves customers in the automotive, construction, machinery, and energy industries. With a focus on innovation and sustainability, ThyssenKrupp develops advanced metal solutions, customized plant engineering, and smart infrastructure technologies, positioning itself as a key supplier in global manufacturing and engineering markets.
In its Steel Europe and Steel Americas divisions, ThyssenKrupp produces flat carbon steels, high-strength automotive steels, stainless steels, and special alloys. These products are used in vehicle bodies, industrial machinery, building construction, and shipbuilding. The company has been investing in low-carbon steelmaking technologies, including hydrogen-based processes and electric arc furnaces, to reduce CO₂ emissions and meet evolving environmental standards.
The Materials Services and Elevator Technology segments reflect the company’s engineering prowess and customer-centric approach. Materials Services provides distribution and processing of metals, plastics, and electronic components, supporting industries from aerospace to consumer goods. Elevator Technology offers a portfolio of passenger and freight elevators, escalators, moving walkways, and digital service solutions. Through its Industrial Solutions unit, ThyssenKrupp delivers turnkey chemical plants, cement plants, and mining equipment, combining mechanical, plant and systems engineering expertise.
Formed in 1999 by the merger of Thyssen AG and Friedrich Krupp GmbH, ThyssenKrupp traces its roots to steelmakers established in the 19th century. With operations in more than 80 countries and a workforce spanning Europe, the Americas, Asia and Africa, the company maintains a truly global footprint. Under the leadership of CEO Martina Merz and a seasoned executive board, ThyssenKrupp continues to pursue strategic partnerships, digital transformation initiatives and sustainable growth across its core industrial businesses.
