ThyssenKrupp (OTCMKTS:TKAMY) AG is a German multinational conglomerate formed by the merger of Thyssen AG and Krupp in 1999, with corporate roots that trace back to the early 19th century. The group operates as an integrated industrial and technology enterprise, leveraging a long history of steel production and engineering excellence. Headquartered in Essen, Germany, ThyssenKrupp has evolved to offer a broad portfolio of products and services across several key industrial sectors.
The company’s main business activities span materials and components manufacturing, plant engineering, and industrial services. ThyssenKrupp Steel Europe provides high-grade steel products for the automotive, construction and packaging industries, while Materials Services distributes ferroalloys, aluminum, plastics and specialty steels. Its Industrial Solutions division designs and builds chemical plants, cement plants and material handling systems, and its Marine Systems unit supplies submarines and naval vessels to defense customers worldwide.
ThyssenKrupp also holds a leading position in Elevator Technology, delivering passenger and freight elevators, escalators and moving walkways alongside digital service platforms. The Automotive Technology segment develops driveline and chassis components, offering tailored solutions in lightweight construction and electric mobility. Across these operations, the group emphasizes research and development in areas such as digitalization, hydrogen-based technologies and sustainable materials processing.
With operations in over 80 countries, ThyssenKrupp serves customers throughout Europe, the Americas, Asia and Africa, supported by a global network of manufacturing sites and engineering centers. The company is governed by an Executive Board and a Supervisory Board, and as of 2023 is led by Chief Executive Officer Martina Merz. Focusing on innovation, efficiency and environmental stewardship, ThyssenKrupp continues to adapt its long-standing heritage to meet the evolving needs of industrial clients worldwide.
