ThyssenKrupp AG (OTCMKTS: TKAMY) is a diversified German industrial conglomerate headquartered in Essen and Düsseldorf. Formed in 1999 through the merger of Thyssen AG and Friedrich Krupp GmbH, the company operates across multiple segments, including steel production, materials distribution, industrial engineering, elevator technology and automotive components.
In its Materials Services division, ThyssenKrupp supplies processed and semi-finished steel products and high-performance materials to industries such as automotive, construction and machinery manufacturing. The Steel Europe and Steel Americas segments focus on flat carbon steel production and processing, serving regional and global customers. The Industrial Solutions unit delivers large-scale plant engineering projects for chemical, petrochemical and cement sectors.
The Elevator Technology business designs, manufactures and maintains passenger and freight elevators, escalators and moving walks for commercial, residential and infrastructure projects worldwide. Through Automotive Technology, ThyssenKrupp develops lightweight chassis components, steering systems and anti-vibration solutions for original equipment manufacturers. Its Marine Systems division provides submarines and naval vessels under long-term defence contracts.
With roots dating back to the 19th century, ThyssenKrupp has established a presence in more than 80 countries, operating production sites, sales offices and service centers across Europe, the Americas, Asia and beyond. Governed by a Supervisory Board and a Management Board, the company has been led by CEO Martina Merz since 2019, driving initiatives in digitalization, sustainability and operational excellence throughout its global portfolio.
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