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ThyssenKrupp
ThyssenKrupp AG (, ; stylized as thyssenkrupp) is a German industrial engineering and steel production multinational conglomerate. 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."The world's largest steel companies in 2015, based on revenue"
''Statista''
It is divided into 670 subsidiaries worldwide. The largest shareholders are the Alfried Krupp von Bohlen un ...
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Transrapid
Transrapid () is a German-developed high-speed monorail train using magnetic levitation. Planning for the system started in the late 1960s, with a test facility in Emsland, Germany, inaugurated in 1983. In 1991, technical readiness for application was approved by the Deutsche Bundesbahn in cooperation with renowned universities. The last version, the 2007-built Transrapid 09, is designed for a cruising speed of and allows acceleration and deceleration of approximately . In 2002, the first commercial implementation was completed – the Shanghai Maglev Train, which connects the city of Shanghai's rapid transit network to Shanghai Pudong International Airport. The Transrapid system has not yet been deployed on a long-distance intercity line. The system was developed and marketed by Siemens and ThyssenKrupp, as well as other, mostly German companies. In 2006, a Transrapid train collided with a maintenance vehicle on the German test track, leading to 23 fata ...
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ThyssenKrupp Marine Systems
TKMS –officially branded as ThyssenKrupp Marine Systems until June 2025– is a group and holding company of providers of naval vessels, surface ships and submarines. It was founded when large industrial conglomerate ThyssenKrupp acquired Howaldtswerke-Deutsche Werft on January 5, 2005. Composition The group consists of: * Howaldtswerke-Deutsche Werft in Kiel, Germany * Meyer Wismar in Wismar, Germany * Atlas Elektronik in Bremen, Germany * Estaleiro Brasil Sul in Itajaí, Brazil * Hellenic Shipyards Co. in Skaramangas, Greece (25%) (until 2023) As of August 30, 2006, the group represented a sales volume of around €2.2 billion and had a workforce of 8,400 people. It is said that ThyssenKrupp wants to sell its Yards' Business in Emden, Kiel and Hamburg. On the 12th of April 2023, ThyssenKrupp sold its stake on Hellenic Shipyards to George Prokopiou. History The corporation opened a branch office in Karachi, Pakistan on 25 July 2007. By January 2009, it had beco ...
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Friedrich Krupp AG
Friedrich Krupp AG Hoesch-Krupp (formerly Fried. Krupp AG and Friedrich Krupp GmbH), trading as Krupp, was the largest company in Europe at the beginning of the 20th century as well as Germany's premier weapons manufacturer during both world wars. It produced battleships, U-boats, tanks, howitzers, guns, utilities, and hundreds of other commodities. The company also produced steel used to build railroads in the United States and to cap the Chrysler Building. After the Nazis seized power in Germany, Krupp supported the regime and was one of many German businesses that profited from slave labor during World War II. Upon the war's end, the head of the company, Alfried Krupp, was tried and convicted as a war criminal for employing prisoners of war, foreign civilians and concentration camp inmates under inhumane conditions in support of the Nazi war effort. Despite being sentenced to imprisonment for twelve years, he served just three and was pardoned (but not acquitted) by J ...
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Krupp
Friedrich Krupp AG Hoesch-Krupp (formerly Fried. Krupp AG and Friedrich Krupp GmbH), trade name, trading as Krupp, was the largest company in Europe at the beginning of the 20th century as well as Germany's premier weapons manufacturer during both world war, world wars. It produced battleship, battleships, U-boats, tanks, howitzers, guns, utilities, and hundreds of other commodities. The company also produced steel used to build railroads in the United States and to cap the Chrysler Building. After the Nazi Germany, Nazis seized power in Germany, Krupp supported the regime and was one of many German businesses that profited from forced labour under German rule during World War II, slave labor during World War II. Upon the war's end, the head of the company, Alfried Krupp, was tried and convicted as a war criminal for employing prisoners of war, foreign civilians and concentration camp inmates under inhumane conditions in support of the Nazi war effort. Despite being senten ...
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Thyssen AG
Thyssen was a major German steel producer founded by August Thyssen. The company merged with Friedrich Krupp AG Hoesch-Krupp to form ThyssenKrupp in 1999. History On 29 September 1891, August Thyssen and his brother Joseph Thyssen came to be in possession of all shares of ''Gewerkschaft Deutscher Kaiser'', a coal mining company. On 17 December 1891, the steelworks of the same company opened in Hamborn (today part of Duisburg). Subsequently, the plant was modernized and expanded by August Thyssen, becoming a vertically integrated company producing iron and steel and manufacturing ships, machines etc. After the First World War came the occupation of the Ruhr and the loss of many foreign interests; however the company remained viable. On 4 April 1926, August Thyssen died; his son, Fritz Thyssen became chairman of a new group '' Vereinigte Stahlwerke AG'' (United Steelworks) which was formed by a consortium of companies, with Thyssen representing 26% of the company's va ...
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Essen
Essen () is the central and, after Dortmund, second-largest city of the Ruhr, the largest urban area in Germany. Its population of makes it the fourth-largest city of North Rhine-Westphalia after Cologne, Düsseldorf and Dortmund, as well as the List of cities in Germany by population, tenth-largest city of Germany. Essen lies in the larger Rhine-Ruhr metropolitan region, List of EU metropolitan regions by GDP#2021 ranking of top 4 German metropolitan regions, second largest by GDP in the EU, and is part of the cultural area of Rhineland. Because of its central location in the Ruhr, Essen is often regarded as the Ruhr's "secret capital". Two rivers flow through the city: the Emscher in the north, and in the south the Ruhr (river), Ruhr River, which is dammed in Essen to form the and reservoirs. The central and northern boroughs of Essen historically belong to the Low German Westphalian dialects area, and the south of the city to the Low Franconian Bergish dialects, Bergish ar ...
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Alfried Krupp Von Bohlen Und Halbach Foundation
__NOTOC__ The Alfried Krupp von Bohlen und Halbach Foundation is a major German philanthropic non-profit Foundation under civil law. It was founded by Alfried Krupp von Bohlen und Halbach. With his death on 30 July 1967, his entire private fortune as well as the assets of the Krupp, Fried. Krupp AG were transferred to the Foundation he had founded, which took up business 1 January 1968. Berthold Beitz was the chairman of the Board of Trustees from 1 January 1968 until his death on 30 July 2013. Ursula Gather took over this position on 1 October 2013 to chairwoman the Board of Trustees to which she had been appointed in 2011. As the largest shareholder of today's ThyssenKrupp, Thyssenkrupp company, the Foundation exclusively uses its earnings it receives for charitable purposes and supports projects in the fields stated in the statute: science, culture and arts, education, health and sports. Since 1968, the Foundation has spent 696.2 million euros in these areas. At the end of 2023 ...
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List Of Steel Producers
This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association. The list ranks steelmakers by volume of steel production in millions of tons over time and includes all steelmakers with production over 10 million in 2021. The World Steel Association features a list from its members every year. Due to mergers, year-to-year figures for some producers are not comparable. Not all steel is the same. Some steel is more valuable than other steel, so the volume is not the same as turnover. Some of the world's leading steel producers include China Baowu Group and ArcelorMittal. Notable players from China are HBIS Group, Ansteel Group, and Shagang Group.In India, Tata Steel, JSW Steel, SAIL and Jindal Steel and Power are key players in the steel industry. Japan's Nippon Steel Corporation is renowned for quality. POSCO Holdings from South Korea is also a significant contributor. Steelmakers from multiple different countri ...
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Elevators
An elevator (American English) or lift (English in the Commonwealth of Nations, Commonwealth English) is a machine that vertically transports people or freight between levels. They are typically powered by electric motors that drive traction cables and counterweight systems such as a Hoist (device), hoist, although some pump hydraulic fluid to raise a cylindrical piston like a Hydraulic jack, jack. Elevators are used in agriculture and manufacturing to lift materials. There are various types, like chain and bucket elevators, grain augers, and hay elevators. Modern buildings often have elevators to ensure accessibility, especially where Inclined plane, ramps aren't feasible. High-speed elevators are common in skyscrapers. Some elevators can even move horizontally. History Pre-industrial era The earliest known reference to an elevator is in the works of the Roman architect Vitruvius, who reported that Archimedes ( – ) built his first elevator probably in 236 BC. Sources ...
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MDAX
The MDAX is a stock index which lists German companies trading on the Frankfurt Stock Exchange. The index is calculated by . It includes the 50 Prime Standard shares that rank in size immediately below the companies included in the DAX index. The company size is calculated based on a combination of order book volume and market capitalization. The index is based on prices generated in the electronic trading system Xetra. In 2021, in response to the Wirecard scandal, the number of constituents in the DAX was increased from 30 to 40, while the number of constituents in the MDAX was reduced from 60 to 50. Companies The following 50 companies make up the index as of the quarterly review effective on January 15, 2023. : Source: :de:MDAX. See also * DAX * SDAX The SDAX (German abbreviation for ''Small-Cap-deutsche Aktienindex'') is a stock market index composed of 70 small and medium-sized companies in Germany. These so-called 'Small cap company, small caps' rank direct ...
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Cevian Capital
Cevian Capital is a Swedish investment firm founded in 1996 by Christer Gardell and Lars Förberg, both of whom serve as managing partners. Backed by Carl Icahn, it is the largest activist investment firm in Europe. It has offices in Stockholm, Zürich, and London. Formerly called Amaranth, Cevian has invested in such companies as ABB, Danske Bank, ThyssenKrupp, Volvo, G4S, TeliaSonera, and Lindex, and played a major role in the sale of Skandia to Old Mutual. History Foundation and founders The company was founded in 1996 by Christer Gardell and Lars Förberg. Christer Gardell is co-founder and managing partner. Born in 1960, he graduated in business from the Stockholm School of Economics in 1984. After working as a management consultant at McKinsey & Company, he was CEO of AB Custos from 1996 to 2001. Also holding the title co-founder and managing partner is Lars Förberg, who also graduated from the Stockholm School of Economics. He worked with Gardell at AB Custos from 19 ...
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Friedrich Carl Krupp
Friedrich Carl Krupp (17 July 1787 – Essen, 8 October 1826) was a German steel manufacturer and founder of the Krupp family commercial empire that is now subsumed into ThyssenKrupp AG. Biography After the death of his father, he was brought up by his grandmother Helene Amalie Krupp, who had, in 1800, purchased the Sterkrade Works. Here Friedrich endeavored to make cast steel, the secret of which was carefully guarded in England. With Gottlob Jacobs, an engineer, Krupp made his first experiments at the Sterkrade Works, and after the sale of the plant in 1808 continued his attempts independently at Essen. In 1810 he founded a small forging plant near Essen, and in 1815 formed a partnership with Friedrich Nicolai for the production of cast steel, a product which was found excellent for certain purposes, such as mint dies, stamps for buttons, etc. Yet the demand was not sufficient to keep the works in operation, and soon after 1820 Krupp was obliged to give up his house to occ ...
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