ThyssenKrupp Marine Systems of

Germany Germany, officially the Federal Republic of Germany (FRG),, is a country in Central Europe. It is the most populous member state of the European Union. Germany lies between the Baltic and North Sea to the north and the Alps to the sou ...

(often abbreviated TKMS) is a group and holding company of providers of naval vessels,

surface ship Surface combatants (or surface ships or surface vessels) are a subset of naval warships which are designed for warfare on the surface of the water, with their own weapons and armed forces. They are generally ships built to fight other ships, subma ...

s and submarines. It was founded when large industrial conglomerate

ThyssenKrupp ThyssenKrupp AG (, ; stylized as thyssenkrupp) is a German industrial engineering and steel production multinational conglomerate. It is the result of the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and ...

acquired

Howaldtswerke-Deutsche Werft Howaldtswerke-Deutsche Werft (often abbreviated HDW) is a German shipbuilding company, headquartered in Kiel. It is part of the ThyssenKrupp Marine Systems (TKMS) group, owned by ThyssenKrupp. The Howaldtswerke shipyard was founded in Kiel in 183 ...

on January 5, 2005.

Composition

The group consists of: *

Kiel Kiel () is the capital and most populous city in the northern German state of Schleswig-Holstein, with a population of 246,243 (2021). Kiel lies approximately north of Hamburg. Due to its geographic location in the southeast of the Jutland pe ...

Atlas Elektronik Atlas Elektronik is a naval/marine electronics and systems business based in Bremen, Germany. It is involved in the development of integrated sonar systems for submarines and heavyweight torpedoes. The company was a subsidiary of BAE Systems ...

Bremen Bremen (Low German also: ''Breem'' or ''Bräm''), officially the City Municipality of Bremen (german: Stadtgemeinde Bremen, ), is the capital of the Germany, German States of Germany, state Bremen (state), Free Hanseatic City of Bremen (''Freie H ...

, Germany *

Hellenic Shipyards Co. Hellenic Shipyards S.A. is a large shipyard in Skaramagas, in West Athens regional unit, Greece. History Commonly known as Skaramaga Shipyards (Greek: Ναυπηγεία Σκαραμαγκά), from the area where they are located, its origin ...

Skaramangas Skaramagas (also spelled Skaramangas; el, Σκαραμαγκάς) is a port town in the western part of the Athens agglomeration, Greece. It is part of the municipality of Haidari. It is known for its large shipyard. It took its name by the Chio ...

Greece Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders wit ...

(25%) 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.

Company history

The corporation opened a branch office in

Karachi Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former ...

Pakistan Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 24 ...

on 25 July 2007. By January 2009, it had become one of the biggest private shipbuilding companies in

. In 2017 the Israeli government made a deal with TKMS about 3 "Dakae-Class" submarines.

Benjamin Netanyahu Benjamin "Bibi" Netanyahu (; ; born 21 October 1949) is an Israeli politician who served as the ninth prime minister of Israel from 1996 to 1999 and again from 2009 to 2021. He is currently serving as Leader of the Opposition and Chairman of ...

is said to have enforced the submarine business against the will of the military and defense ministry. The government under incumbent Prime Minister

Naftali Bennet Naftali Bennett ( he, נַפְתָּלִי בֶּנֶט, Transliterated: , ; born 25 March 1972) is an Israeli politician who served as the 13th Prime Minister of Israel, prime minister of Israel from 13 June 2021 to 30 June 2022, and as the ...

is planning a committee of inquiry. Several parties involved in the business are being prosecuted for corruption.

References

External links

* {{DEFAULTSORT:Thyssenkrupp Marine Systems Shipbuilding companies of Germany Defence companies of Germany Manufacturing companies of Germany Military vehicle manufacturers Holding companies of Germany Holding companies established in 2005 Manufacturing companies established in 2005 Privately held companies of Germany Companies based in Kiel ThyssenKrupp