Germany's most powerful union IG Metall on Wednesday said that compulsory layoffs would remain a last resort at conglomerate Thyssenkrupp , adding an agreement with management on the matter had been e
Thyssenkrupp's steel division head, Marie Jaroni, estimates a restructuring deal that will cut or outsource about 11,000 jobs will cost the company a three-digit million-euro amount, she told the Fran
German steel producer Thyssenkrupp said on Monday it would cut or outsource about 11,000 jobs and reduce steel production capacity to a shipping level of 8.7 to 9 million metric tonnes.
The appointment comes a few weeks after Thyssenkrupp Steel's parent company received an offer for the business from Jindal Steel.
The head of Thyssenkrupp's steel unit, Dennis Grimm, has decided to leave the division, two people familiar with the matter said on Tuesday.

Thyssenkrupp: Marine Systems IPO Is A Huge Success

02:30pm, Wednesday, 22'nd Oct 2025
thyssenkrupp AG recently spun off 49% of its defense-focused TKMS unit, which saw strong demand and price appreciation post-IPO. TKMS stands out within TKAMY for its robust order backlog, high order i
Germany's Thyssenkrupp will start giving India's Jindal Steel International more access to financial details of its Thyssenkrupp Steel Europe (TKSE) business from next week, two people familiar with t
TKMS shares started trading at 60 euros apiece, giving the business a market capitalization of $4.44 billion, but shot above that level, rising as high as 99.99 euros.
Warship maker TKMS has renegotiated terms of project guarantees it gets from parent Thyssenkrupp , according to a prospectus ahead of TKMS' separate listing, indicating tougher conditions as the busin
TKMS is to start trading on the German stock exchange on Oct. 20, concluding the spinoff of a minority stake of the company.
Thyssenkrupp is aiming for October 20 for the spin-off of its defence division TKMS, two people familiar with the matter said, in a deal that analysts say could value the warship builder at up to 2.7
TKMS, the defence division to be spun off by German conglomerate Thyssenkrupp , plans a payout ratio of 30 to 50% of net profit and wants to distribute its first dividend to shareholders in 2027, acco
Thyssenkrupp has received a non-binding bid for its steel unit from a division of Indian conglomerate Naveen Jindal Group, the German company said on Tuesday, the latest twist in the group's years-lon
Thyssenkrupp on Tuesday said it has received a non-binding bid for its steel division from India's Jinal Steel , without disclosing any further details.
thyssenkrupp AG (TYEKF) Q3 2025 Earnings Call Transcript
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