Thyssenkrupp AG Sponsored ADR (TKAMY)
Summary
Thyssenkrupp to Close U.S. Plant as Part of Automotive Restructuring
Thyssenkrupp will close a U.S. plant as it pushes ahead with the restructuring of its automotive technology unit.
thyssenkrupp AG (TKAMY) Q2 2026 Earnings Call Transcript
thyssenkrupp AG (TKAMY) Q2 2026 Earnings Call Transcript
Flacks Group is 'ready to bid' for Thyssenkrupp's steel unit should current sale efforts fail
U.S. investment fund Flacks Group would be "ready to bid" for the steel division of Germany's Thyssenkrupp should current efforts to sell it fail, its Chief Executive Michael Flacks told Reuters on Thursday.
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Thyssenkrupp AG Sponsored ADR Profile
| Metals & Mining Industry | Materials Sector | Miguel Angel Lopez Borrego CEO | OTC PINK Exchange | 88629Q207 CUSIP |
| DE Country | 97,360 Employees | 3 Feb 2026 Last Dividend | - Last Split | - IPO Date |
Overview
thyssenkrupp AG is a leading industrial and technology company with a global presence, headquartered in Essen, Germany. Founded in 1811, the company has diversified its operations into five main segments: Automotive Technology, Decarbon Technologies, Materials Services, Steel Europe, and Marine Systems. These segments encompass a wide range of products and solutions, from automotive components and decarbonization technologies to materials services and advanced marine systems. thyssenkrupp AG's focus on innovation and sustainability has made it a key player in several industries, including automotive, materials, and marine systems, serving customers across the globe.
Products and Services
thyssenkrupp AG offers a vast array of products and services across its five business segments:
- Automotive Technology: This segment delivers a comprehensive range of components, systems, and automation solutions targeted at vehicle manufacturing. Products include axle assembly, camshafts and electric engine components, dampers, dies, springs and stabilizers, crankshafts and conrods, steering systems, and undercarriages.
- Decarbon Technologies: Focused on the future of energy and materials, this area offers slewing bearings and rings, solutions for green ammonia and methanol productions, chemical and cement plants, high pressure processing, refinery services, and pioneering green hydrogen technologies.
- Marine Systems: Specializing in naval defense and maritime innovations, this segment produces submarines and naval surface vessels, along with offering comprehensive naval services.
- Material Services: A broad range of services and products, including 3D-printing/additive manufacturing, infrastructure project services, logistical solutions, and the distribution of metals, plastics, specialty ores, and stainless steel, catering to various industrial requirements.
- Steel Europe: This segment is dedicated to manufacturing high-quality steel products such as composite materials, electrical steel, hot strips, organic coated strips and sheets, packaging steel, precision steel strip, and sheet and coated products for diverse applications.
