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Thyssenkrupp

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Reuters - 23 ore fa

Thyssenkrupp steel has commissioned two external reports about financial health

Thyssenkrupp steel has commissioned two external reports about financial health DUISBURG, Sept 16 (Reuters) - Thyssenkrupp TKAG.DE has commissioned two external reports to drill down on the steel business's short- and long-term financial health and needs, the division's executive board spokesman said on Monday. One of the reports will "provide important findings for the further planning and financing of the steel division, which will be incorporated into the decision-making process for the reali
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Reuters - 1 giorno fa

Thyssenkrupp must commit to $3.3 bln green steel project, Habeck says

UPDATE 3-Thyssenkrupp must commit to $3.3 bln green steel project, Habeck says Adds context, TKSE management board spokesperson in paragraphs 8-10 By Matthias Inverardi, Tom Käckenhoff and Christoph Steitz HERNE/DUISBURG/FRANKFURT, Sept 16 (Reuters) - Germany's Thyssenkrupp TKAG.DE must demonstrate its commitment to a planned 3 billion euro ($3.3 billion) green steel site, the country's Economy Minister Robert Habeck said on Monday, days after the company flagged the project's cost may increase
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Reuters - 1 giorno fa

Thyssenkrupp must renew commitment to $3.3 bln green steel project, Habeck says

Thyssenkrupp must renew commitment to $3.3 bln green steel project, Habeck says HERNE, Germany, Sept 16 (Reuters) - Germany's Thyssenkrupp TKAG.DE has to make a clear commitment to a planned 3 billion euro ($3.3 billion) green steel site, the country's Economy Minister Robert Habeck said only days after the company flagged the project may get more expensive.
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Reuters - 5 giorni fa

Thyssenkrupp's $3.3 bln green steel plant could get more expensive

UPDATE 1-Thyssenkrupp's $3.3 bln green steel plant could get more expensive Adds details from paragraph 2 DUESSELDORF, Sept 12 (Reuters) - Thyssenkrupp's TKAG.DE steel division on Thursday said a planned direct reduction site to produce carbon-free steel, which is so far expected to cost around 3 billion euros ($3.3 billion), could b e more expensive th a n previously thought .
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Reuters - 5 giorni fa

Thyssenkrupp's $3.3 bln green steel plant could get more expensive

Thyssenkrupp's $3.3 bln green steel plant could get more expensive DUESSELDORF, Sept 12 (Reuters) - Thyssenkrupp's TKAG.DE steel division on Thursday said that a planned direct reduction site to produce carbon-free steel, which is so far expected to cost around 3 billion euros ($3.3 billion), could get more expensive. The business division said tha
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Reuters - 6 giorni fa

IG Metall union sees no quick fix in Thyssenkrupp steel funding dispute

IG Metall union sees no quick fix in Thyssenkrupp steel funding dispute DUESSELDORF, Sept 11 (Reuters) - IG Metall, Germany's most powerful union, expects talks to drag on over how to properly fund Thyssenkrupp's TKAG.DE steel division once it is separated, one of its regional heads said, less than two weeks after the unit's leadership resigned. "Not this year," Knut Giesler, who heads IG Metall's branch in North Rhine-Westphalia, where Thyssenkrupp is based, told journalists when asked when cri
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Reuters - 2 settimane fa

VW factory threat stress-tests Germany's economic model

ANALYSIS-VW factory threat stress-tests Germany's economic model Industrial consensus key part of German model Volkswagen plant closure threat breaks taboos Ruling coalition struggling to agree policy By Maria Martinez and John O'Donnell BERLIN, Sept 6 (Reuters) - Having lost cheap energy from Russia and facing uncertainty over its once-lucrative trade ties with China, big German business is now facing a crunch point over a third ingredient in its long-time formula for success - consensual indus
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Reuters - 2 settimane fa

VW row flags Germany’s creaking corporate model

BREAKINGVIEWS-VW row flags Germany’s creaking corporate model The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Pierre Briancon BERLIN, Sept 5 (Reuters Breakingviews) - A company whose chief financial officer says it only has “one, maybe two” years to turn around its core brand must have done something wrong.
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Reuters - 2 settimane fa

European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Telia Sept 4 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest freight co
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Reuters - 2 settimane fa

Thyssenkrupp To Nominate Henne To Succeed Gabriel As Head Of Steel Supervisory Board - Newspaper

BRIEF-Thyssenkrupp To Nominate Henne To Succeed Gabriel As Head Of Steel Supervisory Board - Newspaper Sept 3 (Reuters) - Rheinische Post newspaper: THYSSENKRUPP AG TO NOMINATE ILSE HENNE TO SUCCEED SIGMAR GABRIEL AS HEAD OF STEEL SUPERVISORY BOARD Further company coverage: TKAG.DE Reporting by Berlin Newsroom
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Reuters - 2 settimane fa

From peace-maker to taboo-breaker, VW boss Blume takes on the unions

ANALYSIS-From peace-maker to taboo-breaker, VW boss Blume takes on the unions Company will look at possible plant closures in Germany Automaker battling failing competitiveness and investment needs Labour controls 50% of supervisory board, can block changes By Victoria Waldersee, Ilona Wissenbach and Christoph Steitz BERLIN/FRANKFURT, Sept 3 (Reuters) - Volkswagen boss Oliver Blume, already battling slowing demand for electric cars and Chinese rivals, must now put aside his mantle as team player
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Reuters - 2 settimane fa

Changes To STOXX 600 Index As Of Sept. 23

BRIEF-Changes To STOXX 600 Index As Of Sept. 23 Sept 2 (Reuters) - STOXX Ltd.: ANNOUNCED ON MONDAY NEW COMPOSITION OF THE STOXX EUROPE 600 INDEX COMPANIES ADDED TO THE INDEX: PUIG BRANDS B PUIGb.MC , BAVARIAN NORDIC BAVA.CO , SHAFTESBURY CAPITAL SHCS.L , CVC CAPITAL PARTNERS CVC.AS AND FINANCIERE DE TUBIZE TUB.BR COMPANIES DELETED FROM INDEX: FLUTTER ENTERTAINMENT FLTRF.L , UBISOFT ENTERTAINMENT UBIP.PA , THYSSENKRUPP TKAG.DE , FORVIA FRVIA.PA , INDIVIOR INDV.L CHANGES EFFECTIVE AS OF SEPT.
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Reuters - 2 settimane fa

German competition watchdog approves Thyssenkrupp JV for defence project

German competition watchdog approves Thyssenkrupp JV for defence project BERLIN, Sept 2 (Reuters) - The German Cartel Office has approved a joint venture between Thyssenkrupp's TKAG.DE warship unit Marine Systems (TKMS) and German peer NVL B.V. & Co for the German Navy's F127 armaments project, the regulator said on Monday. Writing by Friederike He
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Reuters - 3 settimane fa

European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Shell Aug 30 (Reuters) - Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some of the layoffs announced since the start of April: BANKS * TSB: The British bank owned by Spain's Sabadell SABE.MC is seeking 250 job cuts, its spokesperson and employee union said on May 8. INDUSTRIALS AND ENGINEERING * PKP CARGO PKPP.WA : Poland's largest freight co
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Reuters - 3 settimane fa

Thyssenkrupp works council says steel leadership crisis puts sale at risk

UPDATE 3-Thyssenkrupp works council says steel leadership crisis puts sale at risk Steel division loses CEO, chairman as crisis intensifies Workers request extraordinary supervisory board meeting Government says no plans to take stake in Thyssenkrupp Adds context, analyst and government comments in paragraphs 2, 7 and 13 By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF, Aug 30 (Reuters) - Thyssenkrupp's TKAG.DE planned sale of its steel business is at risk over uncertainty following
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Reuters - 3 settimane fa

German economy minister laments Thyssenkrupp's leadership chaos

German economy minister laments Thyssenkrupp's leadership chaos BERLIN, Aug 30 (Reuters) - The crisis at Germany's Thyssenkrupp TKAG.DE has become irreconcilable from all sides, Economy Minister Robert Habeck told the Rheinische Post newspaper, after top managers of the company's steel division decided to step down. "This is not a good situation", Habeck was quoted as saying on Friday.
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Reuters - 3 settimane fa

Thyssenkrupp shares fall after steel leadership exit

Thyssenkrupp shares fall after steel leadership exit FRANKFURT, Aug 30 (Reuters) - Shares in Thyssenkrupp TKAG.DE declined on Friday after the conglomerate's steel division unveiled the exit of both its chairman and CEO a day earlier, a response to a deepening conflict with its parent over future strategy. Shares in the company were down 1.8% at 0711 GMT.
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Reuters - 3 settimane fa

Financial Times - Aug 30

PRESS DIGEST- Financial Times - Aug 30 Aug 30 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Starmer warned he cannot sidestep Brussels in bid to reset UK-EU relations - Shell to cut 20% of workers in oil and gas exploration units - Elon Musk's X braced for ban in Brazil amid fight with judge - Thyssenkrupp Steel executives quit amid tension over Kretinsky approach Overview - Keir Sta
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Reuters - 3 settimane fa

Thyssenkrupp's crisis deepens as steel unit's leadership steps down

UPDATE 3-Thyssenkrupp's crisis deepens as steel unit's leadership steps down CEO, chairman of Thyssenkrupp steel unit step down Company mired in open conflict over steel unit's future Thyssenkrupp slides deeper into crisis Adds Thyssenkrupp comment in paragraph 10, Thyssenkrupp Supervisory Board Chairman in paragraphs 11-13 By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF, Aug 29 (Reuters) - The chairman and CEO of Thyssenkrupp's TKAG.DE steel division have decided to step down amid
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Reuters - 3 settimane fa

Thyssenkrupp steel leadership steps down as crisis intensifies

Thyssenkrupp steel leadership steps down as crisis intensifies FRANKFURT, Aug 29 (Reuters) - The chairman and chief executive of Thyssenkrupp's TKAG.DE steel division have decided to step down as a result of a deepening conflict with parent Thyssenkrupp over the future direction of the business, the steel division said on Thursday. Reporting by Chr
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