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Latest Articles in thyssenkrupp

Tata Steel Workers Lose Faith In Thyssenkrupp Deal: Works Council

The works council said Chandrasekaran told them Tata hopes to gain their support during a consultation period, but they told him that might not be possible due to the seriousness of the workers' reservations.

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Tata Steel Says Supports Logic Of Joint Venture With Thyssenkrupp

"We continue to engage in a constructive dialogue with the European Commission and believe our proposals address their concerns, and still very much support the industrial logic of the joint venture"

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Thyssenkrupp-Tata Steel Remedies Won't Impact JV Synergies

The joint venture, which was signed last year but still needs to be approved by the European Commission, targets 400 million to 500 million euros ($448-$560 million) in annual synergies

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Thyssenkrupp Says Cannot Compare Tata JV With Siemens/Alstom

The European Commission is expected to send a charge sheet known as a statement of objections to Thyssenkrupp this week

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Thyssenkrupp, Tata Steel Set To Get EU Warning On Steel JV

The joint venture, announced in June last year, is the biggest shake-up in Europe's steel industry in more than a decade

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Tata Steel To Continue Talks With EU For Thyssenkrupp Joint Venture

Thyssenkrupp and Tata Steel earlier this year unveiled plans to combine their steel activities in Germany, the Netherlands and Britain to become the continent's second-largest steelmaker after ArcelorMittal

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Thyssenkrupp Leadership Vacuum Revives Restructuring Hopes

Ulrich Lehner resigned on Monday saying he was no longer able to safeguard the interests of employees and shareholders, deepening a leadership crisis after Chief Executive Heinrich Hiesinger resigned earlier this month

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Thyssenkrupp Advisory Board Chief Quits After Tata Deal

Lehner told German press last week that activist shareholders had inflicted "psychological terrorism" on Hiesinger

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Thyssenkrupp CEO Steps Down Days After Tata Steel Merger

In a move that came as a surprise, the company announced that Heinrich Hiesinger has asked the Supervisory Board of the company to end his mandate as Chief Executive Officer of Thyssenkrupp AG "in mutual agreement"

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Tata Steel's Joint Venture With Thyssenkrupp Hits Delay

Representatives from the Tata Steel Europe European Works Council (EWC), formed to address issues of transnational interest that significantly affect the Indian steel company's employees in Europe

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Thyssenkrupp Chairman Rejects Investor Call For Breakup: Handelsblatt

It has struck a deal to combine its European steel businesses with that of India's Tata Steel next year and is facing pressure over the planned merger from its labour unions

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Thyssenkrupp To Set Up Working Group With Unions Over Tata Steel Merger

The meeting was held after Thyssenkrupp top management's move this week to sign a memorandum of understanding with Tata Steel for a 50-50 joint venture

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'Thyssenkrupp Deal To Help Tata Steel Double Capacity'

Tata Steel India is in a strong position to grow faster and set to double its capacity through organic or inorganic route, post deal with Thyssenkrupp

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Thyssenkrupp Considered Breakup Before Plumping For Tata JV

Before deciding on a joint venture the Thyssenkrupp executive board examined and worked out all the available options: A tie-up with a German partner, a spin-off, an IPO, the sale of the steel business and even a break-up of the entire company

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Tata Steel Signs 50:50 Joint Venture With Thyssenkrupp

The proposed 50:50 joint venture – thyssenkrupp Tata Steel, would have a pro forma turnover of about Rs 115,000 crore per annum and currently employs about 48,000 people spread across various locations

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