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Public (, )
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1999
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Essen, Germany & Duisburg , Germany
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Dr Ekkehard D Schulz , Chairman of the Executive Board<br>Dr Gerhard Cromme , Chairman of the Supervisory Board
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183,729 ( 2005 )
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Steel, stainless products ( Nirosta ), automotive technologies, elevator systems, marine systems, ship-building, services
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$48489 billion USD ( 2004 )
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is a very large
German Industrial Conglomerate , with about 184,000 employees. The corporation consists of 670 single companies worldwide. It mainly operates in the
Steel industry, but also has interests in
Automotives ,
Elevators ,
Ship-building and marines services. The company is the result of the
1999 Merger of
Thyssen AG and
Krupp . It is registered in
Essen and
Duisburg (both Germany). As of
2005 23,58% of the company shares are held by the
Alfried Krupp Von Bohlen Und Halbach Foundation.
In 2005 ThyssenKrupp acquired
Howaldtswerke Deutsche Werft AG in
Kiel from
One Equity Partners . ThyssenKrupp Marine Systems (TKMS) is now the most important European group of
Shipbuilder s. In addition to Howaldtswerke,
Blohm + Voss in
Hamburg as well as
Nordseewerke at
Emden are also subsidiaries of ThyssenKrupp Marine Systems. One Equity Partners holds 25% of the TKMS shares.
In December 2005 ThyssenKrupp acquired 60% of
Atlas Elektronik from
BAE Systems , with
EADS acquiring the remaining 40%.
