Before ThyssenKrupp’s boss can revamp the company, he must spin off its European steel business and quell calls by an investor for a more radical overhaul.
Reaping a profit from industrial products like elevators, auto components and plant engineering takes time the company may not have.
Despite ThyssenKrupp's success in 2017, an activist investor wants to break up the company to boost its share price. But the CEO believes integration is the only way forward, and the shareholders agree.
World's largest steel producer says it is now at full capacity at European plants.
Germany could lose up to 1,600 jobs in General Electric’s cost-saving measures. But France won’t lose any. Angry union leaders are asking why German workers are paying for the US company’s French deal.
The chairman of German conglomerate ThyssenKrupp says the company will not be split up.
German giant ThyssenKrupp wants to spin off its steel business. For metalworkers’ unions, the change is happening too fast. For investors, it’s not happening fast enough.
Farm equipment maker, Claas, has a new CEO and he wants customers to take to the cloud and digitalize, so that one day their combine harvesters can communicate wirelessly with their grain trucks.
The longtime head of SMS Group remains as combative as ever as he moves the specialist engineering firm into new product lines.
As staff at ThyssenKrupp resist a proposed marriage of its struggling steel division with India's Tata, activist investor group Cevian may prove an unlikely ally.