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Thyssen-Krupp
ThyssenKrupp AG (, ; stylized as thyssenkrupp) is a German industrial engineering and steel production multinational conglomerate. It is the result of the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and Essen. The company claims to be one of the world's largest steel producers, and it was ranked tenth-largest worldwide by revenue in 2015."The world's largest steel companies in 2015, based on revenue" ''Statista'' It is divided into 670 subsidiaries worldwide. The largest shareholders are |
Essen
Essen (; Latin: ''Assindia'') is the central and, after Dortmund, second-largest city of the Ruhr, the largest urban area in Germany. Its population of makes it the fourth-largest city of North Rhine-Westphalia after Cologne, Düsseldorf and Dortmund, as well as the ninth-largest city of Germany. Essen lies in the larger Rhine-Ruhr Metropolitan Region and is part of the cultural area of Rhineland. Because of its central location in the Ruhr, Essen is often regarded as the Ruhr's "secret capital". Two rivers flow through the city: in the north, the Emscher, the Ruhr area's central river, and in the south, the Ruhr River, which is dammed in Essen to form the Lake Baldeney (''Baldeneysee'') and Lake Kettwig (''Kettwiger See'') reservoirs. The central and northern boroughs of Essen historically belong to the Low German ( Westphalian) language area, and the south of the city to the Low Franconian ( Bergish) area (closely related to Dutch). Essen is seat to several of the region's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thyssen AG
Thyssen was a major German steel producer founded by August Thyssen. The company merged with Friedrich Krupp AG Hoesch-Krupp to form ThyssenKrupp in 1999. History On 29 September 1891, August Thyssen and his brother Joseph Thyssen came to be in possession of all shares of ''Gewerkschaft Deutscher Kaiser'', a coal mining company. On 17 December 1891, the steelworks of the same company opened in Hamborn (today part of Duisburg). Subsequently, the plant was modernized and expanded by August Thyssen, becoming a vertically integrated company producing iron and steel and manufacturing ships, machines etc. After the First World War came the occupation of the Ruhr and the loss of many foreign interests; however the company remained viable. On 4 April 1926, August Thyssen died; his son, Fritz Thyssen became chairman of a new group ''Vereinigte Stahlwerke AG'' (United Steelworks) which was formed by a consortium of companies, with Thyssen representing 26% of the company's value. In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Krupp
The Krupp family (see pronunciation), a prominent 400-year-old German dynasty from Essen, is notable for its production of steel, artillery, ammunition and other armaments. The family business, known as Friedrich Krupp AG (Friedrich Krupp AG Hoesch-Krupp after acquiring Hoesch AG in 1991 and lasting until 1999), was the largest company in Europe at the beginning of the 20th century, and was the premier weapons manufacturer for Germany in both world wars. Starting from the Thirty Years' War until the end of the Second World War, it produced battleships, U-boats, tanks, howitzers, guns, utilities, and hundreds of other commodities. The dynasty began in 1587 when trader Arndt Krupp moved to Essen and joined the merchants' guild. He bought and sold real estate, and became one of the city's richest men. His descendants produced small guns during the Thirty Years' War and eventually acquired fulling mills, coal mines and an iron forge. During the Napoleonic Wars, Friedrich Kr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transrapid
Transrapid is a German-developed high-speed monorail train using magnetic levitation. Planning for the Transrapid system started in 1969 with a test facility for the system in Emsland, Germany completed in 1987. In 1991, technical readiness for application was approved by the Deutsche Bundesbahn in cooperation with renowned universities. The last version, the Transrapid 09, is designed for a cruising speed of and allows acceleration and deceleration of approximately . In 2002, the first commercial implementation was completed – the Shanghai Maglev Train, which connects the city of Shanghai's rapid transit network to Shanghai Pudong International Airport. The Transrapid system has not yet been deployed on a long-distance intercity line. The system is developed and marketed by Transrapid International, a joint venture of Siemens and ThyssenKrupp. In 2011, the Emsland test track closed down when its operating license expired. In early 2012, demolition and recon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cevian Capital
Cevian Capital is a Swedish investment firm founded in 1996 by Christer Gardell and Lars Förberg, both of whom serve as managing partners. Backed by Carl Icahn, it is the largest activist investment firm in Europe. It has offices in Stockholm, Zurich, and London. Formerly called Amaranth, Cevian has invested in such companies as ABB, Danske Bank, ThyssenKrupp, Volvo , G4S, TeliaSonera, and Lindex, and played a major role in the sale of Skandia to Old Mutual.Butt, Rachel; Here are the 10 biggest activist money managers and some of their most impressive bets; Business Insider; June 17, 2016; http://nordic.businessinsider.com/top-10-biggest-activist-investors-2016-6?r=US&IR=T Founding Christer Gardell is co-founder and managing partner. Born in 1960, he graduated in business from the Stockholm School of Economics in 1984. After working as a management consultant at McKinsey & Company, he was CEO of AB Custos from 1996 to 2001.Levy, Rachel; This Swedish $13 billion activist hedge ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steel
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Steel Producers
This is a list of the largest steel-producing companies in the world mostly based on the list by the World Steel Association. This list ranks steelmakers by volume of steel production in millions of tonnes and includes all steelmakers with production over 10 million in 2021. The World Steel Association compiles a list from its members every year. Note that due to mergers, year-to-year figures for some producers are not comparable. Also note that not all steel is the same; some steel is more valuable than other steel, so volume is not the same as turnover. Top producers by volume Other top steel producers by volume * Acerinox, Spain * Aisha Steel Mills, Pakistan * Aichi Steel Corporation, Japan * Allegheny Technologies, United States * Altos Hornos de México, Mexico * Angang Steel Company Limited, China * Anyang Steel, China * Aperam, Luxembourg * Arrium, Australia * BlueScope, Australia * British Steel Ltd, United Kingdom * BSRM, Bangladesh * Byelorussian Steel Works, Bel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aktiengesellschaft
(; abbreviated AG, ) is a German word for a corporation limited by Share (finance), share ownership (i.e. one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (where it is equivalent to a ''S.A. (corporation), société anonyme'' or a ''società per azioni''), and South Tyrol for companies incorporated there. It is also used in Luxembourg (as lb, Aktiëgesellschaft, label=none, ), although the equivalent French language term ''S.A. (corporation), société anonyme'' is more common. In the United Kingdom, the equivalent term is public limited company, "PLC" and in the United States while the terms Incorporation (business), "incorporated" or "corporation" are typically used, technically the more precise equivalent term is "joint-stock company" (though note for the British term only a minority of public limited companies have their shares listed on stock exchanges). Meaning of the word The German w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elevators
An elevator or lift is a cable-assisted, hydraulic cylinder-assisted, or roller-track assisted machine that vertically transports people or freight between floors, levels, or decks of a building, vessel, or other structure. They are typically powered by electric motors that drive traction cables and counterweight systems such as a hoist, although some pump hydraulic fluid to raise a cylindrical piston like a jack. In agriculture and manufacturing, an elevator is any type of conveyor device used to lift materials in a continuous stream into bins or silos. Several types exist, such as the chain and bucket elevator, grain auger screw conveyor using the principle of Archimedes' screw, or the chain and paddles or forks of hay elevators. Languages other than English, such as Japanese, may refer to elevators by loanwords based on either ''elevator'' or ''lift''. Due to wheelchair access laws, elevators are often a legal requirement in new multistory buildings, especially w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alfried Krupp Von Bohlen Und Halbach Foundation
__NOTOC__ The Alfried Krupp von Bohlen und Halbach Foundation (german: Alfried Krupp von Bohlen und Halbach-Stiftung) is a major German philanthropic foundation, created by and named in honor of Alfried Krupp von Bohlen und Halbach, former owner and head of the Krupp company and a convicted war criminal. The Krupp company, officially known as Friedrich Krupp AG Hoesch-Krupp, was a major steelmaker and arms manufacturer that became a key supplier of weapons and materiel to the German government and the ''Wehrmacht'' during World War II. The "Krupp Law" (''Lex Krupp''), signed into law by Adolf Hitler in 1943, allowed Alfried Krupp to become sole proprietor of the company. The Krupp company instituted slave labor at its factories and by the end of World War II had forcibly employed as many as 100,000 individuals, including concentration camp inmates, foreign civilians and children. A Krupp munitions factory (Weichsel Union Metallwerke) was constructed near the Auschwitz death c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
