Thyssenkrupp
Thyssenkrupp is a prominent German multinational conglomerate involved in industrial engineering and steel production, known for being one of the largest steel manufacturers in the country. Recently, it made headlines by terminating its supply contract with the Hüttenwerke Krupp Mannesmann (HKM) steelworks in Duisburg, which could jeopardize the future of the facility and its 3,000 employees.
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Germany:
Thyssenkrupp's shareholders approved the spin-off of its shipbuilding subsidiary TKMS.
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Germany:
Thyssenkrupp has terminated its supply contract with HKM, impacting the steelworks significantly.
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