Tag: Heinrich Hiesinger

thyssenkrupp AG appoints new CEO

The Supervisory Board of thyssenkrupp AG unanimously appointed Guido Kerkhoff (50) as Chairman of the Executive Board of thyssenkrupp AG.

ThyssenKrupp generates net profit after 3 years

newsitemFor the first time in three years, the Essen-based industrial and technology group ThyssenKrupp has generated a net profit.

ThyssenKrupp opens automotive supply plant in China

ThyssenKrupp CEO Dr Heinrich Hiesinger inaugurated a new plant for automotive components in Changzhou. At the new location for powertrain technology in the Jiangsu province cylinder-head covers for the Chinese automotive market are manufactured.

Thyssenkrupp severs stainless division

CEO of ThyssenKrupp, Heinrich Hiesinger, has announced that the company is splitting off its stainless division so that more of its sales fall to other divisions. As a result of the split, more than 35,000 workers will be let go. The main reason for splitting off the division comes as a result of overall debt, according to Hiesinger. The stainless steel division has been running at a loss over past few years with last year's turnover amounting to EUR 5.9 billion.