ThyssenKrupp
- Company typePublic
- Founded1891
- HeadquartersEssen, Germany
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
ThyssenKrupp firmographics
Firmographics- Name
- ThyssenKrupp
- Legal name
- thyssenkrupp AG
- Website
- https://thyssenkrupp.com
- Company type
- Public
- Founded year
- 1891
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
Where ThyssenKrupp is headquartered
LocationHeadquarters
- HQ city
- Essen
- HQ country
- Germany
- HQ region
- Europe
Offices6 records
Markets served
ThyssenKrupp business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Steel Production: Production and sale of flat steel products including warmband, coated sheets, premium strip steel, tinplate, and electrical steel for automotive, machinery, energy, and construction sectors
- Automotive Components: Hightech components, systems, automation solutions, and forged components for vehicle manufacturing
- Marine Defense Systems: Conventional submarines, naval ships, unmanned systems, sensors, sonars, and maritime software solutions under TKMS brand
- Materials Services: Global materials trading and distribution services with 380 locations in 30+ countries serving manufacturing customers
- Decarbon Technologies: Large-scale industrial facilities for chemical industry decarbonization, cement/lime industry green technologies, and green hydrogen production through thyssenkrupp nucera
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise industrial contracts |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels8 records
ThyssenKrupp product offering
Product offeringCore offering
ThyssenKrupp is a diversified industrial conglomerate that manufactures and sells flat steel products, automotive components and mechatronic systems, naval defense vessels and submarines (TKMS), green hydrogen electrolyzers (nucera), chemical plant and cement/lime technologies (Uhde, Polysius), large slewing bearings for renewable energy (Rothe Erde), and global materials trading and supply chain services (tk accelis) to industrial and government customers worldwide.
Product overview
ThyssenKrupp is a diversified international industrial and technology conglomerate organized into five core segments: Automotive Technology (hightech components, systems, automation, and mechatronic solutions for vehicle manufacturing), Decarbon Technologies (spanning Rothe Erde for large bearings, Uhde for chemical plant engineering, Polysius for cement/lime solutions, and thyssenkrupp nucera for electrolysis/hydrogen technology), Materials Services operating as tk accelis (global materials trading and services), Steel Europe (Germany's largest steel producer of flat steel products), and Marine Systems operating as TKMS (naval defense systems including submarines, warships, sensors, and sonar). The company also develops enabling technologies such as ammonia cracking for the green transformation and operates AI-enhanced supply chain solutions.
Differentiator
Problem solved
Functional benefit
Brands
- tk accelis: Formerly thyssenkrupp Materials Services; a worldwide materials trader and service provider with ~380 locations in over 30 countries. Now being spun off for a Frankfurt Stock Exchange listing, valued at approximately €3.5 billion.
- TKMS (ThyssenKrupp Marine Systems)
- thyssenkrupp nucera
- Rothe Erde
- Uhde
- Polysius
- Krause Automation
Products and services
- Flat Steel Products (Steel Europe) High-quality flat steel including hot-rolled band, fine sheet, premium plate, surface-coated products, tinplate, and electrical steel in conventional and CO2-reduced (bluemint) variants for automotive, machinery, energy, and construction sectors.
- Automotive Components and Mechatronic Systems Hightech components, systems, automation solutions, chassis technology, steering systems (including steer-by-wire), and forged components for vehicle manufacturers and construction machinery OEMs.
- Naval Defense Systems (TKMS) Conventional submarines, naval surface vessels including Meko A-200 frigates, unmanned underwater systems, sensors, sonar systems, effectors, maritime command software, and maritime defense solutions manufactured at shipyards in Kiel, Wismar (Germany), and Itajaí (Brazil).
- Materials Trading and Services (tk accelis) Global materials trading and services offering metals, materials, processing, supply chain management, and logistics across approximately 380 locations in over 30 countries, serving approximately 250,000 customers in aerospace, infrastructure, automotive, machinery, and data center sectors.
- Green Hydrogen Electrolyzers (thyssenkrupp nucera) Industrial-scale electrolysis technology for green hydrogen production, including large-scale electrolyzer systems for chemical, steel, and energy industries pursuing decarbonization.
- Chemical Plant Engineering (Uhde) Technology and implementation services for large-scale chemical industry plants, offering solutions for decarbonization, defossilization, and circular economy including fertilizer and ammonia production technologies.
- Cement and Lime Technologies (Polysius) Green technologies for the cement and lime industry, including carbon capture solutions, digital automation solutions, and on-site and remote maintenance services.
- Large Slewing Bearings (Rothe Erde) Leading provider of large slewing bearings for renewable energy applications including wind turbines, solar, and tidal power installations.
Quantifiable outcome
- TKMS stocks surged 14% on news of new €11.6 billion German frigate orders
- +3 more outcomes
Companies that use ThyssenKrupp
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles5 records
ThyssenKrupp technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
ThyssenKrupp partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, minor and major.
- German Government (for Naval Defense)core€11.6 billion contract for eight Meko A-200 frigates, replacing original €18+ billion F126 program with ThyssenKrupp Marine Systems
- TuTr HyperloopminorPartnership at Bharat Innovates 2026 for Hyperloop transportation technology development between Indian deep-tech startup and thyssenkrupp
- Mazagon Dock Shipbuilders (India)majorStrategic submarine co-production agreement under India's Make in India initiative for naval defense cooperation
- VEM Technologies (India)majorPartnership for heavyweight torpedo production under Make in India initiative between VEM Technologies and TKMS
- Israel Aerospace Industries (IAI)majorCo-development of BlueWhale autonomous underwater vehicle with Atlas Elektronik (ThyssenKrupp subsidiary) providing towed array sonar for German Navy
- HenkelminorSustainable packaging collaboration using bluemint steel achieving 62% CO2 reduction, developed with thyssenkrupp Rasselstein and Pirlo
- European Resilience Alliance for Clean HydrogenmajorCEO-led initiative including founding members Hydrogen Europe, RWE, SEFE, and ThyssenKrupp to address Europe's energy challenges and boost industrial competitiveness
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
ThyssenKrupp competitors and assessment
Company assessmentDirect peers
- Robert Bosch GmbH: Largest German automotive supplier and direct competitor to ThyssenKrupp's Automotive Technology segment in steering, chassis, and mechatronic components for global OEMs.
- ArcelorMittal SA: World's largest steel producer and direct competitor to ThyssenKrupp Steel Europe in flat steel for automotive, construction, and industrial customers, with parallel decarbonization initiatives.
- Voestalpine AG: Austrian steel and automotive components producer with overlapping flat steel and automotive technology businesses serving European OEMs, also pursuing green steel transition.
- Naval Group: French state-owned naval defense company and primary European competitor to TKMS in submarines and surface combatants, competing for NATO and allied navy contracts.
- SSAB AB: Swedish steel producer pursuing hydrogen-based direct reduction steelmaking (HYBRIT) alongside ThyssenKrupp; closest competitor in the low-carbon steel transition.
Broad incumbents
- BASF SE: Germany's largest chemical company and a peer in industrial decarbonization; Uhde chemical plant engineering competes for similar industrial decarbonization capital projects, and both face energy-cost and regulatory pressures in Germany.
- Siemens AG: German industrial conglomerate of comparable scale with overlapping activities in industrial automation, digital industries, and decarbonization; both serve global enterprise customers across manufacturing, energy, and infrastructure.
Others
- Kone Oyj: Finnish elevator company acquiring TK Elevator from Advent/Cinven for €29.4B, giving thyssenkrupp a 16.2% stake; represents the strategic counterparty in the elevator technology divestiture.
Emerging players
- Hensoldt AG: German defense electronics company with sensor and sonar capabilities complementary to TKMS naval systems; both are German defense players benefiting from European rearmament.
- Nel ASA: Norwegian electrolyzer manufacturer competing directly with thyssenkrupp nucera in industrial-scale green hydrogen production technology.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
ThyssenKrupp social profiles
Digital presenceThyssenKrupp financial estimates
Financial estimateRevenue estimate
Valuation estimate
ThyssenKrupp leadership team
Management profileNumber of profiles
Profiles5 records
ThyssenKrupp subsidiaries and ownership
Company hierarchySubsidiaries9 records
ThyssenKrupp funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ThyssenKrupp M&A and investment
M&A and investmentM&A5 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ThyssenKrupp
What does ThyssenKrupp do?
ThyssenKrupp is a diversified industrial conglomerate that manufactures and sells flat steel products, automotive components and mechatronic systems, naval defense vessels and submarines (TKMS), green hydrogen electrolyzers (nucera), chemical plant and cement/lime technologies (Uhde, Polysius), large slewing bearings for renewable energy (Rothe Erde), and global materials trading and supply chain services (tk accelis) to industrial and government customers worldwide.
Is ThyssenKrupp a public or private company?
ThyssenKrupp is a public company. It is classified as public and is currently operating.
When was ThyssenKrupp founded?
ThyssenKrupp was founded in 1891. It employs 5,001 to 10,000 people.
Where is ThyssenKrupp based?
ThyssenKrupp is headquartered in Essen, Germany, in the Europe region.
How does ThyssenKrupp make money?
Five revenue lines are on record. Steel Production is the primary driver. The others are automotive Components, marine Defense Systems, materials Services and decarbon Technologies.
Who are ThyssenKrupp's main competitors?
Direct peers on record are Robert Bosch GmbH, ArcelorMittal SA, Voestalpine AG, Naval Group and SSAB AB. Broad incumbents are BASF SE and Siemens AG. Kone Oyj is listed as an others. Emerging players are Hensoldt AG and Nel ASA.
Does ThyssenKrupp have an API?
No public API is recorded for ThyssenKrupp.