Our client: thyssenkrupp

Target Setup: thyssenkrupp as group of companies

thyssenkrupp is an international group of largely independent industrial and technology businesses. Over 104,000 employees in 60 countries work under a strong brand with passion and technology expertise on high-quality products and intelligent industrial processes and services for sustainable progress. Their qualifications and commitment are the basis for success. In fiscal year 2019/2020 thyssenkrupp achieved sales of €29 billion.

Behind thyssenkrupp lie over 200 years of industrial history. But a great past is not enough to meet the challenges of the future. That's why thyssenkrupp is thinking today about how we want to be tomorrow, what the world and our customers need.

And we do this in a wide range of different sectors and products: From steering systems and dampers in the automotive sector, bearings and crankshafts, marine and logistics services to chemical and cement plants, heavy plate and steel.

newtk - The realignment of thyssenkrupp

Since May 2019 thyssenkrupp has been working on a realignment of the company. The newtk strategy follows three principles: Performance first, flexible portfolio and efficient organization. The key factors here are the best possible positioning of the businesses and a leaner, faster, simpler and more flexible organizational setup for the company.

At the heart of the new strategy is the transformation of thyssenkrupp into a high-performance Group of Companies. On the one hand there will be businesses whose potential thyssenkrupp will develop alone or together with partners, and on the other hand businesses for which development paths outside the Group will be pursued as a priority.

Here you can find more information on the strategic realignment of thyssenkrupp.