Plus   Neg

FT: ThyssenKrupp Steps Up Efforts To Sell Industrial Solutions Unit

According to a report published in Financial Times newspaper, ThyssenKrupp AG (TYEKF.PK) has stepped up its efforts to sell the company's Industrial Solutions business. The state - owned companies from China are among those interested in buying the unit, the report stated.

The company's business operations are organized in five business areas, which include: Automotive Technology; Elevator Technology; Industrial Solutions; Materials Services; and Steel Europe. At the company's Capital Markets Day 2019, thyssenkrupp stated that it is working on all options for elevator business.

The Industrial Solutions business at thyssenkrupp is a partner for the engineering, construction, and service of industrial plants and systems. In addition to chemical, coke, refinery, cement, and other industrial plants, the portfolio includes mining, and ore processing and port handling equipment, along with corresponding services.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Walt Disney Co.'s (DIS) streaming service Disney+ will be launched on March 24 in the UK and other markets in the Western Europe, one week earlier than originally planned on March 31. Pricing also been confirmed at 5.99 pounds/6.99 euros per month or 59.99 pounds/69.99 euros for an annual subscription.... Facebook plans to add 1,000 new jobs in the UK this year, with more than half of this focused on technology. The new jobs come ahead of Facebook's planned opening of its new office premises in King's Cross, London next year. It will take the social media giant's total employee count in the UK to more than 4,000 by the end of this year. E-commerce giant Amazon is planning to add 10,000 electric vehicles or EVs to its delivery fleet in India by 2025, as part of its efforts to combat the severe climate change. These vehicles are in addition to Amazon's plan of adding 100,000 electric vehicles in its global delivery fleet by 2030, as per the Climate Pledge, which it co-founded and signed in September 2019.
Follow RTT