Overview
- The board will convert Thyssenkrupp into a pure financial holding and present its final restructuring plan to the supervisory board by the end of the fiscal year.
- Steel operations will become a joint venture with Czech investor Daniel Křetínský, leaving Thyssenkrupp with a minority share.
- A minority IPO of Marine Systems is scheduled for later in 2025 to establish it as an independent, capital-market–ready company.
- Materials Services, Automotive Technology and the Decarbon Technologies segment will be spun off as standalone businesses while Thyssenkrupp keeps majority stakes.
- Restructuring measures include cutting the central office from 500 to 100 roles and reducing about 1,000 administrative positions, sparking union protests and demands for job guarantees.