The company anticipates a sales decline between 7% and 5% in FY24/25 compared to the previous guidance of 3% to 0%.

German industrial group Thyssenkrupp has turned more pessimistic about the current financial year, citing falling demand and lower prices across key markets. "We are very much feeling the weak market ...

The German government has approved the export of a new submarine to Israel, mere days after announcing a partial suspension of arms shipments to the ...

Economic Ministry spokesman would not comment on specific case but says decisions for such arms exports generally made based ...

There are three major reasons why the upgraded Mogami-class frigate was selected, in a major milestone for Japan’s defense ...

TKMS is planned to list on the Prime Standard segment of the Frankfurt Stock Exchange within this calendar year.

The shareholders of Thyssenkrupp AG at its Extraordinary General Meeting held on August 8th, approved the spin-off of its marine business, TKMS. Thyssenkrupp says that this decision lays the ...

At an extraordinary general meeting, thyssenkrupp AG shareholders approved the spin-off of the Group’s marine business, now ...

Germany's largest naval shipbuilder, Thyssenkrupp Marine Systems (TKMS), is set to become an independent company after ...

Thyssenkrupp shareholders on Friday approved a planned spin-off of its defence division, the conglomerate's latest ...

Thyssenkrupp said it expects its naval division TKMS to start trading on the Frankfurt Stock Exchange in mid-October. The German industrial group's shareholders will receive one Thyssenkrupp Marine ...