Heinrich Hiesinger

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Type: Person
Name: Heinrich Hiesinger
First reported May 22 2013 - Updated May 22 2013 - 1 reports

ThyssenKrupp meets H1 operating targets

Germany’s ThyssenKrupp has issued an upbeat assessment of fiscal H1/2012-13 performance, despite its order intake falling 7% year-on-year to €19.3B.New orders in Materials Services, Steel Europe, Components Technology divisions were all down, while the ... [Published Bulk Materials International Online - May 22 2013]
First reported May 20 2013 - Updated May 20 2013 - 1 reports

ThyssenKrupp Woes Tarnish 99-Year-Old Steel Baron’s Legacy

For 60 years, the name of Berthold Beitz has been synonymous with Germany’s biggest steelmaker, ThyssenKrupp AG (TKA), at first for his role in rebuilding the former arms supplier and helping it break with its Nazi past.Now, as head of the foundation ... [Published BusinessWeek - May 20 2013]
First reported May 15 2013 - Updated May 16 2013 - 4 reports

ThyssenKrupp Can’t Rule Out Capital Increase After Writedown

May 15 (Bloomberg) -- ThyssenKrupp AG, Germany’s biggest steelmaker, said it can’t rule out the need to raise capital in the next nine months after a 683 million-euro ($880 million) writedown of its Steel Americas unit widened its quarterly loss.The net ... [Published La Repubblica - May 15 2013]
First reported May 15 2013 - Updated May 15 2013 - 1 reports

ThyssenKrupp slashes thousands more jobs

German industrial giant ThyssenKrupp has announced it will axe a third of its administrative jobs in a cost-cutting drive. The news came on the back of another loss-making quarter for the company.German heavy engineering and steel heavyweight ThyssenKrupp ... [Published Deutsche Welle - May 15 2013]
First reported May 15 2013 - Updated May 15 2013 - 1 reports

ThyssenKrupp axes 3,000 jobs amid widening losses

Frankfurt (dpa) - The German industrial giant ThyssenKrupp plans to slash 3,000 jobs worldwide after its losses widened during the first three months of the year following further writedowns on a series of bad steel investments.ThyssenKrupp‘s decision ... [Published Europe Online Magazine - May 15 2013]
First reported May 13 2013 - Updated May 13 2013 - 1 reports

Less steel, more savvy

While most steel companies seek to benefit from China's large-scale infrastructure construction projects, one company has decided to capitalize on the country's development by reducing its dependence on steelmaking."We are not a steel company," says Heinrich ... [Published Hellenic Shipping News Worldwide - May 13 2013]
First reported May 06 2013 - Updated May 07 2013 - 1 reports

DJ ThyssenKrupp to Sell Rail, Construction Operations

FRANKFURT--German steelmaker and industrial conglomerate ThyssenKrupp AG (TKA.XE) said Monday it intends to sell GfT Gleistechnik and GfT Bautechnik, its railway and construction businesses. ThyssenKrupp said in a statement that it intends to sell the ... [Published Individual.com - May 06 2013]
First reported Apr 29 2013 - Updated Apr 29 2013 - 1 reports

ThyssenKrupp opens new truck crankshaft factory in Nanjing, China

4 minutes ago, 9:30am (ET) 04/29/2013 DatamonitorThyssenKrupp AG, which is engaged in the manufacturing of automotive components, has opened a new truck crankshaft factory in the Chinese metropolis of Nanjing, China.The factory in China was built at a ... [Published Zecco - Apr 29 2013]
First reported Apr 22 2013 - Updated Apr 22 2013 - 1 reports

ThyssenKrupp opening a new truck crankshaft factory in Nanjing

ThyssenKrupp is now opening a new truck crankshaft factory in the Chinese metropolis of Nanjing. The integrated technology group is already a market leader in Europe, the NAFTA region and South America. The factory in China, built at a cost of roughly ... [Published Steel Guru - Apr 22 2013]
First reported Apr 20 2013 - Updated Apr 20 2013 - 1 reports

ThyssenKrupp a good example for China steel mills - Mr Hiesinger

China's steel makers that are suffering huge losses because of overcapacity may learn how to survive from the successful example of German company ThyssenKrupp AG.Mr Heinrich Hiesinger chairman of the ThyssenKrupp executive board, said a study from the ... [Published Steel Guru - Apr 20 2013]
First reported Apr 18 2013 - Updated Apr 18 2013 - 1 reports

ThyssenKrupp a good example for China steel mills

China's steel makers that are suffering huge losses because of overcapacity may learn how to survive from the successful example of German company ThyssenKrupp AG.Heinrich Hiesinger, chairman of the ThyssenKrupp executive board, said a study from the ... [Published CHINAdaily - Apr 18 2013]
First reported Apr 16 2013 - Updated Apr 16 2013 - 3 reports

ThyssenKrupp Offers Workers Amnesty to Resolve ...

By Jan HromadkoFRANKFURT--ThyssenKrupp AG (TKA.XE) said Tuesday it intends to boost its corporate compliance procedures by offering its employees a whistle-blower program after a string of recent corruption cases has rocked the German industrial cong ... [Published ADVFN UK - Apr 16 2013]

Quotes

Hiesinger pledged in December to rid ThyssenKrupp of "old structures and habits." The company displayed "an understanding of leadership, in which old boys’ networks and blind loyalty were more important than business success" Hiesinger said at the time
...The group said it will cut 3,000 of its 15,000 office jobs over three years to make its business structure more efficient. "despite a persistently difficult economic environment we are on track to meet our operating targets for the full year" Chief Executive Officer Heinrich Hiesinger said in a statement. Hiesinger added that the disposal of its Steel Americas unit was "running to plan...
"All the businesses we are running in China fit the local market well, but we are not satisfied with that," Hiesinger says. "we will keep expanding our businesses in china."

More Content

All (38) | News (36) | Reports (1) | Blogs (1) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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ThyssenKrupp meets H1 operating targets [Published Bulk Materials International Online - May 22 2013]
ThyssenKrupp Woes Tarnish 99-Year-Old Steel Bar... [Published BusinessWeek - May 20 2013]
ThyssenKrupp sales dip by 10pct in Jan-Mar quarter [Published Steel Guru - May 16 2013]
ThyssenKrupp's CEO Discusses F2Q2013 Results - ... [Published Seeking Alpha - May 15 2013]
ThyssenKrupp Can’t Rule Out Capital Increase Af... [Published La Repubblica - May 15 2013]
ThyssenKrupp ‘Cannot Exclude’ Capital Raising O... [Published Washington Post - May 15 2013]
ThyssenKrupp slashes thousands more jobs [Published Deutsche Welle - May 15 2013]
ThyssenKrupp axes 3,000 jobs amid widening losses [Published Europe Online Magazine - May 15 2013]
ThyssenKrupp beats estimates net one-time charge [Published BIBM Banca Mora - May 15 2013]
Hopes of Americas sale rise as Thyssen takes wr... [Published Sharenet - May 15 2013]
ThyssenKrupp to Cut 3,000 Jobs as Loss Widens o... [Published BusinessWeek - May 15 2013]
THYSSENKRUPP AG: ThyssenKrupp meets operating t... [Published 4 Traders - May 15 2013]
ThyssenKrupp Posts Deep Net Loss on Renewed Ste... [Published Global Finance Magazine - May 15 2013]
Less steel, more savvy [Published Hellenic Shipping News Worldwide - May 13 2013]
DJ ThyssenKrupp to Sell Rail, Construction Oper... [Published Individual.com - May 06 2013]
CSN Said to Lead Bids for ThyssenKrupp Steel Am... [Published Washington Post - May 03 2013]
CSN Said to Lead Bids for ThyssenKrupp Steel Am... [Published Washington Post - May 03 2013]
CSN Said to Lead Bids for ThyssenKrupp U.S., Br... [Published Washington Post - May 03 2013]
CSN Said to Be Leading Bidder for ThyssenKrupp ... [Published Bloomberg - May 02 2013]
ThyssenKrupp opens new truck crankshaft factory... [Published Zecco - Apr 29 2013]
ThyssenKrupp opening a new truck crankshaft fac... [Published Steel Guru - Apr 22 2013]
ThyssenKrupp a good example for China steel mil... [Published Steel Guru - Apr 20 2013]
China : ThyssenKrupp sets milestone in Nanjing ... [Published Equities.com - Apr 19 2013]
ThyssenKrupp sets milestone in Nanjing; New tru... [Published Equities.com - Apr 18 2013]
ThyssenKrupp sets milestone in Nanjing [Published Individual.com - Apr 18 2013]
THYSSENKRUPP AG: ThyssenKrupp sets milestone in... [Published 4 Traders - Apr 18 2013]
ThyssenKrupp a good example for China steel mills [Published CHINAdaily - Apr 18 2013]
ThyssenKrupp Nanjing Plant into Production on A... [Published Individual.com - Apr 17 2013]
ThyssenKrupp Offers Workers Amnesty to Resolve ... [Published ADVFN UK - Apr 16 2013]
ThyssenKrupp Offers Workers Amnesty to Resolve ... [Published Global Finance Magazine - Apr 16 2013]
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ThyssenKrupp Boss Pledges ‘Fresh Start’ But Que... [Published Corruption Currents - Dec 13 2012]
Patrik Stollarz/Agence France-Presse/Getty ImagesOn Tuesday, Chief Executive Heinrich Hiesinger pledged “a fresh start,” saying the dismissals will help the beleaguered company to “fundamentally change its leadership culture” in the wake of price-fixing ...
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