66 percent of the large Indian corporation of which our joint venture partner Tata Steel Europe is a part belongs to humanitarian foundations supporting educational, developmental, and environmental protection projects. A code of conduct calls for a respectful corporate culture.
thyssenkrupp Steel and Tata Steel Europe want to combine their businesses as their response to the volatility of the steel market. Read on for more information on the markets, product networks, and business areas in which the new joint venture will operate as a strong partner.
For getting more information please click on the buttons inline the picture.
$100.4 billion: Group sales in 2016/2017.
70 + brands belong to the Tata Group, including classic car brands Jaguar and Land Rover.
695,000 employees work for the various Tata companies at locations in 100 countries.
100 subsidiaries in the energy, capital goods, telecommunication, IT, food and beverage, financial, real estate, and aviation industries belong to the Tata Group.
- Headquarter: Amsterdam
- Employees: 48,000
- Locations: 34
- Sales: 15 Billion €
- Shipping amount: 21 Million t/year
IndustriesThe two steel companies complement each other well. thyssenkrupp has a stronger presence in the automotive industry; Tata is stronger in the construction industry and boasts industrial customers. Their respective main sites supply customers in various economically strong regions, covering a broad swath of business in Europe.
HeadquartersThe holding company’s registered office will be in Amsterdam, the Netherlands – the geographical midpoint.
SalesThrough the tie-up, the two companies will bring an end to the downward spiral of constantly introducing new programs to cut costs. Combined sales are projected to be approx. €15 billion (based on sales in the previous 12 months).
ShipmentsThe companies aim to manufacture around 21 million metric tons of flat steel, which would position the joint venture as a strong new number two on the European steel market, setting quality and technology standards.
LocationsThe two companies have more than 30 locations in eight European countries, and they number among the highest-performing in Europe. Fully integrated plants in Great Britain, the Netherlands, and Germany perfectly position the joint venture for all possible consequences of Brexit.