Contact Details
71 Nanyuki Road, Sunninghill, 2191
http://www.thyssenkrupp-industrial-solutions.co.za   |   2711 236 1000   |   Fax: 2711 236 1235   |   info.tkissa@thyssenkrupp.com
Press Office Home Profile Official Website Visit Engineering News

thyssenKrupp News

Thyssenkrupp considered breakup before plumping for Tata JV

20th September 2017 German industrial group Thyssenkrupp considered options including a breakup of the company before deciding to pursue a European steel joint venture with Tata Steel, it said on Wednesday. "Before deciding on a joint venture the Thyssenkrupp executive board examined and worked out all the available... 

Thyssenkrupp works council softens opposition to Tata Steel deal

19th September 2017 Thyssenkrupp's works council is prepared to consider a merger of the group's European steel operations with those of Tata Steel, even though it remains opposed to such a move as a way to restructure the business. "Negotiations will be difficult," Wilhelm Segerath, head of Thyssenkrupp's works... 

Shareholders urge Thyssenkrupp to get on with Tata Steel deal

8th September 2017 Thyssenkrupp shareholders are urging the group to clinch a deal with Tata Steel to merge their European steel businesses this year, warning failure to do so would be a blow to its credibility. Talks between the two firms over a potential combination have been dragging on for a year and a half,... 

‘Exceptional’ rare earth grades confirmed at Burundi prospect

10th August 2017 Independent laboratory testing recently undertaken at the Gasagwe prospect at LSE-listed Rainbow Rare Earths’ Gakara project, in Burundi, has returned an average total rare earth oxide (TREO) grade of 62.17%. This grade compares favourably with the average grade of 57% contained within... 
More News

Latest News by Engineering News

Remgro acquires Unilever’s spreads business in Southern Africa

Investment company Remgro will sell its 25.75% interest in Unilever South Africa to the Unilever group, in exchange for full ownership of the Unilever spreads business in Southern Africa and R4.9-billion in cash. The full value of the transaction is R11.9-billion, with the spreads business valued... 

Jarana to start as SAA CEO on November 1

South African Airways (SAA) announced that its new CEO Vuyani Jarana will take up his position on November 1.   “The decision follows the conclusion of negotiations with his current employer [Vodacom] on his release date,” said SAA spokesperson Tlali Tlali.   Jarana's appointment is intended to... 
More Latest News