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TK Chief Says Elevator Division Not For Sale
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Content provided by Elevator World. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Elevator World or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Welcome to the Elevator World News Podcast. This week’s news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com TK CHIEF SAYS ELEVATOR DIVISION NOT FOR SALE thyssenkrupp CEO Guido Kerkhoff told a German newspaper that the company has no plans to sell its elevator business, according to a Reuters report posted on Euronews.com. Kerkhoff, speaking to the Rheinische Post, said a plan to split the company into two separate divisions should boost its equity and capital base. thyssenkrupp is currently preparing to spin off its elevators, car-parts and plant-engineering divisions into a separately listed entity, thyssenkrupp Industrials, while its remaining businesses — materials trading, shipbuilding, forging and a stake in a joint venture with India's Tata Steel — will be renamed thyssenkrupp Materials. Kerkhoff said the elevator division, thyssenkrupp's most profitable, would undergo deep restructuring of its Americas business, which would “include personnel changes at the leadership level there," Kerkhoff said. Image credit: thyssenkrupp To read the full transcript of today's podcast, visit: elevatorworld.com/news Subscribe to the Podcast: iTunes?Google Play|SoundCloud?Stitcher?TuneIn TK Chief Says Elevator Division Not For Sale
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1503 episodes
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Manage episode 226361526 series 1080263
Content provided by Elevator World. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Elevator World or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Welcome to the Elevator World News Podcast. This week’s news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com TK CHIEF SAYS ELEVATOR DIVISION NOT FOR SALE thyssenkrupp CEO Guido Kerkhoff told a German newspaper that the company has no plans to sell its elevator business, according to a Reuters report posted on Euronews.com. Kerkhoff, speaking to the Rheinische Post, said a plan to split the company into two separate divisions should boost its equity and capital base. thyssenkrupp is currently preparing to spin off its elevators, car-parts and plant-engineering divisions into a separately listed entity, thyssenkrupp Industrials, while its remaining businesses — materials trading, shipbuilding, forging and a stake in a joint venture with India's Tata Steel — will be renamed thyssenkrupp Materials. Kerkhoff said the elevator division, thyssenkrupp's most profitable, would undergo deep restructuring of its Americas business, which would “include personnel changes at the leadership level there," Kerkhoff said. Image credit: thyssenkrupp To read the full transcript of today's podcast, visit: elevatorworld.com/news Subscribe to the Podcast: iTunes?Google Play|SoundCloud?Stitcher?TuneIn TK Chief Says Elevator Division Not For Sale
…
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