December 11, 2019 / 11:02 AM / 3 months ago

Thyssenkrupp elevator boss says German sites need to be optimized

FILE PHOTO: The logo of Thyssenkrupp is seen near elevators in its headquarters in Essen, Germany, November 21, 2019. REUTERS/Leon Kuegeler/File Photo

FRANKFURT (Reuters) - The German factories operated by Thyssenkrupp’s elevator division need to be optimized, the unit’s chief executive said, adding talks with labor representatives have already started.

Peter Walker, speaking during a capital markets day, said there was significant savings potential at the unit’s site in Hamburg and that the factory in Neuhausen was not cost efficient enough.

Along with a factory in Middleton, United States, the two German sites are what Thyssenkrupp has labeled “focus cases” in presentation slides.

Reporting by Christoph Steitz; Editing by Tassilo Hummel

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below