German group ThyssenKrupp, which specializes in steel production, capital goods and services, has announced that ThyssenKrupp Services AG is bundling its steel mill-related services under a new company by the name of ThyssenKrupp MillServices & Systems GmbH. The move is subject to approval by the German Federal Cartel Office.
ThyssenKrupp MillServices & Systems is an engineering services provider with a product portfolio embracing the entire value-adding chain, from slag management via in-plant logistics and materials handling to in-production support and maintenance, packaging and project business.
According to the press release, ThyssenKrupp MillServices & Systems provides for its customers an all-in single-source service concept from a supplier commanding longstanding experience and contributing innovative ideas in effective production cycle integration.
With the regard to the future, as ThyssenKrupp MillServices & Systems' CEO Jörg Stojan stated, the company intends to expand its business in Germany and Europe as well as in Brazil and North America.