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  • General Facts & Figures

    Tata Steel in Europe
    Key production sites: Port Talbot, IJmuiden
    Revenue: approx. £6.5bn
    Employees: 21,000

    thyssenkrupp Steel Europe
    Key production site: Duisburg
    Revenue: £7.8bn
    Employees: 27,000

    thyssenkrupp Tata Steel (proposed)
    Key production sites: Unchanged
    Revenue (estimated): Over £14bn
    Employees: 48,000

    Frequently asked questions

    1. What is a joint venture?

    A joint venture, or JV, is a subsidiary established by two independent companies. Tata Steel and thyssenkrupp have reached a basic agreement to combine their European steel activities. The proposal is for a 50/50 joint venture.

    2. Who is thyssenkrupp?

    A major industrial group organised into five business areas, of which Steel Europe, a leading supplier of high-grade steel, is one. Steel Europe has about 27,000 employees and a head office in Duisburg, Germany.

    Track the intended joint venture’s journey.

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