Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Xetra  >  ThyssenKrupp AG    TKA   DE0007500001

Delayed Quote. Delayed  - 07/27 05:35:13 pm
19.895 EUR   +0.35%
07/27 THYSSENKRUPP : Steel service center in El Puig, Spain, now wholly ow..
07/24 THYSSENKRUPP : Panama Canal enlists waterproof Thyssenkrupp lifts
07/24 THYSSENKRUPP : The shaft gear reducers Thyssenkrupp
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

German Cartel Office Issues First Fines in Rail Cartel Probe

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/05/2012 | 11:13am CEST

By Monica Houston-Waesch

Germany's cartel office Thursday issued fines totaling 124.5 million euros ($156.5 million) to companies in a rail cartel probe.

The fines relate to the initial part of the investigation into whether manufacturers made cartel agreements on the supply of rail to Germany's Deutsche Bahn, to the disadvantage of the railway company. The fines aren't legally binding and may be appealed.

ThyssenKrupp AG (>> ThyssenKrupp AG) unit ThyssenKrupp GfT Gleistechnik GmbH was fined EUR103 million, Vossloh AG unit Stahlberg Roensch GmbH was fined EUR13 million, and two units of Austrian steelmaker voestalpline AG (VOE.VI) were fined a total of EUR8.5 million.

"This case shows anew that public tenders require strong scrutiny," the office said in a statement.

In a statement, voestalpine said its fine would have been several times higher without its prompt cooperation in the probe.

ThyssenKrupp said it would accept the fine to settle this part of the case, and that investigations are still underway regarding two other product areas. The company has made a provision of EUR30 million for the remainder of the probe, it said in a statement.

The cartel office said it would expand the investigation to other areas, including the supply of rail to regional and local railways.

Write to Monica Houston-Waesch at nikki.houston@dowjones.com

Stocks mentioned in the article : ThyssenKrupp AG
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on THYSSENKRUPP AG
07/27 THYSSENKRUPP : Steel service center in El Puig, Spain, now wholly owned by thyss..
07/24 THYSSENKRUPP : Panama Canal enlists waterproof Thyssenkrupp lifts
07/24 THYSSENKRUPP : The shaft gear reducers Thyssenkrupp
07/21 THYSSENKRUPP : expertise contributes to the Panama Canal Expansion project &ndas..
07/18DJThyssenkrupp proposes a hyperloop for tall buildings
07/18 THYSSENKRUPP : Rotek Upgrades Ring Mill Capabilities in Midsize Diameter Range
07/14 TATA STEEL : in talks over a possible joint venture
07/13 THYSSENKRUPP : Michael Höllermann and Johan P. Cnossen appointed to board of Ind..
07/13 THYSSENKRUPP : wins Riyadh Metro deal
07/11 TATA STEEL : refuses to guarantee future of Port Talbot plant
More news
Sector news : Steel - NEC
02:01a BHP Billiton adds to red ink for 2016 with $1 bln-plus Brazil charge
07/27DJBHP Billiton Flags US$1.1 Billion-US$1.3 Billion Provision Over Samarco Disas..
07/27 TATA STEEL : Excalibur says still keen to buy Tata's UK steel business
07/27DJFORTESCUE METALS : Expects to Achieve Key Balance Sheet Goal in 6-9 Months, CFO ..
07/27DJFORTESCUE METALS : Output Costs Fall Further, Nears Balance Sheet Goals
More sector news : Steel - NEC
News from SeekingAlpha
07/11 ThyssenKrupp in talks with Tata Steel about European steel plants
07/01 LATIN AMERICA'S MORNING ESPRESSO : July 1
06/29 Should You Buy ThyssenKrupp Now?
06/02 ThyssenKrupp Elevators And KONE Could Merge In The Near Future
05/10 Thyssenkrupp (TYEKF) Q2 2016 Results - Earnings Call Transcript
Advertisement
Financials (€)
Sales 2016 40 693 M
EBIT 2016 1 496 M
Net income 2016 436 M
Debt 2016 4 390 M
Yield 2016 0,99%
P/E ratio 2016 23,68
P/E ratio 2017 12,92
EV / Sales 2016 0,38x
EV / Sales 2017 0,37x
Capitalization 11 220 M
More Financials
Chart THYSSENKRUPP AG
Duration : Period :
ThyssenKrupp AG Technical Analysis Chart | TKA | DE0007500001 | 4-Traders
Full-screen chart
Technical analysis trends THYSSENKRUPP AG
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 22,1 €
Spread / Average Target 11%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Heinrich Hiesinger Chief Executive Officer
Ulrich Lehner Chairman-Supervisory Board
Guido Kerkhoff Chief Financial Officer
Martin Holz Chief Information Officer
Bernhard Pellens Independent Member-Supervisory Board
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
THYSSENKRUPP AG6.35%12 337
VALE SA36.00%27 116
NIPPON STEEL & SUMITOM..-15.91%18 263
ARCELORMITTAL78.97%18 217
POSCO--.--%17 476
NUCOR CORPORATION33.28%17 076
More Results