Industry News

Thyssenkrupp CFO: we don't have a liquidity problem

Views : 453
Author : Kelly
Update time : 2020-05-12 21:29:51
FRANKFURT, May 12 (Reuters) - Thyssenkrupp does not have a liquidity problem due to a 1 billion euro loan from state-owned lender KfW and the expected transfer of funds from the sale of its elevator division, its chief financial officer said.
At the end of March, Thyssenkrupp had access to 4.5 billion euro of financial liquidity, which does not include the KfW loan, to be paid back when the funds from the elevator sale arrive, Klaus Keysberg said.
Related News
Read More >>
Aluminium supplier Alpro Extrusion joins Indian Railways’ approved vendor list Aluminium supplier Alpro Extrusion joins Indian Railways’ approved vendor list
Apr .11.2025
Aluminium supplier Alpro Extrusion joins Indian Railways’ approved vendor list
Amid global tariff tension, Capral revives Australian Made Campaigns to promote locally manufactured aluminium extrusion Amid global tariff tension, Capral revives Australian Made Campaigns to promote locally manufactured aluminium extrusion
Apr .11.2025
Amid global tariff tension, Capral revives Australian Made Campaigns to promote locally manufactured aluminium extrusion
Tata Steel UK advances new pickling line for green transformation steel plant Tata Steel UK advances new pickling line for green transformation steel plant
Apr .11.2025
Tata Steel UK advances new pickling line for green transformation steel plant
ASI certifies Mineradora Santo Expedito against Performance Standard V3 ASI certifies Mineradora Santo Expedito against Performance Standard V3
Apr .11.2025
ASI certifies Mineradora Santo Expedito against Performance Standard V3