ThyssenKrupp is a German multinational conglomerate that operates in the industrial engineering and steel production sectors. The company is divided into six business areas: Components Technology, Elevator Technology, Industrial Solutions, Materials Services, Steel Europe, and Steel Americas. ThyssenKrupp has operations in over 80 countries and employs more than 100,000 people. The company was founded in 1999 through the merger of Thyssen AG and Krupp AG and is headquartered in Essen, Germany.