ThyssenKrupp Marine Systems of Germany (often abbreviated TKMS) is a group and holding company of providers of naval vessels, surface ships and submarines. It was founded when large industrial conglomerate ThyssenKrupp acquired Howaldtswerke-Deutsche Werft on January 5, 2005. The group consists of: As of August 30, 2006, the group represented a sales volume of around €2.2 billion and had a workforce of 8,400 people. It is said that ThyssenKrupp wants to sell its Yards' Business in Emden, Kiel and Hamburg. The corporation opened a branch office in Karachi, Pakistan on 25 July 2007. By January 2009, it had become one of the biggest private shipbuilding companies in Pakistan. More information...
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