Thyssen refers to the Thyssen Group, a German industrial conglomerate founded in the late 19th century by August Thyssen. The company initially focused on steel production and expanded into various sectors, including machinery, shipbuilding, and construction. Over the years, Thyssen became one of the largest steel producers in Europe. In 1999, Thyssen merged with Krupp, another major German industrial company, to form ThyssenKrupp AG. This merger created a diversified enterprise involved in steel production, automotive components, and elevator manufacturing, among other industries. Today, ThyssenKrupp is recognized for its global presence and innovation in engineering and technology.