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TK Elevator
3.9
based on 880 Reviews
Company Overview
Associated Companies
Company Locations
Working at TK Elevator
Company Summary
ThyssenKrupp Elevator focuses on urban mobility solutions, delivering innovative and energy-efficient systems that enhance passenger transportation and reduce city congestion.
Overall Rating
3.9/5
based on 880 reviews
Critically rated for
Promotions
Work Policy
Work from office
74% employees reported
Monday to Saturday
61% employees reported
Strict timing
57% employees reported
Within city
43% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
64 employees reported
Health insurance
57 employees reported
Office cab/shuttle
43 employees reported
Free meal
25 employees reported
View all benefits
About TK Elevator
Founded in1995 (30 yrs old)
India Employee Count1k-5k
Global Employee Count10k-50k
HeadquartersEssen, Germany
Office Locations
--
Websitetkelevator.com
Primary Industry
--
Other Industries
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In just a few decades, we’ve become one of the world’s leading elevator companies with unique engineering capabilities. When done well, urban mobility drives down congestion, pollution, stress and energy consumption. Our innovative, efficient and reliable passenger transportation systems are key to getting it right in cities. Whether building a new state-of-the-art system or modernizing an existing one, our products deliver crucial energy and time efficiencies.
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TK Elevator Ratings
based on 880 reviews
Overall Rating
3.9/5
How AmbitionBox ratings work?
5
369
4
258
3
135
2
43
1
75
Category Ratings
3.7
Job security
3.6
Work-life balance
3.6
Skill development
3.5
Company culture
3.5
Salary
3.4
Work satisfaction
3.2
Promotions
TK Elevator is rated 3.9 out of 5 stars on AmbitionBox, based on 880 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at TK Elevator
based on 821 reviews
3.7
Rated by 55 Women
Rated 3.8 for Work-life balance and 3.4 for Salary
3.9
Rated by 766 Men
Rated 3.8 for Job security and 3.6 for Work-life balance
Work Policy at TK Elevator
based on 116 reviews in last 6 months
Work from office
74%
Hybrid
22%
Permanent work from home
4%
TK Elevator Reviews
Top mentions in TK Elevator Reviews
+ 5 more
Compare TK Elevator with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.9/5 based on 880 reviews | 4.2/5 based on 4k reviews | 3.6/5 based on 2.2k reviews | 3.9/5 based on 1.6k reviews |
Highly Rated for | No highly rated category | Work-life balance Company culture Skill development | No highly rated category | Work-life balance |
Critically Rated for | Promotions | No critically rated category | Promotions Salary Work-life balance | Promotions |
Primary Work Policy | Work from office 74% employees reported | Work from office 49% employees reported | Work from office 86% employees reported | Work from office 69% employees reported |
Rating by Women Employees | 3.7 Good rated by 55 women | 4.1 Good rated by 518 women | 3.6 Good rated by 567 women | 3.7 Good rated by 172 women |
Rating by Men Employees | 3.9 Good rated by 766 men | 4.2 Good rated by 3.2k men | 3.6 Good rated by 1.5k men | 3.9 Good rated by 1.3k men |
Job security | 3.7 Good | 4.0 Good | 3.4 Average | 3.6 Good |
View more
TK Elevator Salaries
TK Elevator salaries have received with an average score of 3.5 out of 5 by 880 employees.
Customer Service Engineer
(117 salaries)
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₹1.9 L/yr - ₹8.5 L/yr
Senior Engineer
(75 salaries)
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₹4 L/yr - ₹12.5 L/yr
Junior Engineer
(45 salaries)
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₹2.2 L/yr - ₹5.8 L/yr
Design Engineer
(43 salaries)
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₹1.8 L/yr - ₹9.7 L/yr
Senior Sales Executive
(34 salaries)
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₹5.1 L/yr - ₹9 L/yr
Deputy Manager
(33 salaries)
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₹7 L/yr - ₹18.8 L/yr
Sales Executive
(32 salaries)
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₹2.4 L/yr - ₹9.8 L/yr
Service Engineer
(31 salaries)
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₹1 L/yr - ₹6.2 L/yr
Project Engineer
(27 salaries)
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₹3 L/yr - ₹10 L/yr
Project Manager
(25 salaries)
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₹5.8 L/yr - ₹23.3 L/yr
TK Elevator Interview Questions
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TK Elevator Jobs
Popular Designations TK Elevator Hires for
Current Openings
TK Elevator News
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4 charts that show Wall Street's shaky start to 2025 — and how global markets are catching fire
- US stock indexes are in the red this year as President Donald Trump's economic policies weigh on sentiment.
- Markets in Europe and Asia have risen on defense spending plans and Chinese AI hype, respectively.
- Investors have favored haven assets like gold and silver over US stocks.
- Trump's economic and trade policies have negatively impacted US stock markets, contrary to initial market expectations.
- Global investors are seeking safer options due to Trump's policies and market volatility tolerance.
- US stock indexes like S&P 500, Nasdaq Composite, and Dow Jones have declined, while European and Asian markets have seen gains.
- Tech stocks in the US market, including Tesla, Apple, and Google, have faced significant declines.
- Europe's major contractors like Thyssenkrupp and Rheinmetall have seen stock prices double due to government spending plans.
- Chinese tech stocks have rebounded due to AI hype and government support.
- Wealth loss among US billionaires like Elon Musk contrasts with gains in Chinese and Warren Buffett's wealth during this period.
- Haven assets such as gold, silver, and the US Dollar Index have seen significant price surges amidst US market turmoil.
- Analysts warn about the global repercussions of a potential US economic downturn on worldwide markets.
Insider | 18 Mar, 2025
The rise of green steel in Europe: Technologies, key players and other matters
- Europe is advancing towards sustainability, with green steel gaining prominence in the steel industry as a means to reduce carbon emissions and combat climate change.
- The Europe green steel market is projected to reach US$ 12,004.3 million by 2032, driven by environmental policies and increasing demand for low-carbon steel in industries like automotive and construction.
- Green steel is produced using methods that significantly reduce carbon emissions compared to traditional blast furnace methods, utilizing cleaner processes such as hydrogen-based direct reduction or electric arc furnaces powered by renewable energy.
- European countries like Sweden, Germany, and Finland are at the forefront of adopting green steel technologies, setting the stage for the region to become a global hub for sustainable manufacturing.
- The steel industry, one of the largest sources of industrial carbon emissions globally, is targeted for emission reductions and transition to cleaner technologies in Europe to achieve carbon neutrality by 2050.
- Key players like SSAB, Thyssenkrupp, and Salzgitter AG are driving the green steel transition by investing in hydrogen-based steelmaking technologies, aiming to produce carbon-neutral steel and meet the increasing demand for sustainable products.
- Hydrogen is crucial for decarbonizing the steel industry, with its use in steel production aligning with Europe's hydrogen strategy and playing a significant role in achieving green steel production.
- The transition to green steel in Europe will lead to economic growth, job creation, and environmental benefits by reducing the carbon footprint of steel production and meeting climate targets, despite facing challenges like scalability and cost competitiveness.
- As Europe progresses towards carbon neutrality, the challenges of scaling hydrogen-based steel production and ensuring cost-effectiveness will require support from regulatory frameworks and incentives to drive successful green steel adoption.
- Europe's green steel revolution presents opportunities for innovation, job creation, and environmental sustainability, positioning the region as a leader in sustainable industrial development and contributing to a cleaner, greener future.
- Green steel represents the future of the European steel industry, aligning with environmental goals, offering economic opportunities, and strengthening Europe's global market position by meeting the growing demand for sustainable products.
Envirotecmagazine | 13 Feb, 2025
Sona BLW Share Price Target 2025, 2026 to 2030
- Sona BLW Precision Forgings, formerly called Sona Comstar, began in 1995 with the first plant in Gurugram manufacturing automobile components. Sona BLW had plants in Chennai and Pune within the next seven years. Thyssen Krupp acquired the company in 2008 and was renamed Sona BLW Precision Forgings in 2013.
- Sona BLW Share Price is predicted to perform positively in the stock market and offer high ROI.
- Sona BLW Share Price Target 2025 expectations project an upward trend with a maximum target of INR 904 by December.
- Sona BLW Share Price Target 2026-30 is estimated to peak at INR 1,620.80, with a minimum target range of INR 979.61-1,397.20, making it an excellent long-term investment.
- Sona BLW Precision Forgings Competitors with similar market share cap include CIENDIA, RamkrishnaForge, PTC Industries, MM Forgings, Rama Steel Tube, Steelcast, and Hilton Metal.
- Sona BLW Precision Forgings Shareholding Pattern for stakeholders with significant holdings are FII by 32.88%, Mutual Funds by 23.39%, Promoters 29.71%, and DII by 3.33%.
- Sona BLW Share Price showed a positive surge last year, increasing from INR 457 per share to INR 674 per share.
- Investors are recommended to seek expert advice before investing in the stock market. Stock market predictions are not always accurate and are subject to change.
- Queries about the stock market may be directed via email.
- Other companies' share price projections: Waaree Energies, Suzlon, Monotype India, Mishtann Foods, Urja Global, Trident, PNB, Yes Bank, Apollo Micro Systems, RAMA STEEL, GG Engineering, Hathway, Prakash Industries, NCL Research, BEL, GRSE, Bank of Baroda, Bhandari Hosiery, Lloyd Steel, Vikas Lifecare, Marksans Pharma, BPCL, Paytm, Latent View, Union Bank, and Zeel.
VIE Stories | 1 Feb, 2025
4116 Steel: Unmatched Durability and Versatility for Cutting Tools
- 4116 steel, also known as X50CrMoV15, is a high-carbon, stainless steel developed by ThyssenKrupp.
- It is commonly used in high-end kitchen cutlery, medical instruments, outdoor, and tactical knives.
- Its composition includes carbon, chromium, molybdenum, and vanadium, providing excellent hardness, toughness, and corrosion resistance.
- The steel's durability, sharpness retention, and rust resistance make it highly sought-after for professional applications.
TechBullion | 30 Jan, 2025
CCI Approves Blackstone's Acquisition Of Stakes In Bagmane Developers And Bagmane Rio
- The Competition Commission of India has approved Blackstone's acquisition of stakes in Bagmane Developers and Bagmane Rio.
- Blackstone's arm BREP Asia III India Holding Co VIII is the acquirer in the proposed combination.
- Bagmane Developers and Bagmane Rio are engaged in commercial real estate development and allied services.
- CCI also approved the acquisition of thyssenkrupp Electrical Steel India by Jsquare Electrical Steel Nashik.
Bloomberg Quint | 11 Dec, 2024
5,000 to be laid off at Thyssenkrupp’s steel division in 5 years
- Thyssenkrupp plans to lay off 5,000 employees at its steel division over 5 years.
- By 2030, the company also intends to outsource 6,000 positions in an effort to gain stability.
- The steel division, currently employing 27,000 people, has been battling rising production costs and competition from Asian steelmakers.
- In addition to job cuts, production capacity will be reduced from 11.7 million to 9 million tons.
HRKatha | 26 Nov, 2024
TCS top recruiter during third cluster of Summer Placements at IIMA
- TCS was the top recruiter with nine offers during the third cluster of Summer Placements at IIMA.
- Close to 60 firms participated in this cluster held on November 18.
- Adobe, Tata Steel, and Silver Consumer made five offers each.
- Other notable recruiters included Suzuki Japan, Saint Gobain, Forbes Marshall, Thyssenkrupp, and Ola.
HinduBusinessLine | 19 Nov, 2024
Siemens’ Gen AI Tool Revolutionizes Industrial Automation
- Siemens introduces 'Industrial Copilot', a generative AI tool for industrial automation.
- The tool generates code and comes in an on-premises version for enhanced security and performance.
- ThyssenKrupp Automation Engineering embraces the tool to boost battery quality inspections.
- Siemens aims for 75% of developers to use gen AI code assistants by 2028.
VoIP | 15 Nov, 2024
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TK Elevator Subsidiaries
TKIL
4.2
• 908 reviews
Thyssenkrupp Industrial Solutions
4.0
• 285 reviews
ThyssenKrupp Steel
4.0
• 10 reviews
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TK Elevator FAQs
When was TK Elevator founded?
TK Elevator was founded in 1995. The company has been operating for 30 years.
Where is the TK Elevator headquarters located?
TK Elevator is headquartered in Essen.
How many employees does TK Elevator have in India?
TK Elevator currently has more than 1,800+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in TK Elevator based on the number of reviews submitted on AmbitionBox.
Does TK Elevator have good work-life balance?
TK Elevator has a Work-Life Balance Rating of 3.6 out of 5 based on 800+ employee reviews on AmbitionBox. 71% employees rated TK Elevator 4 or above, while 29% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read TK Elevator work-life balance reviews for more details
Is TK Elevator good for career growth?
Career growth at TK Elevator is rated as moderate, with a promotions and appraisal rating of 3.2. 29% employees rated TK Elevator 3 or below, while 71% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading TK Elevator promotions/appraisals reviews for more detailed insights.
What are the cons of working in TK Elevator?
Working at TK Elevator does have some drawbacks that potential employees should consider. The company is poorly rated for promotions / appraisal, based on 800+ employee reviews on AmbitionBox.
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