Mathematics professor Ursula Gather has been a member of the Board of Trustees of the Krupp Foundation since 2011.
Image: Edgar Schoepal
First the IPO, then a merger? The Krupp Foundation relies on a consolidation of the steel market. Chairwoman Ursula Gather talks about the restructuring of the company.
Ms. Gather, does the Krupp Foundation still expect a dividend for the current fiscal year?
We had firmly planned the dividend. But then came the Ukraine war and Thyssenkrupp had to revise its forecast. This seems to reduce the chances of a dividend payout, but maybe the tide will turn.
Otherwise it would be the fourth year in a row without a dividend payment. How much longer will the foundation keep going?
The group stake is actually our only asset and source of income. However, there are reserves, and so we have not had to make any major cutbacks in our promotional activities. The pandemic also played into our hands a little, because it delayed the outflow of funds, for example in the programs for scholarships abroad. For about two years we can continue to support the current level and get involved with the Alfried Krupp Hospital, young scientists or photography. I’m also confident that things will continue to improve at Thyssenkrupp.
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