Hochtief
Encyclopedia
Hochtief Aktiengesellschaft (officially typeset HOCHTIEF) is Germany's largest construction company. It is based in Essen
but operates globally, ranking as the top general builder in the United States through its Turner Corporation
subsidiary, and in Australia through the Leighton Group
. In 2010 it employed more than 70,000 employees across five corporate divisions. One of these, Hochtief Concessions
, is a major airport operator. The others are involved with construction project planning, finance, construction and operation. Work done in 2010 was €
23.23 billion, with more than 80% coming from operations outside Germany.
The company's history dates back to the 1870s and includes engineering feats such as the transplantation of the Abu Simbel
rock temples in Egypt
(saving them from the rise of the River Nile caused by the Aswan High Dam), and infrastructure projects like the new Athens International Airport and Germany's first nuclear power plant. It is also noted for its involvement with the Bauhaus
movement, particularly for its work at Zollverein colliery
and later the reconstruction of the famous Kandinsky
-Klee
house in Dessau
; both are now parts of World Heritage Site
s. However, the company's reputation is tarnished by World War II
, when it deployed forced labor on construction projects. It built the Führerbunker
in Berlin
, scene of Adolf Hitler
's suicide, as well as Hitler's Berghof
retreat and Wolf's Lair headquarters. More recent constructions have included Bosporus Bridge (Turkey
), King Abdulaziz International Airport
(Saudi Arabia
), and the Messeturm
and Commerzbank Tower
in Frankfurt
.
Spanish construction company Grupo ACS
, which already had almost 30 percent of Hochtief, launched in mid September, a bid that would allow ACS to have more than 50 percent of Hochtief. The bid was approved by the German Federal Financial Supervisory Authority (BaFin) on 29 November 2010. ACS raised the stake in Hochtief to 50.16 percent as of 18 June 2011. taking over control of the company.
, roughly equivalent to a public limited company
in the United Kingdom. Its shares are traded on all the German stock exchange
s, including the Frankfurt Stock Exchange
and Börse München
, using the Xetra
system. Hochtief is a component of the MDAX
share index. The major shareholder
s are the Spanish Grupo ACS
with 50.16% and Qatar Holding LLC. with more than 10% . This makes Hochtief part of the Spanish Grupo ACS
.
As of January 1, 2011, Hochtief has streamlined its corporate structure. The Group is now divided into four divisions:
The Asia Pacific division covers the activities of Leighton Holdings in Australia and Asia. Leighton does not only provide construction and construction services but is also the worldst largest contract miner. The Americas
division co-ordinates the United States subsidiaries Turner Corporation (merged in 1999), Flatiron Construction(acquired in 2007) and E.E. Cruz (acquired in 2010).
Hochtief Concessions develops and implements operator and concession projects. Its business areas include airports, roads, social infrastructure and further public-private partnership (PPP) projects. Its subsidiary Hochtief Airport holds stakes in Athens International Airport, Düsseldorf International Airport
, Hamburg Airport
, Sydney Airport
, Budapest Airport and Rinas Mother Teresa Airport
(Tirana
).
The Europe division plans, develops, implements, operates and manages real estate and infrastructure facilities in Europe and in selected regions worldwide.
-born brothers Philipp and Balthasar Helfmann, a lumber
merchant
and mechanic
respectively, in Bornheim
near Frankfurt am Main. While Balthasar focused on the completion of construction contracts, Philipp developed the financing side of the business. Their first major contract was for the University of Giessen
in 1878. By the 1880s the company had begun to produce its own construction materials but was still only a regional player. Shortly after the death of Balthasar, Philipp converted the company into a joint stock corporation, Aktiengesellschaft für Hoch- und Tiefbauten ("Construction and Civil Engineering Corporation", though literally the "Corporation for High - Hoch and Deep - Tief Construction - Bauten). A major development was the contract for the spa
project in Bad Orb
in 1899, with the corporation not simply erecting buildings but also to provide infrastructure like road
s and garden
s, to arrange the finances for the project, and to maintain some responsibilities for operating the project after its construction. Also in 1899, another turnkey
project, a new grain
silo
in Genoa
, Italy, was both the firm's first international venture and its first project using reinforced concrete
. Philipp Helfmann died in the same year, with his son-in-law, Hans Weidmann, taking over as Chief Executive.
(described by Time
as the "New Emperor of Germany" for his wealth and influence) and in 1922 the firm moved its base to Essen as part of its integration into the Stinnes group. Stinnes planned to use Hochtief for all his construction projects, while the Hochtief saw an opportunity to profit from the Treaty of Versailles
, organising the delivery of construction materials to France as part of German reparations
for World War I
. Fate intervened as Stinnes died in 1924 and within a year his industrial empire collapsed, while the French occupation of the Ruhr
destroyed the chance to profit from the reparations contract that had been made with the French industrialist Guy Louis Jean de Lubersac. With the help of several bank
s, the company (now known as Hochtief Aktiengesellschaft für Hoch- und Tiefbauten vorm. Gebrüder Helfmann) avoided insolvency
. In the aftermath of the Stinnes collapse, the major utility
RWE
and electrical equipment producer AEG
became major share-holders in Hochtief, and Hans Weidmann stepped down in 1927.
A series of major construction projects ensued, including the Echelsbach Bridge (then Germany's largest single span reinforced concrete bridge), the Schluchsee dam and work at the Zollverein colliery
. The Zollverein architect
s Fritz Schupp and Martin Kremmer seem to be influenced by the Bauhaus
, one of the reasons the complex became a UNESCO
World Heritage Site. The iconic Shaft 12 at the colliery was named after Albert Vögler, CEO of the Vereinigte Stahlwerke AG
, which was owner of the colliery since 1926. There was also canal
work: the Moselle Canal in France and the Albert Canal
in Belgium
.
in 1935. The CEO, Eugen Vögler, did not join the Nazi party until 1937, however, he did offer his services to the Nazis as leader of the "Construction Industry Business Group" and took a position in the Hitler Youth
. The construction business flourished under the Four year plan
, with its vast public works
programme, including the Autobahn network, and the industrial build-up in preparation for war, for example the construction of a new truck
factory for Opel
in Brandenberg
. Hochtief also worked on a new centre for Nazi rallies in Nuremberg
. In 1936 it moved its Essen headquarters from the Pferdemarkt to its current location in Rellinghauser Straße. As war became imminent, the company began work on the Westwall defensive network. During World War II
, it later worked on the Atlantic Wall
defences, and a range of infrastructure projects across German-dominated Europe. Hochtief via a daughter company ("Tochtergesellschaft") named Führerbunkerfensterputzer GmbH also constructed buildings for Hitler himself, notably his Bavaria
n Alpine retreat, the Berghof
, his Wolf's Lair headquarters
in Rastenburg, and the Führerbunker
in Berlin
, where Hitler ultimately committed suicide.
After 1939 the firm began to use forced labour extensively on its projects, as did many other German industrial concerns at the time. The consortium-led nature of construction projects obscures the firm's exact involvement, as does the destruction of many records.
During the closing stages of the war, most of the company's branch offices were destroyed, and employees in the East fled the Soviet
advance. The head office in Essen suffered a direct hit from a bomb
in March 1945, and regional offices and construction centres in Danzig, Halle
, Katowice
, Königsberg
, Kraków
, Leipzig
and Magdeburg
were lost as the territory they were in was allotted to Poland
or the Soviet Zone of occupation. As Eugen Vögler was on the run from the new authorities, he was replaced as CEO by Artur Konrad.
During the initial post-war period, a shortage of machinery, tools, and materials, as well as a dearth of new orders, hampered operations. Some salvage work occurred, as well as rubble-clearance and basic repairs. One of the first, rare, major contracts was for a university hospital
in Bonn
, 1946-49. The introduction of the German mark
in 1948 and the beginning of the Wirtschaftswunder
brought more new work.
and bridge and smelting
works construction in Egypt
during the early 1950s. It is interesting to note that many projects from this period were undertaken outside of the First World
;many were funded from development aid
budgets.
A high profile success for the company came in the 1960s, again in Egypt. The rising waters of the River Nile (a result of the construction of the Aswan High Dam) threatened the ancient
Abu Simbel
temple
complex. The entire site was dismantled and reassembled 200 m further from the river, and 65 m higher, at a cost of around US$36 million.
The focus of the company began to switch away from purely construction and towards more turnkey
work and service provision, for example the 1961-3 Hilton Hotel, Athens, project. Most work was domestic, driven by Germany's strong economic growth, with a particular strength in power plant construction. This included the construction of the Federal Republic of Germany's first nuclear power plant, Kahl Nuclear Power Plant
, near Dettingen am Main
. The construction contract had been awarded by AEG
, which had been commissioned by the utility company RWE
to build the plant. The plant began to feed its electricity to the grid was in June 1961. By contrast, the first East German nuclear plant, at Rheinsberg
, was connected to the grid in 1966.
There was also considerable transport infrastructure activity, including on the Hernandarias Subfluvial Tunnel
, Argentina
in the 1960s and the New Elbe Tunnel
in Hamburg
in the 1970s
By the mid-1970s, foreign work (such as the Bosporus Bridge in Turkey, completed 1974) was accelerating while domestic orders were receding, according to the company's annual report of 1975. By 1980, foreign work accounted for more than 50% of Hochtief's business. A major factor was the contract for King Abdulaziz International Airport
(completed 1981), the largest airport in Saudi Arabia
, and the most valuable contract Hochtief had ever been involved with. The architecture of the airport is highly rated aesthetically, and it has several unusual features, including Terminal Three, used only during the Hajj
, reserved for pilgrim
s travelling to Makkah. It has a tent-shaped fibreglass roof
, contains a mosque
, can accommodate 80,000 travellers at once, and is believed to be the largest terminal in the world.
The 1980s were a difficult time financially, with less foreign work coming through. There was domestic growth, with a highlight being the architecturally radical Messe-Torhaus
in Frankfurt
, completed in 1984. It was later involved in the construction of the Messeturm
in the same city; once completed in 1991 it was Europe's tallest building. In the mid-1990s, Hochtief was involved in yet another major skyscraper
development in Frankfurt, the Commerzbank Tower
, which overtook the Messeturm to become Europe's tallest building, losing the record to Triumph-Palace
in Moscow
in 2003.
The 1990s brought an opportunity expand operations in the airport management sector, as many countries privatised their airports. When Warsaw Frederic Chopin Airport
needed upgrading in the early 1990s, LOT Polish Airlines
was unable to afford the cost, so a complex financing arrangement was established whereby a bank would pay Hochtief two thirds of the costs to upgrade the airport, while the airline assigned to the bank the revenues from aircraft using Polish airspace for a period. The company began to take responsibility for more operational aspects of projects, including service provision, financing, facility management and software development, following a concept of being a "system leader", as set out by CEO Hans-Peter Keitel. These tasks were felt to be higher up the value chain, and would help the firm shake off the slowdown that had followed the initial boom of German reunification
. These concepts were notably put into action during the construction of the new Athens International Airport in the late 1990s.
In 1999, Hochtief made big inroads into the United States market through its merger with Turner Corporation, while in 2000 it celebrated its 125th anniversary
. A part of those celebrations was the DM 1 million donation to the restoration of the Kandinsky-Klee House in Dessau
, a project for which it was the general contractor. The house had been used by the Bauhaus
movement as an example of a "Meisterhaus", but Nazi persecution of the Bauhaus, and subsequent neglect, had left significant damage. The house was re-opened on 4 February 2000, after a two year restoration programme. It forms part of the UNESCO
Bauhaus World Heritage Site
.
Essen
- Origin of the name :In German-speaking countries, the name of the city Essen often causes confusion as to its origins, because it is commonly known as the German infinitive of the verb for the act of eating, and/or the German noun for food. Although scholars still dispute the interpretation of...
but operates globally, ranking as the top general builder in the United States through its Turner Corporation
Turner Construction
Turner Construction Company is one of the largest construction management companies in the United States with a construction volume of $8 billion in 2010. It is a subsidiary of HOCHTIEF Germany.-The early years:...
subsidiary, and in Australia through the Leighton Group
Leighton Holdings
Leighton Holdings is Australia's largest project development and contracting group. It is active in the telecommunications, engineering and infrastructure, building and property, mining and resources, and environmental services industries...
. In 2010 it employed more than 70,000 employees across five corporate divisions. One of these, Hochtief Concessions
Hochtief Concessions
Hochtief Concessions GmbH is a German business, fully owned subsidiary of the Hochtief Group and is responsible for the development and implementation of concessions and operator projects...
, is a major airport operator. The others are involved with construction project planning, finance, construction and operation. Work done in 2010 was €
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...
23.23 billion, with more than 80% coming from operations outside Germany.
The company's history dates back to the 1870s and includes engineering feats such as the transplantation of the Abu Simbel
Abu Simbel
Abu Simbel temples refers to two massive rock temples in Abu Simbel in Nubia, southern Egypt on the western bank of Lake Nasser about 230 km southwest of Aswan...
rock temples in Egypt
Egypt
Egypt , officially the Arab Republic of Egypt, Arabic: , is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Southwest Asia. Egypt is thus a transcontinental country, and a major power in Africa, the Mediterranean Basin, the Middle East and the Muslim world...
(saving them from the rise of the River Nile caused by the Aswan High Dam), and infrastructure projects like the new Athens International Airport and Germany's first nuclear power plant. It is also noted for its involvement with the Bauhaus
Bauhaus
', commonly known simply as Bauhaus, was a school in Germany that combined crafts and the fine arts, and was famous for the approach to design that it publicized and taught. It operated from 1919 to 1933. At that time the German term stood for "School of Building".The Bauhaus school was founded by...
movement, particularly for its work at Zollverein colliery
Zollverein Coal Mine Industrial Complex
The Zollverein Coal Mine Industrial Complex is a large former industrial site in the city of Essen, North Rhine-Westphalia, Germany...
and later the reconstruction of the famous Kandinsky
Wassily Kandinsky
Wassily Wassilyevich Kandinsky was an influential Russian painter and art theorist. He is credited with painting the first purely-abstract works. Born in Moscow, Kandinsky spent his childhood in Odessa. He enrolled at the University of Moscow, studying law and economics...
-Klee
Paul Klee
Paul Klee was born in Münchenbuchsee, Switzerland, and is considered both a German and a Swiss painter. His highly individual style was influenced by movements in art that included expressionism, cubism, and surrealism. He was, as well, a student of orientalism...
house in Dessau
Dessau
Dessau is a town in Germany on the junction of the rivers Mulde and Elbe, in the Bundesland of Saxony-Anhalt. Since 1 July 2007, it is part of the merged town Dessau-Roßlau. Population of Dessau proper: 77,973 .-Geography:...
; both are now parts of World Heritage Site
World Heritage Site
A UNESCO World Heritage Site is a place that is listed by the UNESCO as of special cultural or physical significance...
s. However, the company's reputation is tarnished by World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
, when it deployed forced labor on construction projects. It built the Führerbunker
Führerbunker
The Führerbunker was located beneath Hitler's New Reich Chancellery in Berlin, Germany. It was part of a subterranean bunker complex which was constructed in two major phases, one part in 1936 and the other in 1943...
in Berlin
Berlin
Berlin is the capital city of Germany and is one of the 16 states of Germany. With a population of 3.45 million people, Berlin is Germany's largest city. It is the second most populous city proper and the seventh most populous urban area in the European Union...
, scene of Adolf Hitler
Adolf Hitler
Adolf Hitler was an Austrian-born German politician and the leader of the National Socialist German Workers Party , commonly referred to as the Nazi Party). He was Chancellor of Germany from 1933 to 1945, and head of state from 1934 to 1945...
's suicide, as well as Hitler's Berghof
Berghof (Hitler)
The Berghof was Adolf Hitler's home in the Obersalzberg of the Bavarian Alps near Berchtesgaden, Bavaria, Germany. Other than the Wolfsschanze in East Prussia, Hitler spent more time at the Berghof than anywhere else during World War II. It was also one of the most widely known of Hitler's...
retreat and Wolf's Lair headquarters. More recent constructions have included Bosporus Bridge (Turkey
Turkey
Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...
), King Abdulaziz International Airport
King Abdulaziz International Airport
King Abdulaziz International Airport is an aviation facility located 19 km to the north of Jeddah, Saudi Arabia. Named after King Abdulaziz Al Saud, the airport is Saudi Arabia's third largest air facility and busiest airport by passenger. The airport occupies an area of 15 square kilometers...
(Saudi Arabia
Saudi Arabia
The Kingdom of Saudi Arabia , commonly known in British English as Saudi Arabia and in Arabic as as-Sa‘ūdiyyah , is the largest state in Western Asia by land area, constituting the bulk of the Arabian Peninsula, and the second-largest in the Arab World...
), and the Messeturm
Messeturm
The Messeturm is a skyscraper in Frankfurt am Main, Germany. Its name translates as "Fair Tower" in German. It is the second tallest building in Frankfurt, the second tallest building in Germany. The Messeturm's ground floor area is just . The Messeturm is directly located in the Frankfurt Trade...
and Commerzbank Tower
Commerzbank Tower
Commerzbank Tower, located in the city centre of Frankfurt, Germany, is the tallest completed skyscraper in the European Union. After it was completed in 1997 it ranked as the tallest skyscraper in Europe until 2005 when it was surpassed by the Triumph-Palace in Moscow...
in Frankfurt
Frankfurt
Frankfurt am Main , commonly known simply as Frankfurt, is the largest city in the German state of Hesse and the fifth-largest city in Germany, with a 2010 population of 688,249. The urban area had an estimated population of 2,300,000 in 2010...
.
Spanish construction company Grupo ACS
Grupo ACS
Actividades de Construcción y Servicios, S.A. is a Spanish company dedicated to civil and engineering construction, all types services and telecommunications. It is one of the leading construction companies in the world, with projects in many countries around the world...
, which already had almost 30 percent of Hochtief, launched in mid September, a bid that would allow ACS to have more than 50 percent of Hochtief. The bid was approved by the German Federal Financial Supervisory Authority (BaFin) on 29 November 2010. ACS raised the stake in Hochtief to 50.16 percent as of 18 June 2011. taking over control of the company.
Structure and ownership
Hochtief is an AktiengesellschaftAktiengesellschaft
Aktiengesellschaft is a German term that refers to a corporation that is limited by shares, i.e. owned by shareholders, and may be traded on a stock market. The term is used in Germany, Austria and Switzerland...
, roughly equivalent to a public limited company
Public limited company
A public limited company is a limited liability company that sells shares to the public in United Kingdom company law, in the Republic of Ireland and Commonwealth jurisdictions....
in the United Kingdom. Its shares are traded on all the German stock exchange
Stock exchange
A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...
s, including the Frankfurt Stock Exchange
Frankfurt Stock Exchange
The Frankfurt Stock Exchange is the world's 12th largest stock exchange by market capitalization. Located in Frankfurt am Main, Germany, the Frankfurt Stock Exchange is owned and operated by Deutsche Börse, which also owns the European futures exchange Eurex and the clearing company...
and Börse München
Börse München
The Börse München is a stock exchange based in Munich, Germany. Founded in 1830, it currently lists over 6300 securities.-History:The Börse München was officially founded in 1869, but its origins go back to the 1830s, when traders from Munich started meeting regularly to trade securities. It was...
, using the Xetra
Xetra (trading system)
Xetra is a worldwide electronic securities trading system based in Frankfurt, Germany. It was created for the Frankfurt Stock Exchange and launched in November, 1997. It is operated by Deutsche Börse....
system. Hochtief is a component of the MDAX
MDAX
The MDAX is a stock index which lists German companies. The index is calculated by Deutsche Börse.It includes the 50 Prime Standard shares from sectors excluding technology that rank immediately below the companies included in the DAX index...
share index. The major shareholder
Shareholder
A shareholder or stockholder is an individual or institution that legally owns one or more shares of stock in a public or private corporation. Shareholders own the stock, but not the corporation itself ....
s are the Spanish Grupo ACS
Grupo ACS
Actividades de Construcción y Servicios, S.A. is a Spanish company dedicated to civil and engineering construction, all types services and telecommunications. It is one of the leading construction companies in the world, with projects in many countries around the world...
with 50.16% and Qatar Holding LLC. with more than 10% . This makes Hochtief part of the Spanish Grupo ACS
Grupo ACS
Actividades de Construcción y Servicios, S.A. is a Spanish company dedicated to civil and engineering construction, all types services and telecommunications. It is one of the leading construction companies in the world, with projects in many countries around the world...
.
As of January 1, 2011, Hochtief has streamlined its corporate structure. The Group is now divided into four divisions:
- Hochtief Americas
- Hochtief Asia Pacific
- Hochtief Concessions
- Hochtief Europe
The Asia Pacific division covers the activities of Leighton Holdings in Australia and Asia. Leighton does not only provide construction and construction services but is also the worldst largest contract miner. The Americas
Americas
The Americas, or America , are lands in the Western hemisphere, also known as the New World. In English, the plural form the Americas is often used to refer to the landmasses of North America and South America with their associated islands and regions, while the singular form America is primarily...
division co-ordinates the United States subsidiaries Turner Corporation (merged in 1999), Flatiron Construction(acquired in 2007) and E.E. Cruz (acquired in 2010).
Hochtief Concessions develops and implements operator and concession projects. Its business areas include airports, roads, social infrastructure and further public-private partnership (PPP) projects. Its subsidiary Hochtief Airport holds stakes in Athens International Airport, Düsseldorf International Airport
Düsseldorf International Airport
Düsseldorf International Airport is the largest airport in North Rhine-Westphalia, Germany, and the third largest airport in Germany, handling 18.99 million passengers in 2010....
, Hamburg Airport
Hamburg Airport
Hamburg Airport , also known as Hamburg-Fuhlsbüttel Airport , is an international airport serving Hamburg, Germany.It originally covered . Since then, the site has grown more than tenfold to . The main apron covers . The airport is north of the centre of the city of Hamburg in the Fuhlsbüttel...
, Sydney Airport
Sydney Airport
Sydney Airport may refer to:* Sydney Airport, also known as Kingsford Smith International Airport, in Sydney, Australia* Sydney/J.A. Douglas McCurdy Airport, in Nova Scotia, Canada...
, Budapest Airport and Rinas Mother Teresa Airport
Rinas Mother Teresa Airport
Tirana International Airport Nënë Tereza is Albania's only international airport. It is commonly known as Rinas International Airport, as it is located northwest of Tirana, in the village of Rinas. In 2001, the airport was named after Mother Teresa...
(Tirana
Tirana
Tirana is the capital and the largest city of Albania. Modern Tirana was founded as an Ottoman town in 1614 by Sulejman Bargjini, a local ruler from Mullet, although the area has been continuously inhabited since antiquity. Tirana became Albania's capital city in 1920 and has a population of over...
).
The Europe division plans, develops, implements, operates and manages real estate and infrastructure facilities in Europe and in selected regions worldwide.
Early years
The company was probably founded in 1874 (its first mention in the local address book) as Gebrüder Helfmann, Bauunternehmer by the KelsterbachKelsterbach
Kelsterbach is a town in Groß-Gerau district in Hessen, Germany. It lies on Frankfurt's southwestern outskirts at a bend on the left bank of the river Main, right where a small brook, called the Kelster empties into the river...
-born brothers Philipp and Balthasar Helfmann, a lumber
Lumber
Lumber or timber is wood in any of its stages from felling through readiness for use as structural material for construction, or wood pulp for paper production....
merchant
Merchant
A merchant is a businessperson who trades in commodities that were produced by others, in order to earn a profit.Merchants can be one of two types:# A wholesale merchant operates in the chain between producer and retail merchant...
and mechanic
Mechanic
A mechanic is a craftsman or technician who uses tools to build or repair machinery.Many mechanics are specialized in a particular field such as auto mechanics, bicycle mechanics, motorcycle mechanics, boiler mechanics, general mechanics, industrial maintenance mechanics , air conditioning and...
respectively, in Bornheim
Bornheim
Bornheim is a town in the Rhein-Sieg district, in North Rhine-Westphalia, Germany. It is situated on the West bank of the Rhine, approx. 10 km north-west of Bonn, 20 km south of Cologne....
near Frankfurt am Main. While Balthasar focused on the completion of construction contracts, Philipp developed the financing side of the business. Their first major contract was for the University of Giessen
University of Giessen
The University of Giessen is officially called the Justus Liebig University Giessen after its most famous faculty member, Justus von Liebig, the founder of modern agricultural chemistry and inventor of artificial fertiliser.-History:The University of Gießen is among the oldest institutions of...
in 1878. By the 1880s the company had begun to produce its own construction materials but was still only a regional player. Shortly after the death of Balthasar, Philipp converted the company into a joint stock corporation, Aktiengesellschaft für Hoch- und Tiefbauten ("Construction and Civil Engineering Corporation", though literally the "Corporation for High - Hoch and Deep - Tief Construction - Bauten). A major development was the contract for the spa
Destination spa
A destination spa is a short term residential/lodging facility with the primary purpose of providing individual services for spa-goers to develop healthy habits. Historically many such spas were developed at the location of natural hot springs or sources of mineral waters...
project in Bad Orb
Bad Orb
Bad Orb is a spa town in the Main-Kinzig district, in Hesse, Germany. It is situated 32 east km of Hanau. Bad Orb is between forested hills in the Nature Park Spessart, one of the largest forested areas in Germany. The canyon-side donkey path that runs to Großheubach in Miltenberg Kreis passes Bad...
in 1899, with the corporation not simply erecting buildings but also to provide infrastructure like road
Road
A road is a thoroughfare, route, or way on land between two places, which typically has been paved or otherwise improved to allow travel by some conveyance, including a horse, cart, or motor vehicle. Roads consist of one, or sometimes two, roadways each with one or more lanes and also any...
s and garden
Garden
A garden is a planned space, usually outdoors, set aside for the display, cultivation, and enjoyment of plants and other forms of nature. The garden can incorporate both natural and man-made materials. The most common form today is known as a residential garden, but the term garden has...
s, to arrange the finances for the project, and to maintain some responsibilities for operating the project after its construction. Also in 1899, another turnkey
Turnkey
A turn-key or a turn-key project is a type of project that is constructed by a developer and sold or turned over to a buyer in a ready-to-use condition.-Common usage:...
project, a new grain
GRAIN
GRAIN is a small international non-profit organisation that works to support small farmers and social movements in their struggles for community-controlled and biodiversity-based food systems. Our support takes the form of independent research and analysis, networking at local, regional and...
silo
Storage silo
A silo is a structure for storing bulk materials. Silos are used in agriculture to store grain or fermented feed known as silage. Silos are more commonly used for bulk storage of grain, coal, cement, carbon black, woodchips, food products and sawdust. Three types of silos are in widespread use...
in Genoa
Genoa
Genoa |Ligurian]] Zena ; Latin and, archaically, English Genua) is a city and an important seaport in northern Italy, the capital of the Province of Genoa and of the region of Liguria....
, Italy, was both the firm's first international venture and its first project using reinforced concrete
Reinforced concrete
Reinforced concrete is concrete in which reinforcement bars , reinforcement grids, plates or fibers have been incorporated to strengthen the concrete in tension. It was invented by French gardener Joseph Monier in 1849 and patented in 1867. The term Ferro Concrete refers only to concrete that is...
. Philipp Helfmann died in the same year, with his son-in-law, Hans Weidmann, taking over as Chief Executive.
After the Helfmann brothers
The firm grew rapidly, but was not comparable with the major German construction concerns of the era. In 1921 it attracted investment from the industrialist Hugo StinnesHugo Stinnes
-Life and career:Stinnes was born in Mülheim, in the Ruhr Valley, North German Confederation. His father was also named Hugo, and his grandfather Matthias Stinnes had founded a modest enterprise in Mülheim....
(described by Time
Time (magazine)
Time is an American news magazine. A European edition is published from London. Time Europe covers the Middle East, Africa and, since 2003, Latin America. An Asian edition is based in Hong Kong...
as the "New Emperor of Germany" for his wealth and influence) and in 1922 the firm moved its base to Essen as part of its integration into the Stinnes group. Stinnes planned to use Hochtief for all his construction projects, while the Hochtief saw an opportunity to profit from the Treaty of Versailles
Treaty of Versailles
The Treaty of Versailles was one of the peace treaties at the end of World War I. It ended the state of war between Germany and the Allied Powers. It was signed on 28 June 1919, exactly five years after the assassination of Archduke Franz Ferdinand. The other Central Powers on the German side of...
, organising the delivery of construction materials to France as part of German reparations
World War I reparations
World War I reparations refers to the payments and transfers of property and equipment that Germany was forced to make under the Treaty of Versailles following its defeat during World War I...
for World War I
World War I
World War I , which was predominantly called the World War or the Great War from its occurrence until 1939, and the First World War or World War I thereafter, was a major war centred in Europe that began on 28 July 1914 and lasted until 11 November 1918...
. Fate intervened as Stinnes died in 1924 and within a year his industrial empire collapsed, while the French occupation of the Ruhr
Ruhr
The Ruhr is a medium-size river in western Germany , a right tributary of the Rhine.-Description:The source of the Ruhr is near the town of Winterberg in the mountainous Sauerland region, at an elevation of approximately 2,200 feet...
destroyed the chance to profit from the reparations contract that had been made with the French industrialist Guy Louis Jean de Lubersac. With the help of several bank
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
s, the company (now known as Hochtief Aktiengesellschaft für Hoch- und Tiefbauten vorm. Gebrüder Helfmann) avoided insolvency
Insolvency
Insolvency means the inability to pay one's debts as they fall due. Usually used to refer to a business, insolvency refers to the inability of a company to pay off its debts.Business insolvency is defined in two different ways:...
. In the aftermath of the Stinnes collapse, the major utility
Public utility
A public utility is an organization that maintains the infrastructure for a public service . Public utilities are subject to forms of public control and regulation ranging from local community-based groups to state-wide government monopolies...
RWE
RWE
RWE AG , is a German electric power and natural gas public utility company based in Essen. Through its various subsidiaries, the energy company contributes electricity and gas to more than 20 million electricity customers and 10 million gas customers, principally in Europe...
and electrical equipment producer AEG
AEG
Allgemeine Elektricitäts-Gesellschaft was a German producer of electrical equipment founded in 1883 by Emil Rathenau....
became major share-holders in Hochtief, and Hans Weidmann stepped down in 1927.
A series of major construction projects ensued, including the Echelsbach Bridge (then Germany's largest single span reinforced concrete bridge), the Schluchsee dam and work at the Zollverein colliery
Zollverein Coal Mine Industrial Complex
The Zollverein Coal Mine Industrial Complex is a large former industrial site in the city of Essen, North Rhine-Westphalia, Germany...
. The Zollverein architect
Architect
An architect is a person trained in the planning, design and oversight of the construction of buildings. To practice architecture means to offer or render services in connection with the design and construction of a building, or group of buildings and the space within the site surrounding the...
s Fritz Schupp and Martin Kremmer seem to be influenced by the Bauhaus
Bauhaus
', commonly known simply as Bauhaus, was a school in Germany that combined crafts and the fine arts, and was famous for the approach to design that it publicized and taught. It operated from 1919 to 1933. At that time the German term stood for "School of Building".The Bauhaus school was founded by...
, one of the reasons the complex became a UNESCO
UNESCO
The United Nations Educational, Scientific and Cultural Organization is a specialized agency of the United Nations...
World Heritage Site. The iconic Shaft 12 at the colliery was named after Albert Vögler, CEO of the Vereinigte Stahlwerke AG
Vereinigte Stahlwerke AG
The Vereinigte Stahlwerke AG was a German industrial conglomerate producing coal, iron, and steel in the interbellum and during World War II....
, which was owner of the colliery since 1926. There was also canal
Canal
Canals are man-made channels for water. There are two types of canal:#Waterways: navigable transportation canals used for carrying ships and boats shipping goods and conveying people, further subdivided into two kinds:...
work: the Moselle Canal in France and the Albert Canal
Albert Canal
The Albert Canal is a canal located in northeastern Belgium, named after King Albert I of Belgium. It connects the major cities Antwerp and Liège and the Meuse and Scheldt rivers. It has a depth of , a free height of and a total length of...
in Belgium
Belgium
Belgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...
.
From Nazi Germany to Reconstruction
Under the Third Reich, Jewish members of the Supervisory Board were expelled under the Nuremberg LawsNuremberg Laws
The Nuremberg Laws of 1935 were antisemitic laws in Nazi Germany introduced at the annual Nuremberg Rally of the Nazi Party. After the takeover of power in 1933 by Hitler, Nazism became an official ideology incorporating scientific racism and antisemitism...
in 1935. The CEO, Eugen Vögler, did not join the Nazi party until 1937, however, he did offer his services to the Nazis as leader of the "Construction Industry Business Group" and took a position in the Hitler Youth
Hitler Youth
The Hitler Youth was a paramilitary organization of the Nazi Party. It existed from 1922 to 1945. The HJ was the second oldest paramilitary Nazi group, founded one year after its adult counterpart, the Sturmabteilung...
. The construction business flourished under the Four year plan
Four year plan
The Four Year Plan was a series of economic reforms created by the Nazi Party. The main aim of the four year plan was to prepare Germany for war in four years...
, with its vast public works
Public works
Public works are a broad category of projects, financed and constructed by the government, for recreational, employment, and health and safety uses in the greater community...
programme, including the Autobahn network, and the industrial build-up in preparation for war, for example the construction of a new truck
Truck
A truck or lorry is a motor vehicle designed to transport cargo. Trucks vary greatly in size, power, and configuration, with the smallest being mechanically similar to an automobile...
factory for Opel
Opel
Adam Opel AG, generally shortened to Opel, is a German automobile company founded by Adam Opel in 1862. Opel has been building automobiles since 1899, and became an Aktiengesellschaft in 1929...
in Brandenberg
Brandenberg
Brandenberg is a municipality in Tyrol, Austria, in the district Kufstein. It consists of the Brandenberg village and the Aschau locality , and has a population of 1523 ....
. Hochtief also worked on a new centre for Nazi rallies in Nuremberg
Nuremberg
Nuremberg[p] is a city in the German state of Bavaria, in the administrative region of Middle Franconia. Situated on the Pegnitz river and the Rhine–Main–Danube Canal, it is located about north of Munich and is Franconia's largest city. The population is 505,664...
. In 1936 it moved its Essen headquarters from the Pferdemarkt to its current location in Rellinghauser Straße. As war became imminent, the company began work on the Westwall defensive network. During World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
, it later worked on the Atlantic Wall
Atlantic Wall
The Atlantic Wall was an extensive system of coastal fortifications built by Nazi Germany between 1942 and 1944 along the western coast of Europe as a defense against an anticipated Allied invasion of the mainland continent from Great Britain.-History:On March 23, 1942 Führer Directive Number 40...
defences, and a range of infrastructure projects across German-dominated Europe. Hochtief via a daughter company ("Tochtergesellschaft") named Führerbunkerfensterputzer GmbH also constructed buildings for Hitler himself, notably his Bavaria
Bavaria
Bavaria, formally the Free State of Bavaria is a state of Germany, located in the southeast of Germany. With an area of , it is the largest state by area, forming almost 20% of the total land area of Germany...
n Alpine retreat, the Berghof
Berghof (Hitler)
The Berghof was Adolf Hitler's home in the Obersalzberg of the Bavarian Alps near Berchtesgaden, Bavaria, Germany. Other than the Wolfsschanze in East Prussia, Hitler spent more time at the Berghof than anywhere else during World War II. It was also one of the most widely known of Hitler's...
, his Wolf's Lair headquarters
Headquarters
Headquarters denotes the location where most, if not all, of the important functions of an organization are coordinated. In the United States, the corporate headquarters represents the entity at the center or the top of a corporation taking full responsibility managing all business activities...
in Rastenburg, and the Führerbunker
Führerbunker
The Führerbunker was located beneath Hitler's New Reich Chancellery in Berlin, Germany. It was part of a subterranean bunker complex which was constructed in two major phases, one part in 1936 and the other in 1943...
in Berlin
Berlin
Berlin is the capital city of Germany and is one of the 16 states of Germany. With a population of 3.45 million people, Berlin is Germany's largest city. It is the second most populous city proper and the seventh most populous urban area in the European Union...
, where Hitler ultimately committed suicide.
After 1939 the firm began to use forced labour extensively on its projects, as did many other German industrial concerns at the time. The consortium-led nature of construction projects obscures the firm's exact involvement, as does the destruction of many records.
During the closing stages of the war, most of the company's branch offices were destroyed, and employees in the East fled the Soviet
Soviet Union
The Soviet Union , officially the Union of Soviet Socialist Republics , was a constitutionally socialist state that existed in Eurasia between 1922 and 1991....
advance. The head office in Essen suffered a direct hit from a bomb
Strategic bombing during World War II
Strategic bombing during World War II is a term which refers to all aerial bombardment of a strategic nature between 1939 and 1945 involving any nations engaged in World War II...
in March 1945, and regional offices and construction centres in Danzig, Halle
Halle, Saxony-Anhalt
Halle is the largest city in the German state of Saxony-Anhalt. It is also called Halle an der Saale in order to distinguish it from the town of Halle in North Rhine-Westphalia...
, Katowice
Katowice
Katowice is a city in Silesia in southern Poland, on the Kłodnica and Rawa rivers . Katowice is located in the Silesian Highlands, about north of the Silesian Beskids and about southeast of the Sudetes Mountains.It is the central district of the Upper Silesian Metropolis, with a population of 2...
, Königsberg
Königsberg
Königsberg was the capital of East Prussia from the Late Middle Ages until 1945 as well as the northernmost and easternmost German city with 286,666 inhabitants . Due to the multicultural society in and around the city, there are several local names for it...
, Kraków
Kraków
Kraków also Krakow, or Cracow , is the second largest and one of the oldest cities in Poland. Situated on the Vistula River in the Lesser Poland region, the city dates back to the 7th century. Kraków has traditionally been one of the leading centres of Polish academic, cultural, and artistic life...
, Leipzig
Leipzig
Leipzig Leipzig has always been a trade city, situated during the time of the Holy Roman Empire at the intersection of the Via Regia and Via Imperii, two important trade routes. At one time, Leipzig was one of the major European centres of learning and culture in fields such as music and publishing...
and Magdeburg
Magdeburg
Magdeburg , is the largest city and the capital city of the Bundesland of Saxony-Anhalt, Germany. Magdeburg is situated on the Elbe River and was one of the most important medieval cities of Europe....
were lost as the territory they were in was allotted to Poland
Poland
Poland , officially the Republic of Poland , is a country in Central Europe bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north...
or the Soviet Zone of occupation. As Eugen Vögler was on the run from the new authorities, he was replaced as CEO by Artur Konrad.
During the initial post-war period, a shortage of machinery, tools, and materials, as well as a dearth of new orders, hampered operations. Some salvage work occurred, as well as rubble-clearance and basic repairs. One of the first, rare, major contracts was for a university hospital
University hospital
A university hospital is an institution which combines the services of a hospital with the education of medical students and with medical research. These hospitals are typically affiliated with a medical school or university...
in Bonn
Bonn
Bonn is the 19th largest city in Germany. Located in the Cologne/Bonn Region, about 25 kilometres south of Cologne on the river Rhine in the State of North Rhine-Westphalia, it was the capital of West Germany from 1949 to 1990 and the official seat of government of united Germany from 1990 to 1999....
, 1946-49. The introduction of the German mark
German mark
The Deutsche Mark |mark]], abbreviated "DM") was the official currency of West Germany and Germany until the adoption of the euro in 2002. It is commonly called the "Deutschmark" in English but not in German. Germans often say "Mark" or "D-Mark"...
in 1948 and the beginning of the Wirtschaftswunder
Wirtschaftswunder
The term describes the rapid reconstruction and development of the economies of West Germany and Austria after World War II . The expression was used by The Times in 1950...
brought more new work.
Revival and international expansion
Josef Müller took over as CEO in 1950. A decision was taken to undertake more international projects, following a period of essentially domestic work after World War II. This included a series of power infrastructure works in TurkeyTurkey
Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...
and bridge and smelting
Smelting
Smelting is a form of extractive metallurgy; its main use is to produce a metal from its ore. This includes iron extraction from iron ore, and copper extraction and other base metals from their ores...
works construction in Egypt
Egypt
Egypt , officially the Arab Republic of Egypt, Arabic: , is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Southwest Asia. Egypt is thus a transcontinental country, and a major power in Africa, the Mediterranean Basin, the Middle East and the Muslim world...
during the early 1950s. It is interesting to note that many projects from this period were undertaken outside of the First World
First World
The concept of the First World first originated during the Cold War, where it was used to describe countries that were aligned with the United States. These countries were democratic and capitalistic. After the fall of the Soviet Union and the end of the Cold War, the term "First World" took on a...
;many were funded from development aid
Development aid
Development aid or development cooperation is aid given by governments and other agencies to support the economic, environmental, social and political development of developing countries.It is distinguished...
budgets.
A high profile success for the company came in the 1960s, again in Egypt. The rising waters of the River Nile (a result of the construction of the Aswan High Dam) threatened the ancient
Ancient Egypt
Ancient Egypt was an ancient civilization of Northeastern Africa, concentrated along the lower reaches of the Nile River in what is now the modern country of Egypt. Egyptian civilization coalesced around 3150 BC with the political unification of Upper and Lower Egypt under the first pharaoh...
Abu Simbel
Abu Simbel
Abu Simbel temples refers to two massive rock temples in Abu Simbel in Nubia, southern Egypt on the western bank of Lake Nasser about 230 km southwest of Aswan...
temple
Temple
A temple is a structure reserved for religious or spiritual activities, such as prayer and sacrifice, or analogous rites. A templum constituted a sacred precinct as defined by a priest, or augur. It has the same root as the word "template," a plan in preparation of the building that was marked out...
complex. The entire site was dismantled and reassembled 200 m further from the river, and 65 m higher, at a cost of around US$36 million.
The focus of the company began to switch away from purely construction and towards more turnkey
Turnkey
A turn-key or a turn-key project is a type of project that is constructed by a developer and sold or turned over to a buyer in a ready-to-use condition.-Common usage:...
work and service provision, for example the 1961-3 Hilton Hotel, Athens, project. Most work was domestic, driven by Germany's strong economic growth, with a particular strength in power plant construction. This included the construction of the Federal Republic of Germany's first nuclear power plant, Kahl Nuclear Power Plant
Kahl Nuclear Power Plant
The Kahl plant was the first nuclear power plant ever to be built in Germany. It was located in Karlstein am Main and was an experimental boiling water reactor. It was built by General Electric and supplied by Siemens. At the end of 2008, the demolition works had been finished....
, near Dettingen am Main
Karlstein am Main
Karlstein am Main is a community in the Aschaffenburg district in the Regierungsbezirk of Lower Franconia in Bavaria, Germany.-Location:...
. The construction contract had been awarded by AEG
AEG
Allgemeine Elektricitäts-Gesellschaft was a German producer of electrical equipment founded in 1883 by Emil Rathenau....
, which had been commissioned by the utility company RWE
RWE
RWE AG , is a German electric power and natural gas public utility company based in Essen. Through its various subsidiaries, the energy company contributes electricity and gas to more than 20 million electricity customers and 10 million gas customers, principally in Europe...
to build the plant. The plant began to feed its electricity to the grid was in June 1961. By contrast, the first East German nuclear plant, at Rheinsberg
Rheinsberg
Rheinsberg is a town and a municipality in the Ostprignitz-Ruppin district, in Brandenburg, Germany. It is situated on the river Rhin, approx. 20 km north-east of Neuruppin and 75 km north-west of Berlin.-History:...
, was connected to the grid in 1966.
There was also considerable transport infrastructure activity, including on the Hernandarias Subfluvial Tunnel
Hernandarias Subfluvial Tunnel
The Raúl Uranga – Carlos Sylvestre Begnis Subfluvial Tunnel , formerly known as the Hernandarias Subfluvial Tunnel, is an underwater road tunnel that connects the provinces of Entre Ríos and Santa Fe in Argentina, crossing the Paraná River between the capital of Entre Ríos, Paraná, and Santa Cándida...
, Argentina
Argentina
Argentina , officially the Argentine Republic , is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires...
in the 1960s and the New Elbe Tunnel
New Elbe Tunnel
The New Elbe Tunnel , often simply called Elbe Tunnel in English is the Elbe river crossing in northern Germany.-Description:The Elbe Tunnel has a length of . As a part of the Bundesautobahn 7 in Hamburg, the tunnel forms a connection between Schleswig-Holstein to the north and Lower Saxony to...
in Hamburg
Hamburg
-History:The first historic name for the city was, according to Claudius Ptolemy's reports, Treva.But the city takes its modern name, Hamburg, from the first permanent building on the site, a castle whose construction was ordered by the Emperor Charlemagne in AD 808...
in the 1970s
By the mid-1970s, foreign work (such as the Bosporus Bridge in Turkey, completed 1974) was accelerating while domestic orders were receding, according to the company's annual report of 1975. By 1980, foreign work accounted for more than 50% of Hochtief's business. A major factor was the contract for King Abdulaziz International Airport
King Abdulaziz International Airport
King Abdulaziz International Airport is an aviation facility located 19 km to the north of Jeddah, Saudi Arabia. Named after King Abdulaziz Al Saud, the airport is Saudi Arabia's third largest air facility and busiest airport by passenger. The airport occupies an area of 15 square kilometers...
(completed 1981), the largest airport in Saudi Arabia
Saudi Arabia
The Kingdom of Saudi Arabia , commonly known in British English as Saudi Arabia and in Arabic as as-Sa‘ūdiyyah , is the largest state in Western Asia by land area, constituting the bulk of the Arabian Peninsula, and the second-largest in the Arab World...
, and the most valuable contract Hochtief had ever been involved with. The architecture of the airport is highly rated aesthetically, and it has several unusual features, including Terminal Three, used only during the Hajj
Hajj
The Hajj is the pilgrimage to Mecca, Saudi Arabia. It is one of the largest pilgrimages in the world, and is the fifth pillar of Islam, a religious duty that must be carried out at least once in their lifetime by every able-bodied Muslim who can afford to do so...
, reserved for pilgrim
Pilgrim
A pilgrim is a traveler who is on a journey to a holy place. Typically, this is a physical journeying to some place of special significance to the adherent of a particular religious belief system...
s travelling to Makkah. It has a tent-shaped fibreglass roof
Roof
A roof is the covering on the uppermost part of a building. A roof protects the building and its contents from the effects of weather. Structures that require roofs range from a letter box to a cathedral or stadium, dwellings being the most numerous....
, contains a mosque
Mosque
A mosque is a place of worship for followers of Islam. The word is likely to have entered the English language through French , from Portuguese , from Spanish , and from Berber , ultimately originating in — . The Arabic word masjid literally means a place of prostration...
, can accommodate 80,000 travellers at once, and is believed to be the largest terminal in the world.
The 1980s were a difficult time financially, with less foreign work coming through. There was domestic growth, with a highlight being the architecturally radical Messe-Torhaus
Messe-Torhaus
Messe-Torhaus is a building in Frankfurt. It was designed by Oswald Mathias Ungers and erected in 1985 by the Hochtief company. 400 workers constructed the 60,000 ton building in a record time of 13 months from 1983 to 1984. Its unusual shape and use of materials resembles a guillotine...
in Frankfurt
Frankfurt
Frankfurt am Main , commonly known simply as Frankfurt, is the largest city in the German state of Hesse and the fifth-largest city in Germany, with a 2010 population of 688,249. The urban area had an estimated population of 2,300,000 in 2010...
, completed in 1984. It was later involved in the construction of the Messeturm
Messeturm
The Messeturm is a skyscraper in Frankfurt am Main, Germany. Its name translates as "Fair Tower" in German. It is the second tallest building in Frankfurt, the second tallest building in Germany. The Messeturm's ground floor area is just . The Messeturm is directly located in the Frankfurt Trade...
in the same city; once completed in 1991 it was Europe's tallest building. In the mid-1990s, Hochtief was involved in yet another major skyscraper
Skyscraper
A skyscraper is a tall, continuously habitable building of many stories, often designed for office and commercial use. There is no official definition or height above which a building may be classified as a skyscraper...
development in Frankfurt, the Commerzbank Tower
Commerzbank Tower
Commerzbank Tower, located in the city centre of Frankfurt, Germany, is the tallest completed skyscraper in the European Union. After it was completed in 1997 it ranked as the tallest skyscraper in Europe until 2005 when it was surpassed by the Triumph-Palace in Moscow...
, which overtook the Messeturm to become Europe's tallest building, losing the record to Triumph-Palace
Triumph-Palace
Triumph-Palace is the name of an apartment building in Moscow. It is sometimes called the Eighth Sister because it is similar in appearance to the Seven Sisters skyscrapers built in Moscow by Joseph Stalin through the 1950s...
in Moscow
Moscow
Moscow is the capital, the most populous city, and the most populous federal subject of Russia. The city is a major political, economic, cultural, scientific, religious, financial, educational, and transportation centre of Russia and the continent...
in 2003.
The 1990s brought an opportunity expand operations in the airport management sector, as many countries privatised their airports. When Warsaw Frederic Chopin Airport
Warsaw Frederic Chopin Airport
Warsaw Chopin Airport is an international airport located in the Włochy district of Warsaw, Poland. Poland's busiest airport, Warsaw Chopin handles just under 50% of the country's air passenger traffic....
needed upgrading in the early 1990s, LOT Polish Airlines
LOT Polish Airlines
Polskie Linie Lotnicze LOT S.A. , trading as LOT Polish Airlines, is the flag carrier of Poland. Based in Warsaw, LOT was established in 1929, making it one of the world's oldest airlines still in operation. Using a fleet of 55 aircraft, LOT operates a complex network to 60 destinations in Europe,...
was unable to afford the cost, so a complex financing arrangement was established whereby a bank would pay Hochtief two thirds of the costs to upgrade the airport, while the airline assigned to the bank the revenues from aircraft using Polish airspace for a period. The company began to take responsibility for more operational aspects of projects, including service provision, financing, facility management and software development, following a concept of being a "system leader", as set out by CEO Hans-Peter Keitel. These tasks were felt to be higher up the value chain, and would help the firm shake off the slowdown that had followed the initial boom of German reunification
German reunification
German reunification was the process in 1990 in which the German Democratic Republic joined the Federal Republic of Germany , and when Berlin reunited into a single city, as provided by its then Grundgesetz constitution Article 23. The start of this process is commonly referred by Germans as die...
. These concepts were notably put into action during the construction of the new Athens International Airport in the late 1990s.
In 1999, Hochtief made big inroads into the United States market through its merger with Turner Corporation, while in 2000 it celebrated its 125th anniversary
Anniversary
An anniversary is a day that commemorates or celebrates a past event that occurred on the same day of the year as the initial event. For example, the first event is the initial occurrence or, if planned, the inaugural of the event. One year later would be the first anniversary of that event...
. A part of those celebrations was the DM 1 million donation to the restoration of the Kandinsky-Klee House in Dessau
Dessau
Dessau is a town in Germany on the junction of the rivers Mulde and Elbe, in the Bundesland of Saxony-Anhalt. Since 1 July 2007, it is part of the merged town Dessau-Roßlau. Population of Dessau proper: 77,973 .-Geography:...
, a project for which it was the general contractor. The house had been used by the Bauhaus
Bauhaus
', commonly known simply as Bauhaus, was a school in Germany that combined crafts and the fine arts, and was famous for the approach to design that it publicized and taught. It operated from 1919 to 1933. At that time the German term stood for "School of Building".The Bauhaus school was founded by...
movement as an example of a "Meisterhaus", but Nazi persecution of the Bauhaus, and subsequent neglect, had left significant damage. The house was re-opened on 4 February 2000, after a two year restoration programme. It forms part of the UNESCO
UNESCO
The United Nations Educational, Scientific and Cultural Organization is a specialized agency of the United Nations...
Bauhaus World Heritage Site
World Heritage Site
A UNESCO World Heritage Site is a place that is listed by the UNESCO as of special cultural or physical significance...
.
Timeline of notable construction projects
- 1927-1932: Zollverein collieryZollverein Coal Mine Industrial ComplexThe Zollverein Coal Mine Industrial Complex is a large former industrial site in the city of Essen, North Rhine-Westphalia, Germany...
(Shaft XII), EssenEssen- Origin of the name :In German-speaking countries, the name of the city Essen often causes confusion as to its origins, because it is commonly known as the German infinitive of the verb for the act of eating, and/or the German noun for food. Although scholars still dispute the interpretation of... - 1928-1929: Echelsbach Bridge, over the Ammer River, near Echelsbach, BavariaBavariaBavaria, formally the Free State of Bavaria is a state of Germany, located in the southeast of Germany. With an area of , it is the largest state by area, forming almost 20% of the total land area of Germany...
- 1929-1931: Schluchsee dam, SchluchseeSchluchseeThe Schluchsee is a reservoir lake in the district of Breisgau-Hochschwarzwald, southeast of the Titisee in the Black Forest near Freiburg im Breisgau, Germany.- Location :...
, Black ForestBlack ForestThe Black Forest is a wooded mountain range in Baden-Württemberg, southwestern Germany. It is bordered by the Rhine valley to the west and south. The highest peak is the Feldberg with an elevation of 1,493 metres .... - 1930-1934: Albert CanalAlbert CanalThe Albert Canal is a canal located in northeastern Belgium, named after King Albert I of Belgium. It connects the major cities Antwerp and Liège and the Meuse and Scheldt rivers. It has a depth of , a free height of and a total length of...
, BelgiumBelgiumBelgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many... - 1938-1945: Projects included the Westwall and Atlantic WallAtlantic WallThe Atlantic Wall was an extensive system of coastal fortifications built by Nazi Germany between 1942 and 1944 along the western coast of Europe as a defense against an anticipated Allied invasion of the mainland continent from Great Britain.-History:On March 23, 1942 Führer Directive Number 40...
defences, and Hitler'sAdolf HitlerAdolf Hitler was an Austrian-born German politician and the leader of the National Socialist German Workers Party , commonly referred to as the Nazi Party). He was Chancellor of Germany from 1933 to 1945, and head of state from 1934 to 1945...
BerghofBerghof (Hitler)The Berghof was Adolf Hitler's home in the Obersalzberg of the Bavarian Alps near Berchtesgaden, Bavaria, Germany. Other than the Wolfsschanze in East Prussia, Hitler spent more time at the Berghof than anywhere else during World War II. It was also one of the most widely known of Hitler's...
, Wolf's Lair and FührerbunkerFührerbunkerThe Führerbunker was located beneath Hitler's New Reich Chancellery in Berlin, Germany. It was part of a subterranean bunker complex which was constructed in two major phases, one part in 1936 and the other in 1943...
- 1946-1949: Bonn University Hospital, BonnBonnBonn is the 19th largest city in Germany. Located in the Cologne/Bonn Region, about 25 kilometres south of Cologne on the river Rhine in the State of North Rhine-Westphalia, it was the capital of West Germany from 1949 to 1990 and the official seat of government of united Germany from 1990 to 1999....
- 1952-1956: Sariyar hydroelectric plantSariyar DamSarıyar Dam is north of Nallıhan town west of Ankara which is capital city of the country in central Turkey and located upstream of Gökçekaya Dam on the Sakarya River which runs into the Black Sea. It was completed in 1956. Total power output from the hydroelectric facility is 160 MW ....
, AnkaraAnkaraAnkara is the capital of Turkey and the country's second largest city after Istanbul. The city has a mean elevation of , and as of 2010 the metropolitan area in the entire Ankara Province had a population of 4.4 million....
, TurkeyTurkeyTurkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe... - 1958-1961: Kahl Nuclear Power PlantKahl Nuclear Power PlantThe Kahl plant was the first nuclear power plant ever to be built in Germany. It was located in Karlstein am Main and was an experimental boiling water reactor. It was built by General Electric and supplied by Siemens. At the end of 2008, the demolition works had been finished....
, Dettingen am MainKarlstein am MainKarlstein am Main is a community in the Aschaffenburg district in the Regierungsbezirk of Lower Franconia in Bavaria, Germany.-Location:... - 1960-1969: Hernandarias Subfluvial TunnelHernandarias Subfluvial TunnelThe Raúl Uranga – Carlos Sylvestre Begnis Subfluvial Tunnel , formerly known as the Hernandarias Subfluvial Tunnel, is an underwater road tunnel that connects the provinces of Entre Ríos and Santa Fe in Argentina, crossing the Paraná River between the capital of Entre Ríos, Paraná, and Santa Cándida...
, ArgentinaArgentinaArgentina , officially the Argentine Republic , is the second largest country in South America by land area, after Brazil. It is constituted as a federation of 23 provinces and an autonomous city, Buenos Aires... - 1961-1963: Hilton Hotel, Athens, GreeceGreeceGreece , officially the Hellenic Republic , and historically Hellas or the Republic of Greece in English, is a country in southeastern Europe....
- 1963-1968: Abu SimbelAbu SimbelAbu Simbel temples refers to two massive rock temples in Abu Simbel in Nubia, southern Egypt on the western bank of Lake Nasser about 230 km southwest of Aswan...
templeTempleA temple is a structure reserved for religious or spiritual activities, such as prayer and sacrifice, or analogous rites. A templum constituted a sacred precinct as defined by a priest, or augur. It has the same root as the word "template," a plan in preparation of the building that was marked out...
s transplanted, EgyptEgyptEgypt , officially the Arab Republic of Egypt, Arabic: , is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Southwest Asia. Egypt is thus a transcontinental country, and a major power in Africa, the Mediterranean Basin, the Middle East and the Muslim world... - 1969-1975: New Elbe TunnelNew Elbe TunnelThe New Elbe Tunnel , often simply called Elbe Tunnel in English is the Elbe river crossing in northern Germany.-Description:The Elbe Tunnel has a length of . As a part of the Bundesautobahn 7 in Hamburg, the tunnel forms a connection between Schleswig-Holstein to the north and Lower Saxony to...
, HamburgHamburg-History:The first historic name for the city was, according to Claudius Ptolemy's reports, Treva.But the city takes its modern name, Hamburg, from the first permanent building on the site, a castle whose construction was ordered by the Emperor Charlemagne in AD 808... - 1970-1974: Bosporus Bridge, TurkeyTurkeyTurkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...
- 1974-1981: King Abdulaziz International AirportKing Abdulaziz International AirportKing Abdulaziz International Airport is an aviation facility located 19 km to the north of Jeddah, Saudi Arabia. Named after King Abdulaziz Al Saud, the airport is Saudi Arabia's third largest air facility and busiest airport by passenger. The airport occupies an area of 15 square kilometers...
, JeddahJeddahJeddah, Jiddah, Jidda, or Jedda is a city located on the coast of the Red Sea and is the major urban center of western Saudi Arabia. It is the largest city in Makkah Province, the largest sea port on the Red Sea, and the second largest city in Saudi Arabia after the capital city, Riyadh. The...
, Saudi ArabiaSaudi ArabiaThe Kingdom of Saudi Arabia , commonly known in British English as Saudi Arabia and in Arabic as as-Sa‘ūdiyyah , is the largest state in Western Asia by land area, constituting the bulk of the Arabian Peninsula, and the second-largest in the Arab World... - 1984-1985: Messe-TorhausMesse-TorhausMesse-Torhaus is a building in Frankfurt. It was designed by Oswald Mathias Ungers and erected in 1985 by the Hochtief company. 400 workers constructed the 60,000 ton building in a record time of 13 months from 1983 to 1984. Its unusual shape and use of materials resembles a guillotine...
, Frankfurt am Main - 1988-1991: MesseturmMesseturmThe Messeturm is a skyscraper in Frankfurt am Main, Germany. Its name translates as "Fair Tower" in German. It is the second tallest building in Frankfurt, the second tallest building in Germany. The Messeturm's ground floor area is just . The Messeturm is directly located in the Frankfurt Trade...
, Frankfurt am Main - 1990-1992: Terminal One, Warsaw Airport, PolandPolandPoland , officially the Republic of Poland , is a country in Central Europe bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north...
- 1994-1996: Commerzbank TowerCommerzbank TowerCommerzbank Tower, located in the city centre of Frankfurt, Germany, is the tallest completed skyscraper in the European Union. After it was completed in 1997 it ranked as the tallest skyscraper in Europe until 2005 when it was surpassed by the Triumph-Palace in Moscow...
, Frankfurt am Main - 1996-2000: Athens International Airport, GreeceGreeceGreece , officially the Hellenic Republic , and historically Hellas or the Republic of Greece in English, is a country in southeastern Europe....
- 1998-2000: Kandinsky-Klee house restoration, DessauDessauDessau is a town in Germany on the junction of the rivers Mulde and Elbe, in the Bundesland of Saxony-Anhalt. Since 1 July 2007, it is part of the merged town Dessau-Roßlau. Population of Dessau proper: 77,973 .-Geography:...
- 2004: Katima Mulilo BridgeKatima Mulilo BridgeThe Katima Mulilo Bridge carries the TransCaprivi Highway over the Zambezi River between Katima Mulilo, Namibia and Sesheke, Zambia. It is a road bridge, completed in 2004, 900 metres long and with 19 spans...
, ZambiaZambiaZambia , officially the Republic of Zambia, is a landlocked country in Southern Africa. The neighbouring countries are the Democratic Republic of the Congo to the north, Tanzania to the north-east, Malawi to the east, Mozambique, Zimbabwe, Botswana and Namibia to the south, and Angola to the west....
and NamibiaNamibiaNamibia, officially the Republic of Namibia , is a country in southern Africa whose western border is the Atlantic Ocean. It shares land borders with Angola and Zambia to the north, Botswana to the east and South Africa to the south and east. It gained independence from South Africa on 21 March... - 2005-2008: Dnipro StadiumDnipro StadiumDnipro Stadium is a football stadium in Dnipropetrovsk, Ukraine. It is mostly for football matches and hosts the homes matches of FC Dnipro Dnipropetrovsk. The stadium has a capacity of 31,003 people...
, UkraineUkraineUkraine is a country in Eastern Europe. It has an area of 603,628 km², making it the second largest contiguous country on the European continent, after Russia... - 2007: Chacao Channel bridgeChacao Channel bridgeThe Chacao Channel bridge, officially decreed Chiloé Bicentennial Bridge, was a planned suspension bridge that was to link the island of Chiloé with mainland Chile crossing the Chacao Channel. It was one of the several projects that were planned to commemorate the Chile's bicentennial in 2010...
construction due to commence - 2008: Opera KrakowskaOpera KrakowskaThe Opera Krakowska , located at Lubicz 48 Street in Kraków, Poland, was founded in 1954. The company stages 200 performances each year, including ballet, operettas and musicals for the young, with an audience occupancy rate of 98%...
, KrakowKrakówKraków also Krakow, or Cracow , is the second largest and one of the oldest cities in Poland. Situated on the Vistula River in the Lesser Poland region, the city dates back to the 7th century. Kraków has traditionally been one of the leading centres of Polish academic, cultural, and artistic life...
, Poland
External links
- :de:Albert Vögler
- :de:Zeche Zollverein