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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 Sites. 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 has 30 percent of Hochtief, launched in mid September, a bid that would allow ACS to have more than 50 percent of Hochtief. The goal of the ACS group, is to maintain the independence of Hochtief and its subsidiaries. |
