PROFILE |
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AGIV-AG has a new attitude. In a major restructuring effort, AGIV-AG fur Industrie und Verkehrswesen (AGIV) has transformed itself from a diversified holding company into a real-estate developer and owner. The company recently sold all of its holdings in the machinery, measurement technology, construction, energy, and transportation sectors. AGIV-AG plans to merge with its one remaining subsidiary, Munchener Baugesellschaft (Mubau), to pursue project and property development, portfolio management, and real estate services. The company has targeted properties in the Berlin, Dresden, and Rhine-Main areas for purchase and development. BHF-Bank owns 49% of AGIV.
COMPETITION |
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Hines Interests L.P. (dossier)
Lum Chang Holdings Limited (LUCS)
MBK Real Estate, Ltd. (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 1,144.60
1-Yr. Sales Growth: (58.4)%
Employees: 18,262
Revenue per employee: $62,676.60
KEY PEOPLE |
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Udo G. Stark
CEO
CONTACT INFO |
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Wöhlerstrasse 10
D-60323 Frankfurt, Germany
Phone: 49-69-170-80-0
Fax: 49-69-170-80-8
Online: Web Site
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