BAUER Aktiengesellschaft

Bauer wins contract to clear construction field and remediate contaminated soil for building project "HafenCity Hamburg"

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Schrobenhausen, 28. September 2006 - The city of Hamburg has awarded the construction and engineering company BAUER Aktiengesellschaft, which has been listed in official trading (Prime Standard) on the Frankfurt Stock Exchange since 4 July 2006 to clear the construction field and decontaminate soil of the area Grasbrook. Total volume of the order amounts to 18.5 million Euros, completion of the project is planned for fall 2007. Bauer acts as general contractor. BAUER Spezialtiefbau GmbH is going to build an excavation pit with diaphragm walls, BAUER environment group is going to remove contaminated soil and clean ground water at the site of the former gas work plant Grasbrook.  HafenCity Hamburg is one of the biggest urban-planning development projects in Germany. Within the framework of this project an area of about 1.5 million square metres will be restructured to build a new city quarter with a metropolitan mixture of living, cultural, tourism and trade elements.

About Bauer  Bauer is a global provider of construction services for special foundation engineering and associated work, and is an internationally leading supplier of machinery, equipment and tools for special foundation engineering and related services.  The company’s activities are divided into the two business segments of Construction and Engineering. The Construction segment includes special foundation engineering and related activities in the fields of environmental technology, building restoration, bridge construction and project development. Bauer’s Engineering segment offers a comprehensive range of machinery, equipment and tools for special foundation engineering. The BAUER group has a global presence, supplying its services and products through sales companies and networks. The BAUER group benefits from cooperation and synergy between its two business segments, enabling it to offer innovative and highly specialised complete solutions for demanding special foundation work including all of the required services and special machinery.  Founded over 200 years ago, The BAUER group today generates two thirds of its total output volume outside Germany. In 2005, the group posted a total output volume of EUR824 million (2004: EUR664 million) with a workforce of 5,000 employees.

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ots Originaltext: BAUER Aktiengesellschaft
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Further inquiry note:
Bettina Mestenhauser
Head of Corporate Communications & Investor Relations
BAUER Aktiengesellschaft
Wittelsbacherstraße 5
86529 Schrobenhausen
Tel.: +49 8252 97 1918
Fax: +49 8252 97 2900
Mobile: +49 171 755 9210

Branche: Construction & Property
ISIN:      DE0005168108
WKN:        516810
Index:    CDAX, Classic All Share, Prime All Share, SDAX
Börsen:  Frankfurter Wertpapierbörse / official dealing/prime standard
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade

Weitere Meldungen: BAUER Aktiengesellschaft

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