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The walter building AG was one of the large German building companies.
The enterprise became 1962 by Augsburger the building contractor Professor Dr. h.c. Ignaz walter based.
On 1 February 2005 those placed the request for opening of the insolvency procedure to walter building AG with the district court Augsburg. Further insolvency requests were placed on 4 February 2005 for eleven subsidiaries. At the end the building company became victim of a missed of its name giver.
The enterprise STRABAG took over the again-created DYWIDAG getting thing GmbH on 1 April 2005 and guaranteed so the continuation of a core range of the enterprise. Of the 6800 places the walter 800 remains building AG for the time being.
The insolvency procedure was opened on 1 April 2005. For the insolvency manager chartered accoutant Werner cutter, SKP partner company, was intended new Ulm. The first creditors' meeting took place in June 2005.
The international building company was in all building ranges actively in particular in the building of ready for occupancy, civil engineering, linking up and Geotechnik, traffic engineering as well as in the project development active. The company busy world-wide approximately 9,367 coworkers, of it 6,888 in Germany, and obtained 2004 building works and supplies of 3,283 billion euro. This strong concentration on the difficult German building market is seen as one of the causes for the insolvency of the company.
Outstanding construction measures of the last years:
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