Wolffkran And Streif Partnership

25 March 2008

Pictured, from left to right, are: Sigmund Przybilla, managing director, Streif Baulogistik Polska;

Pictured, from left to right, are: Sigmund Przybilla, managing director, Streif Baulogistik Polska; Dr. Peter Schiefer, managingpartner, Wolffkran; Czeslaw Legut, managing director, Streif Baulogistik

UKRAINE: Streif Baulogistik and Wolffkran have signed a marketing partnership agreement for the Ukrainian market. A fleet of tower cranes will be set up for hire in the Ukraine and Eastern Europe. Wolffkran will benefit from the Streif network and crane sales will be added at a later date.

“As with our partner HTC in England, we are opening up a new market, not by establishing a branch of our own but by collaboration with a service provider operating on an international scale,” said Peter Schiefer, Wolffkran managing partner.

Streif Baulogistik, a Hochtief subsidiary, is a construction service company offering construction site and other related infrastructure and logistic services. The logistics specialist aims to save customers time and money by offering combined services in construction site equipment, handling of all construction matters and optimizing construction site operations.

“In choosing Streif Baulogistik, we are backing a leading construction machinery hire company,” Schiefer said. “In 1994, we collaborated very effectivel y with Hochtief and Streif Baulogistik on t h e construction o f t h e Commerzbank in Frankfurt am Main. Since 2005, we have also been very successfully working with both companies on the terminal extension at Vienna airport. A joint endeavor in Ukraine will strengthen our well established partnership.”

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