TD Trump Germany
| TD Trump Germany AG | |
|---|---|
| legal form | Corporation |
| founding | 2000 |
| resolution | 2005 |
| Seat | Berlin |
| management | Hans Ulrich Gruber , Ulrich Marseille , Donald Trump |
| Branch | property |
| As of October 30, 2016 | |
TD Trump Deutschland AG was a joint venture between Trump Inc. USA and Marseille-Kliniken Hamburg founded in August 2000 . The goal was the marketing of real estate under the name Trump and the construction of high-rise buildings. For this purpose, the company had the right to name for six years. According to its own account, the company, with share capital of 4 million euros, was funded half by Trump USA and half by Marseille-Kliniken. Hans Ulrich Gruber, a former board member of the Thyssen group, took over the management of the company . At the same time, Gruber was also CEO of TD Artos AG for the marketing of fund papers under the Trump logo, and chairman of the supervisory board of Marseille-Kliniken AG. Donald Trump left the board of directors in 2001. Trump USA's payment of 2 million euros into the joint venture was the subject of a legal dispute in New York between the two shareholders. The company was dissolved in April 2005. In June 2005, the public prosecutor's office investigated the allegation of falsification of the accounts against the Marseille-Kliniken, as they had to fully answer for TD Trump Germany as a wholly owned subsidiary of the company; Marseille denied the allegation by pointing out that Trump USA had been back as a shareholder with a 50 percent stake since August 2000.
After high-rise projects in Berlin and Frankfurt am Main failed in 2000/01 (see Millennium Tower ), activities were concentrated on Stuttgart, where the planning for a Trump Tower on the Pragsattel , with an investment of around 250 million euros, 55 floors and 220 Meters is the tallest building in southern Germany and the most advanced. The project was presented in May 2001 and a design by Peter Schweger in October 2001 . The projects received intensive press coverage in all three cities; in Stuttgart the newspapers doubted the extent of Donald Trump's involvement. The local council, which did not consider the financing to be secured, refused to approve the project on January 21, 2003 in a meeting of the decision-making committee for the environment and technology. A lawsuit was brought against the city to reimburse the planning costs.
The committees at the time when the project was actively being carried out in Stuttgart were made up as follows (the US representatives did not appear at the meetings):
|
Board
|
|
Supervisory board Representative Marseille-Kliniken |
Trump USA Representative |
supporting documents
- ↑ a b Marco Dalan: The Tower of Swabia. In: Die Welt , May 14, 2001.
- ↑ Thomas Durchdenwald: Series: Ablage P (4). The Trump Tower - an aerial number. In: Stuttgarter Zeitung , January 2, 2010 (page 2).
- ↑ Secondary stocks Marseille-Kliniken: share struggles for an upward trend. In: Frankfurter Allgemeine Zeitung , June 8, 2005.
- ↑ Sabine Beikler: Skyscrapers in Berlin: A Trump Tower for Alex. In: Der Tagesspiegel , November 8, 2000; Peter Brinkmann: Frankfurt wants to steal Berlin Trump Tower. In: Berliner Kurier , November 17, 2000; Trump Tower is being built in Frankfurt. In: Allgemeine Hotel- und Gastronomie-Zeitung , October 20, 2001.
- ^ Swantje-Britt Körner: Architecture. Europe's first Trump Tower relies on security. In: Frankfurter Allgemeine Zeitung , October 25, 2001.
- ↑ Stuttgart vs. Trump: court decides - no compensation for Trump. In: Shortnews , March 24, 2004.