The statement was issued by Hochtief following media speculation that it might be interested in building the wall between the USA and Mexico.
It said: “At the business results press conference on February 28, Hochtief did not make any statement on the construction of a wall between the USA and Mexico. We explained that two American subsidiaries of Hochtief operate in this market. These companies decide on a case-by-case basis whether or not they tender for a contract. We emphasise that neither Hochtief nor our US-subsidiaries are pursuing plans to tender for this wall.
“Turner is the No 1 general builder in the US. Flatiron ranks among the most important players in the field of civil works, mainly in the transportation infrastructure. They are working in different market segments.”