Roland Koch News
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Bilfinger SE, Germany’s second- biggest construction company, is considering a bid for the water technologies business that Siemens AG is selling, according to two people familiar with the matter.
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Bilfinger SE posted a 31 percent drop in first-quarter profit as Europe’s harsh winter and stuttering economy stunted earnings at Germany’s second-largest builder.
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Bilfinger SE Chief Executive Officer Roland Koch earned 2.3 million euros ($3 million) in his first full year heading Germany’s second-largest construction company.
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Roland Koch , who has governed the western German state of Hesse for 11 years, unexpectedly announced his resignation, depriving Chancellor Angela Merkel ’s party of one of its political heavyweights.
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Roland Koch, the outgoing deputy leader of Chancellor Angela Merkel’s party who served for 11 years as prime minister of Hesse state, said he doesn’t intend to return to front-line politics.
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Hochtief AG, Germany’s biggest builder, has hired BNP Paribas SA and Macquarie Group Ltd. to explore options for two of its property-development units, according to two people with knowledge of the matter.
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Bilfinger Berger SE , Germany’s second-largest construction company, may hire former Hesse state premier Roland Koch to succeed Chief Executive Officer Herbert Bodner , Handelsblatt reported today, citing unidentified politicians.
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Roland Koch, prime minister of the western German state of Hesse, will step down from his office on Aug. 31, he told reporters today in the state capital Wiesbaden. Koch has been state premier for over 11 years.
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Roland Koch, chief executive officer of Bilfinger Berger SE, may earn 2.1 million euros ($2.8 million) this year, adding 500 million euros to his 2011 paycheck, Wirtschaftswoche reported, citing the builder.
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Bilfinger SE forecast an increase in profit in 2013, driven by savings and demand for engineering work and services in the power industry.
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