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These guarantees relate both to the mainstream construction business and to all construction-related services which HOCHTIEF is continuously expanding.
The guarantees are provided by HOCHTIEF Aktiengesellschaft on behalf of its subsidiaries and associated companies for their respective clients. In this way, the obligations agreed by the companies in their operative business are collateralized for the case of default of one of the companies.
Due to its good credit standing, the HOCHTIEF Group is in a position to meet such collateral requirements via Group guarantees.