TD Trump Deutschland AG (German for "TD Trump Germany AG") was a venture by

Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party (United States), Republican Party, he served as the 45 ...

planning to trade and build skyscrapers in Germany. In cooperation with Marseille-Kliniken Hamburg,

The Trump Organization The Trump Organization, Inc. is an American Conglomerate (company), conglomerate. Privately owned by Donald Trump, it serves as the holding company for most of Business career of Donald Trump, Trump's business ventures and investments, with ar ...

agreed in August 2000 to found TD Trump Deutschland AG with a common capital stock of , split equally as 2 million for each partner company. TD Trump Deutschland AG initially planned to build a residential tower in Berlin's central

Alexanderplatz (, ''Alexander Square'') is a large public square and transport hub in the central Mitte district of Berlin. The square is named after the Russian Tsar Alexander I, which also denotes the larger neighbourhood stretching from in the north-ea ...

area. Trump's German business partner Hans Ulrich Gruber described Trump's aim as "to build a bridge between Berlin and New York." However, his plan for the tallest building in Germany in the capital city was stymied by Berlin's relatively low (150 m) limit for new building height. The company settled on Pragsattel (

Stuttgart Stuttgart (; ; Swabian German, Swabian: ; Alemannic German, Alemannic: ; Italian language, Italian: ; ) is the capital city, capital and List of cities in Baden-Württemberg by population, largest city of the States of Germany, German state of ...

) for the

construction Construction are processes involved in delivering buildings, infrastructure, industrial facilities, and associated activities through to the end of their life. It typically starts with planning, financing, and design that continues until the a ...

of what was to be a 55-story (220 m tall) building named Trump Tower, which would have been the highest building in south Germany. The project investment was estimated at 250 million Euro. Plans by architect Peter Paul Schweger for the project were presented in October 2001. In January 2003, the city of Stuttgart finally refused the permission to build the tower, foreseeing that TD Trump Deutschland AG could not solve its difficulties in securing necessary financing. The company was dissolved in April 2005.

Staff

* Ulrich Marseille, Trump's co-shareholder and the owner and founder of the Marseille Plastic Surgery Clinics in

Hamburg Hamburg (, ; ), officially the Free and Hanseatic City of Hamburg,. is the List of cities in Germany by population, second-largest city in Germany after Berlin and List of cities in the European Union by population within city limits, 7th-lar ...

. *

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

(Vorstand): Hans Ulrich Gruber (former CEO of

ThyssenKrupp ThyssenKrupp AG (, ; stylized as thyssenkrupp) is a German industrial engineering and steel production multinational conglomerate. It resulted from the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and E ...

) * Supervisory council (Aufsichtsrat): Ulrich Marseille (chair),

(vice chair),

George H. Ross George H. Ross (born January 6, 1928) is a former executive vice president and senior counsel of the Trump Organization. He is perhaps best known as one of Donald Trump's two advisors on the NBC reality television program ''The Apprentice (Ameri ...

, Dino S. Bradley, Estella-Maria Marseille, Hans-Hermann Tiedje

Lawsuits

TD Trump Deutschland AG brought a suit against the city of Stuttgart for compensation following the city's decision to rescind permission to build the tower. The company lost that lawsuit in 2004. On 22 December 2004, Marseille-Kliniken AG filed a lawsuit against the Trump Organization in the regional court of

Landgericht Berlin The Landgericht Berlin is a Judiciary of Germany, regional court in Berlin, divided into two divisions for civil and criminal cases. In the German court hierarchy, it is above the eleven local courts (Amtsgerichte) of the city and below the Kamme ...

. In the initial formation of the two companies' partnership, payment of the share capital of EUR 2 million by Trump Organization Inc. was pre-financed by Marseille-Kliniken AG. Subsequently, the suit claimed, the Trump Organization did not comply with its contractual obligations of the partnership formation. Marseille-Kliniken AG thus asked for repayment of the EUR 2 million it had pre-financed for Trump. The lawsuit was filed in New York. In June 2005 the German

state attorney In the United States, a district attorney (DA), county attorney, county prosecutor, state attorney, state's attorney, prosecuting attorney, commonwealth's attorney, or solicitor is the chief prosecutor or chief law enforcement officer represen ...

prosecuted TD Trump Deutschland AG for alleged accounting fraud.

References

{{Trump businesses Real estate companies of Germany Assets owned by the Trump Organization Trump Deutschland Donald Trump litigation Trump Deutschland Business services companies established in 2000 German companies disestablished in 2005 Construction and civil engineering companies established in 2000 German companies established in 2000 Construction and civil engineering companies disestablished in 2005 Businesses of Donald Trump that went bankrupt

Staff

Lawsuits

See also

References