До ть Exercise 1. Complete the text using the antonyms to the words in brackets (the first letter of the antonym is given).
The Philipp Holzmann Aktiengesellschaft

In 1849, Johann Philipp Holzmann (1) established (destroyed) a company in Sprendlingen, (2)
(far from) Frankfurt am Main, which initially undertook work in connection with the
construction of the railroads, but very (3)
(slowly) expanded its activities to (4) i
(exclude) all fields of building construction and (5) c (war) engineering The first (6)
(minor) foreign project was started in 1882, with the contract for Amsterdam's Central
Station
C
By the turn of the century, branch offices and regional offices had been established in numerous
locations throughout Germany. As (7) e (late) as 1885, Holzmann had more than 5,000
employees. Interesting activities from this period include the company's work on the Baghdad
railroad and railroad projects in east Africa
Hotzmann has passed through all forms of company organization,
organization, from (8) i
(collective) proprietorship via a limited and general partnership through to a GmbH (limited liability
company). The Philipp Holzmann Aktiengesellschaft (public limited company) was formed in 1917.
Companies founded by Holzmann were (9) a (passive) in South America
Even following the (10) 1 (gains) of manpower and assets during the Second Word War,
Holzmann was able, as early as 1950, to recommence its (11) f (domestic) activities.
1979 saw the acquisition of JA. Jones Construction company, of Charlotte, North Carolina, USA, a
major American corporation active in the construction field. This was followed in 1981 by the
(sale) of Lockwood Greene Engineers, Inc., Spartanburg, South Carolina, USA
Together with its USA subsidiaries Holzmann has responded to the changes occurring in the
construction industry with a (13) f (rigid) and versatile corporate strategy.

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