Foundation

In May 1986, Ernst Raaflaub, Gruben, Gstaad and Simon Hählen, Gmündten, Gstaad founded the

RAHA Baggerbetrieb AG

Walter Jungen joined the company in April 1987 and became a co-shareholder. Before four years of business had passed, the two company founders decided to sell their shares to Walter Jungen. Involuntarily, he became the sole shareholder of RAHA Baggerbetrieb AG on January 1, 1990. In the summer of 1992, the name was then changed to

Jungen Baggerbetrieb und Transport AG