1947–1963 Īfter the war there was a sharp decline in sales and the company was close to bankruptcy. The Martin Hilti Family Trust holds all of Hilti's registered shares as of 2003. He was also a voluntary Waffen-SS and functionary in the German National Movement in Liechtenstein as editor-in-chief for Der Umbruch. Martin Hilti was trained in mechanical engineering and automotive design at the Wismar Engineering College and was 26 at the time of founding the company. In 1941, the Hilti company was founded by Martin and Eugen Hilti, with the opening of a mechanical workshop in Schaan, Liechtenstein.
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