The building is a part of the complex, which includes a lowrise 3 level business objects, an art installation, and a fountain.

The tower was built in 1976 by architects Slavko Jelinek and Berislav Vinković, who drew their inspiration from the Thyssen-Haus building in Düsseldorf.

[2] Less than ten years after the completion, heavy marble tiles started to fall off from the facade.

Because of the danger, the employees had to enter the tower through an improvised tunnel, made out of the wooden planks and steel bars.

By 2014, the eastern and the western face of the building have been repaired by replacing 5000 square meters of tiles.