RIB Software SE

  • WKN: A0Z2XN
  • ISIN: DE000A0Z2XN6
  • Land: Deutschland

Nachricht vom 05.03.2021 | 14:03

RIB Software SE (RIB) signs a Phase-II-contract (No. 10 / 2021) with the joint venture of JOHANN BUNTE and STRABAG

DGAP-News: RIB Software SE / Key word(s): Contract/Agreement
05.03.2021 / 14:03
The issuer is solely responsible for the content of this announcement.

05-March-2021

RIB Software SE (RIB) signs a Phase-II-contract (No. 10 / 2021) with the joint venture of JOHANN BUNTE and STRABAG

Stuttgart, Germany, 05 March 2021. RIB Software SE, the world's leading provider of iTWO 5D BIM Big Data technology for the construction industry, today announced the conclusion of a Phase-II-contract with the joint venture of JOHANN BUNTE and STRABAG.

JOHANN BUNTE and STRABAG are starting 2021 in Germany with a major contract: the expansion of the A 1 freeway in Lower Saxony over a distance of 29.5 km. The construction began on Feb. 1st, 2021 - completion is scheduled for the middle of 2025. In addition to extensive earthworks and construction of the roadways, 14 bridges along the highway and two overpasses over the highway will also have to be rebuilt. A further 18 bridge structures will be rehabilitated. The joint venture is also providing noise abatement services and carrying out accompanying landscape management measures.

Rainer Kolthoff, commercial manager at JOHANN BUNTE: "The joint venture of JOHANN BUNTE and STRABAG will completely document the whole construction cycle of the joint A1 freeway project with iTWO. In addition, the portal function of the RIB platform enables a more optimal collaboration between the joint venture and its subcontractors. We are looking forward to implementing this major infrastructure project even more effectively with the help of iTWO technology."

Gerald Malits, function lead of BIM integration / technical ERP STRABAG BRVZ: "STRABAG has successfully relied on the innovative iTWO technology for the planning and calculation of its projects for several years. The decision was therefore an obvious one to also work together with RIB on two other large construction sites. On the one hand, we will use the iTWO enterprise solution to plan and implement our construction measures for the "HS2" rail project - the UK's new high-speed rail network. On the other hand, we will benefit immensely from the iTWO technology and RIB's experience in the expansion of the A1 freeway".

Erik von Stebut, managing director of RIB in Germany: "This contract represents another important milestone for RIB and for the digitalization of the construction industry. We are intensifying our cooperation with two of the most important construction companies in Europe. Moreover, in addition to successful projects with the DB German Rail, the German Highway Authority and the major A3 freeway, our software is also being used in another major infrastructure project. The iTWO platform, which is hosted in the Microsoft Azure Cloud, plays out its strengths in complex environments such as large construction sites and in the context of construction joint ventures. The flexibility and integration capabilities of our software enable consistent and uniform processes from the beginning to the end of the project."

About RIB Group

RIB Software SE is an innovator in the building and construction industry. The company develops and offers cutting-edge digital technologies for construction enterprises and projects across various industries worldwide. iTWO 4.0, RIB's flagship cloud-based platform, provides the world's first enterprise cloud technology based on 5D BIM with AI integration for construction companies, industrial companies, developers and project owners, etc. With over 50 years of experiences in the construction industry, RIB Software SE focuses on IT and engineering and becomes the pioneer in construction innovation, exploring and bringing in new thinking, new working methods and new technologies to enhance construction productivity. RIB is headquartered in Stuttgart, Germany and Hong Kong, China, and listed on the prime standard Frankfurt Stock Exchange since 2011. With over 2,700 talents in more than 25 countries worldwide, RIB is targeting to transform the construction industry into the most advanced and digitalized industry in the 21st century.



05.03.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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