RIB Software SE

DGAP-News: RIB Software SE signs a Phase-II-contract (No. 31 / 2019) with HABAU Corporate Group

DGAP-News: RIB Software SE / Key word(s): Agreement
RIB Software SE signs a Phase-II-contract (No. 31 / 2019) with HABAU Corporate Group

19.12.2019 / 14:30
The issuer is solely responsible for the content of this announcement.


19-December-2019

RIB Software SE signs a Phase-II-contract (No. 31 / 2019) with HABAU Corporate Group

Stuttgart, Germany, 19 December 2019. RIB Software SE, the world's leading provider of iTWO 4.0 Cloud Enterprise Platform Technology, today announced the conclusion of a Phase-II-contract with HABAU Corporate Group.

The construction group HABAU with its headquarters in Perg (Austria) was founded in 1913 and, with an average of 5,071 employees, achieved revenues of 1.410 billion euros in the past fiscal year. The company is one of Austria's leading construction groups, active in areas such as building construction, civil engineering, underground mining, road construction, timber construction, plant construction as well as pipeline construction. The company builds high-quality structures with a long service life that are used by present and future generations.

Hubert Wetschnig, CEO of HABAU GROUP: "The goal we set for our customers is always to carry out projects characterized by high quality, flexibility and adherence to schedules. We are convinced that the business processes shown in iTWO offer enormous potential to further optimize the planning and execution of our wide-ranging projects. As part of the extensive digitization strategy at the HABAU Corporate Group, we have therefore decided in favour of the solution from RIB."

Michael Sauer, Executive Board Member of RIB Group: "We are very pleased that the company under the technical leadership of Hubert Wetschnig has decided to roll out our iTWO solution company-wide. All Austrian construction groups have now decided in favor of iTWO. With our iTWO 4.0 platform, we will provide the HABAU GROUP with the best possible support for the required digital transformation."

About RIB Group

RIB Software SE is an innovator in building and construction industry. The company creates, 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 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 1,500 talents in more than 30 locations worldwide, RIB is targeting to transform the construction industry into the most advanced and digitalized industry in the 21st century.



19.12.2019 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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Language: English
Company: RIB Software SE
Vaihinger Str. 151
70567 Stuttgart
Germany
Phone: +49 (0)711-7873-0
Fax: +49 (0)711-7873-311
E-mail:
Internet: -software.com
ISIN: DE000A0Z2XN6
WKN: A0Z2XN
Indices: SDAX, TecDAX,
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 940349

 
End of News DGAP News Service

940349  19.12.2019 

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19/12/2019

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