RIB Software SE

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

Nachricht vom 25.06.2020 | 17:43

RIB Software SE (RIB) signs a Phase-III-contract (No. 14 / 2020) with Autobahn GmbH des Bundes (the German Highway Authority)

DGAP-News: RIB Software SE / Key word(s): Incoming Orders/Contract
25.06.2020 / 17:43
The issuer is solely responsible for the content of this announcement.


RIB Software SE (RIB) signs a Phase-III-contract (No. 14 / 2020) with Autobahn GmbH des Bundes (the German Highway Authority)

Stuttgart, Germany, 25 June 2020. 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-III-contract with Autobahn GmbH des Bundes (the German Highway Authority Ltd.).

Starting 1 January 2021, the German Highway Authority Ltd., founded in 2018, will assume responsibility for the planning, construction, operation, maintenance, financing and asset management of the motorways and highways in Germany. From this date onwards, the federal motorways will no longer be managed under contract by the federal states, but under federal administration. With 13,000 kilometers of motorway and up to 15,000 employees in the future, the company will be one of the largest infrastructure operators in Germany and will work to make the world-famous German motorways even more efficient.

Anne Rethmann, managing director of finance at the German Highway Authority: "The German Highway Authority looks after one of the most important transport networks and public goods in Germany. It therefore focuses on sustainable investment in the expansion, construction and maintenance of the motorways. This also includes investments in modern and future-oriented digital solutions and processes. The integration of the innovative iTWO technology will help us to successfully implement one of the biggest infrastructure policy reforms of the past decades and it will support us in using resources more effectively and ensuring the quality of the German motorways in the future as well".

Erik von Stebut, managing director of RIB in Germany: "We are very proud to actively support the new German Highway Authority in the end-to-end digitalisation of the planning, construction, maintenance and operation of around 13,000 kilometres of motorway. At the German Highway Authority, the iTWO platform ensures digitized processes for company-wide, future-oriented project management at 10 branches and 41 field offices - also by integrating with the new SAP HANA world. In the current situation, consistent digitalisation also means that we offer the more than 3,000 users at Autobahn GmbH the opportunity to get iTWO qualified via e-learning and web-based training in order to be able to smoothly achieve implementation by its planned date of 01.01.2021."

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

25.06.2020 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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