29.12.2015 15:32:46
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DGAP-News: RIB Software AG
DGAP-News: RIB Software AG / Key word(s): Incoming Orders
RIB Software AG (RSTA) signs a Phase II iTWO contract (No. 25 / 2015) with
PORR Group
29.12.2015 / 15:32
The issuer is solely responsible for the content of this announcement.
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29-12-2015
RIB Software AG (RSTA) signs a Phase II iTWO contract (No. 25 / 2015) with
PORR Group
Stuttgart, Germany, 29 December 2015. RIB Software AG, the world's leading
provider of 5D BIM Big Data technology for the construction industry, today
announced the conclusion of the Phase II Deal and therefore the 25th Big
Deal in the current financial year 2015 (2014: 14 Phase II deals). The
Contract was signed with PORR Group, one of the largest Austrian and one of
the leading European construction companies. PORR will introduce the iTWO
5D enterprise solution in its Austrian and international subsidiaries to
consistently integrate the virtual into the physical construction
processes.
With its more than 15.000 staff members and an annual revenue of around EUR 3.5 billion (2014) PORR Group is thus one of the leading construction companies in Europe. The services provided cover all areas of the construction industry, from residential construction through to complex infrastructure projects. PORR realizes construction projects of any size and type both within Europe and the wider world.
Michael Sauer, member of the executive board of RIB Group comments: "We're delighted to be able to continue our long-standing collaboration with PORR after the successful implementation of iTWO 5D Technology in Germany, now as well in Austria and the international Subsidiaries . Thus another leading Construction Company has decided for our future Technology.
About RIB Group RIB Software AG is an innovator in construction business. The company creates, develops, and offers iTWO³ - new thinking, new working method and new technology - for construction projects across various industries worldwide. iTWO today is the world's first Cloud / License based Big Data 5D BIM enterprise solution for construction companies, industrial companies, developers and investors. Since its inception in 1961, RIB Software AG has been the pioneer in construction innovation, exploring and bringing in new thinking, new working method and new technology to enhance construction productivity, and transforming the construction industry into the most advanced and digitalized industry in the 21st century. RIB is headquartered in Stuttgart, Germany, and listed in Prime Standard Frankfurt Stock Exchange since 2011. With about 700 talents located in over 30 offices worldwide, RIB is serving 100,000 clients including construction contractors, sub-contractors, developers, owners, investors and governments, in the field of building construction, infrastructure, EPC sector and more.
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29.12.2015 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.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English Company: RIB Software AG Vaihinger Str. 151 70567 Stuttgart Germany Phone: +49 (0)711-7873-0 Fax: +49 (0)711-7873-311 E-mail: info@rib-software.com Internet: www.rib-software.com ISIN: DE000A0Z2XN6 WKN: A0Z2XN Indices: TecDax Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart End of News DGAP News Service ---------------------------------------------------------------------------
426389 29.12.2015
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