DGAP-News: RIB Software SE signs a Phase-II-contract (No. 07 / 2019) with Dreßler Bau GmbH

17-April-2019

RIB Software SE signs a Phase-II-contract (No. 07 / 2019) with Dreßler Bau GmbH

Stuttgart, Germany, 17 April 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 Dreßler Bau GmbH.

The company Dreßler, located in Aschaffenburg, was founded in 1913 and achieved a total construction output of EUR 269 million in 2018 with over 500 employees. Dreßler operates at six locations in Germany and has become an established medium-sized German construction company through the use of modern technologies and machines. In addition to the processing of commercial / industrial buildings as well as residential complexes, the company has extensive competencies in the renovation and reconstruction of cultural-historical buildings. Dreßler is also one of the leading innovative suppliers of architectural concrete facades.

Michael Sauer, Executive Board member of RIB Group: "This contract gives us the opportunity to further expand our existing cooperation with Dreßler. With the extension of the 2017 completed Phase-II-contract, we now provide the customer with the complete iTWO enterprise solution and are convinced that Dreßler can benefit significantly from the digitization of the entire project lifecycle in order to be able to handle its construction projects even more productive, cost-effective and sustainable."

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 1,200 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.