RIB Software AG, DE000A0Z2XN6

RIB Software AG, DE000A0Z2XN6

16.12.2016 - 16:27:47

RIB Software AG signs a Phase-II-contract with Gottlob Rommel Bauunternehmung GmbH & Co. KG

16-December-2016

RIB Software AG (RIB) signs a Phase-II-contract (No. 31 / 2016) with Gottlob Rommel Bauunternehmung GmbH & Co. KG

Stuttgart, Germany, 16 December 2016. RIB Software AG, the world's leading provider of 5D BIM Big Data technology for the construction industry, today announced the conclusion of a Phase-II-deal with Gottlob Rommel Bauunternehmung GmbH & Co. KG.

The mid-sized family business, Gottlob Rommel from Stuttgart, carries out new construction and redevelopment projects in residential and commercial construction and is active in the field of environmental engineering projects as well as in residential water construction. The company was founded by Gottlob Rommel in 1901 and has been run by the grandson Eberhard Rommel since 1972 in the third generation. With the use of the iTWO 5D platform, the company wants to become the pioneer of virtual planning and building among the mid-sized construction companies in Germany.

Michael Sauer, CFO of the RIB Group comments: "We are very much looking forward to working with Gottlob Rommel. This contract is again a very good example of the fact that modern iTWO 5D technology is increasingly used by innovative mid-sized companies. We are convinced that not only the large construction groups can benefit significantly from the new model-based methods, but also the small and midcap companies. Competences in the area of ??virtual planning and building are indispensable to compete in the 21st century as a medium-sized company. "

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.

16.12.2016 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 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, Tradegate Exchange

End of News DGAP News Service

530909 16.12.2016

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