RIB Software SE, DE000A0Z2XN6

RIB Software SE, DE000A0Z2XN6

03.07.2017 - 11:14:08

RIB Software SE signs a Phase-III-contract with Willemen, Belgium's largest family-owned construction group


RIB Software SE signs a Phase-III-contract (No. 20 / 2017) with Willemen, Belgium's largest family-owned construction group

Stuttgart, Germany, 03 July 2017. RIB, the world's leading provider of 5D BIM Big Data technology for the construction industry, today announced the conclusion of a Phase-III-deal with Willemen, Belgium's largest family-owned construction group. This agreement is the second Phase-III-deal, which could be concluded in the current calendar year.

Tom Willemen, CEO of Willemen Groep, comments the agreement as follows: "We are convinced that the modern and innovative iTWO technology will help us to streamline our processes, identify further potential savings and extend our market position. We are looking forward to implement a solution that will help us to digitalize our planning and execution processes in the most efficient way. With the iTWO technology, we are optimally positioned to meet the digital challenges of construction companies in the 21st century."

"We are very pleased that another European construction company has chosen iTWO technology. Just as we have already very successfully implemented with other major clients, we will greatly enable them to improve their productivity, reduce costs, time and risk and also improve profitability. We believe in having the strongest technology in the market and this contract is again a very good example of the fact that modern iTWO technology is increasingly used by innovative and forward-thinking construction companies. We are pleased to have found a customer who would like to actively participate in the future of the construction industry", says Michael Sauer, Executive Board Member of RIB Group.

About Willemen Groep

Willemen is today Belgium's largest family-owned construction group with more than 2,300 employees. The goal of Willemen is to realize construction projects and deliver on time according to the wishes of the client, in a way that guarantees quality, safety, and concern for the environment. Several impressive projects have been realised throughout all the branches that together represent annual sales of 685 million euro. Willemen is especially keen to apply its expertise in Central and Eastern Europe, Africa and the Middle East. The added value here lies in their excellent know-how and project management, together with the involvement of local people and resources.

About RIB Group

RIB Software SE 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 SE 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 750 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.

03.07.2017 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. Archive at www.dgap.de

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: 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

588837  03.07.2017 

@ dgap.de

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