DGAP-News: RIB Software SE (RIB) signs a Phase-II-contract (No. 20 / 2020) with STREICHER Group

21-July-2020

RIB Software SE (RIB) signs a Phase-II-contract (No. 20 / 2020) with STREICHER Group

Stuttgart, Germany 21 July 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-II-contract with MAX STREICHER GmbH & Co. KG aA.

With the business units of pipeline construction, plant and mechanical engineering, civil and structural engineering as well as raw and building materials MAX STREICHER GmbH & Co. KG aA with its headquarters in Deggendorf is broadly positioned. When the company was founded in 1909 it had almost concentrated on road construction. Today STREICHER is an internationally operating Group with more than 3,500 employees at about 30 locations in Germany and abroad. The STREICHER Group includes numerous subsidiaries and associated companies worldwide. Within the Group these are specialized in different services and are therefore able to act efficiently and cost-oriented on the market. Together they offer a comprehensive range of technical services which enables the planning and implementation of complex projects as a complete solution.

Erik von Stebut, Managing Director of RIB in Germany: "With this contract we once again prove that our iTWO platform is a set and recognized standard in the entire construction sector. Our software supports every construction company in optimizing its workflows and processes - independent of the field of activity. With STREICHER Group we support an expert from the construction industry within the scope of its digital transformation and we are sure that we will set new standards with the fully integrated business solution also at STREICHER".

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 21^st century.