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RIB Software SE (RIB) signs a Phase-II-contract (No. 27 / 2020) with DB Bahnbau Gruppe GmbH

Back10.09.2020

DGAP-News: RIB Software SE / Key word(s): Contract/Agreement
10.09.2020 / 14:44
The issuer is solely responsible for the content of this announcement.

10-September-2020

RIB Software SE (RIB) signs a Phase-II-contract (No. 27 / 2020) with DB Bahnbau Gruppe GmbH

Stuttgart, Germany, 10 September 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 DB Bahnbau Gruppe GmbH

DB Bahnbau Gruppe GmbH is a subsidiary of Deutsche Bahn AG and has united all the companies of the DB Group that provide construction services for railroad infrastructure in Germany and Europe since 2010. The "24-hour full-service provider" is responsible for the planning, construction and maintenance of infrastructure facilities, especially railroad infrastructure. This includes the provision of rail transport services as well as all activities that ensure the availability of the railroad infrastructure in Germany and Europe. With approximately 3,100 employees and 400 maintenance vehicles, the DB Bahnbau Gruppe operates at around 40 locations throughout Germany.

Markus Egerer, chairman of the management board and managing director technology of DB Bahnbau Gruppe: "Deutsche Bahn has a fundamental concern, namely to get more traffic onto the rails - for the climate, for people, for the economy and for Europe. We have expanded our existing iTWO contingent, so that by the end of the year 500 employees, represented in all service units, will calculate and control their construction projects uniformly and in a single application. The goal with iTWO is to map all processes of the DB Bahnbau Gruppe consistently and across all project phases. In RIB we have found a strong and forward-looking partner who, just like us, lives the issues of sustainability and digitization and will continue to drive them forward together with us".

Erik von Stebut, managing director of RIB in Germany: "We are very pleased that the DB Bahnbau Gruppe has decided after the last rollout that even more users and service units will work with iTWO. With iTWO we increase our customer's added value in the calculation, planning and execution of their projects and continue to support the DB Bahnbau Gruppe's digitization strategy in the best possible way".
 

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 21st century.



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