DGAP-News: RIB Software SE (RIB) signs a Phase-II-contract (No. 04 / 2021) with HTG Hoch- und Tiefbau Gadebusch GmbH

18-January-2021

RIB Software SE (RIB) signs a Phase-II-contract (No. 04 / 2021) with HTG Hoch- und Tiefbau Gadebusch GmbH

Stuttgart, Germany, 18 January 2021. 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 HTG Hoch- und Tiefbau Gadebusch GmbH.

The family-run company has been building residential, commercial and municipal properties for more than 60 years. With approximately 250 employees, HTG Hoch- und Tiefbau Gadebusch GmbH generates an annual construction output of well more than 100 million euros, which is managed from the office locations in Gadebusch and Hamburg. The regional focus of the company's business activities is on Hamburg and bordering regions in Mecklenburg-Vorpommern and Schleswig-Holstein. In terms of content, the range of services extends from structural and civil engineering, the refurbishment of existing properties and turnkey construction of large-scale residential, commercial and public projects to own and large-volume project developments.

Dr. Michael Cratzius, managing director of HTG Hoch- und Tiefbau Gadebusch GmbH: "Our buildings are constructed according to current quality standards with state-of-the-art construction technology by experienced employees. We don't promise miracles - but we deliver what we promise and our customers trust us because we combine work ethic, seriousness as well as expertise. With RIB, we have found an experienced partner who lives our maxim just as we do. Furthermore, we were also convinced by the modernity of the software and the fact that everything is provided to us from one source in one application. We are convinced that with the iTWO 4.0 enterprise solution, we are taking another big step in the direction of continuous digitalisation and we are looking forward to working with our colleagues in Stuttgart.

Erik von Stebut, managing director of RIB in Germany: "From the first planning meeting to the final acceptance, HTG Hoch- und Tiefbau Gadebusch GmbH is focused on implementing its customers' ideas effectively as well as on time and budget. This is exactly where RIB can provide the ideal support: iTWO 4.0 will digitalise and immensely optimise existing workflows from the start to the end of construction. This includes, for example, processes such as cost calculation, resource management, the procurement of new construction materials, the evaluation of projects or the mobile construction site management via app. The employees of HTG Hoch- und Tiefbau Gadebusch GmbH will be equipped with an innovative and future-proof enterprise solution with which we will continue to drive forward digitisation in the company".

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.