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RIB AG (RSTA) signs iTWO Phase II agreement with Eiffage Bauholding

04.12.2013 - Corporate News

Stuttgart, Germany, 04 December 2013. RIB Software AG has concluded a phase II agreement for with Eiffage Bauholding (EB). Eiffage Bauholding has for many years been established in the construction of transport routes as well as structural and civil engineering. It is a subsidiary of the infrastructure segment Eiffage Travaux Publics of the French Eiffage Group, one of the leading European construction groups.

As a result, Eiffage Bauholding and RIB are going to introduce the high standard of 5D end-to-end iTWO technology in the planning and implementation of construction and infrastructure projects throughout the company.

Were looking forward to a partnership founded on trust with one of the most important providers in the European construction/infrastructure market. Just as we have already very successfully implemented with other major clients, together we want to create the preconditions for realising high added-value potential through the highly efficient management of construction processes with the iTWO platform technology, explained Michael Sauer, CFO of RIB Software AG.

About Eiffage Bauholding
Eiffage Bauholding (EB) heads the SME subsidiaries Eiffage Bau, Eiffage Rail, the Faber Group, Heinrich Walter Bau and Wittfeld with projects in its German core market, but also abroad in Europe and Asia. As a provider of planning and construction services, as well as a producer of building materials, the company group has been established for many years in the construction of transport routes as well as structural and civil engineering. In 2011 the 1,900 employees generated total revenues of EUR 430 million. EB belongs to the infrastructure segment Eiffage Travaux Publics of the French Eiffage Group (turnover 2012: EUR 14 billion, 70,000 employees).


The RIB Group

RIB Software AG is an innovator in construction business. The company creates, develops, and offers iTWO new thinking, new working method and new technology - for construction projects across various industries worldwide. iTWO today is the worlds 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.