Stuttgart, Germany, 2 March 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 Ludwig Freytag GmbH & Co. KG.
The construction company founded over 125 years ago by Ludwig Freytag has now become the LUDWIG FREYTAG corporate group with over 1,800 employees. The medium-sized group, now in its fourth generation of family management, consists of 14 companies and has its headquarters in Oldenburg. Today, LUDWIG FREYTAG is active in several highly specialized business areas and realizes complete solutions in Germany and the surrounding European countries, from planning and turnkey execution to the supervision and maintenance of construction projects of various types and sizes.
Timo Göbel, IT manager of LUDWIG FREYTAG GmbH & Co. KG: “Since the middle of last year, we have been introducing the modern and forward-looking iTWO technology in the group of companies in costing, planning and project execution. The range of services has now been expanded, so that in the future we will also use the RIB solution to make our processes more effective in the commercial area. We are looking forward to the more intensive cooperation.”
Erik von Stebut, Managing Director of RIB in Germany: “A contract extension after such a short time shows that the customers of RIB – and in special Ludwig Freytag – stand behind us and our products. I am sure that we will be able to support the group of companies even more effectively, both in their processes and in their digitalization. Running together RIB and Ludwig Freytag!”
RIB Software SE is an innovator in construction business. The company creates, develops and offers cutting-edge digital technologies for construction enterprises and projects across various industries worldwide. Its flagship product iTWO 4.0 is the world’s first 5D BIM enterprise cloud solution for construction companies, industrial companies, developers and project owners, etc. 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 more than 900 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.