RIB signs a Phase-II-contract with LUDWIG FREYTAG GmbH & Co. KG

June 10, 2020 - Corporate News

Stuttgart, Germany, 10 June 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 LUDWIG FREYTAG corporate group.

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: “Competence, innovative strength and reliability have shaped our work ever since. We are certain that we will see these internal values confirmed in our partnership with RIB. As an innovative and versatile construction technology and service company, we are relying on the iTWO platform, a modern and future-oriented technology that suits us perfectly, which will considerably standardize and simplify our core processes in calculation, planning and project execution throughout the entire group. With our choice we face the upcoming tasks of IT in the construction industry with great confidence”.

Erik von Stebut, Managing Director of RIB in Germany: “We are pleased to welcome LUDWIG FREYTAG as another medium-sized company to the RIB family. With the iTWO platform, we will provide the best possible support for the group of companies in their digitalisation and provide a platform that optimally meets the requirements and processes of a future-oriented construction company. I am sure that the companies in the group will benefit from our knowledge of the standardisation of construction processes”.

About RIB

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.

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