RIB signs a Phase-II-contract with Mitnija

July 16, 2020 - Corporate News

Copenhagen, Denmark, 16 July 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 Mitnija.

Combining more than 50 years of construction experience in the Lithuanian market with cutting-edge expertise and skilled professionals, Mitnija provides its clients with creative and innovative construction solutions.

Mitnija offers a complete package of construction services. They build commercial, residential and industrial projects and have expertise in the construction of railways and other infrastructure projects. Mitnija main market is Lithuania but in 2016 the company started its operations in the United Kingdom and Latvia. It is considering expansion into other stable European markets.

Mitnija is certified and working in compliance with ISO 9001 international quality management and 14001 environmental management standards. In 2019, Mitnija’s sales totaled EUR 109 million. The company has more than 330 employees. In 2018, Mitnija became the largest construction company in Lithuania (based on sales from core business of construction-related services).

Julius Gendvilis, CEO of Mitnija: “Mitnija always aims to increase efficiency of its core operations and internal processes and we understand it as a never-ending continuing procedure, which needs special tools. Teaming up with RIB iTWO 4.0, a 5D BIM Big Data technology we find it as the best way of accomplishing our targets. After complete integration, we are aiming to change the way we build: digitalized planning and execution process, cloud-based communication internally and with external parties, compliance with international norms and standards. Furthermore, Mitnija will ensure much faster construction – our virtual design system will connect all project data and automatically track and implement changes in the projects. We are looking forward to start this cooperation based on partnership and mutual understanding”.

Mads Bording Rasmussen, Executive Board Member of RIB Group: “I am very proud of RIB and Mitnija partnering up supporting enterprise digitalization. Mitnija is our first light-house client in the region. The customer covers a wide range of the value chain from the first offer calculation and contract management to the digital connection of the construction site and billing. The web-based iTWO solution thus again proves the value of a fully integrated value chain from early engagement throughout execution and operations”.

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.

© 2019 RIB Software SE