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RIB SOFTWARE AG (FRA:RSTA) RIB Software SE (RIB) signs a Phase-II-contract (No. 45 / 2021) with ACCIONA

Transparency directive : regulatory news

10/12/2021 08:58

DGAP-News: RIB Software SE / Key word(s): Agreement
RIB Software SE (RIB) signs a Phase-II-contract (No. 45 / 2021) with ACCIONA

10.12.2021 / 08:58
The issuer is solely responsible for the content of this announcement.


10-December-2021

RIB Software SE (RIB) signs a Phase-II-contract (No. 45 / 2021) with ACCIONA

Brisbane, Australia, 10 December 2021. RIB Software SE, the world's leading provider of iTWO 6D BIM ESG (Environmental, Social and Governance) technology for the construction industry, today announced the conclusion of a next Phase-II-contract with ACCIONA, as part of the ACCIONA Ferrovial Joint Venture (AFJV).

AFJV were recently awarded a contract worth AU$1.96 billion for delivery of the Sydney Metro West central tunnel project, a new underground rail line for the New South Wales capital. ACCIONA will collaborate with Ferrovial to construct twin tunnels spanning 11 kilometers, as well as five new stations and related auxiliary infrastructure.

A Phase-II-contract has been agreed between ACCIONA and RIB Software SE to support this initiative, with ACCIONA to utilise an RIB digital environment for their unique project management requirements on the Sydney Metro build. The infrastructure group will manage their processes through a customised RIB environment, where all participants will have unlimited access to RIB's Publication Space, Correspondence and Quality modules for project documentation and related workflows.

This is the second Phase-II-contract agreed between ACCIONA and RIB Software SE in 2021, with ACCIONA Geotech also agreeing to a contract extension for delivery of RIB solutions during July of this year.

Christine Reilly, CEO of RIB International: "As a company, we're gratified to receive this vote of confidence from ACCIONA as they provide their specialist contribution on Australia's largest public transport project. We are confident that ACCIONA will achieve their ambitious goals with the help of our leading software, and our team is dedicated to maintaining the highest possible service standard across the duration of the agreement."

About RIB Group

RIB Software SE is a pioneer in the digitalization of the 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 6D BIM with AI integration for construction companies, industrial companies, developers and project owners, etc. RIB Software SE is a member of Schneider Electric and headquartered in Stuttgart, Germany and Hong Kong, China. With over 2,700 talents in more than 25 countries worldwide, RIB is targeting to transform the construction industry into the most sustainable and digitalized industry in the 21st century.



10.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: RIB Software SE
Vaihinger Str. 151
70567 Stuttgart
Germany
Phone: +49 (0)711-7873-0
Fax: +49 (0)711-7873-311
E-mail: info@rib-software.com
Internet: www.rib-software.com
ISIN: DE000A0Z2XN6
WKN: A0Z2XN
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1256358

 
End of News DGAP News Service

1256358  10.12.2021 

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