Nemetschek Group: Subsidiary NEVARIS wins major contract in Build segment

Thu, 07 Jul 2016 12:31:21 DGAP-News: Nemetschek Group: Subsidiary NEVARIS wins major contract in Build segment

DGAP-News: Nemetschek SE / Key word(s): Miscellaneous

2016-07-07 / 12:31
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Corporate News

Nemetschek Group: Subsidiary NEVARIS wins major contract in Build segment

- Geiger Group opts for complete business solution from NEVARIS

- Comprehensive project for introduction of software solution to run until end of 2019

Munich, July 07, 2016 - NEVARIS Bausoftware GmbH, a 100% subsidiary of Nemetschek SE (ISIN DE 0006452907), has been awarded a major contract from the Geiger Group. The family-owned company, headquartered in Oberstdorf, covers the entire construction portfolio and has about 50 locations at home and abroad.

With the launch of the complete solution NEVARIS Finance, the Geiger Group has chosen an ERP software that will provide for all business processes in future, from financial and asset accounting and cost and performance accounting all the way to purchasing, controlling and billing. This major contract also includes the joint development of a special software for the supply and disposal of construction and production waste. The joint project is scheduled to take three and a half years. NEVARIS Finance will be successfully implemented in the entire corporate group at the end of 2019.

"We are very pleased to have now found a partner in the form of NEVARIS Bausoftware GmbH that can offer us a complete business solution including document management from a single source. With NEVARIS we can now map all of our business segments with just one renowned vendor," says Josef Geiger, Managing Partner of the Geiger Group.

Patrik Heider, Spokesman of the Nemetschek Group, comments: "The trust the Geiger Group has placed in the expertise and high performance of NEVARIS shows that with NEVARIS we meet the high expectations of the construction industry in terms of state-of-the-art technology for process optimization and data quality."

For further information on the company, please contact:

Nemetschek Group
Stefanie Zimmermann
Investor Relations
+49 89 92793 1229

About the Nemetschek Group
The Nemetschek Group, Munich, is a globally leading software provider for the AEC (Architecture, Engineering, Construction) industry. With its 12 brands, the Nemetschek Group now serves around 2.1 million users in 142 countries from more than 50 locations worldwide. Founded in 1963 by Professor Georg Nemetschek, the company focuses on innovations such as Open Building Information Modeling (Open BIM) for the AEC market of tomorrow. Publicly listed since 1999 and quoted on the TecDAX, the company achieved revenue in the amount of EUR 285.3 million and an EBITDA of EUR 69.5 million in 2015.

About NEVARIS Bausoftware GmbH
NEVARIS Bausoftware GmbH (formerly known as Nemetschek Bausoftware GmbH) has been a member of the globally active Nemetschek Group since the 1990s. NEVARIS Bausoftware GmbH produces and distributes holistic software for the segments BIM (Building Information Modeling), Build (technical construction operations) and Finance (business segment) as well as for TAI (tendering, awarding contracts, and invoicing). The core product NEVARIS covers all the intelligent software requirements for the main and secondary building trades. The German headquarters are in Achim; and there are branches in Karlsruhe and Herne. In Austria NEVARIS Bausoftware GmbH is based in Salzburg. The product NEVARIS has won the red dot award (2013) and the German Design Award (2016).

2016-07-07 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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