Press release -
BAVARIA'S BEST 50: Nemetschek Group scores again
Munich, December 16, 2020 – The Nemetschek Group has received the "Bavaria's Best 50" award by the Bavarian State Ministry for Economic Affairs, Regional Development and Energy. The Bavarian Minister of Economic Affairs, Hubert Aiwanger, particularly noted the strong growth of the Nemetschek Group. This is the second time that the global provider of software for the construction industry, headquartered in Munich, has been among Bavaria's Best 50 companies.
The award honors the 50 fastest-growing, medium-sized companies in Bavaria, which have been able to increase the number of their employees and their sales above average in recent years. The companies were also judged on their ability to identify new opportunities for growth and employment, to exploit these consistently, and thus to demonstrate their commitment to creating jobs for the region. The Nemetschek Group has recorded strong growth in both sales and employees over the last five years. The award winners were determined by the auditing and consulting company Baker Tilly as an independent juror.
"We are very pleased to receive this award once again," says Dr. Axel Kaufmann, spokesman of the executive board and CFOO of the Nemetschek Group. "Especially in these challenging times, it is a great compliment to all our employees. We want to continue to grow sustainably and drive digitalization in the construction industry, while also contributing to the economic success of our local area."
About the Nemetschek Group
The Nemetschek Group is a pioneer for the digital transformation in the AEC industry. With its software solutions, it covers the complete life cycle of building and infrastructure projects and guides its customers into the future of digitalization. As one of the world's leading corporate groups, the Nemetschek Group increases quality in the construction process and improves the digital workflow of all those involved in the construction process. Leveraging the software, buildings can be planned, built and operated more efficiently, sustainably and in a resource-saving manner. The focus of the Nemetschek Group is on the use of open standards (Open BIM). The portfolio also includes digital solutions for visualization, 3D modeling and animation. The innovative products of the 16 brands in the four customer-oriented divisions are used by approximately six million users worldwide. Founded by Prof. Georg Nemetschek in 1963, the Nemetschek Group today employs more than 3,000 experts.
Publicly listed since 1999 and quoted on the MDAX and TecDAX, the company achieved revenue in the amount of EUR 556.9 million and an EBITDA of EUR 165.7 million in 2019.