Repstad Anlegg AS ("Repstad"), a wholly owned subsidiary of Endúr ASA ("Endúr"),
has been awarded a contract for Andfjord Salmon ("Andfjord") for the completion
of various quay works, originally started by another contractor, under a
contract that has now been terminated. The contract has a value of approximately
NOK 50 million.
The project consists of operations that are well known and core to Repstad, with
the scope of work including; dredging and blasting, mass fillings and land slide
protection, stone transportation by barge and breakwater establishment.
Construction will commence immediately, with an estimated building period of 6
months.
"We have already enjoyed a strong collaboration with Andfjord for the last 4
months, having delivered adjacent and similar works under another ongoing
contract. Now, we look forward to enhancing and prolonging this partnership",
says Bernt Olav Holen, Managing Director of Repstad.
(ENDS)
For further information, please contact:
Media
Jeppe Raaholt, CEO Endúr, tel: +47 976 69 759
Bernt Olav Holen, Managing Director Repstad, tel: +47 906 70 156
Investors
Einar Olsen, CFO Endúr, tel: +47 924 01 787
About Endúr ASA:
Endúr ASA (XOSL: ENDUR) is a leading Scandinavian contractor headquartered in
Lysaker and listed on the Oslo Stock Exchange. The company specializes in
critical infrastructure, including bridges, quays, tunnels, and dams. Operating
as a disciplined serial acquirer (compounder), the group utilizes a
decentralized model that grants subsidiaries high autonomy to preserve their
technical expertise and local market positions. Endúr drives long-term value
through strategic platform acquisitions and targeted bolt-ons in fragmented
niche markets.
cquisitions and targeted bolt-ons in fragmented\
niche markets.\