20 December 2024 – Repstad Anlegg AS (“Repstad”), a wholly owned subsidiary of Endúr ASA (“Endúr”), has been awarded a new contract for Otra Holding AS (“OH”) and Arendal kommune (“AK”), worth a total of approximately NOK 80 million in revenues.
Repstad will function as contractor for groundworks in relation to the levelling of a new building site at Longum in Arendal, Norway. The scope of the work to be carried out includes; blasting, mass transportation and establishment of roads and other infrastructure. Repstad will immediately apply for commissioning permit (No: “igangsettingstillatelse”). The works are expected to commence in Q1 2025, with an estimated building period of 18 months. Repstad has conducted several similar projects, with both the scope of work and the contract format being well known.
“We are very pleased to announce this award, which represents a significant order intake within a segment in which Repstad has a long and successful track-record”, says Bernt Olav Holen, CEO of Repstad.
For further information, please contact:
Media
Jeppe Raaholt, CEO of Endúr, tel: +47 976 69 759
Investors
Einar Olsen, CFO of Endúr, tel: +47 924 01 787
