30 January 2025 – Repstad Anlegg AS (“Repstad”), a wholly owned subsidiary of Endúr ASA (“Endúr”), has today been awarded a new contract for The Norwegian Defence Estates Agency (No: Forsvarsbygg), worth a total of approximately NOK 200 million.
Repstad will take the role as main contractor and perform construction works in relation to upgrades of an existing radar facility in Northern Norway. The works are expected to commence in Q1 2025, with an estimated building period of approximately two years. Repstad has been working on the construction site since June 2024, with both the scope of work and the contract format being well known.
“We are very pleased to announce this contract. In addition to representing a significant order intake, this contract adds to our list of refences relating to military construction projects, which our strategy identifies as a core market segment. Having worked with both the client and similar projects on several occasions, we are very confident in Repstad’s execution capabilities – to the common benefit of the client and Endúr’s shareholders”, says Bernt Olav Holen, General Manager of Repstad.
(ENDS)
For further information, please contact:
Media
Jeppe Raaholt, CEO of Endúr, tel: +47 976 69 759
Bernt Olav Holen, General Manager of
Investors
Einar Olsen, CFO of Endúr, tel: +47 924 01 787
