4 June 2025 – Total Betong AS (“Total Betong”), a wholly owned subsidiary of Endúr ASA (“Endúr”), has today been awarded a new contract for the construction of Jåtunparken in Jåttå, Stavanger, worth a total of approximately NOK 480 million.
Total Betong will act as main contractor and turnkey supplier for the construction of a residential project, including four buildings with parking cellars, store facilities and 131 apartments. Total Betong will develop the project in collaboration with Base Bolig and Ineo Eiendom. The project’s ownership also includes Rebus Sør-Vest and Hausta Eiendom. Planning and design will commence in Q2 2025 with construction activities expected to start in late 2025 / early 2026.
“We are proud to announce this award. This is an excellent project of high quality, with many exciting challenges to be solved together with skilled property developers” says Øyvind Lode in Total Betong.
“The tender process has been very constructive and we look forward to starting the construction phase together with Total Betong”, adds Rune Bertelsen in Base Bolig.
For further information, please contact:
Media
Jeppe Raaholt, CEO of Endúr, tel: +47 976 69 759
Kurt Helland, General Manager of Total Betong, tel: +47 982 41 857
Investors
Einar Olsen, CFO of Endúr, tel: +47 924 01 787
