Norway, March 12 -- Repstad Anlegg AS ("Repstad"), a wholly owned subsidiary of Endur ASA ("Endur"), has been nominated for a new contract for Balsfjord municipality, worth a total of approximately NOK 150 million.Repstad will act as main contractor for a site preparation and dredging project at Bergneset in Balsfjord, Troms. Repstad will perform dredging, soil stabilization, mass haul and rock filling, preparing the site for the subsequent establishment of an industrial quay facility. The works are expected to commence in Q2 2025, with an estimated building period of 18 months. The project is pending a final investment decision from Balsfjord municipality.
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