Endúr ASA - Contract award Engelsen Total
2026-11-02 07:00:00
2 November 2026 - Engelsen Total AS ("Engelsen Total"), a wholly owned
subsidiary of Endúr ASA ("Endúr") platform company, Total Betong AS
("Totalbetong"), has been awarded a contract by Storebø Maritim AS ("Storebø
Maritim"). The contract has a value of approximately NOK ~90 million excluding
VAT.
Engelsen Total will act as turnkey supplier for the design and construction of
Storebø Brygge in Austevoll. The project consists of an apartment building with
an incorporated commercial unit. Design and engineering have started with
on-site construction works expected to commence at the turn of the year
2026/2027, subject to Storebø Maritim's FID in November 2026. The project will
have an estimated building period of 13 months.
(ENDS)
For further information, please contact:
Media
Jeppe Raaholt, CEO Endúr, tel: +47 976 69 759
Kurt Helland, Group CEO Totalbetong, tel: +47 982 41 857
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.
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