Endúr ASA – Contract award Repstad
2026-06-19 11:40:00
19 June 2026 – Repstad Anlegg AS (“Repstad”), a wholly owned subsidiary of Endúr ASA (“Endúr”), has been awarded a contract for the Rehabilitation of Tankskipsutstikkeren (Phase 2), located at Sydhavna, Oslo. The contract value (target price) is approximately NOK 160 million excluding VAT. The project involves the rehabilitation of Tankskipsutstikkeren, a key quay facility for Oslo Havn located at Sydhavna and used for the import of petroleum products. Phase 2 follows the successful completion of Phase 1, which was executed in close collaboration (Samspill) between Repstad and Oslo Havn. The scope of Phase 2 works includes demolition of the existing Østre Sjursøykai and construction of a new quay at the same location, installation of a new fender system, repair and reinforcement of the quay structure and skirt, pile rehabilitation, and all associated marine and structural works required to restore the facilities to a safe and operational condition. The works are expected to be completed in Q3 2027. (ENDS) For further information, please contact: Media Jeppe Raaholt, CEO Endúr, tel: +47 976 69 759 Bernt Olav Holen, Managing Director Repstad, tel: +47 906 70 156 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.