Endúr ASA Lands Major Aquaculture Project

Endur ASA (DE:4ZT0) has released an update.

Endúr ASA’s subsidiary, Artec Aqua, has secured a major contract with Sævareid Fiskeanlegg AS to develop a new smolt production facility in Norway, designed to produce 29 million smolt and enhance Sævareid’s operational capacities. The contract, valued over NOK 600 million, includes a detailed design phase to be completed by Q2 2025, with construction to follow based on Sævareid’s final investment decision. Artec Aqua will incorporate its innovative hybrid flow through technology, reinforcing Endúr’s position in the booming aquaculture infrastructure industry.

For further insights into DE:4ZT0 stock, check out TipRanks’ Stock Analysis page.