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Endur ASA ( (DE:4ZT0) ) just unveiled an update.
Endúr ASA’s subsidiary, Total Betong AS, is establishing Nova Water Solutions AS, a new company focused on the water and wastewater infrastructure sector. Nova Water Solutions will act as a turn-key contractor, providing consultancy, engineering, procurement, fabrication, and construction services. The company plans to set up regional hubs across Norway to support small and mid-sized municipalities, addressing a significant market demand driven by new regulations and the need to renew aging assets. The establishment of Nova Water Solutions is seen as a strategic move to expand Total Betong’s market reach and leverage its expertise in specialized construction, enhancing Endúr ASA’s capacity to serve municipal and industrial clients in the sector.
More about Endur ASA
Endúr ASA is a leading supplier of construction and maintenance projects and services for marine infrastructure, including facilities for land-based aquaculture, quays, harbours, dams, bridges, and other specialized concrete and steel projects. The company and its subsidiaries also offer a wide range of other specialized project and marine services. Endúr ASA is headquartered in Lysaker, Norway.
Average Trading Volume: 126,918
Current Market Cap: NOK4.33B
For a thorough assessment of 4ZT0 stock, go to TipRanks’ Stock Analysis page.