[19] January 2021 - Artec Aqua AS, where Endúr ASA has entered into an agreement
to purchase all shares, has formally signed a turnkey contract with Aquagen for
the construction of an expansion of their existing brood stock facility Profunda
at Barstadvik. Artec Aqua has already completed a design phase with the client
ensuring optimal conditions for the salmon and as the probability for final
agreement was considered very high, the contract is included in the backlog
communicated to the market January 11,2021.

The contract value is NOK 150 million. The contract is the second phase of the
facility expansion at Barstadvik and Artec Aqua was the turnkey provider also
for phase one. 

The contract is a testament to Artec's market leading position within broodstock
facilities and their position as turnkey provider to the land based aquaculture
industry. The construction phase is expected to start Mid February 2021 with
completion expected by summer 2022.

Artec Aqua is the newest member of the Endúr family and is a leading company
within the engineering and construction of land based smolt/post smolt,
broodstock and grow-out facilities. Artec is technology independent and delivers
both flow-through facilities, hybrid flow-through /regeneration systems and RAS
systems. 

ENDS

For further information, contact: CEO of Artec Aqua, Ingegjerd Eidsvik: tel: 95
08 77 54

Click here for more information

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