11 February 2025 – HAV Group’s water treatment system business, Norwegian Greentech (NGT), has been contracted to deliver its water treatment solutions to two live fish carriers that will operate in the aquaculture industry.
The contract, which is signed with an undisclosed customer, is worth in excess of NOK 20 million. At the end of the third quarter last year, HAV Group’s water treatment systems business reported an order backlog of NOK 46 million.
“The observant shareholder sees that water treatment packages to the aquaculture industry are considerably larger than standard-size ballast water treatment systems. This is also reflected in the contract value, as this contract is a good example of. We are seeing increased activity within both traditional and land-based aquaculture, and we are hopeful of securing more work in this industry going forward,” says Gunnar Larsen, CEO of HAV Group.
HAV Group’s contract party is Norwegian Greentech AS, which is a supplier of ballast water treatment systems and other systems for purification of water for use in the aquaculture industry and in the maritime sector. The company has a track record of delivering its water treatment technologies to more than 800 vessels worldwide and more than 30 systems for water treatment on board live fish carriers.
NGT is a subsidiary of HAV Group ASA, which is listed on Euronext Growth Oslo.
For more information, please contact:
Gunnar Larsen, CEO, HAV Group
gunnar.larsen@havgroup.no
+47 901 05 694
About Norwegian Greentech:
Norwegian Greentech is a supplier of sustainable systems for clean water. Its main product is a purification system for ballast water, but the company is also a significant supplier of purification systems for the ocean and land-based aquaculture industry. The company has sold more than 800 treatment systems so far, and the market is growing rapidly due to international requirements.