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Overhalla Betongbygg to deliver concrete elements for land-based salmon farming (RAS) in Iceland

NORWAY
Friday, July 17, 2026, 00:10 (GMT + 9)

The Norwegian company seals a 55 million kroner agreement with First Water to equip its terrestrial recirculating aquaculture system (RAS) plant in Þorlákshöfn. The company Overhalla Betongbygg AS has signed a major contract worth 55 million Norwegian kroner (NOK) —equivalent to approximately 5.68 million US dollars (US$)— with the Icelandic land-based fish farmer First Water. The agreement includes the delivery of prefabricated concrete elements destined for the final part of phase 1 of the new land-based salmon farming facility (RAS) that the Icelandic firm operates in Þorlákshöfn, Iceland.

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