Terramare signed a quay contract with city of Vaasa

On 19 May 2023, Terramare signed a contract with city of Vaasa for the construction of phase 1 of the Lasse quay

The quay to be constructed is a 144 metres long retaining wall structure. The contract also includes approximately 40,000 m3 of dredging works.

Work on the site will commence in May 2023 and is scheduled to be completed by the end of November 2024.

The contract value is approximately EUR 10 million.