Contract of EUR 27 million awarded for equipment deliveries to four newbuilds
February 23rd, 2026
Contract wins in heat intensive sector
Vow ASA subsidiary C.H. Evensen continues to prove its relevance in the heat intensive industry sector, this by being awarded NOK 30 million of contracts to undisclosed blue chip recurring customers in Europe.
The bidding activity continues to be high in Vow’s Heat Solutions division, and the order backlog within this division now stands at around NOK 110 million of which a substantial part will convert to revenue in 2024 with robust margins.
Faced with high costs for energy and emissions, companies in heat intensive industries are intensifying their efforts to decarbonise. Electrification of heating processes is becoming increasingly relevant and therefore popular.
For C.H. Evensen this has meant more than doubled revenue in two years, from NOK 59 million in 2021 to NOK 121 million in 2023.
Other news
Vow strengthens its leadership team and refines its organizational structure
January 9th, 2026
Contract of EUR 29.6 million awarded for equipment deliveries to two newbuilds
December 4th, 2025
Contract of EUR 13.8 million awarded for equipment deliveries to four cruise newbuilds, additional six options to be called upon
November 27th, 2025