M Vest Water AS
0.63
EUR
+0.01
(+0.81%)
M Vest Water AS
GETTEX:7YA
(Gettex)
Recent
price
0.63
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- M Vest Water AS is an environmental technology company that develops, manufactures, and commercializes proprietary water treatment technologies and bio-based chemical solutions for industrial, municipal, and energy sector wastewater purification. Founded in 2017 and headquartered in Bergen, Norway, the company provides sustainable water clarification and particle removal systems designed to replace synthetic and toxic chemicals with natural, biodegradable alternatives. The company operates through two integrated core business segments: Proprietary Water Treatment Products and Water Treatment Systems and Engineering Services. The company offers a specialized portfolio of proprietary bio-flocculants, coagulants, and treatment chemistries, including NorwaFloc, a patented plant-based, non-toxic, and biodegradable flocculant designed for total suspended solids (TSS) reduction, heavy metal removal, and chemical oxygen demand (COD) abatement in industrial effluent; NorwaPol, a natural polymer-based coagulant aid for fine particle aggregation; NorwaDrop, a bio-based demulsifier line for oil-in-water and water-in-oil emulsion breaking; NorwaRad, a specialized treatment formulation for the precipitation and removal of naturally occurring radioactive materials (NORM) and heavy metals; NorwaVent, chemical scrubbing agents for gas and vapor phase odor and contaminant abatement; and customized biodegradable reagent formulations tailored to specific wastewater matrices. In addition to chemical manufacturing, the company delivers comprehensive engineered hardware and technical services, including skid-mounted Dissolved Air Flotation (DAF) units, multi-media filtration systems, lamella clarifiers, and decanter centrifuge integration; bench-scale treatability testing, pilot unit deployment, and on-site chemical dosage optimization; Front-End Engineering Design (FEED) and full-scale system engineering; turnkey installation, commissioning, and plant integration; and long-term chemical supply, remote telemetry monitoring, and lifecycle maintenance agreements. M Vest Water AS serves a diverse client base spanning municipal sewage utilities, mining and minerals processing, dredging and dewatering operations, oil and gas exploration and refining, pulp and paper manufacturing, biogas digestate processing, and maritime industries across Norway, broader Europe, and international markets. In recent operational developments, M Vest Water AS has accelerated its commercialization strategy through strategic cooperation agreements and distribution partnerships with European industrial water treatment contractors and municipal utilities. The company has secured commercial validation contracts and full-scale adoption milestones for NorwaFloc across municipal sewage treatment facilities and heavy industrial manufacturing plants in Scandinavia and Western Europe, demonstrating effective microplastic and pollutant containment alongside synthetic polymer substitution. To support ongoing technological scale-up and global market penetration, the company has expanded its manufacturing capacity, enhanced its automated continuous dosage systems, and completed strategic capital raises on the Euronext Growth Oslo exchange to fund commercial execution, international regulatory approvals, and corporate growth initiatives.