Euro Tech Holdings shares surge 11.73% premarket after subsidiary PACT secures $2.1M water treatment contract in Mongolia.

Euro Tech Holdings surged 11.73% in premarket trading following the announcement that its subsidiary, PACT, secured a $2.1 million contract to provide sewage and potable water treatment solutions for a uranium mining site in Mongolia. The project, valued at $2.1 million and expected to conclude by August 2026, involves design, supply, fabrication, and commissioning for a French-Mongolian joint venture. This contract aligns with the company’s focus on environmental technology and expands its presence in international markets. The positive reaction reflects investor optimism about the new business opportunity and its potential to bolster revenue, despite standard risk disclosures in the press release.