Published: 2020-04-30 08:00:00 CEST
Harju Elekter
Company Announcement

Harju Elekter will merge its Swedish subsidiaries

Estonia, 2020-04-30 08:00 CEST -- In order to simplify the coordination of sales and marketing work and the management of Swedish subsidiaries, Harju Elekter decided to merge its Swedish subsidiaries SEBAB AB and Grytek AB during 2020 into one company of Harju Elekter Group.

Harju Elekter Group is a leading producer of MV/LV electrical and engineering devices in the Baltic countries and a well-known and respected manufacturer in Scandinavia. Harju Elekter’s main field of business is the development, manufacturing and sale of equipment necessary for the distribution and transmission of electric energy. The core business is supported by a sheet metal plant in Estonia and the development and leasing of industrial real estate. Harju Elekter Group’s plants in Estonia, Finland, Sweden and Lithuania employ 800 specialists, and 2019 sales revenue of the Group was 143.4 million euros. Shares of Harju Elekter are listed on Nasdaq Tallinn.

Tiit Atso
Member of the Management Board
+372 674 7400

   

Prepared by:
Moonika Vetevool
Corporate communication and IR manager
+372 671 2761