Harju Elekter Explained

Harju Elekter (or Harju Elekter Group) is Estonian concern which deals mainly with manufacturing of MV/LV electrical equipment.^[1]

The company traces its history back to 1968, when electrical equipment began to be produced in Keila.

Subsidiaries

The Group's subsidiaries are as follows:

• Harju Elekter Elektrotehnika
• Satmatic Oy (Finland)
• Finnkumu Oy (Finland)
• Harju Elekter UAB (Lithuania)
• Harju Elekter AB (Sweden)
• Harju Elekter Kiinteistöt Oy
• Energo Veritas OÜ
• Telesilta Oy
• SEBAB AB
• Grytek AB.

As of 2019, by revenue of 29.1 million euros, the Group is 10th in Estonia.^[2] In 2020, the company earned sales revenue of 146.6 million euros, of which 85% came from the sale of electrical equipment. Operating profit was 6.5 million and net profit was 5.6 million euros.^[3]

Since 1997, the Group is listed in Nasdaq Tallinn.

External links

NASDAQ:

Notes and References

1. Web site: About the company Harju Elekter . harjuelekter.ee . 27 March 2020.
2. Web site: Suured kasvasid suuremaks . majandus24.ee . 27 March 2020 . et . 25 October 2018.
3. Web site: 2020 aastaraamat Harju Elekter .