Harju Elekter

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.[1]

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.[1]

References
  1. "About the company | Harju Elekter". harjuelekter.ee. Retrieved 27 March 2020.
  2. "Suured kasvasid suuremaks". majandus24.ee (in Estonian). 25 October 2018. Retrieved 27 March 2020.
  3. "2020 aastaraamat Harju Elekter" (PDF).
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