Market announcement

AS Harju Elekter Group

LEI code

5299009GM96I0NYKWS93

Size of the entity

Large group

Economic activities

Real Estate Activities

Industry sector(s)

Credit rating agency

Country of registered office

Estonia

General information

Categories

Other corporate action

Does the information contain personal data?

Yes

Is the data provided voluntary or not?

No

Original language of the information to be provided

Estonian

Is information covering a period?

No

The date to which the information relates

02.11.2026

Version

1

Unique data record identifier

19162

Submission date and time

02.11.2026 14:30:00

Content of announcement in Estonian

Title

Muudatus Harju Elektri Soome tütarettevõtja juhatuses

Message

AS Harju Elekter Group teeb muudatuse oma Soome tütarettevõtja Harju Elekter Oy juhtimises. Alates tänasest, 2. novembrist 2026, asub tegevjuhina ametisse Rauno Stüff, kes vahetab välja senise tegevjuhi Jari Jylli.

Soome elektritaristu turul loovad elektrifitseerimine, energiataristu investeeringud ja kasvav nõudlus elektrijaotuslahenduste järele soodsaid arenguvõimalusi. Samas ei ole Harju Elekter OY senised tulemused ja kõrgema lisandväärtusega projektipõhise äritegevuse areng vastanud kontserni ootustele. Turul avanevate võimaluste paremaks ärakasutamiseks peab Harju Elekter Group vajalikuks tugevdada ettevõtte müügi- ja turundustegevust, arendada aktiivsemalt kliendisuhteid ning kiirendada strateegiliste muudatuste elluviimist. Juhtimismuudatuse eesmärk on anda nendele tegevustele selgem fookus, tugevdada Harju Elekter OY konkurentsivõimet ja luua eeldused ettevõtte pikaajaliseks kasumlikuks kasvuks. 

Rauno Stüff on omandanud magistrikraadi rahvusvahelise ärijuhtimise erialal Concordia International University Estonia'st ning täiendanud end erinevates rahvusvahelistes juhtimis- ja ärijuhtimise programmides. Tal on enam kui 25-aastane kogemus müügi, turunduse, äriarenduse ja ettevõtete juhtimise valdkonnas. Rauno Stüff on töötanud juhtivatel ametikohtadel ettevõtetes Procter & Gamble, Saku Õlletehas, Olympic Entertainment Group, Omniva, Brenstol (Thermory) ja Apollo Kinos. Viimati töötas ta Örum Group / Mercantile AS tegevjuhi ja äridirektorina, vastutades Eesti ja Soome äritegevuse juhtimise eest. Rauno Stüff omab 327 Harju Elekter Group aktsiat.

Harju Elekter tänab senist tegevjuhti Jari Jylli’t panuse eest ettevõttes ja soovib edu edaspidiseks.

Harju Elekter on rahvusvaheline tööstuskontsern, millel on laialdane kogemus kestlike elektrijaotuslahenduste pakkumisel. Harju Elekter Grupp projekteerib, toodab ja paigaldab elektriseadmeid energeetika-, tööstus- ja taristuettevõtetele ning avalikele ja ärihoonetele. Grupi Eesti, Soome, Rootsi ja Leedu üksustes töötab ligikaudu 845 töötajat ning kontserni 2026. aasta 9 kuu müügitulu oli 118,2 miljonit eurot.

Tiit Atso
Juhatuse esimees
Tel +372 674 7400


Content of announcement in English

Title

Changes in the Management Board of Harju Elekter’s Finnish subsidiary

Message

AS Harju Elekter Group is making a change in the management of its Finnish subsidiary, Harju Elekter Oy. As of today, 2 November 2026, Rauno Stüff will assume the position of Managing Director, succeeding the current Managing Director, Jari Jylli.

Electrification, investments in energy infrastructure, and growing demand for power distribution solutions are creating favorable growth opportunities in the Finnish electricity infrastructure market. At the same time, Harju Elekter Oy's performance to date and the development of its higher value-added, project-based business have not met the Group's expectations. To better capitalize on the opportunities available in the market, Harju Elekter Group considers it necessary to strengthen the company's sales and marketing activities, further develop customer relationships, and accelerate the implementation of strategic changes. The purpose of this management change is to provide a clearer focus for these initiatives, enhance Harju Elekter Oy's competitiveness, and create the conditions for the company's long-term profitable growth.

Rauno Stüff holds a master’s degree in international business administration from Concordia International University Estonia and has further developed his expertise through various international leadership and business management programmes. He has more than 25 years of experience in sales, marketing, business development, and corporate management. Throughout his career, he has held senior management positions at Procter & Gamble, Saku Õlletehas, Olympic Entertainment Group, Omniva, Brenstol (Thermory), and Apollo Kino. Most recently, he served as Chief Executive Officer and Commercial Director of Örum Group / Mercantile AS, where he was responsible for managing business operations in Estonia and Finland. Rauno Stüff owns 327 shares in Harju Elekter Group.

Harju Elekter expresses its gratitude to its outgoing Managing Director Jari Jylli for his contributions to the company and extends its best wishes for his future endeavors.

Harju Elekter is an international industrial group with extensive experience in providing future proof solutions for electrical power distribution. We engineer, manufacture, and install electrification solutions for utilities, industries, infrastructure, public and commercial buildings. The entities of Harju Elekter Group in Estonia, Finland, Sweden, and Lithuania employ around 845 people, and the Group’s revenue in nine months of 2026 was 118.2 million euros.

Tiit Atso
Chairman of the Management Board
Tel +372 674 7400