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 price sensitive information
Unique data record identifier
2779
Submission date and time
09.06.2010 13:05:51
Content of announcement in Estonian
Title
ASi Harju Elekter sidusettevõte AS Draka Keila Cables avas tehase laienduse
Message
Harju Elekter Börsiteade 07.06.2010 AS Harju Elekter sidusettevõte Baltimaade juhtiv kaablitootja AS Draka Keila Cables avas möödunud nädala lõpus tehase laienduse. Draka Keila Cablesi tootmishoonesse investeeris ja ehitustöid juhtis AS Harju Elekter, mille tulemusena suurenesid AS Draka Keila Cables'ile renditavad tootmispinnad 3700 ruutmeetri võrra 12 300 ruutmeetrini ja välisladu 18 700 ruutmeetrini. Madalpinge -ning energiakaableid toodetakse kokku 15 tootmisliinil, neist kaks on laienduse käigus lisandunud. Kokku ulatusid Draka Keila Cablesi investeeringud 25 miljoni kroonini, mille tulemusena kasvab tehase tootmismaht 60%. Draka Keila Cables`i 2009. aasta käive oli 399,43 miljonit krooni. Eksport moodustas mullu 283,97 miljonit krooni ehk 71% kogukäibest. Ettevõtte omanikeks on maailma juhtiv kaablikontsern Draka Holding (66%) ja AS Harju Elekter (34%). Draka Keila Cables klientideks on elektrivõrgud, elektri- ning televõrkude ehitajad, tööstusettevõtted ja elektritoodete hulgimüüjad. Ettevõte asutati 1992. aasta detsembris, asutajateks olid toona Nokia Cables Soomest (59%) ja Eesti elektrotehnikaettevõte AS Harju Elekter (41%), välisinvesteering ületas 1 miljon USD, mis tolleaegse maksuseaduse järgi andis loodud ühisfirmale maksuvabastuse kolmeks aastaks ja 50% soodustuse kolmeks aastaks. Euroopa standarditele vastavate jõu- ja paigalduskaablite tootmist alustati AS-i Harju Elekter territooriumil peale põhjalikku renoveerimist ja kaasaegsete tootmisliinide paigaldamist 1993. aasta kevadel. Tehase avamisel pidasid kõne tolleaegne Eesti peaminister Mart Laar ja Nokia juhatuse esimees Jorma Ollila. Kaabli tootmist Keilas alustati 1968 aastal, mida AS Harju Elekter loeb oma tegevuse alguseks. Harju Elekter on juhtiv elektriseadmete ja -materjalide tootja Baltimaades. Harju Elektri Gruppi kuuluvad elektriseadmete valmistajatehased Eestis, Soomes ja Leedus: AS Harju Elekter Elektrotehnika (100%), Satmatic Oy (100%) ja Rifas UAB (51%), samuti telekommunikatsioonitoodete valmistaja AS Eltek (100%) ning sidusettevõte AS Draka Keila Cables (34%). Harju Elektril on ka finantsinvesteeringud Läti elektriseadmete müügifirmas SIA Energokomplekss (14%) ja Soome börsiettevõttes PKC Group Oyj (8%). Andres Allikmäe Juhatuse esimees Tel 6747 400
Content of announcement in English
Title
AS Harju Elekter affiliated undertaking AS Draka Keila Cables opened a factory
Message
Harju Elekter Company Announcement 09.06.2010 AS Draka Keila Cables, an affiliated undertaking of AS Harju Elekter and a leading cable producer in the Baltic States opened a factory extension at the end of last week. AS Harju Elekter invested in the Draka Keila Cables production building and managed the construction work, as a result of which the production premises leased out to AS Draka Keila Cables increased by 3,700 m2 to 12,300 m2 and the external warehouse to 18,700 m2. Low-voltage and energy cables are produced on a total of 15 production lines, two of which were added in the course of the expansion. The investments in Draka Keila Cables totaled EEK 25 million, as a result of which the output of the factory increased by 60%. The turnover of Draka Keila Cables in 2009 amounted to EEK 399.43 million and exports totaled EEK 283.97 million or 71% of total sales. The owners of the company are the global leading cable group Draka Holding (66%) and AS Harju Elekter (34%). The clients of Draka Keila Cables are electricity networks, builders of electricity and television networks, industrial companies and wholesalers of electricity products. The company was founded in December 1992, the founders were Nokia Cables from Finland (59%) and Estonian electro-technical company AS Harju Elekter (41%); foreign investments exceeded USD 1 million, which according to the taxation legislation applicable then granted the founded joint venture tax exemption for three years and a tax incentive of 50% for three years. The production of power and installation cables complying with European standards commenced on the territory of AS Harju Elekter, following the complete renovation and installation of modern production lines, in the spring of 1993. At the inauguration of the factory, speeches were delivered by then Prime Minister of Estonia Mart Laar and the Chairman of the Management Board of Nokia Jorma Ollila. Cable production in Keila commenced in 1968, which AS Harju Elekter deems to be the beginning of its activities. Harju Elekter is the leading producer of electrical equipment and materials in the Baltic States. Harju Elekter Group includes the manufacturers of electrical equipment in Estonia, Finland and Lithuania: AS Harju Elekter Elektrotehnika (100%), Satmatic Oy (100%) and Rifas UAB (51%), also the producer of telecommunications products AS Eltek (100%) and affiliated undertaking AS Draka Keila Cables (34%). Harju Elekter also has financial investments in the Latvian company selling electrical equipment SIA Energokomplekss (14%) and listed Finnish company PKC Group Oyj (8%). Andres Allikmäe Chairman of the Management Board Phone +372 674 7400