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
3865
Submission date and time
04.12.2012 14:57:07
Content of announcement in Estonian
Title
Osaluse suurendamine Leedu tütarettevõttes
Message
AS Harju Elekter omandas lisaks olemasolevale 51%le Leedu eraisikult veel 12% osaluse Leedu tütarfirmas UAB Rifas, mille järel suurenes ASi Harju Elekter osalus ettevõttes 63%ni. Leping sõlmiti 30.11.2012 ja tehing sulgub 05.12.2012. Vastavalt kokkuleppele osapooled tehingu hinda ei avalikusta. 1991.aastal asutatud UAB Rifas põhitegevus on tööstusautomaatikaseadmete ning elektrienergia jaotus- ja ülekandeseadmete tootmine ja turusta¬mine. Rifas Gruppi kuuluvad tootmisettevõte Rifas UAB ning tema projekteerimisega tegelev tütarettevõte Automatikos Iranga UAB (51%). UAB Rifase 2011.aasta müügitulu oli 6 miljonit eurot, millest 32% moodustas müük väljaspool Leedut ning aasta lõpus töötas Rifas Grupis 67 inimest. AS Harju Elekter on juhtiv elektriseadmete ja -materjalide tootja Balti mere regioonis. Harju Elektri Gruppi kuuluvad elektriseadmete valmistajatehased Eestis, Soomes ja Leedus: AS Harju Elekter Elektrotehnika (100%), Satmatic Oy (100%) ja Rifas UAB (51%) ning telekommunikatsioonitoodete valmistaja AS Harju Elekter Teletehnika (100%) Eestis ja müügifirma Harju Elekter AB (90%) Rootsis. Harju Elektril on osalus sidusettevõttes AS Draka Keila Cables (34%) ning finantsinvesteeringud Läti elektriseadmete müügifirmas SIA Energokomplekss (14%) ja Soome börsiettevõttes PKC Group Oyj (6,4%). Andres Allikmäe Juhataja 6 747 400
Content of announcement in English
Title
Increase of the holding in the Lithuanian subsidiary
Message
In addition to the existing 51% holding, AS Harju Elekter has acquired from a Lithuanian private individual a further 12% holding in its Lithuanian subsidiary UAB Rifas, resulting in an increase of the holding of AS Harju Elekter in the company to 63%. A contract was concluded on 30 November 2012, and the transaction will close on 5 December 2012. By agreement, neither party will be disclosing the value of the deal. Founded in 1991, UAB Rifas’ main business is the manufacture and distribution of automated industrial equipment and of electricity distribution and transmission equipment. Rifas Group includes the manufacturing company Rifas UAB and its design subsidiary Automatikos Iranga UAB (51%). In 2011, UAB Rifas had a sales turnover of EUR 6 million, 32% of which was generated by sales outside Lithuania, and Rifas Group employed 67 people as at the end of the year. AS Harju Elekter is a leading manufacturer of electrical equipment and materials in the Baltic Sea region. Harju Elekter Group includes manufacturers of electrical equipment in Estonia, Finland and Lithuania: AS Harju Elekter Elektrotehnika (100%), Satmatic Oy (100%) and Rifas UAB (51%), as well as the telecommunications products manufacturer AS Harju Elekter Teletehnika (100%) in Estonia and the sales company Harju Elekter AB (90%) in Sweden. Harju Elekter has a holding in the affiliated company AS Draka Keila Cables (34%) and financial investments in the Latvian electrical equipment sales company SIA Energokomplekss (14%) and in the Finnish publicly listed company PKC Group Oyj (6.4%). Andres Allikmäe Managing Director +372 674 7400