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
4430
Submission date and time
30.04.2014 16:44:07
Content of announcement in Estonian
Title
Läbirääkimiste alustamine
Message
AS Harju Elekter annab teada, et Kontserni Soome tütarettevõte Satmatic Oy on alustanud läbirääkimisi koostööks Soome suurima komplektalajaama valmistajaga Finnkumu Oy. Edukad läbirääkimised suurendavad turuosa Soomes ja võivad viia ka firma aktsiate omandamiseni. Finnkumu Oy on Soome juhtiv ettevõte, mis projekteerib, toodab ja müüb seadmeid elektrienergia jaotuseks, peamiselt komplektalajaamasid ja kaablijaotuskappe. Firma 2013. aasta müügitulud olid 10,4 (2012: 6,6) miljonit eurot. Satmatic Oy on juhtiv tööstusautomaatika seadmete tootja ning Kontserni toodete maaletooja ja edasimüüja Soomes. Firma peakontor ja tehas paiknevad Ulvilas. Ettevõtte 2013. a müügitulud olid 19,7 (2012: 21,3) miljonit eurot ning ettevõttes töötab 76 inimest. Harju Elekter on juhtiv kesk- ja madalpinge elektri- ja automaatikaseadmete tootja Baltimaades ning tuntud ja tunnustatud ettevõte Skandinaavia riikides. Harju Elekter Gruppi kuuluvad elektriseadmete valmistajatehased Eestis, Soomes ja Leedus: AS Harju Elekter Elektrotehnika (100%), Satmatic Oy (100%) ja Rifas UAB (63%) ning telekommunikatsioonitoodete valmistaja AS Harju Elekter Teletehnika (100%). Lisaks on ASil Harju Elekter osalus sidusettevõttes AS Draka Keila Cables (34%) ning finantsinvesteeringud Läti elektriseadmete müügifirmas SIA Energokomplekss (14%) ja Soome börsiettevõttes PKC Group Oyj (5%). Andres Allikmäe Juhataja 674 7400 Lisainformatsioon: AS Harju Elekter juhataja Andres Allikmäe, nõukogu esimees Endel Palla (674 7400). Koostas: Moonika Vetevool Kommunikatsiooni- ja investorsuhete juht 671 2761
Content of announcement in English
Title
Commencement of negotiations
Message
AS Harju Elekter announces that Satmatic Oy, the Group’s subsidiary in Finland, has started negotiations with Finnkumu Oy, Finland’s largest pre-fabricated substation producer. Successful negotiations will increase market share in Finland and may also lead to the acquisition of the company’s shares. Finnkumu Oy is a leading Finnish enterprise involved in the planning, production and sale of electricity distribution devices, mainly pre-fabricated substations and distribution cabinets. In 2013, the company’s turnover amounted to EUR 10.4 (2012: 6.6) million. Satmatic Oy is the leading producer of automated industrial equipment and the importer and distributor of the Group’s products in Finland. The company’s headquarters and plant are located in Ulvila. In 2013, the enterprise’s turnover amounted to EUR 19.7 (2012: 21.3) million, and there are 76 employees working in the enterprise. Harju Elekter is the leading MV/LV electrical and engineering devices producer in the Baltic States as well as well-known and respected in Scandinavia. Harju Elekter Group includes manufacturers of electrical equipment in Estonia, Finland and Lithuania: AS Harju Elekter Elektrotehnika (100%), Satmatic Oy (100%) and Rifas UAB (63%), as well as the telecommunications products manufacturer AS Harju Elekter Teletehnika (100%) in Estonia. In addition, AS 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 (5%). Andres Allikmäe Manager +372 674 7400 Additional information: Andres Allikmäe, Manager of AS Harju Elekter; Endel Palla, Chairman of the Supervisory Board (+372 674 7400). Prepared by: Moonika Vetevool Corporate communication and investor relations manager +372 671 2761