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
5720
Submission date and time
14.10.2016 22:12:04
Content of announcement in Estonian
Title
AS Harju Elekter ostis Soome kinnisvarafirma Kiinteistö Oy Uutvallinkulma
Message
AS Harju Elekter allkirjastas 14. oktoobril 2016 lepingu kinnisvaraette-võtte Kiinteistö Oy Uutvallinkulma ostuks. Tehingu järel hakkab omandatud firma kandma nime Harju Elekter Kiinteistöt Oy. Firma juhatusse määrati Andres Allikmäe (esimees) ning liikmeteks Tiit Atso (AS Harju Elekter finantsjuht) ja Aron Kuhi-Thalfeldt (AS Harju Elekter kinnisvara ja energeetikateenistuse juhataja). Ettevõtte tegevjuhiks määrati Simo Puustelli (Satmatic Oy juhataja). Lepingu hinnaks kujunes 518 tuhat eurot. Soetatav firma on senini rentinud 2470 m2 ulatuses tootmispindasid Kontserni Soome ettevõttele Finnkumu Oy. Lähitulevikus plaanitakse koondada soetatud kinnisvaraettevõtte alla ka Satmatic Oy kasutuses olevad tootmispinnad Keraval ja Ulvilas, kokku 5185m2 ulatuses. Tegevus järgib Kontserni poliitikat, vastavalt millele kuuluvad Kontserni firmade kasutuses olevad tootmispinnad Kontserni omandusse. 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%), Finnkumu Oy (100%) ja Rifas UAB (100%) ning lehtmetalltoodete valmistaja AS Harju Elekter Teletehnika (100%). Lisaks on ASil Harju Elekter finantsinvesteeringud Läti elektriseadmete müügifirmas SIA Energokomplekss (14%), superkondensaatorite tootjafirmas Skeleton Technologies Group OÜ (Eesti, 10%) ja Soome börsiettevõttes PKC Group Oyj (5%). Andres Allikmäe Juhataja 674 7400 Koostas: Moonika Vetevool Kommunikatsiooni- ja investorsuhete juht 671 2761
Content of announcement in English
Title
AS Harju Elekter acquired Finnish real estate company Kiinteistö Oy Uutvallinkulma
Message
On 14 October 2016, AS Harju Elekter signed a contract for the purchase of the real estate company Kiinteistö Oy Uutvallinkulma. Following the transaction, the acquired company will trade under the name Harju Elekter Kiinteistöt Oy. Appointments to the Management Board include Andres Allikmäe (Chairman), and Tiit Atso (CFO of AS Harju Elekter) and Aron Kuhi-Thalfeldt (Head of Real Estate Dept of AS Harju Elekter) as Members. Simo Puustelli (Managing Director of Satmatic Oy) has been appointed CEO of the company. The contract price worked out to be 518,000 euros. To date, the acquired company has been leasing 2,470 sq m of production premises to Finnkumu Oy, the Group’s Finnish company. The plan for the immediate future is to consolidate under the acquired real estate company also the production premises used by Satmatic Oy at Kerava and Ulvila, 5,185 sq m in total. This activity is consistent with the policy of the Group, whereby any production premises used by companies in the Group are owned by the Group. Harju Elekter is the leading MV/LV electrical and engineering devices producer in the Baltic countries as well as well-known and respected company in Scandinavia. Harju Elekter Group includes manufacturers of electrical equipment in Estonia, Finland and Lithuania: AS Harju Elekter Elektrotehnika (100%), Satmatic Oy (100%), Finnkumu Oy (100%) and Rifas UAB (100%), as well as the telecommunications products manufacturer AS Harju Elekter Teletehnika (100%) in Estonia. In addition, AS Harju Elekter has financial investments in the Latvian electrical equipment sales company SIA Energokomplekss (14%), Estonian ultra-capacitors developer and manufacturer Skeleton Technologies Group OÜ (10%) and in the Finnish publicly listed company PKC Group Oyj (5%). Andres Allikmäe Managing Director/CEO +372 674 7400 Prepared by Moonika Vetevool Corporate communication and investor relations manager +372 671 2761