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
6142
Submission date and time
05.06.2017 08:55:42
Content of announcement in Estonian
Title
AS Harju Elekter ostis Telesilta Oy
Message
AS Harju Elekter allkirjastas 2.juunil 2017. aastal lepingu Soome laevaehituse elektritööde ettevõtte Telesilta Oy kõigi aktsiate ostuks. Telesilta Oy jätkab oma nime ja kaubamärgi all Kontserni 100%lise tütarettevõttena. Telesilta Oy ostuga laiendab Kontsern teadmisi ja oskusi laevade elektri- ja automaatikaseadmete valmistamisel ja paigaldamisel ning siseneb perspektiivsesse Soome laevaehituse sektorisse. Tehing jõustus allkirjastamise päeval, mil toimusid ka rahalised arveldused. Vastavalt lepingule ja lähtudes asjaolust, et tehing ei ole Börsi reglemendi tähenduses oluline, osapooled tehingu väärtust ei avalikusta. Telesilta Oy juhatuse esimeheks nimetati Simo Puustelli ning liikmeteks Andres Allikmäe, Tiit Atso, Pertti Vuorinen ja Kari Laulajainen, kes jätkab ühtlasi Telesilta Oy tegevdirektorina. Konsolideeritud raamatupidamise aruannetes kajastatakse Telesilta Oy majandustulemusi alates käesoleva aasta 1.juulist. Telesilta Oy on Soomes Uusikaupunkis 1978. aastal asutatud elektritööde ettevõte, mis on spetsialiseerunud laevade elektrisüsteemide projekteerimisele, seadmete valmistamisele ja paigaldamisele, seadistamise ja hoolduseni välja. Ettevõtte 2016. aasta käive oli 4,5 miljonit eurot ning ettevõttes töötab 30 inimest. Harju Elekter Grupp on juhtiv kesk- ja madalpinge elektri- ja automaatikaseadmete valmistaja Baltimaades ning tuntud ja tunnustatud tootja Skandinaavia riikides. Harju Elektri põhitegevusalaks on elektrienergia jaotuseks ja ülekandeks vajalike seadmete välja töötamine, tootmine ja müük. Põhitegevust toetavad lehtmetalltoodete tehas Eestis ning tööstuskinnisvara arendamine ja rentimine. Harju Elekter Grupi Eesti, Soome ja Leedu tehastes töötab enam kui 500 spetsialisti ning Kontserni müügitulud on üle 60 miljoni euro aastas. Harju Elektri aktsiad on noteeritud Nasdaq Tallinna Börsil. Nasdaq Tallinna börsi reglemendi tähenduses ei ole antud tehingu puhul tegemist tehinguga seotud isikute vahel. Andres Allikmäe Juhatuse esimees 674 7400 Koostas: Moonika Vetevool Kommunikatsiooni- ja investorsuhete juht 671 2761
Content of announcement in English
Title
AS Harju Elekter purchased Telesilta Oy
Message
On 2 June 2017, AS Harju Elekter signed a contract for the purchase of all shares in Telesilta Oy, an electrical engineering company specializing in electrical contracting for the shipbuilding industry. After the transaction, Telesilta Oy will continue to operate under its own name and brand as a wholly-owned subsidiary of the Group. The purchase will provide new knowledge and skills in manufacture and installation of electrical and automation equipment for ships, and opens the door to the promising Finnish shipbuilding sector. The transaction was completed on the date of signing, when monetary settlements were also made. According to the agreement and as the transaction is not significant according to the Stock Exchange Rules, the parties will not disclose the value of the transaction. Simo Puustelli was appointed Chairman and Andres Allikmäe, Tiit Atso, Pertti Vuorinen and Kari Laulajainen were appointed as Members of the Management Board of Telesilta Oy. Kari Laulajainen will continue as a Managing Director of Telesilta Oy. The financial indicators of Telesilta Oy will be included in consolidated reports of Harju Elekter as of 1 July 2017. Telesilta Oy is an electrical engineering company established in 1978, located in Uusikaupunki, Finland. The company specializes in electrical contracting for the shipbuilding industry – everything from planning to installation, implementation and service. The annual sales revenue of the company was 4.5 million euros in 2016, and the company employs 30 people. After launching its activities in 1968, Harju Elekter Group has developed into a leading producer of MV/LV electrical and engineering devices in the Baltic countries and a well-known and respected manufacturer in Scandinavia. Harju Elekter’s main field of business is the development, manufacturing and sale of equipment necessary for the distribution and transmission of electric energy. The main business is supported by a sheet metal plant in Estonia and the development and leasing of industrial real estate. Harju Elekter Group’s plants in Estonia, Finland and Lithuania employ more than 500 specialists, and the annual sales revenue of the Group exceeds 60 million euros. Shares of Harju Elekter are listed on Nasdaq Tallinn. This is not a transaction between related parties according to the Rules and Regulations of Nasdaq Tallinn. Andres Allikmäe Chairman of the Management Board/CEO +372 6747 400 Prepared by: Moonika Vetevool Corporate communication and investor relations manager +372 671 2761