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

8913

Submission date and time

29.06.2021 08:05:00

Content of announcement in Estonian

Title

Harju Elektri tütarettevõte omandab osaluse laadimistarkvara arendamise ettevõttes Soomes

Message

AS-i Harju Elekter tütarettevõte Harju Elekter Oy allkirjastas 28.06.2021 lepingu 5,5%-lise osaluse omandamiseks tehnoloogiaettevõttes IGL-Technologies Oy, mis tegeleb parkimise ja elektrisõidukite laadimisjaamade juhtimissüsteemide arendusega. Tehingu hind on ligikaudu 250 000 eurot.

Harju Elekter näeb investeeringuga tehnoloogia arendusettevõttesse võimalust tugevdada kontserni tegevust e-mobiilsuse valdkonnas ning koostöös IGL-Technologies Oy-ga lähitulevikus pakkuda elektriautode laadimissüsteemide tervikpakette nii Põhjamaade kui ka Baltikumi turgudel senisest veelgi laiemalt.

Harju Elekter kontserni Soome tütarettevõte Harju Elekter Oy on teinud IGL-Technologies Oy-ga enam kui kümne aasta jooksul edukalt koostööd ning paigaldanud ainuüksi Soome tänaseks üle 20 000 elektrisõidukite laadija. Lisaks on koostöös loodud Eestisse kaks laadimispunkti Ülemistele ning üks Tehnopoli teadusparki Mustamäel. Pilootprojekte on tehtud ka Lätis ja Leedus. Partnerluses on Harju Elektri rolliks olnud laadimisseadmete riistvara arendus, tootmine ja müük ning IGL-il tehnoloogiliselt sobiva tarkvara pakkumine ning seadmete opereerimine.

IGL-Technologies on Soome juhtiv laadimis- ja parkimistarkvara süsteemide arendaja ja korraldaja. Ettevõtte toodete hulka kuuluvad Soome ainulaadsed kombineeritud kaugjuhitavad laadimis- ja parkimissüsteemid  eTolppa ja eParking, millel on kokku enam kui 125 000 kasutajat.

Harju Elekter on enam kui 50-aastase kogemusega rahvusvaheline tööstuskontsern, mille põhitegevusalaks on elektri- ja automaatikaseadmete väljatöötamine ja tootmine. Üha märkimisväärsem osa Harju Elektri tehnilistest lahendustest on suunatud taastuvenergia sektorisse, pakkudes päikeseenergia jaamade, elektriautode laadimisseadmete ja muude seotud lahenduste tervikpakette. Eesti, Soome, Rootsi ja Leedu tehastes töötab ligikaudu 800 spetsialisti ning kontserni 2021. a I kvartali müügitulu oli 30,7 miljonit eurot. Harju Elektri aktsiad on noteeritud Nasdaq Tallinna börsil.

Tehing ei ole käsitletav olulise osaluse omandamisena ega tehinguna seotud isikuga Nasdaq OMX Tallinna börsi reglemendi tähenduses. AS-i Harju Elekter nõukogu ja juhatuse liikmed ei ole tehingust muul viisil isiklikult huvitatud.  

Tiit Atso
Juhatuse esimees
+372 674 7400



Koostas:
Marit Tack
Kommunikatsiooni- ja investorsuhete juht
+372 5340 8444
E-mail: [email protected]

Content of announcement in English

Title

Subsidiary of Harju Elekter to acquire a holding in Finnish charging software development company

Message

Harju Elekter Oy, a subsidiary of AS Harju Elekter, signed on 28 June 2021 a contract for the acquisition of a 5.5% holding in the technology company IGL-Technologies Oy, engaged in the development of parking, and charging systems for electric vehicle charging stations. The transaction price is approximately 250,000 euros.

With the investment in the technology development company, Harju Elekter sees an opportunity to strengthen the Group’s activities in the field of e-mobility and, in cooperation with IGL-Technologies Oy, to offer in the near future complete electric vehicle charging system packages at the Nordic as well as Baltic markets even more widely.

The Finnish subsidiary of Harju Elekter Group, Harju Elekter Oy, has collaborated with IGL-Technologies successfully for more than ten years and installed over 20,000 electric vehicle charging stations in Finland alone. In addition, two charging stations have been established in Estonia: one in Ülemiste and one in Tallinn Science Park Tehnopol in Mustamäe. Pilot projects have also been carried out in Latvia and Lithuania. The role of Harju Elekter in the partnership has been the development, production, and sales of charging equipment hardware and the provision of technologically suitable software and operation of equipment at IGL.

IGL-Technologies is the Finnish leading development and arrangement company for charging and parking management systems in Finland. The company’s product range includes unique Finnish combined remotely-controlled charging and parking systems, eTolppa and eParking, with more than 125,000 users.

Harju Elekter is an international industrial group with more than 50 years of experience, with its main activity being the development and production of electrical and automation solutions. An increasingly significant portion of Harju Elekter’s technical solutions are aimed at the renewable energy sector, thus offering complete plans for solar power plants, electric vehicle charging stations and other related solutions. Its factories in Estonia, Finland, Sweden, and Lithuania employ approximately 800 specialists, and the Group’s sales revenue for Q1 2021 was 30.7 million euros. The shares of Harju Elekter are listed on the Nasdaq Tallinn Stock Exchange.

The transaction does not constitute an acquisition of a qualifying holding or a transaction with a related party within the meaning of the Rules of the Nasdaq OMX Tallinn Stock Exchange. The members of AS Harju Elekter Supervisory Board and Management Board have no other personal interest in the transaction.

Tiit Atso
Chairman of the Management Board
+372 674 7400



Prepared by:
Marit Tack
Corporate Communications Manager
+372 5340 8444
Email: [email protected]