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 corporate action

Unique data record identifier

9381

Submission date and time

03.03.2022 09:26:00

Content of announcement in Estonian

Title

Harju Elektri Leedu tehas sõlmis lepingu ajamite juhtimisseadmete tarnimiseks USAsse

Message

Harju Elekter kontserni Leedu tütarettevõte Harju Elekter UAB sõlmis 1.03.2022
Ameerika Ühendriikide Teraskorporatsiooniga, ärinimega Exploratory Ventures LLC,
lepingu madalpinge ajamite ja MCC süsteemide tootmiseks. Need on mõeldud 1500
ajami juhtimiseks nende Arkansase uues Big River Steeli tehases. Tootmine ja
tarned toimuvad kuni 2023. aasta aprillini. Lepingu orienteeruv maht on 10
miljonit eurot.

1901. aastal  asutatud United  States Steel  Corporation on juhtiv terasetootja,
mis  teenindab auto-, ehitus-, seadme-, energia-, konteineri- ja pakenditööstust
kõrge  lisandväärtusega  terastoodetega,  nagu  U.S.  Steeli  patenteeritud XG3(TM)
kõrgtugev  teras. Ettevõte tegeleb ka rauamaagi tootmisega ja aastane toorterase
tootmisvõimsus  on  22,4 miljonit  netotonni.  Ameerika  Ühendriikides  ja Kesk-
Euroopas tegutseva U.S. Steeli peakorter asub Pennsylvanias Pittsburghis.

Big  River Steel kuulub U.S Steelile ning on ainus terase tootmisüksus maailmas,
millel on LEED (Leadership in Energy and Environment Design) sertifikaat.

Harju  Elekter UAB  pakub inseneri-,  lepingutootmise ja  täiskoormuse testimise
teenuseid süsteemi integraatoritele merendus- ja tööstussektoris.

Harju  Elekter on enam kui 50-aastase kogemusega rahvusvaheline tööstuskontsern,
mille  põhitegevusalaks  on  elektri-  ja  automaatikaseadmete väljatöötamine ja
tootmine. 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 900 spetsialisti ning kontserni 2021. aasta müügitulu oli 152
miljonit eurot. Harju Elektri aktsiad on noteeritud Nasdaq Tallinna börsil.

Tiit Atso
Juhatuse esimees
+372 674 7400

Lisainfo:
Tomas Pr?sas
Harju Elekter UAB juht
+37068746399

Koostas:
Marit Tack
Kommunikatsioonijuht
+372 5340 8444
E-mail: [email protected]

Content of announcement in English

Title

The Lithuanian factory of Harju Elekter Group signed an agreement for the supply of motor controls to the USA

Message

The Lithuanian subsidiary of Harju Elekter Group, Harju Elekter UAB, signed a
contract on 1 March 2022 with U.S. Steel Corporation (Exploratory Ventures LLC)
to produce low voltage drives and MCC systems to control 1500 motors that will
be used in new Big River Steel facility in Arkansas. The beginning of production
and supplies are scheduled for this year. Production and deliveries will take
place until April 2023. The approximate volume of the contract is 10 million
euros.

Founded  in 1901, United  States Steel  Corporation is  a leading steel producer
that  serves the  automotive, construction,  appliance, energy,  containers, and
packaging  industries with high value-added steel products such as U. S. Steel's
proprietary  XG3(TM) advanced high-strength steel.  The company also maintains iron
ore  production and has an annual raw steelmaking capability of 22.4 million net
tons.  U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with operations
across the United States and in Central Europe.

Big  River  Steel  is  part  of  U.S.  Steel  Corporation  and is the only steel
production  facility to  be LEED  (Leadership in  Energy and Environment Design)
certified.

Harju  Elekter UAB provides detail  engineering, contract manufacturing and full
load testing services for marine and industrial system integrators.

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.  A  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  900 specialists, and the Group's revenue for 2021 was 152 million
euros.  The  shares  of  Harju  Elekter  are  listed on the Nasdaq Tallinn Stock
Exchange.

Tiit Atso
Chairman of the Board
+372 674 7400

Additional information:
Tomas Pr?sas
Managing Director of Harju Elekter UAB
+37068746399

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