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
9544
Submission date and time
09.05.2022 08:31:21
Content of announcement in Estonian
Title
Komplektalajaamade raamlepingu lõpetamine Enefit Connect OÜga
Message
AS-i Harju Elekter tütarettevõte AS Harju Elekter Elektrotehnika ei pikenda E (https://view.news.eu.nasdaq.com/view?id=b6f0b9006ca2e74bcedabab01f705c40b&lang= et)nefit Connect OÜ-ga (enne lepingu üleandmist E (https://view.news.eu.nasdaq.com/view?id=b6f0b9006ca2e74bcedabab01f705c40b&lang= et)lektrilevi OÜ (https://view.news.eu.nasdaq.com/view?id=b6f0b9006ca2e74bcedabab01f705c40b&lang= et)) (https://view.news.eu.nasdaq.com/view?id=b6f0b9006ca2e74bcedabab01f705c40b&lang= et) lepingut tehasetooteliste komplektalajaamade võimsustega 630 kVA ja 1000 kVA ning kaasnevate komponentide tarnimiseks (https://view.news.eu.nasdaq.com/view?id=b6f0b9006ca2e74bcedabab01f705c40b&lang= et). Oluliselt muutunud majanduskeskkond, kus peale Ukraina sõja puhkemist on järsult tõusnud sisendmaterjalide, komponentide ja energia hinnad, ei soosi varasemalt kokkulepitud tingimustel lepingu jätkamist, mistõttu otsustati lepingut järgnevaks 24 kuuks mitte pikendada. Leping lõpeb 28.02.2023. Tänaseks on Harju Elekter Elektrotehnika tarninud Enefit Connectile üle 600 alajaama kogumahus ligikaudu 15 miljonit eurot. 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 674 7400 Lisainfo: Indrek Ulmas AS Harju Elekter Elektrotehnika juht 5061208 Koostas: Ursula Joon Jurist 674 7413
Content of announcement in English
Title
Termination of the framework contract for compact secondary substations with Enefit Connect OÜ
Message
AS Harju Elekter Elektrotehnika, a subsidiary of AS Harju Elekter, will not renew the contract with (https://view.news.eu.nasdaq.com/view?id=b6f0b9006ca2e74bcedabab01f705c40b&lang= en)Enefit (https://view.news.eu.nasdaq.com/view?id=b6f0b9006ca2e74bcedabab01f705c40b&lang= en) Connect OÜ (before the transfer of the contract (https://view.news.eu.nasdaq.com/view?id=b6f0b9006ca2e74bcedabab01f705c40b&lang= en)Elektrilevi (https://view.news.eu.nasdaq.com/view?id=b6f0b9006ca2e74bcedabab01f705c40b&lang= en) OÜ) with the capacity of the prefabricated compact secondary substations with the capacities of 630 kVA and 1000 kVA and the accompanying components (https://view.news.eu.nasdaq.com/view?id=b6f0b9006ca2e74bcedabab01f705c40b&lang= en). The significantly changed economic environment, where the prices of input materials, components and energy have risen sharply since the outbreak of the war in Ukraine, does not favour the continuation of the contract under the previously agreed conditions, which is why it was decided not to renew the contract for the next 24 months. The contract expires on 28.02.2023. To date, Harju Elekter Elektrotehnika has supplied Enefit Connect with over the 600 substations in the total volume of approximately 15 million euros. Harju Elekter is an international industrial group with more than 50 years of experience, whose main activity is the development and production of electrical and automation equipment. Part of the technical solutions of Harju Elekter are aimed at the renewable energy sector, 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 Management Board +372 674 7400 Additional information: Indrek Ulmas CEO of Harju Elekter Elektrotehnika AS +372 5061208 Prepared by: Ursula Joon Lawyer +372 674 7413