Harju Elekter

{{Short description|Company based in Estonia}}

Harju Elekter (or Harju Elekter Group) is an Estonian concern which deals mainly with manufacturing of MV/LV electrical equipment.{{cite web |title=About the company {{!}} Harju Elekter |url=https://harjuelekter.ee/en/content/about-company-0 |website=harjuelekter.ee |accessdate=27 March 2020}}

The company traces its history back to 1968, when electrical equipment began to be produced in Keila.

Subsidiaries

The Group's subsidiaries are as follows:

  • Harju Elekter Elektrotehnika
  • Satmatic Oy (Finland)
  • Finnkumu Oy (Finland)
  • Harju Elekter UAB (Lithuania)
  • Harju Elekter AB (Sweden)
  • Harju Elekter Kiinteistöt Oy
  • Energo Veritas OÜ
  • Telesilta Oy
  • SEBAB AB
  • Grytek AB.

As of 2019, by revenue of 29.1 million euros, the Group is 10th in Estonia.{{cite web |title=Suured kasvasid suuremaks |url=https://majandus24.postimees.ee/6437231/suured-kasvasid-suuremaks |website=majandus24.ee |accessdate=27 March 2020 |language=et |date=25 October 2018}} In 2020, the company earned sales revenue of 146.6 million euros, of which 85% came from the sale of electrical equipment. Operating profit was 6.5 million and net profit was 5.6 million euros.{{Cite web |title=2020 aastaraamat Harju Elekter |url=https://harjuelekter.com/wp-content/uploads/2021/10/he_aastaraamat_2020.pdf}}

Since 1997, the Group is listed in Nasdaq Tallinn.

References

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