Changes to the management boards of Harju Elekter’s Finnish subsidiaries

05.01.2018 Harju Elekter Finland Market Announcements

As of 1 January 2018, Rainer Nurkkala, the current Sales Manager, was named the Managing Director of Harju Elekter’s Finnish subsidiary Satmatic Oy, and Maire Korppi, the current Sales Manager, was named the Managing Director of Finnkumu Oy.

The long-time Managing Director of Satmatic Oy, Simo Puustelli, will continue as the Chairman of the Management Board at Harju Elekter’s Finnish subsidiaries: Satmatic Oy, Finnkumu Oy, Telesilta Oy; and the Managing Director of Harju Elekter Kiinteistöt Oy. The current long-time Managing Director of Finnkumu Oy, Matti Ollila, will continue as a Member of Finnkumu’s Management Board.

Rainer Timo Nurkkala (born 13.10.1959) is a graduate of Tampere University of Technology, with a specialty in IT (2005); and the Georgia Institute of Technology (Atlanta, USA), with a Master of Science in Management of Technology (2002). He has been employed at Satmatic Oy since 2009. Mr Nurkkala does not own Harju Elekter shares.

Maire Korpi (born 13.10.1959) is a graduate of Vaasa University of Applied, with a specialty in engineering (2005). She has been employed at Finnkumu Oy since 2004. Mrs Korpi does not own Harju Elekter shares.

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 core 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, Sweden and Lithuania employ nearly 700 specialists, and 9 months sales revenue of the Group was 74 million euros. Shares of Harju Elekter are listed on Nasdaq Tallinn.

Andres Allikmäe
Chairman of the Board/CEO
+372 674 7400


Prepared by:
Moonika Vetevool
Corporate communication and investor relations manager
+372 671 2761