The subsidiary of AS Harju Elekter signed a large volume contract

22.10.2013 Harju Elekter Estonia Market Announcements

AS Harju Elekter’s subsidiary AS Harju Elekter Elektrotehnika won the public procurements for purchasing substations organised by Eesti Energia’s subsidiary Elektrilevi OÜ. As a result of successful negotiations, two large-scale framework agreements with a term of validity of three years were signed. According to the terms of the agreement, the agreements shall be extend automatically on two occasions for a term of one year, if the parties do not notify a wish to terminate the agreement.

According to the signed agreements, AS Harju Elekter Elektrotehnika shall supply OÜ Elektrilevi within three years with about 2,000 pre-fabricated 1- and 2-transformer substations. The supplied automated substations are, thanks to technological developments, becoming an integral part of the “smart grid”, allowing for the remote management of substations and the monitoring of electricity quality. Devices used in substations allow for a partial self-recovery of the grid in case of a failure, meaning that the self-healing system allows one to reduce the scope and duration of blackouts resulting from failures, at the same time checking the grid’s status at any moment and being able to prevent future failures. Substation supplies are directed to the Estonian market.

Harju Elekter is a leading manufacturer of electrical equipment and materials in the Baltic States and well-known producer in Scandinavia. Harju Elektri Grupp includes the manufacturers of electrical equipment in Estonia, Finland and Lithuania: AS Harju Elekter Elektrotehnika (100%), Satmatic Oy (100%) and Rifas UAB (63%), as well as the manufacturer of telecommunications products AS Harju Elekter Teletehnika(100%) and the sales representative  Harju Elekter AB (90%) in Sweden. Harju Elekter also has a related company AS Draka Keila Cables (34%) as well as financial investments in the Latvian seller of electrical equipment SIA Energokomplekss (14%) and the Finnish company PKC Group Oyj (5%).

Andres Allikmäe
CEO/Managing director
Tel: +372 674 7400

Additional information: Manager of AS Harju Elekter Elektrotehnika Ülo Merisalu (Tel: +372 674 7449).