Harju Elekter – Merger of AS Harju Elekter subsidiaries – Harju Elekter

AS Harju Elekter published a stock exchange notice on 26 September 2022 announcing the intragroup restructuring of two AS Harju Elekter Estonian factories- subsidiaries AS Harju Elekter Teletehnika and AS Harju Elekter Elektrotehnika. 


In accordance with the information published in the stock exchange notice on 26 September 2022, the merger decisions of AS Harju Elekter Elektrotehnika (the acquiring company) and AS Harju Elekter Teletehnika (the company being acquired) were adopted on 1 December 2022 and an entry of the merger in the commercial register was made on 13 March 2023.

Pursuant to the merger agreement concluded on 30 September 2023, the legal successor of AS Harju Elekter Teletehnika is AS Harju Elekter Elektrotehnika and, with the entry of the merger in the commercial register, all the assets of AS Harju Elekter Teletehnika were wholly transferred to AS Harju Elekter Elektrotehnika. Due to the merger, AS Harju Elekter Teletehnika was deleted from the commercial register 13 March 2023.

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More information on Harju Elekter: See the full profile on EMR Executive Services

More information on Tiit Atso (Chairman of the Board & CEO, AS Harju Elekter): See the full profile on EMR Executive Services

More information on Priit Treial (Member of the Board and Chief Financial Officer, AS Harju Elekter + Member of the Boards of AS Harju Elekter’s subsidiaries): See the full profile on EMR Executive Services

More information on AS Harju Elekter Elektrotehnika (Subsidiary of AS Harju Elekter): https://harjuelekter.com/elektrotehnika/ + Harju Elekter Elektrotehnika is the leading manufacturer of MV/LV electrical equipment for power distribution and automation.

The company started its business as an electrical equipment factory of AS Harju Elekter in 1968. Since the year 2005 it continues operations as Harju Elekter Group’s 100 per cent subsidiary. The production and sales facilities in 10 300 sq.m are situated in Keila. The factory’s 200 employees include 35 engineers.

Quality, environment, occupational health and safety management system has been acknowledged by certification company BVQI as complying with the international standards and the company was awarded ISO 9001:2015 and ISO 14001:2015 and ISO 45001:2018 certificates.

More information on Alvar Sass (Member of the Management Board, Harju Elekter Teletehnika AS + CEO, Harju Elekter Teletehnika and Teletehnika): See the full profile on EMR Executive Services