Year 2013


In September, AS Harju Elekter celebrated its 45th anniversary. In 1968 established company AS Harju Elekter has become the well-known and accepted manufacturer of MV/LV electrical equipment and automation solutions in the Baltics as well as in Scandinavia.

Swiss CE Asset Management, along with its Baltic partners, announced the next nominees for the Corporate Excellence Award in September. AS Harju Elekter, a third year in the row was recognised as the best in Estonia and TOP5 among the Baltic States (3rd in 2013). It was recognised thanks to its market position, stable customer base, good historic economic results and promotion of the general management of the company.

In September 10 years had passed since UAB Rifas joined Harju Elekter Group. On September 8, 2003 AS Harju Elekter signed a letter of intent to acquire 51% of shares of a Lithuanian company, UAB Rifas. The annual turnover of Rifas was then 7 million Lithuanian litas (2 million euros) and it employed 61 people. Within those 10 years the turnover of Rifas has increased by 5.8 million euros and the number of its employees is now 78 (31.12.2013). The share of AS Harju Elekter has also increased accounting now for 63%.

AS Harju Elekter Elektrotehnika, a subsidiary of AS Harju Elekter, won the public procurement announced by the subsidiary of Eesti Energia, OÜ Elektrilevi, for purchasing unit substations. As a result of successful negotiations, a two 3+1+1-year delivery contracts was signed. A total estimated cost of agreements is 17 million euros. Pursuant to the contract, in the following 3 years, Harju Elekter Elektrotehnika will deliver to OÜ Elektrilevi approximately 2000 unit substations with 1 and 2 transformers, which are manufactured in plants. The supplied automated substations are, due to technological developments, becoming an integral part of the “smart grid”, allowing for the remote management of substations and the monitoring of electricity quality. The substations will be installed, and the deliveries are aimed at the Estonian market.

In third quarter, AS Harju Elekter bought 11 ha of production land on the outskirts of Tallinn, in Allika Industrial Park, with the objective being future industrial real estate development.

In the subsidiaries AS Harju Elekter Teletehnika and Satmatic Oy, the process of implementing the Lean 5S/6S principle of increasing productivity was continued in order to attain maximum customer satisfaction and company profitability through the efficient use of resources and a clear understanding of the costs of the company’s activities.

AS Harju Elekter Teletehnika undertook recertification of ISO 9001 and ISO 14001 quality systems and new 3-year certificates were issued. BVC auditors’ report of recertification was unqualified.

In 2013 the companies of the Group introduced their range of products and comprehensive solutions at all together seven specialised fairs in Estonia, Finland and Sweden. In Germany the Group participated in a specialised fair in the composition of the joint Estonian stand put together by Enterprise Estonia.