Merger of AS Harju Elekter subsidiaries
March 14 2023 - 2:00AM
Merger of AS Harju Elekter subsidiaries
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.
Harju Elekter is an international industrial
group with extensive experience in providing future proof solutions
for electrical power distribution. We engineer, manufacture, and
install electrification solutions for utilities, industries,
infrastructure, public and commercial buildings. The entities of
Harju Elekter Group in Estonia, Finland, Sweden, and Lithuania
employ around 900 people, and the Group’s revenue in 2022 was 175,3
million euros.
Tiit AtsoChairman of the Management Board+372 674 7400
Prepared by:Marit TackCorporate Communications Manager+372 5340
8444E-mail: marit.tack@harjuelekter.com
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