Estonia, 2011-04-20 09:44 CEST (GLOBE NEWSWIRE) -- The Supervisory and the Management Boards of AS Harju Elekter took a decision to assemble all Estonian undertakings of the Group under the trade mark of Harju Elekter. The use of a uniform Harju Elekter logo helps to reinforce the competitiveness of the Group and creates additional value and opportunities in marketing.
In light of the foregoing, the Supervisory Board of subsidiary AS Eltek approved AS Harju Elekter Teletehnika as its new name. The Harju County Court’s registration department made the corresponding entry on April 18 of the current year.
Harju Elekter is a leading manufacturer of electrical equipment and materials in the Baltic States. Harju Elekter Group includes the manufacturers of electrical equipment in Estonia, Finland and Lithuania: AS Harju Elekter Elektrotehnika (100%), Satmatic Oy (100%) and Rifas UAB (51%), as well as the manufacturer of telecommunications products AS Harju Elekter Teletehnika (100%) and representative office Harju Elekter AB (90%) and a related company AS Draka Keila Cables (34%). Harju Elekter also has financial investments in the Latvian sales organisation of electrical equipment SIA Energokomplekss (14%) and the Finnish stock company PKC Group Oyj (7%).
Andres Allikmäe
Chairman of the Board
Phone: +372 674 7400