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Published: 2020-09-21 07:44:49 CEST
Harju Elekter Group
Company Announcement

Harju Elekter’s Swedish subsidiary signed a contract related to the upgrading of the Slussen metro station’s electrical substation in Stockholm

Estonia, 2020-09-21 07:44 CEST -- A subsidiary of Harju Elekter Group, SEBAB AB, signed an electrical project contract with administrative body Region Stockholm, which is responsible for public transport; the contract will be the basis for the major refurbishment of the Slussen metro station’s substation. The year-long project will commence this September, and the approximate volume of the contract is EUR 3.5 million.

Region Stockholm is responsible for the development and administration of local public transport. Reconstruction of the metro station is part of the extensive reconstruction of the Slussen area of Stockholm, which includes the construction of new facilities and the transformation of transport by 2025.

Harju Elekter Group is the leading manufacturer of medium and low-voltage electricity and automation equipment in the Baltics, and a well-known and recognised manufacturer in Scandinavia. The main business activity of Harju Elekter is the development, production and sale of equipment required for the distribution and transmission of electricity. The main business activity is supported by the sheet metal production factory in Estonia, as well as the development and leasing of industrial real estate. A total of 800 specialists are employed in the Estonian, Finnish, Swedish and Lithuanian factories of Harju Elekter, with the Group’s six-month sales revenue amounting to EUR 74 million in 2020. Shares of Harju Elekter are listed on the Nasdaq Tallinn Stock Exchange.

 

Tiit Atso
Chairman of the Management Board
+372 674 7400

Additional information:
Mikael Schwartz Jonsson, Managing Director of SEBAB AB, +46 73 870 01 51

 

Prepared by:
Marit Tack
Corporate Communications Manager
+372 5340 8444