OREANDA-NEWS. October 08, 2012. As a result of the right management decisions and continuous development activities, Harju Elekter Group has become a leading producer of electrical equipment and materials in the Baltic Sea region and has increased the Group’s sales and operating profit by ten-fold over its 15 years on the exchange, reported the press-centre of Harju Elekter.

AS Harju Elekter is also one of the few companies on the Tallinn Stock Exchange which has paid dividends to its shareholders, totalling EUR 15.08 million over 15 years.

Harju Elekter is a leading manufacturer of electrical equipment and materials in the Baltic Sea region. Harju Elekter Group includes the manufacturers of electrical plants 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 the sales organization Harju Elekter AB (90%) in Sweden. Harju Elekter also has a related company AS Draka Keila Cables (34%) and financial investments in the Latvian seller of electrical equipment SIA E.