Harju Elekter to conclude a new agreement for the supply of substations in Sweden

On  19 December 2024, Harju Elekter Group's  Swedish subsidiary Harju Elekter AB
signed  a new 3- year framework agreement  with the largest Swedish distribution
network  company  E.ON  Energidistribution  AB  with  the  term  of 31.12.2027,
according  to which approximately 2000 substations  will be delivered. The total
volume of the agreement is nearly 15 million euros.

The substations will be produced in the factory of Harju Elekter in Estonia.

E.ON  Energidistribution AB is  the largest electricity  distribution company in
Sweden,   with   more   than  44,000 substations  in  its  electricity  network.
Countrywide,  E.ON Energidistribution AB provides electricity to over 1,000,000
private  and  corporate  customers  in  Sweden.  Its parent company, E.ON, is an
international  privately-owned  energy  supplier  focusing on renewables, energy
networks,  and  customer  solutions,  which  are  the building blocks of the new
energy world.

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 840 people, and
the Group's revenue in nine months of 2024 was 145 million euros.

Tiit Atso
Juhatuse esimees
Tel 674 7400

Additional info:
Martin Frank, Harju Elekter AB, managing director, phone: +46 76 134 50 80
Alvar Sass, AS Harju Elekter, managing director, phone: +372 53933039