Harju Elekter AS 2018 AR2
The report highlights Harju Elekter's achievements during its 50th anniversary year in 2018, during which the company achieved an 18% increase in sales revenue to 120.8 million euros. Key milestones included the opening of a modern factory in Keila Industrial Park, the acquisition of Swedish companies SEBAB AB and Grytek AB, and the construction of a 794 kW solar power plant in Haapsalu. The Group also expanded its production facilities in Lithuania and integrated new automated manufacturing lines to transition toward Industry 4.0. Despite challenges in the shipbuilding sector that impacted profitability, the company strengthened its market presence in Scandinavia, particularly in Sweden and Finland.
Company: Harju Elekter AS
Sector: Manufacturing
Country: Estonia
Year: 2018
Type: AR2
Pages: 88
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Harju Elekter AS
Annual Report
The report highlights Harju Elekter's achievements during its 50th anniversary year in 2018, during which the company achieved an 18% increase in sales revenue to 120.8 million euros. Key milestones included the opening of a modern factory in Keila Industrial Park, the acquisition of Swedish companies SEBAB AB and Grytek AB, and the construction of a 794 kW solar power plant in Haapsalu. The Group also expanded its production facilities in Lithuania and integrated new automated manufacturing lines to transition toward Industry 4.0. Despite challenges in the shipbuilding sector that impacted profitability, the company strengthened its market presence in Scandinavia, particularly in Sweden and Finland.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Renewable Energy
Total Waste
Workplace Fatalities
Employees