Harju Elekter

M&A Activity • Feb 2, 2023

Company	AS Harju Elekter Group
Type	Company Release
Category	Other corporate action
Disclosure time	02 Feb 2023 08:00:00 +0200

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Harju Elekter signed an agreement with a major data centre operator in Sweden

The Harju Elekter Group's Swedish subsidiary Harju Elekter AB signed an agreement with one of Sweden's leading data centre operators, atNorth which is expanding their data centre in Sweden with the addition of several new server halls. According to the agreement Harju Elekter will deliver and install transformers and switchgear for electrical power distribution for the new server halls of the atNorth data centre during 2023. The total volume of the agreement is about 2.7 million euros.

atNorth is a leading Pan-Nordic data centre services company that offers sustainable, cost-effective, and scalable colocation and high-performance computing services across Iceland, Sweden and Finland. The company operates five data centres in strategic locations across the Nordics and is trusted by industry-leading organizations to operate their most critical workloads.

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 900 people, and the Group's nine-month revenue in 2022 was 125.3 million euros.

Tiit Atso Chairman of the Management Board +372 674 7400

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

Finantsinspektsioon http://www.fi.ee