Strategic Restructuring of the Management Board at Harju Elekter
Strategic Changes in Management Board of Harju Elekter Group
The Supervisory Board of AS Harju Elekter Group has made an important decision regarding its management structure. This change aligns with the company’s renewed strategic development plans. All current members of the Management Board—Tiit Atso, Priit Treial, and Aron Kuhi-Thalfeldt—will be recalled, paving the way for an expanded board that supports a collaborative start to its new term.
New Management Board Structure from 2025
Effective January 1, 2025, the Management Board will embrace a new structure comprising five key positions, each with specific responsibilities, for a term extending to December 31, 2027:
Meet the New Board Members
1. **Tiit Atso** – Chairman of the Management Board
2. **Priit Treial** – Financial Management
3. **Aron Kuhi-Thalfeldt** – Real Estate
4. **Erko Lepa** – Manufacturing and Supply Chain
5. **Tiit Luman** – Sales, Marketing, and Product Management
Tiit Atso and Aron Kuhi-Thalfeldt have been pivotal members since 2016, with Priit Treial having joined in 2022. This team is set to bring a wealth of experience to the company as it enters this new phase.
Introducing Erko Lepa and Tiit Luman
**Erko Lepa**, born in 1981, came on board in late 2021. His expertise in production and strategic purchasing stems from his diverse roles at ABB, where he transitioned from a product development engineer to the transformation leader overseeing a global initiative in their motors and generators sector. Erko holds a master’s in electric drives and power electronics from Tallinn University of Technology and owns 23 shares in AS Harju Elekter Group.
**Tiit Luman**, born in 1986, has been part of Harju Elekter since 2008, initially as Sales Director. His current role involves overseeing sales, product management, and marketing initiatives. Tiit boasts a master’s degree in business finance and electrical power engineering from Tallinn University of Technology, and he does not possess any shares in the Group.
Importance of the Management Board Expansion
This strategic expansion is not merely a structural adjustment but a deliberate move to lay a robust foundation for achieving the company’s strategic objectives throughout 2025 to 2027. It mirrors the Group's ambition to enhance production capabilities and boost sales efficiency.
Commitment to Competitive Growth
The Supervisory Board firmly believes that this newly formed Management Board will propel AS Harju Elekter Group toward greater competitiveness. By combining diverse skill sets and experiences, the Board is expected to strengthen the company's market presence in both domestic and international spheres.
AS Harju Elekter is recognized as an international industrial group specializing in future-proof electrical power distribution solutions. The company prides itself on engineering, manufacturing, and installing advanced electrification technologies across various sectors, including utilities and commercial infrastructure. With around 840 employees spread across Estonia, Finland, Sweden, and Lithuania, Harju Elekter posted impressive revenues of 145 million euros over the first nine months of 2024.
For inquiries, please contact:
Tiit Atso
Chairman of the Management Board
Phone: +372 674 7400
Frequently Asked Questions
What prompted the changes in the Management Board?
The changes were initiated to align with the Group’s new development strategy, aiming to expand the board and improve management effectiveness.
Who are the new members of the Management Board?
The new board includes Tiit Atso, Priit Treial, Aron Kuhi-Thalfeldt, Erko Lepa, and Tiit Luman, each bringing unique expertise to their roles.
What is the term of the new Management Board?
The new board members will serve for a term of three years, concluding on December 31, 2027.
How will these changes affect the company's operations?
The expansion and restructuring aim to provide a stronger management framework, facilitating enhanced competitiveness and operational efficiency in the upcoming years.
What is the core focus of AS Harju Elekter Group?
Harju Elekter focuses on providing innovative and reliable solutions in electrical power distribution across various industrial sectors.
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