The management of Satmatic Oy, a Finnish subsidiary of Harju Elekter, decided to expand the production space of the plant in relation to the increasing number of orders and production volumes. On 17th of November, a contract was signed with the Ulvila city government and its operator company Kiinteistö Oy Ulvilan Sammontie 9 for increasing the production space by almost 2000 m2. Today, Satmatic Oy is renting 2200 m2 of production space from the Kiinteistö. After the completion of the annex, the plant will have a total of 4125 m2 of production space. The construction of the production space is managed by Kiinteistö, who will organise and conduct a public procurement. The estimated cost of the investment is MEUR 2.8 and the funding is ensured by the Ulvila city government. It is planned to deliver the new production space to Satmatic Oy on 1st of September 2009. Harju Elekter is a leading manufacturer of electrical plants and materials in the Baltic States. 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 Eltek (100%) and the related company AS Draka Keila Cables (34%). Harju Elekter also has financial investments in the Latvian seller of electrical plants SIA Energokomplekss (10%) and the Finnish stock company PKC Group Oyj (9%). Andres Allikmäe Chairman of the Management Board Tel: +372 674 7400 For more information: Endel Palla, Chairman of the Supervisory Board, phone +372 674 7400.