Summary
- Harju Elekter won a €15.5 million contract for Finnish data centre electrical systems.
- Its new Keila factory expands production space for distribution and control equipment.
- Group profitability remains under pressure despite stronger infrastructure orders.
Harju Elekter has secured a contract worth approximately €15.5 million to design and manufacture modular electrical distribution equipment for a data centre being developed in Finland, adding to growing demand for its power infrastructure products.
The contract was signed during the third quarter of 2026 and covers E-house solutions, which integrate electrical distribution and control equipment into factory assembled modules. The customer and facility location have not been disclosed.
Harju Elekter confirmed the order in its financial results for the nine months to 30 September, published on 22 October. The company also reported completion of a 4,000-square-metre production facility in Keila, Estonia, intended to manufacture electrical equipment and control systems for data centre customers.
The new building takes the total production area of its Keila factories to 30,000 square metres. Alongside additional production equipment, the expansion is intended to increase manufacturing capacity for projects in Europe and other international markets.
E-house systems allow electrical equipment to be assembled and integrated before delivery to a construction site. Depending on the project specification, modules can accommodate switchgear, distribution equipment, monitoring systems and other electrical controls within a transportable structure.
Factory integration can reduce some installation and testing work at the final location, but the equipment must still be connected to the wider power system and commissioned as part of the operating facility. Transport dimensions, site access, electrical interfaces and integration with other equipment influence the practical benefits.
Data centres require several stages of electrical distribution between the utility connection and computing equipment. Switchgear, transformers, protection systems and controls have to support both the expected load and the facility’s chosen arrangements for fault management and resilience.
AI computing systems can place particularly concentrated demands on these installations. As rack power requirements increase, distribution capacity and the physical arrangement of electrical systems become important alongside cooling capability and space availability.
The Finnish order provides a confirmed commercial development within that supply chain. However, the contract value does not establish the data centre’s planned IT load, grid capacity or date of operation, none of which has been disclosed in Harju Elekter’s results.
The company’s broader financial performance demonstrates that stronger orders from data centre customers have not removed pressure from other activities. Third quarter revenue was €41.0 million, compared with €43.0 million a year earlier, while operating profit declined to €2.3 million from €3.8 million.
Across the first nine months, revenue decreased to €118.2 million from €126.5 million, with operating profit falling to €3.9 million from €10.1 million.
Management attributed the performance partly to delayed projects, shortages of certain customer specific components and insufficient workloads in several production units. Its Lithuanian operations have experienced weak utilisation, while the company is seeking to increase the contribution from higher value projects in Finland.
Finland and Sweden accounted for 60.1% of the group’s third quarter revenue, compared with 41.7% a year earlier. The increasing contribution from those markets illustrates a change in the geographical distribution of its business.
Harju Elekter is seeking to coordinate production across its factories, including moving more work into Lithuania as order volumes increase. Its expanded Keila operation provides additional capacity, although the profitability of future orders will depend on manufacturing utilisation, production efficiency and delivery schedules.
The latest contract confirms that Finnish data centre investment is creating orders for specialist electrical manufacturers. The next financial periods will show how effectively Harju Elekter converts that demand into completed deliveries and improved earnings.
