Harju Elekter sells Skeleton stake. Harju Elekter stock is valued at EUR 98.1 million

Published on 10/15/2026 at 12:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Siemens agreed to pay EUR 5.7 million on October 14, 2026. Harju Elekter stock costs EUR 5.41 on October 15, 2026 at a EUR 98.1 million market value.

Investment sale and operating scale

Harju Elekter accepted a EUR 5.7 million partial sale offer on October 14, 2026.
First-half 2026 revenue reached EUR 77.2 million across a group employing approximately 840 people.
Harju Elekter stock traded at EUR 5.41 at 12:35 p.m. CEST at Lang & Schwarz on October 15, 2026.

Harju Elekter, EE3100004250, Illustration mit AI erstellt.

Harju Elekter (EE3100004250) accepted a EUR 5.7 million offer for part of its stake in Skeleton Technologies on October 14, 2026. According to GlobeNewswire, Siemens International Holding B.V. made the offer, with completion planned during 2026.

Value returns to the balance sheet

The transaction gives Harju Elekter an opportunity to realize part of the investment's value increase and recover its initial investment with a moderate return. The company said the proceeds could strengthen financial flexibility, support future investments and preserve dividend capacity, according to the October 14 release carried by GlobeNewswire.

What does the EUR 5.7 million sale mean?

Harju Elekter will remain a Skeleton shareholder after the partial disposal and described a possible full exit during 2028 if suitable conditions develop. The deal therefore monetizes part of a strategic investment while leaving the group exposed to any future value created by the remaining holding.

Three dated operating signals

On July 23, 2026, the group's first-half revenue was EUR 77.2 million, while results for the second quarter and first half remained below target for revenue and profitability, as stated in the company release carried by GlobeNewswire. On October 2, 2026, Harju Elekter opened a 4,000-square-meter production unit in Keila for data-center electrical systems, reported Trade with Estonia. On October 14, 2026, the company announced the EUR 5.7 million Skeleton transaction through GlobeNewswire.

Next reporting date is October 22

Nasdaq Baltic lists Harju Elekter's next report for October 22, 2026, covering nine months of the year. The exchange identifies the company as HAE1T on the Tallinn market's Baltic Main List and confirms the ISIN, according to Nasdaq Baltic. The company release also points to a potential full Skeleton exit during 2028 if conditions are suitable.

Stock quote and investor context

Harju Elekter was trading at EUR 5.41 at Lang & Schwarz on October 15, 2026 at 12:35 p.m. CEST. The current market capitalization was EUR 98.1 million, while the 52-week range was EUR 4.30 to EUR 6.02, based on a market update dated October 15, 2026.

The further course of trading is shown by the continuously updated real-time quote of Harju Elekter stock.