02 Dec Stera to expand its operations in Estonia
Stera has decided to expand its operations by building a new factory in Estonia. It will be located in Allika’s industrial park in the municipality of Saue, close to Tallinn. The new factory will be built in two parts since the total area will be almost 10 000 m². The first part will be completed in the summer of 2017 and the latter part in the end of 2018. The factory building will be built by AS Harju Elekter which is listed on the Tallinn stock exchange main list (http://www.harjuelekter.ee/en).
Stera has also started wiring harness production in Keila which is close to the current Sauen factory. All functions will be transferred to the new factory in Allika from 2017-2019.