Satmatic Oy was established in 2002 on the basis of Siemens Oy electrical equipment production entity. (Initially Satmatic Oy was incorporated in 1988. In 1997 it merged with Siemens Osakeyhtiö and continued its activities as part of the automation and driving gear division.) According to the purchase and sale agreement signed on September 19, Harju Elekter acquired all the shares of Satmatic Oy. After this transaction Satmatic Oy continued business operations as Harju Elekter wholly-owned subsidiary.
Satmatic Oy is situated in Ulvila near Pori and is a reliable partner and a leading electrical equipment manufacturer in Finland.