At the annual meeting of shareholders, held on 3 May 2018, the shareholders of Harju Elekter selected audit company AS PricewaterhouseCoopers to conduct the audit of the company for 2018–2020.

Introduction to the audit company
PwC is a network of firms in 158 countries with more than 236,000 people around the world. PwC has been operating in Estonia since 1992, and within past 25 years we have become a leading company in our business area. We have more than 500 clients from leading domestic and international companies as well as public sector organizations. PwC Estonia employs nearly 170 specialists who are committed to delivering the highest quality solutions in assurance, advisory, tax and legal services.


Ago Vilu graduated from the University of Karlsruhe (Germany) in 1994, specialising in business administration. He became an Estonian authorised auditor in 1995 and joined PwC the same year.

Ago has extensive expertise in the field of IFRS. He has worked for two years (1997-1999) in the Global Corporate Reporting Group of PwC London office, where he used to advise companies on IFRS questions all around the world. From 2005 until 2008 Ago was based in PwC Moscow where he led the PwC IFRS advisory function for Russia and CIS countries.

From 2008 until 2017 Ago was the Country Managing Partner for PwC Estonia and is now the Lead Partner for PwC Baltics and Belarus. At the same time, he is also leading the regional IFRS competency centre that provides support to the whole CEE region. He is a member of the PwC Global Accounting Consulting Services (“IFRS Technical”) network and a co-author of PwC global IFRS handbook, Manual of Accounting.

From 2001-2007 and 2010-2016 Ago was the Chairman of the Estonian Accounting Standards Board and is currently acting as the Vice-Chairman. He is also a member of the Accounting Regulatory Committee (ARC) of the European Union, which is the body responsible for endorsement of IFRS standards in the EU.