YIT expands its operations into facilities management and property maintenance in Rostov-on-Don, Russia
1/30/2013 4:00 AM EST
YIT
Investor News
YIT expands its operations into facilities management and property maintenance
in Rostov-on-Don, Russia
Helsinki, 2013-01-30 10:00 CET (GLOBE NEWSWIRE) --
YIT expands its operations into facilities management and property maintenance
in Rostov-on-Don, Russia
YIT Group’s Russian subsidiary YIT DON has acquired the facilities management
and property maintenance company Vesta in Rostov-on-Don, southern Russia. The
purchase agreement came into force in December 2012. Following the acquisition,
the new name of the company is YIT Don Servi?e. The maintenance company
currently has 10 employees. The number of personnel will increase already this
year with new maintenance projects.
YIT Don Service is currently responsible for the management and property
maintenance of the Zapadnaya zvezda residential block constructed by YIT Don.
YIT Don Service will manage and maintain all future residential projects
constructed by YIT Group’s Russian subsidiary, YIT Don, in Rostov-on-Don.
”Modern energy-efficient residential buildings require expert property
maintenance. With the acquisition of the facilities management and property
maintenance company, we will be able to offer our customers even better
services that match modern requirements for the phase following the purchase of
the residential unit. One of our new services will be the possibility of paying
residential utility charges on the company’s website”, says Andrey Shumeyev,
General Director of YIT Don.
For further information please contact:
Andrey Shumeyev, General Director, YIT DON, , tel. +7 863
300 0630
Teemu Helppolainen, Head of Division Moscow and Russian Regions,
, tel. +7 915 316 8216
YIT is a leading European service company in building systems, construction
services and services for industry. Our 26,000 professionals serve customers in
14 countries in the Nordic and Baltic countries, Russia and Central Europe. For
over one hundred years we have grown together with our customers and developed
our services in line with the changes taking place in different societies. We
intend to continue on that track. Our vision is to lead the way in creating and
maintaining good living environments. In 2011, YIT’s revenue was approximately
EUR 4.4 billion. YIT’s shares are listed on NASDAQ OMX Helsinki.
www.yitgroup.com
YIT DON is a subsidiary of YIT Group, which constructs residential buildings
within the international YIT Home concept in Rostov-on-Don in southern Russia
near the Azov Sea. Established in 2007, YIT DON has built the Aelita, Zapadnaya
zvezda and Molodyozhny (two first sections) residential complexes in
Rostov-on-Don, a city with more than one million residents, and is currently
building three residential projects in key locations. Aelita, an apartment
building constructed by YIT DON, was selected as the best residential project
annual South Russian Realtor of the Year competition in 2010. www.yitdon.ru