YIT CORPORATION                 INVESTOR NEWS              20 MARCH 2012 at 9:00


YIT and SCA Immobilien GmbH have signed a contract regarding all the heating, ventilation, air conditioning (HVAC), sanitation, and instrumentation, control, and automation at the Alpenstraße shopping center in Salzburg, Austria. The value of the contract is EUR 5.7 million and the contract period will be from April 2012 until the end of 2014. YIT has experience in similar large-scale projects, including supermarkets and other shopping centers.

An existing building will be taken down to make way for the new Alpenstraße shopping center, which will consist of three floors of shopping space, one of which is underground, two underground levels of parking, and three parking decks above the center.

YIT’s services entail connecting the heating system to the local district heating network and installing ventilation systems, air curtain equipment and radiators. Each store unit will be provided with access to the incoming and outgoing airflow systems. In addition to the customer restrooms, the sanitation services provided by YIT include rainwater drainage, infiltration ditch drainage, sewage disposal based in part on pump systems, and restaurant wastewater drainage with three grease trap systems. Each store unit will be provided with access to the drinking water and wastewater systems.

The instrumentation, control, automation, and building management technology comprises regulation and control of all existing systems, the operator interface computer including operating system and user software, and control of the inside and outside lighting.

For more information, please contact:
Michael Polzer, Marketing, YIT Austria GmbH; tel. +43-676-342-9161, Michael.Polzer@yit.at


Virva Salmivaara
Senior Vice President, Corporate Communications


YIT celebrates its 100th anniversary in 2012. The company was established in the Grand Duchy of Finland in 1912. Today, 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. 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 Austria GmbH is one of Austria’s leading suppliers of technical building equipment and services across all sectors, including facility management and energy-saving solutions. YIT Austria has 7 branches and more than 600 employees in Austria.


About Us

YIT is the largest Finnish and significant North European construction company. We develop and build apartments, business premises and entire areas. We are also specialised in demanding infrastructure construction and paving. Together with our customers our 10,000 professionals are creating more functional, more attractive and more sustainable cities and environments. We work in 11 countries: Finland, Russia, Scandinavia, the Baltic States, the Czech Republic, Slovakia and Poland. The new YIT was born when over 100-year-old YIT Corporation and Lemminkäinen Corporation merged on February 1, 2018. Our pro forma revenue for 2017 was over EUR 3.8 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com