YIT selected to construct a police station in Lahti, Finland

YIT CORPORATION Investor News May 13, 2016 at 9:00 a.m. 

YIT has signed an agreement with Senate Properties on the construction of Lahti’s police station. The project will be realised as an alliance project according to Senate Properties’ priority project model and the value of the project is over EUR 20 million. The construction will begin in September 2016 and the project will be completed in January 2018.

The project consists of the renovation and extension of the former cookhouse and exercise building in the Hennala garrison area into Lahti's main police station. The building was originally constructed in 1973. The project’s total area is approximately 11,000 square metres.

During the project, safe and healthy premises are created for the Häme Police Department according to the police station concept. The new, functional premises will meet modern technical and financial requirements realised in a cost-efficient way.

For additional information, please contact:

Sanna Kaje, Vice President, Investor Relations and M&A, YIT Corporation, tel. +358 50 390 6750, sanna.kaje@yit.fi
Jukka Pohjola, Vice President, Building Construction South-Eastern Finland, YIT Construction Ltd, tel. +358 400 216 618,
jukka.pohjola@yit.fi

YIT CORPORATION

Sanna Kaje
Vice President, Investor Relations

Distribution: NASDAQ Helsinki, major media, www.yitgroup.com

YIT creates sustainable cities and better living environment by developing and constructing housing, business premises, infrastructure and entire areas. We focus on providing a first-class customer experience, high quality and continuous development of our diverse expertise. Our operating area covers Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and Poland. In 2015, our revenue amounted to nearly EUR 1.7 billion, and we employ about 5,300 employees. Our share is listed on Nasdaq Helsinki. www.yitgroup.com

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

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