YIT has signed contracts with Raahen Vesi and HSY to construct water towers
YIT Corporation Investor News September 20, 2017 at 1:00 p.m.YIT has signed a contract with Raahen Vesi to construct a water tower in Raahe, Finland and with HSY to construct one in Hiekkaharju, Vantaa, Finland. The total value of the contracts is over EUR 12 million. They will be recorded in the order backlog for the third quarter of the year and the profit and revenue are recognized in line with the progress in construction. The water tower in Raahe will be over 40 metres high with capacity of 3,500 cubic metres. It is estimated to be completed in September 2018. In addition to the