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    YIT selected as a partner for the Helsinki Urban development and Tramway Programme Alliance

    YIT Corporation Investor News 13 November 2024 at 9:00 a.m.YIT has been selected as a partner for the development phase of the Helsinki Urban Development and Tramway Programme Alliance. The projects included in the programme are the Western Helsinki tramway, the West Harbour light rail and the Viikki-Malmi light rail, as well as the related investments. The maximum investment estimate specified by the client for the implementation phase is approximately EUR 1,200 million. The estimate will be specified when the content and target costs of the programme become more precise during the

    YIT announces new strategy and financial targets for 2025-2029, introduces a new segment structure

    YIT Corporation Stock Exchange Release 13 November 2024 at 08.00 a.m.YIT announces new strategy and financial targets for 2025-2029, introduces a new segment structure With the new strategy announced today, YIT improves its resilience over the next five years and provides value creation to all its stakeholders. YIT’s strategic priorities for the strategy period 2025-2029 are:  · to deliver industry-leading productivity and financial performance  · to generate targeted growth and resilience, and  · to elevate customer and employee experience.  YIT will assess the success

    YIT expands its operations in the Czech Republic to the city of Brno

    YIT Corporation Investor News 12 November 2024 at 1:00 p.m.YIT expands its operations in the Czech Republic to the city of Brno YIT continues to grow in line with its strategy in the CEE countries and is expanding its operations in the Czech Republic and establishes a joint venture with the Czech investor group RSJ Investments. The joint venture company buys a plot of land and starts its first project in the Židenice area, Brno. With a population of 400,000, the growing university city of Brno is the second largest city in the Czech Republic and is located about 200 kilometres southeast

    YIT to execute a housing company for TA-Yhtymä in Kera, Espoo

    YIT Corporation Press Release 1 November 2024 at 8:00 a.m.YIT and TA-Yhtymä have signed an agreement on the construction of an ARA-funded Asunto Oy Espoon Kipsimestari in Kera, Espoo. The company consists of two apartment buildings, in addition, the sale of the plot is included in the transaction. The apartments contracted for the TA-Yhtymä are part of the developing Kera. The value of the contract is approximately EUR 12 million and it will be recorded in the order book of the last quarter of the year. The project covers a total of approximately 3,700 square meters of floor space and 48

    YIT Corporation’s financial reporting and Annual General Meeting in 2025

    YIT Corporation Stock Exchange Release 31 October 2024 at 08:45 a.m.YIT Corporation’s financial reporting and Annual General Meeting in 2025  YIT will publish the Financial Statements Bulletin for 2024 on Friday, 7 February 2025. Financial Statements 2024 will be published during week 11/2025 at the latest.  In addition, YIT will publish two Interim Reports and a Half-Year Report in 2025 as follows:  ·Interim Report for January-March on Tuesday, 29 April 2025  ·Half-Year Report for January-June on Friday, 25 July 2025  ·Interim Report for January-September on

    YIT’s Interim Report January-September 2024

    YIT Corporation Stock Exchange Release 31 October 2024 at 8:30 a.m.YIT’s Interim Report January-September 2024  Profitability improved in all segments in Q3, cash flow positive  Third quarter 2024 in brief  ·Order book at the end of the period was EUR 2,736 million (30 Jun 2024: 2,980). At the end of the period, 77% of the order book was sold (30 Jun 2024: 76%).  ·Revenue decreased to EUR 453 million (553). In Housing, revenue in total decreased, increasing in the Baltic and CEE countries and decreasing in Finland. In Business Premises, revenue decreased. Comparison

    New high-quality homes in a desirable area – YIT launched construction of a residential apartment building in Mustasaari

    YIT Corporation Press release 30 October 2024 at 08.00 a.m.YIT has launched the construction of a self-developed residential apartment building, named Bostads Ab Korsholms Bergius Asunto Oy, in Mustasaari near Vaasa. In December 2022, the housing company Astrakan was built on the same idyllic Omenalaakso plot, with the new building bringing the plot’s construction to completion. Located in green, leafy surroundings, the six-storey building will house 40 flats, all of them with a balcony. The scope of the project is approximately 3,000 gross square metres, and its value is approximately

    Publishing of YIT Corporation’s January-September 2024 Interim Report on 31 October 2024

    YIT Corporation Investor News 24 October 2024 at 09:00 a.m.Publishing of YIT Corporation’s January-September 2024 Interim Report on 31 October 2024  YIT Corporation's Interim Report for January-September 2024 will be published on Thursday, 31 October 2024 at approximately 8:30 a.m. EET. The stock exchange release and the reporting materials in Finnish and in English will be available at that time on the company's website at www.yitgroup.com/investors.  A webcast in English and an international telephone conference will be arranged on 31 October 2024 at 10:00 a.m. EET. The results will

    YIT receives an order for the first phase of the construction of the Pirkkala-Linnainmaa tramway

    YIT Corporation Investor News 22 October 2024 at 9:00 a.m.The Pirkkala-Linnainmaa tramway alliance will enter the implementation phase after the municipalities in the area came to a decision on the construction of the tramway. YIT is involved in the project as an alliance partner as part of a group, where YIT and NRC Group Finland are responsible for the construction and AFRY Finland Oy and Sweco Finland Oy are responsible for the design. The group of companies was selected as a service provider for the development phase of the project in the autumn of 2023. The project was commissioned by

    YIT to execute an apartment building for TA-Asumisoikeus Oy in Niemenranta, Tampere

    YIT Corporation Press Release 18 October 2024 at 8:00 a.m.YIT and TA-Asumisoikeus Oy have signed an agreement on the construction of an ARA-funded eight-storey apartment building project named Asumisoikeus Oy Suvialankaari 1 in Niemenranta area, Tampere. The right-of-occupancy dwellings contracted to TA-Asumisoikeus are part of YIT's Niemenranta regional project. The value of the contract is approximately EUR 9 million and it will be recorded in the order book of the last quarter of the year. Asumisoikeus Oy Tampere Suvialankaari 1 has a total area of approximately 2,800 square meters of

    YIT to build the Melkinlaituri elementary school and daycare centre using a life cycle model in Jätkäsaari, Helsinki

    YIT Corporation Investor News 9 October 2024 at 1.45 p.m.YIT to build the Melkinlaituri elementary school and daycare centre using a life cycle model in Jätkäsaari, Helsinki YIT and the City of Helsinki have agreed on the construction of the Melkinlaituri elementary school and daycare centre using a life cycle model in Jätkäsaari, Helsinki. YIT is responsible for the project’s design, implementation and 20-year service period, which also encompasses responsibility for the properties’ optimal energy consumption. The building will be owned by the City of Helsinki. The total value of the

    YIT to execute two apartment buildings for A-Kruunu in Turku Fabriikki

    YIT Corporation Press Release 26 September 2024 at 12:15 p.m.YIT has signed an agreement with A-Kruunu Oy for the construction of Asunto Oy Turun Fabriikin Gunnar and Asunto Oy Turun Fabriikin Giselle apartment buildings in Turku. The houses are part of YIT's regional project Turku Fabriikki. A-Kruunu is a state-owned special assignment company that commissions the construction of affordable rental apartments. The value of the contract for YIT is approximately EUR 17 million and it will be recorded in the order book for the third quarter of the year. The ARA-funded project includes two

    Invitation to YIT’s Capital Markets Day on 13 November 2024

    YIT Corporation Investor News 25 September 2024 at 09:00 a.m.Invitation to YIT’s Capital Markets Day on 13 November 2024  YIT invites investors, analysts and media representatives to its Capital Markets Day on Wednesday, 13 November 2024, at 1:00 p.m. EET. The event will take place in Helsinki, Finland at Aleksanterisali (Aleksanterinkatu 13).  At the Capital Markets Day, YIT will present its updated strategy and new financial targets. The day will include presentations by Heikki Vuorenmaa, President and CEO, Tuomas Mäkipeska, CFO, and other management team members. The language of

    YIT recognised as the most attractive construction industry employer for the fifth consecutive year

    YIT Corporation Press release 17 September 2024 at 13:00 p.m.University-educated professionals in the field of engineering ranked YIT as the most attractive employer in the construction industry in the Universum Professionals Survey for the fifth consecutive year. According to the Universum Student Survey published in May, YIT was the most attractive employer in the construction industry for the sixth consecutive year. YIT was ranked as the most attractive construction industry employer among students and university-educated professionals in the field of technology also this year. YIT

    Composition of YIT Corporation’s Shareholders’ Nomination Board

    YIT Corporation Stock Exchange Release 11 September 2024 at 9.00 a.m.Composition of YIT Corporation’s Shareholders’ Nomination Board YIT Corporation’s three largest shareholders according to Euroclear’s shareholder register on 30 August 2024 and according to the principles of the standing order have had the right to nominate representatives to the Nomination Board. According to the mentioned standing order, a shareholder group can agree on appointing a joint representative to the Nomination Board. The following shareholders have agreed on appointing a joint representative: PNT Group Oy,

    Mika Toivonen appointed Chief Procurement Officer at YIT

    YIT Corporation Press Release 10 September 2024 at 10:00 a.m.Mika Toivonen (civil engineer) has been appointed YIT’s Chief Procurement Officer as of 10 September 2024. He has worked at YIT since 1991 and most recently served as Vice President, Procurement of YIT's Housing segment.  "We have developed YIT's procurement as part of the company's transformation program and strengthened the significance of procurement in improving the company's competitiveness. Mika's role in progressing the changes has been significant and I am very glad that we continue to work closely. The importance of

    YIT to execute apartment buildings for TA

    YIT Corporation Investor News 3 September 2024 at 09:00 a.m.YIT and TA-Asumisoikeus Oy as well as TA-Yhtymä Oy have agreed on three ARA-funded apartment building projects in Helsinki, Joensuu and Tampere. The total value of the contracts is approximately EUR 28 million and it is recorded in the order book of the third quarter of the year. Kiinteistö Oy Helsingin Saarni will be built in Helsinki, in the Haaga district. The gross floor area of the project is approximately 2,600 square meters. There will be 39 apartments that are ecologically heated with geothermal heat. Construction will

    Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

    YIT Corporation Stock Exchange Release 2 September 2024 at 12.00 p.m.Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act  YIT Corporation has on 31 August 2024 received an announcement under Chapter 9, Section 5 and 6a of the Securities Markets Act from Virala Oy Ab, according to which Virala Oy Ab’s holding of the shares and votes of the company decreased below the threshold of 20 percent on 30 August 2024.   According to the announcement, the total number of YIT Oyj’s shares owned directly or through financial instruments

    YIT to build indoor sports hall in Lappeenranta

    YIT Corporation Press Release 20 August 2024 at 11:00 a.m.YIT and the City of Lappeenranta have signed a contract for the construction of an indoor sports hall suitable for sports and events. The project will be carried out as a design-build contract, where the developer will also be responsible for the planning of the site. The contract is worth approximately EUR 14 million and will be entered in YIT’s order book for the third quarter of the year.  The project will provide Lappeenranta with a multi-purpose, modern indoor sports hall suitable for sports and various events, taking into

    YIT’s Half-Year Report January-June 2024

    YIT Corporation Stock Exchange Release 26 July 2024 at 09:00 a.m.YIT’s Half-Year Report January-June 2024   Transformation program savings target achieved ahead of schedule, contracting segments the main profit drivers in the second quarter Second quarter 2024 in brief · Order book at the end of the period was EUR 2,980 million (31 Mar 2024: 3,091). At the end of the period, 76% of the order book was sold (31 Mar 2024: 74%). · Revenue decreased to EUR 434 million (558), mainly due to revenue decrease in Housing. The comparison period included sale of 190 apartments in Finland

    Publishing of YIT Corporation's January-June 2024 Half-year Report on 26 July 2024

    YIT Corporation Investor News 19 July 2024 at 09:00 a.m.Publishing of YIT Corporation's January-June 2024 Half-year Report on 26 July 2024 YIT Corporation's Half-year Report for January-June 2024 will be published on Friday, 26 July 2024 at approximately 9:00 a.m. EEST. The stock exchange release and the reporting materials in Finnish and in English will be available at that time on the company's website at www.yitgroup.com/investors . A webcast in English and an international telephone conference will be arranged on 26 July 2024 at 10:00 a.m.

    YIT to build warehouse facilities for Prysmian Group at the production site of submarine cables in Kirkkonummi

    YIT Corporation Investor News 19 June 2024 at 9:00 a.m.YIT to build warehouse facilities for Prysmian Group at the production site of submarine cables in Kirkkonummi YIT has signed a contract with Prysmian Group Finland Oy for the construction and expansion of warehouse facilities in the company's Kirkkonummi production site for submarine cables. The total value of the construction project is approximately EUR 35 million. The contract will be entered in the order book for the second quarter of the year.  The contract includes the expansion of four hall buildings and the construction

    YIT selected as partner for the renovation of the Aleksanteri School in Tampere

    YIT Corporation Press Release 18 June 2024 at 00:00 p.m.YIT has been selected as a project management contractor for the renovation project of the Aleksanteri School in Tampere, in addition to which YIT will act as main constructor for the project. The City of Tampere is the commissioner of the project. The project is implemented as a goal- and ceiling-priced cooperative project management contract, in which the project management contractor acts as the main constructor of the project. The cost estimate determined by the client for the project management contract is approximately EUR 20

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