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    YIT signs agreement with XTX Markets to build large-scale data centre in Kajaani

    YIT Corporation Investor News 20 December 2024 at 17:30 p.m.YIT signs agreement with XTX Markets to build large-scale data centre in Kajaani YIT and XTX Markets have signed an agreement to construct a new large-scale data centre in Kajaani, Finland. The total value of the contract for YIT is approximately EUR 100 million. The project will be entered in YIT’s order book for the last quarter of 2024. The agreed construction project will span approximately 15,000 m² and includes a data hall building on the campus area, the adjacent loading and office building for personnel and a

    YIT has agreed with Hitachi Energy on the construction of a new production and technology centre in Mustasaari

    YIT Corporation Investor News 18 December 2024 at 08:00 a.m.YIT has agreed with Hitachi Energy on the construction of a new production and technology centre in Mustasaari YIT has signed a project management contract with Hitachi Energy for the construction of a new production and technology centre in Vikby's industrial area in Mustasaari Finland. The project includes modern product development, testing and office premises for electrical and automation systems and a new high-tech transformer development, testing and production centre, which will enable Hitachi Energy to double transformer

    Change in the YIT Management Team: Antti Inkilä to leave YIT

    YIT Corporation Stock Exchange Release 9 December 2024 at 9:30 a.m.Change in the YIT Management Team: Antti Inkilä to leave YIT  Antti Inkilä, EVP, Housing segment, is leaving YIT and will pursue his career outside the company. He leaves YIT on 31 December 2024.  "Antti’s contribution to YIT’s residential construction has been immensely important, and he has made a significant career in the company. I warmly thank Antti for his leadership and achievements for YIT over more than 30 years. I wish Antti all the best for the future,” said Heikki Vuorenmaa, President and CEO, YIT.

    New high-quality homes in Niemenranta – YIT launched the construction of a residential apartment building in Tampere

    YIT Corporation Press Release 3 December 2024 at 8:00 a.m.YIT has started the construction of a self-developed residential apartment building, the Asunto Oy Tampereen Kesätuuli, in the Niemenranta residential area of Tampere. Construction began in November 2024 and the new homes will be completed in December 2025. The value of the project is approximately EUR 11 million and it will be recorded in the order book for the last quarter of 2024. The picturesque Niemenranta combines urban living with excellent transport connections and a beautiful lakeside setting. The eight-storey apartment

    YIT to build an apartment building for TA-Asumisoikeus Oy in Tourula, Jyväskylä

    YIT Corporation Press release 29 November 2024 at 12:30 p.m.YIT and TA-Asumisoikeus Oy have signed a contract of Asumisoikeus Oy Jyväskylän Hahlo 3 and 7 in the Tourula district of Jyväskylä, in an area surrounding a former rifle factory. The construction will begin in December 2024 and the project will be completed in early 2026. The value of the contract to YIT is more than EUR 11 million and it will be recorded in the order book of the last quarter of the year. The scope of the contract is approximately 3,500 square metres of floor space, with the property housing a total of 47

    YIT has signed a contract on the renovation of the K2 city block with Senate Properties

    YIT Corporation Investor News 19 November 2024 at 8:00 a.m.YIT has signed a contract on the renovation of the K2 city block with Senate Properties YIT and Senate Properties have signed a contract on the renovation and alteration of the K2 city block, which is located in the centre of Helsinki and houses government activities. The contract area includes the buildings of the Government Quarter, i.e. Kirkkokatu 12 and 14, Pihapaviljonki, Snellmaninkatu 7 and Hallituskatu 3. The buildings are partly protected, and the project will be carried out under a project management contract. The scope

    The circular economy brick won the Finland Chamber of Commerce's Sustainability Deed of the Year award

    YIT Corporation Press Release 13 November 2024 at 5:15 p.m.The circular economy brick developed for the Circular economy block for lifelong learning project has received the prestigious Sustainability Deed of the Year award from the Finland Chamber of Commerce. This innovative building material, which is made from 40% recycled materials such as sanitary porcelain and recycled glass, represents sustainable and environmentally friendly construction.The circular economy brick was created in close collaboration with YIT, the Yrjö and Hanna Foundation, ARK-house Architects, AINS Group, Iittala

    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

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