YIT donates EUR 100,000 to help the victims of the war in Ukraine
YIT Corporation Press release 18 March 2022 at 09:00 a.m.
YIT’s Board of Directors decided on a donation of EUR 100,000 to help the people of Ukraine. The donation will be allocated to the Ukraine Disaster Relief Fund of the Finnish Red Cross, which will provide humanitarian aid to those affected by the war and those fleeing the war.
“The Russian military attack has led to great human distress and suffering in Ukraine. We are very shocked by these recent events and our thoughts are with the people of Ukraine,” says Markku Moilanen, the CEO of YIT Corporation.
“We are all touched and shocked by the war. We operate in Central Eastern Europe, where the first refugees are arriving. We hope that this donation we have made to the Red Cross will be allocated to Ukraine and the neighbouring countries in particular, where the need is greatest,” says Markku Moilanen.
As a property developer, it is also natural for YIT to help by providing available space for humanitarian organisations. We concluded an agreement to rent the property in Vallila free of charge to the Ukrainian relief coordination centre in Finland. The centre was opened on 16 March.
Read more:
YIT’s statement regarding business operations in Russia
Finland’s Ukrainian relief coordination centre gets premises in Vallila
For further information, please contact:
Juha Kostiainen, EVP, Urban Development and Sustainability, YIT Corporation, tel. +358 (0)400 721 475, juha.kostiainen@yit.fi
Hanna Malmivaara, Senior Vice President, Group Communications, YIT Corporation, tel. +358 (0)40 561 6568, hanna.malmivaara@yit.fi
YIT is the largest Finnish and a significant North European development and construction company. For 110 years, we have been creating better living environments for our customers: we develop and build functional homes for sustainable living, future-proof public and commercial buildings and infrastructure for smoother flow of people, businesses and society. We employ 7,000 professionals in ten countries: Finland, Russia, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2021 was EUR 2.9 billion. YIT Corporation’s share is listed on Nasdaq Helsinki Oy. www.yitgroup.com/fi
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