YIT enters into design partnerships to improve its competitiveness

YIT Corporation Press Release 26 March 2024 at 11:00 a.m.

YIT enters into design partnerships in order to improve the quality, cost efficiency and carbon footprint of its operations. With the partnership model, in addition to cost and emission savings, YIT aims for a deeper cooperation model, promoting digitalization, improving the quality of planning and shortening the project turnaround time. The objective is to reach these goals by utilizing the already established design partnerships even more closely. Through the partnerships learning from one project to another becomes more effective and the productized solutions can be developed and implemented with more ease.

As industrial construction becomes more prevalent, process-like activities are emphasized instead of individual project implementations. As a result, learnings can be gained from previous projects and digital information is refined between process steps. Design partnerships are already utilized in other industries, whereas in the construction industry the operating method has so far been less common.

In the first phase, the following design offices have been chosen as YIT's design partners comprehensively representing the architectural, structural, and building engineering design disciplines: Arco Architecture Company Oy, Arkkitehtipalvelu Oy, Granlund Oy, Sitowise Oy and Sweco Finland Oy. The partnerships cover all YIT's business segments operating in Finland, which are Housing, Business Premises and Infrastructure.

"We have engaged in excellent cooperation with the selected partners for a long time in a variety of projects, in our various business segments and extensively throughout Finland. In the future, this cooperation will be further deepened. We will selectively use other design and consulting offices as well to ensure that we always have the best possible and often local expertise at our disposal", said Marko Oinas, SVP Group strategy and Housing segment development.

For further information:

Marko Oinas, SVP Group strategy and Housing segment development

YIT’s Corporate communications, tel. +358 44 743 7536, press@yit.fi

YIT is a leading construction and development company. Building on over 110 years of experience, we develop and build sustainable living environments: functional homes, future-proof public and commercial buildings, and infrastructure to support the green transition. We employ approximately 4,300 professionals in eight countries. Our revenue in 2023 was EUR 2.2 billion. YIT Corporation's shares are listed on Nasdaq Helsinki. 

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