YIT has signed an agreement with Stara on the implementation of extensive paving work in Helsinki, Finland

YIT CORPORATION Press release 30 April, at 10:30 a.m.

YIT and Stara have signed an agreement on implementing extensive paving work in Helsinki, in the eastern, western and northern parts of the city. The agreement includes wear-resistant coating for the city’s busiest roads, recycled asphalt, low temperature asphalt and red asphalt, which is used, for example, in paving cycle paths, as well as mastic asphalt work that is used, for example, in the repaving of bridges.

The project includes asphalt paving, milling and groundwork, such as spreading aggregate and sealing. The project will require approximately 80,000 tonnes of asphalt mixture. The value of the project, which starts on May 2, 2018, and will be complete by the end of November 2018, is approximately EUR 5 million.

In order to increase safety and avoid traffic jams, parts of the paving work will be carried out during nights due to the heavy traffic in Helsinki. Special attention will also be paid to the safety of road users and sites by lowering speed limits on sites and conducting traffic control based on traffic volumes.

“YIT’s part of the total paving work of the City of Helsinki this summer is extensive. Our goal is to plan the implementation and schedule openly together so that the work flows smoothly and possible inconveniences for city residents are reduced to a minimum,” says Heikki Laristo, Project Manager, Helsinki City Construction Services, Stara.

“Our goal is to plan the order of work and schedule together with the city to minimise traffic disturbances. This will mean less need for transferring machines, which means lower emissions and higher work efficiency,” says Markus Kalliomaa, Sales Director, Paving segment at YIT.

Further information:

Markus Kalliomaa, Sales Director, Paving segment, YIT Infra Oy, tel. +358 40 040 8216, markus.kalliomaa@yit.fi

Hanna Malmivaara, Vice President, Communications, YIT Corporation, tel. +358 40 561 6568, hanna.malmivaara@yit.fi

YIT is the biggest construction company in Finland and a major player in Northern Europe. We construct and develop apartments, business premises and entire residential areas. Furthermore, we are specialists in infrastructure construction and paving. Together with our customers, our 10,000 professionals create increasingly functional, appealing and sustainable cities and living environments. We have operations in 11 countries: Finland, Russia, Scandinavian and Baltic countries, the Czech Republic, Slovakia and Poland. The new YIT was created by the merger of YIT Corporation and Lemminkäinen Corporation, both over 100 years old, on February 1, 2018. In 2017, our pro forma revenue amounted to over EUR 3.8 billion. YIT Corporation’s share is listed on Nasdaq Helsinki. www.yitgroup.com