YIT has won road maintenance contracts for 2023-2028

YIT Corporation Investor News 10 March 2023 at 08:30 a.m.

YIT has won 3 state road maintenance contracts for 2023-2028. The contracts cover Nilsiä, Pudasjärvi and Paimio areas. The total value of the contracts is approximately EUR 32 million, and they will be booked in the order book of the second quarter of the year. The contracts will commence on October 1, 2023 and will last for five years.

YIT manages public and private road and street networks in ELY centers, cities and municipalities. A collaborative project model is used for road maintenance contracts. YIT also carries out road repair for private road maintenance associations using the SORAMIX method, as well as stoneworks and construction of green areas.

For further information:
Samu Heikkilä, Investor Relations Manager, YIT Corporation, tel. +358 44 581 7979, samu.heikkila@yit.fi 
Pasi Tolppanen, EVP, Infrastructure, YIT, media inquiries through Group Communications, tel. +358 44 743 7536, press@yit.fi 

YIT Corporation

Tuomas Mäkipeska
CFO

Distribution: Nasdaq Helsinki, major media, www.yitgroup.com 

YIT is the largest Finnish and a significant North European development and construction company. We develop and build sustainable living environments: functional homes, future-proof public and commercial buildings, infrastructure for smooth mobility, and renewable energy solutions to benefit the climate. We employ around 5,000 professionals in nine countries: Finland, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2022 was EUR 2.4 billion. YIT Corporation's share is listed on Nasdaq Helsinki. Read more: www.yitgroup.com

Tags: