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    YIT to sell its Workery+ operations to Workland

    YIT Corporation Press Release 31 July 2023 at 2 p.m.YIT has signed an agreement to sell its Workery+ coworking business in Finland to WL Finland Oy, which is part of the Workland Group. The Workland Group, originating from Estonia, is the leading provider of serviced office and coworking solutions in Baltics. The transaction includes the Workery+ operations in Esplanadi, Keilaniemi and Teurastamo in Helsinki Metropolitan area. In connection with the transaction, seven Workery+ employees will transfer to Workland. The parties have agreed not to disclose the terms of the transaction.

    YIT selected as Prysmian Group Finland’s alliance partner for the Prysmian Group’s cable tower construction project in Kirkkonummi

    YIT Corporation Investor News 1 June 2023 at 07:00Prysmian Group Finland Oy has selected YIT as its implementation phase partner for the construction of the Prysmian tower in Kirkkonummi. The implementation phase will continue the cooperation from the development phase, transforming the project into an alliance project. The estimated total value of the construction project is approximately EUR 65 million. The contract will be entered in the order book of the second quarter of the year. The building is to become a production facility of high-voltage submarine cables and, at 185 metres,

    YIT to build Tervakoski school in Janakkala

    YIT Corporation Press release 5 May 2023 at 10:00 a.m.The municipality of Janakkala has chosen YIT to build the new school and multipurpose centre in Tervakoski. The total value of the contract is approximately EUR 17 million, and it will be entered in the order book for the second quarter of the year.   The first phase will consist of building new premises for the secondary school and upper secondary school in the Tervakoski school and multipurpose centre. The facilities will in the first phase serve approximately 280 pupils and 75 staff members. The property’s area is approximately

    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

    YIT, Keva and the City of Helsinki to continue joint development of the Maria area – local detailed plan confirmed

    YIT Corporation Press Release 11 January 2023 at 2 p.m.YIT and Keva will continue the development of the Maria area, together with the City of Helsinki, with the local detailed plan now confirmed. The most significant part of the newbuilding construction of Maria has been planned in the southern part of the old hospital campus, where YIT and Keva have a shared planning reservation. The plan allows the construction of a new growth and technology company block of approximately 50,000 square metres of floor area. A significant start-up and growth company campus is planned for the former

    Completion of the first phase of the Järvenpää Bulevardikortteli block developed by YIT

    YIT Corporation Press release 4 January 2023 at 9:00 a.m.The Bulevardikortteli block being constructed in the city centre of Järvenpää, previously known as the Perhelä block, is progressing as planned and people are already moving into the office building. The services of the City of Järvenpää and the public Järvenpää information point providing services and serving as a meeting place will move into the premises. The office building will also house the bank services of OP Uusimaa and the Hospital District of Helsinki and Uusimaa (HUS) health care services.“Building the Bulevardikortteli

    Blominmäki wastewater treatment plant built by YIT receives the RIL award

    YIT Corporation Press release 24 November 2022 at 3:00 p.m.The Blominmäki wastewater treatment plant won the RIL award 2022, which is celebrating its 50th anniversary this year. The winner was chosen by Member of Parliament Elina Valtonen. In her speech, she emphasised that each of the four finalists demonstrated a high level of Finnish expertise in demanding engineering. “The Blominmäki wastewater treatment plant is a groundbreaking project that excels in international comparison. It is exceptionally demanding and of high quality, a masterpiece of underground engineering. It combines

    YITHackathon won by Montinutra Oy with an ecological solution for the utilisation of forest industry side streams

    YIT Corporation Press release 18 November 2022 at 10:00 a.m.Montinutra's solution for dust control on gravel roads is based on the use of forest industry side streams. The raw material is wood chips, which are refined in the process. "The Hackathon concept is a great way to intensively develop ideas. Winning was partly surprising because the competition was tough. We look forward to working with YIT," says Technology Manager Pertti Tiitola from Montinutra. The goal of YITHackathon was to help us find new ecological materials that effectively bind dust particles during the surface

    YIT launched several residential construction projects during July–September

    YIT Corporation Investor news 20 October 2022 at 08:00 a.m.YIT has started several residential apartment building projects in Finland and Central Eastern European countries in July–September 2022.  The largest projects launched were Espoon Vanbronpolku As Oy, As Oy Treen Itäviitta, Turun Fabriikin Friida As Oy and Asunto Oy Vaasan Sacher. In the Central Eastern European countries, the largest projects were Silvas nami in Latvia, the Naujasis Skansenas buildings and the 16th phase of the Piliamiestis project in Lithuania and, in Slovakia, Magnolia 3, which is part of the Nuppu project.

    YIT takes a significant step towards low-carbon construction

    YIT Corporation Press release 4 October 2022 at 9:00 a.m.YIT is taking a significant step towards low-carbon construction by starting to use Consolis Parma’s low-carbon hollow-core slabs in housing production. In the first phase, the agreement covers the production of apartment buildings by YIT’s units in the Helsinki metropolitan area and Uusimaa. The plan is to gradually expand the agreement thereafter to cover all of YIT’s residential construction operations in Finland.   “We build sustainable homes and living environments. We seek ways to reduce the climate impacts of construction,

    YIT to renovate and extend Kuopio Courthouse

    YIT Corporation Press release 21 September 2022 at 08:00 a.m.YIT and Senate Properties, the enterprise that manages the Finnish Government's properties, have signed a contract for the renovation and extension of the Kuopio Courthouse. The project started in July 2022 and is expected to be completed in early 2024. It will be implemented as a project management contract. The cost estimate for the construction is approximately EUR 13 million. The Kuopio Courthouse project involves the renovation of an old property, built in 1929, which is historically and scenically significant and has a

    YIT’s modern logistics properties developed for, and sold to, DWS Group have been completed

    YIT Corporation Press release 2 September 2022 at 11:00 a.m.YIT has developed and built three significant logistics centres in Vantaa. The first logistics property, K3 West, was completed in 2020, and K3 North in early 2022, both in Vantaa’s Viinikkala district. The last of the three, VT4, was completed in Hakkila in August 2022. The three logistics properties have a combined floor area of 50,000 m2. All three properties have already been sold to a real estate fund managed by DWS Group.The K3 West and K3 North logistics properties were built in a 30-hectare area located between Ring Road

    YIT launches the first phase of construction at Seinäjoki station and sells Asematalo to eQ

    YIT Corporation Investor News August 30, 2022 at 04:00 p.m.YIT has sold the share capital of Kiinteistö Oy Seinäjoen Asematalo to the eQ Community Properties real estate fund and signed contract agreements on the construction of the Aallokko family service centre as well as Asematalo, which will include a new passenger hall, in the area of Seinäjoki station. The total scope of the office and business construction project will be approximately 18,000 m2, and YIT’s share of the value of the agreements will be more than EUR 50 million. The agreements will be included in the order book during

    Private employment services company Eezy will become a tenant of the Pasila Maistraatinportti office building

    YIT Corporation Press release 4th of July 2022 at 11:00 a.m.YIT has signed a lease on locating Eezy Plc’s  operations in the Maistraatinportti office building in the Länsi-Pasila district of Helsinki. The building will be fully renovated, including its facade. The current functions of Eezy’s head office will be relocated to the new modern premises of approximately 4,130 m2 in Maistraatinportti once the renovation is complete in September 2023.  Maistraatinportti is a building completed in 1987 that used to house magazine publishers, and its original unique

    YIT and ACCIONA to become alliance partners together with Helen in seawater heat recovery project

    YIT Corporation Investor news 29.6.2022 at 1:00 p.m.Helen has selected YIT and ACCIONA, as alliance partners for a tunnel system in a seawater heat recovery project in Salmisaari, Helsinki. The cost estimate for the construction of the tunnel system is approximately EUR 400 million, of which YIT's share is for about half. The work will start with a two-year development phase, for which a contract will be signed, and the project will be included in the order book during the third quarter of 2022. The implementation phase of the contract will be added in the order book once the implementation

    YIT Live Bee Cam offers a glimpse of the life in a beehive

    YIT Corporation News May 19, 2022 at 07:30YIT offers you the opportunity to follow the buzz in a beehive from May to August in summer 2022. Beehives have been brought in to a road maintenance site to pollinate nearby plants, and a camera placed at the entrance to the hive captures the bees as they enter and leave the hive.  “We have brought in beehives from a local beekeeper and placed them on top of a hill so that the bees’ flight path is high enough and the bees won’t hit cars driving on the road. Maintaining the beehives will also be safe at the chosen location,” says Teemu Lavikka,

    YIT starts renovation of Maistraatinportti business centre in Länsi-Pasila, Helsinki

    YIT Corporation Press release 12 April 2022 at 10:00 a.m.YIT has started the renovation of the Maistraatinportti property in Länsi-Pasila, Helsinki. The old Otavamedia business centre, located right next to Tripla, will be completely renovated, including the facade, and will provide approximately 12,200 m[2] of office space for rent. At the same time, the property will be converted from a single-user office building to a multi-user building. The building will be completed in autumn 2023. Maistraatinportti will be renovated honoring the original, personal architecture designed by architect

    YIT to build a school in Vääksy in the municipality of Asikkala using the life cycle model

    YIT Corporation Investor news 3 February 2022 at 10.00 amYIT and the municipality of Asikkala have signed a contract on the planning and implementation of the Vääksy upper secondary and high school using a life cycle model, the acquisition of which was carried out through a competitive negotiation procedure. The total value of the contract is approximately EUR 28 million. The contract will be entered in the order book of the first quarter of the year. The project includes the design, construction, and maintenance of the new school building for 20 years. The contract also includes an

    An open minded and solution-seeking construction professional will thrive in alliance model built projects

    YIT Corporation News 8 December 2021 at 08:00 a.m.Reliable, cooperative, experimental, challenger and explorative. People working in an alliance are described in many ways, but do alliance projects need different characteristics than construction projects in general?  As with other project models, alliance projects need strong professionals with the necessary competence for the task. No two alliance experts are cut from the same cloth. "You hear people classified as alliance people and non-alliance people. Alliance construction is still quite similar to other implementations," Anne

    A city develops continuously

    Construction projects evoke emotional responses. In the case of many projects, people’s desire to exercise influence only emerges when construction has already started, and that is too late. Construction is preceded by years of planning, during which it is easier to engage in urban democracy. Urban Design Manager, Architect Linda Wiksten from YIT underscores the fact that construction decisions are big decisions with a long-term impact. This is why the projects and their planning take a long time. The implementation of construction projects involves a great deal of planning, studies,

    The planning of the world’s largest seasonal heat storage is well under way

    YIT, Vantaa Energy and AFRY are planning the construction of the world’s largest seasonal heat storage using the alliance model. At one million cubic metres in size, the underground seasonal heat storage will have a total capacity that corresponds to the annual heating demand of a medium-sized Finnish city. The seasonal storage will play an important role in the phasing out of fossil fuels in energy production in the Vantaa region by 2026. It also supports the goal of carbon neutrality by 2030. The seasonal heat storage containing 140 °C water will be used to store renewable energy

    YIT has taken the responsible infrastructure construction rating system CEEQUAL in use

    YIT pilots CEEQUAL, an international rating system for sustainable development in infrastructure projects. For example, the Sockenplan metro project in Stockholm and The Crown Bridges alliance in Helsinki have applied for CEEQUAL certification. Customer demands for sustainability and responsibility are growing in the construction industry. One way to increase the weight of sustainability in construction projects is through various certificates and rating systems issued by neutral and unbiased third parties, which increase the transparency of responsibility measures. In the infrastructure

    YIT has won numerous road maintenance contracts for 2021-2026

    YIT has won four state road maintenance contracts for 2021-2026. The contracts cover Veteli, Lappeenranta, Raahe-Ylivieska and Karstula areas. The total value of the contracts is approximately EUR 57 million, and they will be booked in the order book of the second quarter of the year. The contracts will commence on October 1, 2020 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 street and road construction as well as

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