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    YIT-led Kupittaan kärki partnership project’s alliance moves into development phase

    YIT Corporation Press Release 27 March 2023 at 1:00 p.m.The City of Turku has confirmed the alliance contract of the Kupittaan kärki partnership project and the order of the project planning phase with the YIT-led Terävin kärki consortium. In December, the City of Turku selected the Terävin kärki consortium as the winner of the alliance competition . The project will include the implementation of a deck structure across the railway and Helsinginkatu, a

    YIT joins as an alliance partner in the Kupittaan kärki partnership project

    YIT Corporation Investor News 5 December 2022 at 4:05 p.m.The City of Turku has selected the Terävin kärki consortium formed by YIT, Lundén Architecture Oy and Arkkitehdit von Boehm – Renell Oy as the winner and the coming development phase partners of Kupittaan kärki partnership project alliance competition. The alliance competition was arranged by the city of Turku. The partners of the consortium in the alliance are COBE AsP, WSP Finland Oy and AFRY Finland Oy. The cost estimate for the alliance contract for the Taito campus, infrastructure project and master plan is approximately EUR 130

    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

    Alliance contract for the development stage of Kokkola Sports Park has been signed

    YIT Corporation Press release 29 March 2022 at 10:00 a.m.YIT, as part of an alliance, has signed a contract for the development stage of Kokkola Sports Park. The main contractor of the alliance is YIT, and the main design and architectural design is by UKI Arkkitehdit Oy and Arkkitehtitoimisto Jääskeläinen Oy, structural design by Ramboll Finland Oy and building system design by Granlund Pohjanmaa Oy. The client of the alliance is Kokkolan urheilupuisto Ltd. The initial development phase of the project is expected to last until the end of 2022, during which time the content and

    Communication in construction projects makes everyday life easier for people living nearby

    YIT Corporation Press release 10 February 2021 at 08:00 a.m.When a city is being redeveloped to be even better, it is usually necessary to touch on existing structures as well. For city dwellers living near a construction site, this can be seen as disruptions in everyday life: temporary traffic arrangements, extra noise and vibrations, sometimes also power or water outages. Construction projects invest in communications and discussion with people living, moving and working in the area to minimise disruption to everyday life. YIT's large projects have their own communication teams with

    YIT starts construction of part 2B of the Tampere Tram as part of the Tramway Alliance

    YIT Corporation Investor news 23 December 2021 at 09:00 a.m.YIT, as a party to the Tramway Alliance, starts the implementation of the Tampere Tram from Santalahti to Lentävänniemi. On 16 December 2021, the Supreme Administrative Court ruled on the appeal against the filling permit for Näsinsaari and work can start without delay once the related preparations have been completed; estimated to be in February 2022. Näsinsaari will be built on Lake Näsijärvi and connected to the land by bridges. A channel will be built between the island and the shore. The Tampere tramway phase two will be

    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

    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 signed a contract on the second phase of the University of Helsinki Main Building renovation

    YIT, as part of an alliance, has signed a contract on the second phase of the University of Helsinki Main Building renovation. The total value of the project is approximately EUR 40 million, of which YIT’s share is approximately EUR 37 million. The project will be entered in the order backlog of this year’s third quarter.  The second phase of the renovation of the Main Building consists of the part of the Main Building on Fabianinkatu, designed by J. S. Sirén. The work will begin in August 2021 and the project is scheduled to be completed in summer 2023. The first phase of the renovation

    Alliance model does not work without trust

    In an alliance, trust between the parties is what makes the project organisation work. Trust is built through openness and interaction.  An alliance is a project model based on transparent cooperation. The project organisation formed by the parties is mutually responsible for the planning and construction of the project. The risks and benefits are also shared, which means that everyone wins or loses. Alliances are mainly used in challenging projects involving many uncertainties and stakeholders, such as industrial projects (Naantali CHP), hospital projects (Lapland Central Hospital

    YIT signs an agreement on the implementation phase of the psychiatric hospital included in Lapland Central Hospital

    YIT, as part of an alliance, has signed an agreement with the Lapland Hospital District joint municipal authority on the implementation phase of the psychiatric hospital included in the Lapland Central Hospital expansion project. The project is implemented using the alliance model and it is included in the implementation of the project’s first part, the general hospital. The value of the implementation project for YIT is over EUR 13 million. The agreement will be entered in the order backlog for the first quarter of 2021. Prior to the implementation phase, YIT was involved in the

    Social media frenzy – why roadwork annoys people

    Thousands of people witness the efforts of road and railway maintenance workers every day. For many, the traffic delays caused by maintenance work are a source of annoyance, resulting a lot of feedback. Winter will soon once again come as a surprise to road users all around Finland. That is when the feedback on road maintenance starts to roll in. Even professional road maintenance workers are sometimes caught off guard by the continuous changes in the weather. “Feedback starts to come in if, for example, road users feel that a stretch of road has not been ploughed often enough. We

    YIT is building phase two to the Tampere tram network with the Alliance

    Tampere Tramway Ltd and the City of Tampere have appointed alliance of YIT, NRC, Sweco and AFRY to a contract for second phase of the Tampere tram network. The project is an extension for the ongoing alliance contract. The Alliance parties will jointly design and build the second phase that will be 6,6 kilometers and will involve rail services such as track, road construction and groundwork. The work will commence in 2020 and the project is scheduled for completion in the end of the year 2024. “The decision to continue the tramway strengthens sustainable development of public

    The revival of rail traffic

    Even though COVID-19 is impacting the economy in several areas, the signs point to a tendency for cities to increasingly invest in rail traffic in the 2020s. The requirements of sustainability and a denser urban structure contribute to the revival of rail traffic. Tampere Tramway has been a trailblazer as trams make a return in Finland. It is already undergoing testing and it will start its operations next year. The Jokeri Light Rail and Kruunusilta Tramway Alliance are currently in progress in the capital region. Helsinki City Transport has made a significant investment plan amounting

    Innovations flourish in the alliance model

    YIT Corporation News, April 20, 2020 at 9 amThe alliances of the Tampere Tramway and the Lapland Central Hospital expansion have created several innovations. Ideas sprout because in an alliance project, everyone is working towards a common goal. “Currently, the number of innovations in the Tampere Tramway alliance is 930, of which 433 have been executed and 192 that are approved and waiting to be executed. You won’t get even close to these kinds of numbers in a traditional project model. For instance, if a contractor in a traditional project comes up with a money-saving idea, next they

    YIT, Pöyry and VR Track signed an alliance contract on the development phase of the second part of the Tampere light rail project

    YIT CORPORATION Press release, March 7, 2018, at 10:00YIT, Pöyry Finland and VR Track have signed an alliance contract with the City of Tampere and Tampereen Raitiotie Oy on the development phase of the second part of the Tampere light rail project. The project will be performed using the alliance model, where YIT, Pöyry and VR Track provide the services ordered by the City of Tampere and Tampereen Raitiotie Oy. In the alliance model, the client, designers and contractors cooperate throughout the project. The development phase is estimated to be completed by the end of 2020, and its cost

    Alliance successful in renovating the Suomenlinna tunnel

    YIT Corporation News, February 26, 2018 at 10:00 a.m.Completed early this year, Finland’s smallest alliance project has proved successful. The challenging project was completed within the target schedule and budget. “An alliance is a sensible tool for tackling the many challenges posed by a tunnel project under sea level”, says Ulla Räihä from the Suomenlinna administrative committee. If the spirit of the alliance could be bottled, it would happen when the representatives of the commissioner, planner and the contractor arrive together for an interview. Even though the project is

    First industry alliance wins the Construction Site of the Year 2016 competition

    YIT CORPORATION Press release, October 14, 2016 at 08:00 a.m.The multi-fuel power plant NA4 CHP under construction in Naantali has won the Construction Site of the Year 2016 competition. The win is truly significant, falling, as it does, on the first alliance of industrial construction. The alliance is made up of A-Insinöörit, AX-LVI Consulting Ltd., Turun Seudun Energiantuotanto Oy (TSE) and YIT Construction Ltd. NA4 CHP’s high-standard project management created the framework for a site that has been exceptionally successful in terms of its schedule management, cost-effectiveness and

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