YIT Oyj

Ticker/ISIN
YIT
FI0009800643
Marknad/Land
Main Market, Helsinki
Sweden

Om YIT Oyj

YIT leads the way in construction field by creating more attractive and sustainable urban environments in Finland, Russia, the Baltic countries, the Czech Republic and Slovakia. YIT builds housing, business premises and infrastructure, develops entire areas, and offers residential service concepts for consumers. YIT has over 100 years of experience and a strong market position: it is the largest residential construction company in Finland and the most significant foreign residential construction company in Russia. YIT is also one of the largest business premises and infrastructure construction companies in Finland. YIT has more than 6,000 employees in seven countries. In 2012, the company’s revenue was approximately EUR 2.0 billion. YIT’s shares are listed on NASDAQ OMX Helsinki.

Senaste sammanfattade pressmeddelande från YIT Oyj

YIT Corporation will release its Financial Statements Bulletin for 2024 on February 7, 2025, at 8:30 a.m. EET. The information will be available in Finnish and English on their website. A webcast and international telephone conference will be held at 10:00 a.m. EET, featuring presentations by President and CEO Heikki Vuorenmaa and CFO Tuomas Mäkipeska. The webcast can be accessed online, with a recording available afterward. Participants can join the teleconference by registering online, where they will receive access details. The event is intended for investors, analysts, and the media. YIT is a major construction and development company, employing around 4,300 people across eight countries, with 2023 revenue of EUR 2.2 billion. Their shares are listed on Nasdaq Helsinki.
YIT Corporation's Shareholders’ Nomination Board has proposed several items for the Annual General Meeting on April 3, 2025. They suggest electing a Chairperson, Vice Chairperson, and four ordinary members to the Board of Directors, with fees remaining the same as the previous year. They recommend that 40% of the annual remuneration for Board members be paid in YIT shares, purchased from the market. The Nomination Board also proposes meeting fees of EUR 800 for regular members and EUR 1,600 for chairpersons per meeting. Jyri Luomakoski is proposed for re-election as Chairperson, Casimir Lindholm as Vice Chairperson, with Anders Dahlblom, Sami Laine, Kerttu Tuomas, and Leena Vainiomäki as ordinary members. The Nomination Board emphasizes the competence and independence of the proposed members, except Anders Dahlblom, who is dependent on a major shareholder. Essential information about the candidates will be available on YIT's website. The Nomination Board was established in 2016 and includes representatives from YIT’s largest shareholders. YIT Corporation is a leading construction and development company, employing about 4,300 people across eight countries, with a revenue of EUR 2.2 billion in 2023.
YIT Corporation has been selected as a partner by the Turku Tramway Alliance for the project management contract of the Port of Turku-Varissuo tramway line's depot and power supply station structures. The main clients are Turun Raitiotie Oy and the City of Turku, with service providers including NRC Group Finland Oy and others. YIT's role in the development phase is to manage the planning of the depot and power supply station buildings to create cost-effective solutions and set a budget target with the alliance. The project’s continuation depends on the Turku City Council's decision to invest in the tramway by the end of 2025, with a preliminary budget of EUR 30 million. YIT was chosen for its expertise in depot construction, having been involved in similar projects in Tampere and Helsinki. The project aims to ensure reliable tram operations with functional depot facilities and power stations that fit the cityscape and minimize construction disturbances.
YIT Corporation announced the construction of Asunto Oy Raaseporin Norra Marina, a row house and apartment building project located at Ekenäs’ North Harbor. Construction began in December 2024, with completion expected by December 2025. The project, valued at approximately EUR 13 million, includes 34 homes—12 row houses and 22 apartments—spanning about 3,100 square meters. The development offers a seaside location with easy access to Ekenäs’ services and features environmentally friendly designs, including geothermal heating and solar panels. Most parking spaces will support electric vehicle charging. The housing project has attracted significant interest, with two-thirds of the apartments already reserved. YIT Corporation is a leading construction company with a focus on sustainable development, employing around 4,300 people across eight countries.
YIT Corporation has begun constructing a self-developed apartment building, Asunto Oy Tampereen Ohjaaja, in the Tohlopinranta residential area. The construction started in November 2024 and is expected to finish by December 2025. The project, valued at approximately EUR 11 million, will be recorded in YIT's order book for the fourth quarter of 2024. The six-storey building, located on the shore of Lake Tohloppi, will consist of 38 apartments ranging from 23 m² to 100.5 m², all featuring balconies. The building will incorporate environmentally friendly features, including water-circulating ceiling heating panels, district heating, solar panels, and renewable electricity during construction. It will also facilitate green living choices for residents and minimize construction waste. The area offers natural surroundings with access to recreational activities. Upon completion, traffic will be redirected to create a green park area, enhancing the district's appeal. YIT is a major construction and project development company with over 110 years of experience, employing around 4,300 professionals across eight countries.
YIT Corporation announced a contract to construct a rental building in the Kangas urban development area near Jyväskylä's center. The building, subsidized by Finland's Housing Finance and Development Centre (ARA) and owned by A-Kruunu, began construction in December 2024 and is expected to complete in January 2026. The contract is valued at approximately EUR 11 million and will be added to YIT's order book for Q4 2024. Located at Rullakuja 3, the eight-storey building will include apartments, commercial space, common areas, and storage facilities, covering about 3,700 square meters. It will meet energy class A requirements and feature solar panels. The design is inspired by the former Kangas paper mill, part of Jyväskylä's significant urban development project, Kangas, which was named District of the Year 2024 by the Finnish Local Heritage Federation. The area is close to recreational areas and city services. YIT's regional director, Marjaana Nissilä-Ryytty, and A-Kruunu's construction director, Leena Aho-Manninen, highlighted the project's importance and collaboration. YIT is a major construction and project development company, employing about 4,300 people across eight countries, with a 2023 turnover of EUR 2.2 billion.
YIT Corporation announced it has signed a EUR 100 million contract with XTX Markets to build a large-scale data center in Kajaani, Finland. The project, covering about 15,000 m², will include a data hall, loading and office buildings, and a maintenance facility. This development will enhance Kajaani's data center ecosystem. XTX Markets, a leading algorithmic trading firm, selected Kajaani to support its computational needs. Aleksi Laine from YIT highlighted the significance of the project for the local region and Finland's appeal for large-scale data center investments. YIT is a major construction company with operations in eight countries and a 2023 revenue of EUR 2.2 billion.
YIT Corporation has signed a project management contract with Hitachi Energy to construct a new production and technology center in Mustasaari, Finland. The project, valued at approximately EUR 105 million, includes facilities for product development, testing, and a high-tech transformer production center to double Hitachi Energy's transformer production capacity in Finland. The construction, covering around 44,000 square meters, will start in February 2025 and is expected to be completed in early 2027. This initiative is part of Hitachi Energy's investment in sustainable energy and aligns with YIT's strategy to support green energy transition and Finland's electricity supply security.

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Nyheter för investerare: Invitation to YIT's Capital Markets Day on 13 November 2024

YIT Corporation is hosting a Capital Markets Day on November 13, 2024, at 1:00 p.m. EET in Helsinki, Finland, at Aleksanterisali. The event will feature presentations on YIT's updated strategy and new financial targets by President and CEO Heikki Vuorenmaa, CFO Tuomas Mäkipeska, and other management team members. The event will be conducted in English. Interested participants must register online by November 1, 2024. The event can also be followed via a live webcast, with a recording available afterward. The presentations will be accessible on YIT’s website at the start of the event. The agenda includes registration and lunch at 12:15 p.m., presentations and Q&A at 1:00 p.m., and the event conclusion at 4:00 p.m. For further details, contact YIT’s Investor Relations. YIT is a construction and development company with 4,300 employees across eight countries, generating EUR 2.2 billion in revenue in 2023.

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Nyheter för investerare: Kutsu YIT:n pääomamarkkinapäivään 13.11.2024
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Nyheter för investerare: YIT recognised as the most attractive construction industry employer for the fifth consecutive year

YIT Corporation has been ranked as the most attractive employer in the construction industry by university-educated professionals in the Universum Professionals Survey for the fifth consecutive year, and by students in the Universum Student Survey for the sixth consecutive year. YIT also improved its ranking in the overall technology sector, rising to 17th place. Approximately 8,600 people participated in the survey, including around 1,900 engineering professionals. YIT attributes its success to its skilled employees, focus on customer needs, and professional growth opportunities. Notable projects include the Prysmian tower in Kirkkonummi, Finland's tallest building, the Kruunuvuorensilta bridge in Helsinki, and Finland’s first circular economy block in Jätkäsaari, Helsinki. Additionally, YIT's trainee program aims to develop young construction professionals, with 99% of trainees expressing a desire to continue working at YIT. YIT employs around 4,300 professionals in eight countries and had a revenue of EUR 2.2 billion in 2023.

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Nyheter för investerare: YIT viidettä vuotta peräkkäin rakennusalan ihannetyönantaja
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Övrig information som ska lämnas enligt börsens regler: YIT Oyj:n osakkeenomistajien nimitystoimikunnan kokoonpano
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Övrig information som ska lämnas enligt börsens regler: Composition of YIT Corporation's Shareholders' Nomination Board

YIT Corporation announced the composition of its Shareholders' Nomination Board on 11 September 2024. The three largest shareholders as of 30 August 2024, according to Euroclear’s register, have nominated representatives to the board. These shareholders are Tercero Invest AB, a shareholder group including PNT Group Oy and others, and Varma Mutual Pension Insurance Company. The appointed representatives are Alexander Ehrnrooth, who will serve as Chairperson, and Jyri Luomakoski, who will participate as an expert member. The Nomination Board is responsible for preparing proposals concerning Board members and their compensation for the next General Meeting. For more information, contact Juha Jauhiainen, Corporate General Counsel at YIT Corporation. YIT is a leading construction and development company with a revenue of EUR 2.2 billion in 2023, employing approximately 4,300 professionals across eight countries. Its shares are listed on Nasdaq Helsinki.

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Nyheter för investerare: Mika Toivonen nimitetty YIT:n hankintajohtajaksi
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Nyheter för investerare: YIT to execute apartment buildings for TA

YIT Corporation announced on 3 September 2024 that it has agreed on three ARA-funded apartment building projects with TA-Asumisoikeus Oy and TA-Yhtymä Oy in Helsinki, Joensuu, and Tampere. The total value of these contracts is approximately EUR 28 million, recorded in the third quarter's order book. The projects include: 1. Kiinteistö Oy Helsingin Saarni in Helsinki's Haaga district, with 39 geothermal-heated apartments, a gross floor area of 2,600 square meters, starting in September 2024 and completing in August 2025. 2. Asumisoikeus Oy Joensuun Tulliportinkatu 7b and c in Joensuu's Tulliportti area, comprising two blocks with 46 apartments and a gross floor area of 4,200 square meters, starting in September 2024 and completing in October 2025. 3. Asumisoikeus Oy Tampereen Tohlopinranta 29 in Tampere's Tohlopinranta area, featuring an 8-storey building with 34 apartments and a gross floor area of 2,550 square meters, starting in September 2024 and completing in September 2025. Both companies expressed satisfaction with their ongoing collaboration. Further information can be obtained from YIT Group Communications. YIT is a leading construction and development company with over 110 years of experience, employing about 4,300 professionals across eight countries, and generating EUR 2.2 billion in revenue in 2023. YIT Corporation's shares are listed on Nasdaq Helsinki.

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Nyheter för investerare: YIT urakoi TA:lle asuinkerrostaloja
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Flaggningsanmälan: Arvopaperimarkkinalain 9 luvun 10 pykälän mukainen ilmoitus omistusosuuden muutoksesta