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.

Nyheter för investerare: Publishing of YIT Corporation's Financial Statements Bulletin 2024 on February 7, 2025

för 2 månader sedan

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.

Övrig information som ska lämnas enligt börsens regler: Proposals of the Shareholders' Nomination Board to the Annual General Meeting

för 2 månader sedan

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.

Nyheter för investerare: YIT selected as partner for the development phase of the Turku tramway depot and power supply stations

för 2 månader sedan

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.

Nyheter för investerare: New seaside row houses and apartment buildings in Ekenäs - YIT started the construction of a self-developed project in Raseborg

för 2 månader sedan

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.

Nyheter för investerare: New high-quality homes in Tampere - YIT started the construction of a self-developed apartment building on the shore of Lake Tohloppi

för 3 månader sedan

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.

Nyheter för investerare: YIT to construct an apartment building for A-Kruunu in the Kangas area of Jyväskylä, selected as the district of the year 2024

för 3 månader sedan

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.

Nyheter för investerare: YIT signs agreement with XTX Markets to build large-scale data centre in Kajaani

för 3 månader sedan

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.

Nyheter för investerare: YIT has agreed with Hitachi Energy on the construction of a new production and technology centre in Mustasaari

för 3 månader sedan

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