Market position

YIT has a strong market position. In YIT's lines of business, competition mainly comes from local competitors.

YIT is the market leader in building equipment systems in the Nordic countries. The company’s largest competitor is Bravida but the market is very fragmented. Each country hosts numerous small players. The retirement of entrepreneurs and the pursuit of higher productivity are encouraging companies to network and restructure.

YIT is Finland’s largest construction company and the largest housing construction company in Russia. YIT is one of the biggest construction companies in the Baltic countries. YIT’s major competitors in Finland are Skanska, Lemminkäinen and NCC. In Russia, the market leaders are large Russian construction companies. The major competitors in the Baltic countries are local, with the largest being the Merko Group.

YIT is the market leader in its fields of business in industrial services in the Nordic countries.

Updated March 19, 2008
InvestorRelations@yit.fi