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Group structure

Starting from February 1, 2018, YIT Corporation's six reporting segments are the following:

  • Housing Finland and CEE
  • Housing Russia
  • Infrastructure projects
  • Paving
  • Business premises
  • Partnership properties

The Housing Finland and CEE segment consists of YIT’s former Housing Finland and CEE segment and the Finnish residential construction business of Lemminkäinen’s Building Construction segment. The segment operates in Finland, the Czech Republic, Slovakia, Poland, Estonia, Latvia and Lithuania.  Executive Vice President Antti Inkilä is in charge of the segment.

The Housing Russia segment consists of YIT’s former Housing Russia segment and Lemminkäinen’s residential construction and property management business in Russia. Executive Vice President Teemu Helppolainen is in charge of the segment.

The Business premises segment consists of the business premises construction and project development businesses that were previously under YIT’s Business Premises and Infrastructure segment, along with the commercial construction, project development and commercial property and facilities management businesses of Lemminkäinen’s Building Construction segment. Executive Vice President Esa Neuvonen is in charge of the segment.

The Infrastructure projects segment consists of the Infra Services division of YIT’s Business Premises and Infrastructure segment, excluding the Maintenance unit, and Lemminkäinen’s Infra Projects segment.  The segment operates in Finland, Sweden, Norway, Estonia, Latvia and Lithuania. Executive Vice President Harri Kailasalo is in charge of the segment.

The Paving segment consists of Lemminkäinen’s Paving segment and YIT’s Maintenance unit. The Paving segment operates in Finland, Sweden, Norway, Denmark and Russia.  Executive Vice President Heikki Vuorenmaa is in charge of the segment.

The Partnership properties segment is responsible for financing the development phases of major development projects and the ownership and subsequent realisation of plots and developed properties at the right moment. Projects that are partially owned by YIT, such as the Mall of Tripla, Tietotie 6 and the Hamina–Vaalimaa E18 motorway project, will be reported under this segment. Executive Vice President Esa Neuvonen is also in charge of this segment.

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