YIT acquires new plot in the centre of Rostov-on-Don in southern Russia

Recreational facilities and playgrounds will be built in the area surrounding the apartment complex. In addition, there are plans for parking spaces for nearly 300 cars in the area. The plot is located within walking distance of a park. The area has good public transport links and comprehensive daily and municipal services.

“The design of the apartment complex is characterised by a simplified Scandinavian style that is typical of Finnish architecture. This design direction is reflected in the entire complex and on each floor of the apartment buildings. Architects that represent modern residential design will be selected to implement the plan. We are confident that, much like our previous successful projects in Rostov-on-Don, this complex will also be highly valued by customers as we help create a better living environment in the centre of the city,” says Andrey Shumeyev, General Director of YIT Don.

For further information, please contact:

Sanna Kaje, Vice President, Investor Relations, YIT Corporation, sanna.kaje@yit.fi, +358 50 390 6750

Teemu Helppolainen, Head of Business Area, Russia, YIT Construction Ltd, teemu.helppolainen@yit.ru, tel. +7 915 316 8216

YIT is a construction industry leader. We create better living environments in Finland, Russia, the Baltic countries, the Czech Republic and Slovakia. Over 100 years of experience have secured for us a strong market position: We are the largest housing developer and one of the largest business premises and infrastructure developers in Finland, and the most significant foreign housing and area developer in Russia.  Our vision is to stay one step ahead – while caring for our customers, partners and personnel. We have more than 6,000 employees in seven countries. In 2012, our revenue amounted to approximately EUR 2 billion. Our share is listed on Nasdaq OMX Helsinki. www.yitgroup.com.