YIT expands its operations into facilities management and property maintenance in Rostov-on-Don, Russia

YIT expands its operations into facilities management and property maintenance in Rostov-on-Don, Russia

YIT Group’s Russian subsidiary YIT DON has acquired the facilities management and property maintenance company Vesta in Rostov-on-Don, southern Russia. The purchase agreement came into force in December 2012. Following the acquisition, the new name of the company is YIT Don Serviсe. The maintenance company currently has 10 employees. The number of personnel will increase already this year with new maintenance projects.

YIT Don Service is currently responsible for the management and property maintenance of the Zapadnaya zvezda residential block constructed by YIT Don. YIT Don Service will manage and maintain all future residential projects constructed by YIT Group’s Russian subsidiary, YIT Don, in Rostov-on-Don.

”Modern energy-efficient residential buildings require expert property maintenance. With the acquisition of the facilities management and property maintenance company, we will be able to offer our customers even better services that match modern requirements for the phase following the purchase of the residential unit. One of our new services will be the possibility of paying residential utility charges on the company’s website”, says Andrey Shumeyev, General Director of YIT Don.

For further information please contact:
Andrey Shumeyev, General Director, YIT DON, andrey.shumeyev@yit.ru, tel. +7 863 300 0630
Teemu Helppolainen, Head of Division Moscow and Russian Regions, teemu.helppolainen@yit.ru, tel. +7 915 316 8216



YIT is a leading European service company in building systems, construction services and services for industry. Our 26,000 professionals serve customers in 14 countries in the Nordic and Baltic countries, Russia and Central Europe. For over one hundred years we have grown together with our customers and developed our services in line with the changes taking place in different societies. We intend to continue on that track. Our vision is to lead the way in creating and maintaining good living environments. In 2011, YIT’s revenue was approximately EUR 4.4 billion. YIT’s shares are listed on NASDAQ OMX Helsinki. www.yitgroup.com

YIT DON is a subsidiary of YIT Group, which constructs residential buildings within the international YIT Home concept in Rostov-on-Don in southern Russia near the Azov Sea. Established in 2007, YIT DON has built the Aelita, Zapadnaya zvezda and Molodyozhny (two first sections) residential complexes in Rostov-on-Don, a city with more than one million residents, and is currently building three residential projects in key locations. Aelita, an apartment building constructed by YIT DON, was selected as the best residential project annual South Russian Realtor of the Year competition in 2010. www.yitdon.ru