YIT has signed a road contract worth approximately EUR 20 million in Helsinki, Finland

YIT Corporation Investor News October 13, 2017 at 11:00 a.m.

YIT has signed a road contract in Pasila in Helsinki, Finland with City of Helsinki. The contract is worth approximately EUR 20 million and it covers a road contract in Veturitie, a concrete trough and a double-deck roundabout that connects Teollisuuskatu and Veturitie. Veturitie also passes YIT's Tripla project, which is currently under construction. The special characteristics for the project are extremely demanding groundwork circumstances. The project will be recorded in the fourth quarter order backlog and it is estimated to be completed by the summer 2019.

For further information, please contact:

Hanna Jaakkola, Vice President, Investor Relations, YIT Corporation, tel. +358 40 5666 070, hanna.jaakkola@yit.fi   

Jarkko Salmenoja, Head of Unit, YIT Construction Ltd., tel. +358 40 3567 057, jarkko.salmenoja@yit.fi


Hanna Jaakkola

Vice President, Investor Relations

Distribution: Nasdaq Helsinki, major media, www.yitgroup.com

YIT creates better living environment by developing and constructing housing, business premises, infrastructure and entire areas. Our vision is to bring more life in sustainable cities. We want to focus on caring for customer, visionary urban development, passionate execution and inspiring leadership. Our growth engine is urban development involving partners. Our operating area covers Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and Poland. In 2016, our revenue amounted to nearly EUR 1.8 billion, and we employ about 5,300 employees. Our share is listed on Nasdaq Helsinki. www.yitgroup.com