YIT selected to construct a new police house in Kotka, Finland

INVESTOR NEWS JUNE 25, 2015 AT 1.00 P.M

 

YIT selected to construct a new police house in Kotka, Finland

YIT has signed a contract with Senate Properties on the construction of the new police house in Kotka. The project will be carried out with a Senate Properties specific alliance model. The value of the project is around EUR 11 million. Construction begins in July 2015 and the project will be completed in October 2016.

The new approximately 6,000 square metre premises will be built in a city block west of the current police house in the Kotkansaari district in the city of Kotka. The project will provide functional facilities for the South-Eastern Finland Police that fulfil the modern day technical, prudential, health and safety requirements in a cost efficient way.

 

For additional information, please contact:

Sanna Kaje, Vice President, Investor Relations, YIT Corporation, tel. +358 50 390 6750, sanna.kaje@yit.fi
Jukka Pohjola, Vice President, Building Construction South-Eastern Finland, YIT Construction Ltd, tel. +358 400 216 618, jukka.pohjola@yit.fi

 

YIT CORPORATION

 

Sanna Kaje
Vice President, Investor Relations

 

Distribution: NASDAQ OMX, principal media, www.yitgroup.com

 

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 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 taking care of our customers, partners and personnel. We have nearly 6,000 employees in seven countries. In 2014, our revenue amounted to around EUR 1.8 billion. Our share is listed on NASDAQ OMX Helsinki. www.yitgroup.com