YIT’s subsidiaries merged into YIT Finland Ltd
- Press release
YIT to build new premises for Savo Consortium for Education’s schools in Kuopio, Finland
YIT Corporation Press release, January 11, 2019, at 10:00 a.m.
Savon koulutuskuntayhtymä havainne
Savo Consortium for Education (Sakky) has chosen YIT to develop Sakky’s new premises in Kuopio’s Savilahti district. The project will be implemented as a cooperative project management contract, with the development phase starting at the beginning of 2019. Construction will begin in autumn 2019 and be completed in spring 2023. The total value of the project is approximately EUR 60 million. The project will be booked in the order backlog after signing the implementation phase contract eventually in October 2019.
Sakky is looking to centralise its operations in Kuopio at a single location and ensure modern learning environments for thousands of students for decades to come. The premises will consist of about 26,000 square metres spread out over three connected buildings. The premises will include various teaching and office facilities as well as a restaurant world complete with a teaching kitchen. Nordic Swan Ecolabel certification will be sought for the building, and it will satisfy the Healthy Building criteria set out by the Finnish Society of Indoor Air Quality and Climate.
YIT has extensive experience of cooperative contracts and the implementation of projects involving school buildings. To date, YIT has built six schools in Kuopio using the life-cycle model: the Karttula, Jynkä, Martti Ahtisaari, Päiväranta, Rajala and Pohjantie schools. The seventh, Hiltula school, will be completed in 2019.
Sakky is a regional multidisciplinary provider of education services for young people and adults as well as a developer of working life. The joint municipal board organises basic vocational training, further vocational training, apprenticeship training, vocational labour market training and staff training in all fields of education as well as upper secondary school education and working life development projects.
For further information, please contact:
Tom Ekman, SVP, Building Construction, Northern Finland, YIT, tel. +358 40 771 2514
Arja Korhonen, Communications Manager, YIT Oyj, tel +358 40 5545 806, email@example.com
YIT is the largest Finnish and significant North European construction company. We develop and build apartments, business premises and entire areas. We are also specialised in demanding infrastructure construction and paving. Together with our customers our 10,000 professionals are creating more functional, more attractive and more sustainable cities and environments. We work in 11 countries: Finland, Russia, Scandinavia, the Baltic States, the Czech Republic, Slovakia and Poland. The new YIT was born when over 100-year-old YIT Corporation and Lemminkäinen Corporation merged on February 1, 2018. Our pro forma revenue for 2017 was over EUR 3.8 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com
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