YIT contracted to build an apartment building for A-Kruunu in the Niemenranta area in Tampere - value to YIT approximately EUR 9 million
YIT Corporation Press Release June 16, 2025, at 10:30 a.m.
Helsinki Region Environmental Services Authority HSY has awarded YIT Infra Oy the contract to construct the Esplanadi water supply tunnel. The contract, valued at EUR 18 million, is scheduled to be signed in mid-August.
The tunnel will be located in the Kaartinkaupunki and Kamppi districts of Helsinki, running between Esplanadi Park and the Munkkisaari–Mäntymäki water supply tunnel.
It will be excavated through bedrock and will include both wet and dry sections. The wet section will function as an open sewer, while the dry section will house newly constructed sewer and maintenance water pipelines and will also allow for vehicle and pedestrian access.
“We’re proud to take on this significant project, which will enhance the reliability and infrastructure of Helsinki’s water supply for years to come. This contract allows us to fully leverage our Infra segment’s expertise in both rock and water supply construction,” says Aleksi Laine, Executive Vice President of YIT’s Infrastructure segment.
Construction is set to begin in the fall.
HSY project page: Construction of the Esplanade water supply tunnel - HSY
For further information:
YIT Corporate communications, tel. +358 44 743 7536, press@yit.fi
Distribution: Nasdaq Helsinki, major media, www.yitgroup.com
We build and develop sustainable living environments: functional and attractive homes, future-proof public and commercial buildings, infrastructure to support the green transition as well as industrial, production, and energy facilities to support our customers' processes. YIT's vision is to be the expert partner in developing sustainable homes, spaces, and cities - for a good life. There are approximately 4,100 professionals in our team and our revenue in 2024 was EUR 1.8 billion. YIT Corporation's shares are listed on Nasdaq Helsinki.
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