YIT Corporation: Markku Moilanen will commence as the President and CEO on 1 April 2021

YIT Corporation            Stock Exchange Release       18 February 2021 at 9.30 a.m.

YIT Corporation: Markku Moilanen will commence as the President and CEO on 1 April 2021


Markku Moilanen’s (Ph.D., tech.) commencement date as the President and CEO of YIT Corporation has been specified. He will start in the position on 1 April 2021. Moilanen joins YIT from Ramboll Group, where he has been responsible for Ramboll Group's businesses in the Nordics, UK and Americas. The appointment was originally announced as a stock exchange release on 21 December 2020.

Antti Inkilä has been acting as YIT’s Interim President and CEO since October 2020 and as planned, he will continue in the position until Markku Moilanen starts.

For further information, please contact: 
Tommi Järvenpää, Vice President, Investor Relations, YIT Corporation, tel. +358 (0)40 576 0288, tommi.jarvenpaa@yit.fi 



Tommi Järvenpää
Vice President, Investor Relations


Distribution: NASDAQ Helsinki, major media, www.yitgroup.com
YIT is the largest Finnish and a significant North European urban developer and construction company. Our goal is to create more sustainable, functional and attractive cities and living environments. We develop and build apartments, business premises and entire areas. We also specialise in demanding infrastructure construction. We own properties together with our partners, which supports the implementation of our significant development projects. We also provide our customers with services that increase the value of properties. We employ approximately 7,400 professionals in ten countries: Finland, Russia, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2020 was approximately EUR 3.1 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com