XHEL
YIT
Market cap999mUSD
Sep 17, Last price
3.85EUR
1D
1.85%
1Q
46.95%
Jan 2017
-49.28%
IPO
-67.39%
Name
YIT Oyj
Chart & performance
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Profile
YIT Oyj, operating under the symbol YITYY, is a comprehensive construction and development company headquartered in Helsinki, Finland, having been established in 1912. The firm provides a diverse range of construction services catering to residential customers, industrial clients, and the public sector. Its primary areas of operation include Finland, Sweden, Norway, Russia, the Czech Republic, Slovakia, Poland, and the Baltic countries, with additional international ventures. YIT's business activities are organized into five core segments: Housing Finland and CEE, Housing Russia, Business Premises, Infrastructure, and Partnership Properties. Its extensive portfolio covers the development and construction of apartments and entire residential areas, along with offering property management, maintenance, and various living-related services. The company also plays a role in renewable energy by developing wind power plants. For commercial and public entities, YIT constructs a variety of buildings, including corporate offices, retail and business premises, logistics centers, industrial facilities, and crucial public infrastructure such as hospitals, schools, and multi-purpose complexes. Specialized services include pipe renovation work for housing cooperatives. Furthermore, YIT is a key player in infrastructure development, building essential components like roads, bridges, railway and metro stations, ports, and parking facilities. It also constructs energy, water supply, and industrial plants. Beyond new construction, the company handles the maintenance of roads, streets, and green spaces, and offers expert services in tunnel quarrying, mining, and structural reinforcement. Additionally, YIT engages in broad property development initiatives.
Related entities
Subsidiaries (9)
AKCIONERNOE OBSESTVO "ETALON PERSPEKTIVA"
AS YIT Eesti
SWEROCK AS
UAB "YIT Lietuva"
YIT DEVELOPMENT SPOLKA Z OGRANICZONA ODPOWIEDZIALNOSCIA
YIT Housing Oy
YIT INFRA LATVIJA, SIA
YIT INFRA NORGE AS
YIT International Oy
Key people
Independent Chairman of the Board · since 2018
Kari Kauniskangas
Chairman of the Group Management Team, President, Chief Executive Officer · since 2013
Hanna Jaakkola
Vice President of Investor Relations · since 2017
Matti Koskela
Head of Residential and Business Premises Construction business division, Member of the Extended Management Board · since 2015
Ilkka Salonen
Deputy to President and Chief Executive Officer, Chief Financial Officer, Member of the Group Management Team · since 2018
Olli-Petteri Lehtinen
Independent Director · since 2018
Headquarters & legal address
Panuntie 11
Helsinki, 18 00620
FI
Helsinki, 18 00620
FI
Valuation
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