OverviewSuggest Edit

YIT provides construction services for industrial and public sectors, and residential customers. It operates through three segments: Housing Finland and CEE, Housing Russia, and Business Premises and Infrastructure. The Company develops and constructs housing, holiday homes, apartments, and various residential areas, as well as offices, shopping malls, public facilities and buildings, and business premises, maintains property, undertakes renovation projects, and provides road and street maintenance services. It also constructs roads, bridges, tunnels, rail and metro stations, ports, and parking facilities, as well as energy, water supply, and industrial plants, offers mining and reinforcement, and tunneling services, as well as undertakes civil engineering, earthworks, and foundation works, and produces asphalt, and re-used asphalt pavements and surfaces, as well as provides solutions for the paving industry. In addition, the Company offers construction machinery and equipment rental, and IT services.

TypePublic
Founded1912
HQHelsinki, FI
Websiteyitgroup.com
Overall CultureC

Latest Updates

Employees (est.) (Jul 2021)7,400(+6%)
Share Price (Sept 2021)€4.7
Cybersecurity ratingBMore
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Key People/Management at YIT

Ilkka Salonen

Ilkka Salonen

CFO, Deputy to President and CEO
Hanna Jaakkola

Hanna Jaakkola

Vice President, Investor Relations
Teemu Helppolainen

Teemu Helppolainen

EVP, Housing Russia Segment
Juha Kostiainen

Juha Kostiainen

EVP, Urban Development
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YIT Office Locations

YIT has offices in Helsinki, URJALA AS, Jingan Qu, Silkeborg and in 9 other locations
Helsinki, FI (HQ)
Panuntie 11
URJALA AS, FI
Sudenpolku 11
Jingan Qu, CN
6c 831 Xin Zha Lu
Silkeborg, DK
1 Nørreskov Bakke
Tallinn, EE
102b Pärnu maantee
Tallinn, EE
Betooni 28
Show all (16)

YIT Financials and Metrics

YIT Revenue

Market capitalization (21-Sept-2021)

992.1m

Closing stock price (21-Sept-2021)

4.7
YIT's current market capitalization is €992.1 m.
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YIT Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

YIT Online and Social Media Presence

Embed Graph

YIT Company Culture

  • Overall Culture

    C

    65/100

  • CEO Rating

    F

    47/100

  • Compensation

    C

    65/100

Learn more on Comparably

YIT News and Updates

YIT is Developing Sustainable Data Centers

HELSINKI, Finland, June 3, 2020 /PRNewswire/ -- The concept combines wind energy and the waste heat created in data centers with food production. YIT is developing sustainable data centers that are autonomous, sustainable and powered by renewable energy. As wind turbines, hydro power and...

Port of Tallinn new cruise terminal will be built by YIT

Tallinna Sadam has signed an agreement with YIT Eesti AS for the construction of new cruise terminal in Tallinn Old City Harbour. The value of the contract is EUR 13.7 million plus reserve of EUR 0.7 million for unforeseen additional works. New cruise terminal will be completed in July 2021.

YIT and CGI sign agreement to modernize and harmonize End User Services

HELSINKI, Feb. 20, 2019 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) and YIT Oyi, Finland's largest construction company, have entered into an agreement to modernize and harmonize YIT's End User Services, while also building a new IT services delivery model. YIT's strategic collaboration...

The Consortium Operated by YIT and Keva has Been Chosen as the Developer for the Extension of a Growth Company Campus in Helsinki, Finland

HELSINIKI, Nov. 22, 2018 /PRNewswire/ -- According to a decision by Helsinki city council, a growth company campus, attracting ambitious growth companies and units as tenants, of about 70,000m² is to be developed in the inner city in the Maria Hospital area. A consortium operated by YIT...

YIT Frequently Asked Questions

  • When was YIT founded?

    YIT was founded in 1912.

  • Who are YIT key executives?

    YIT's key executives are Ilkka Salonen, Hanna Jaakkola and Teemu Helppolainen.

  • How many employees does YIT have?

    YIT has 7,400 employees.

  • Who are YIT competitors?

    Competitors of YIT include Brunsfield International Group, Kinan and Bourne Office Space.

  • Where is YIT headquarters?

    YIT headquarters is located at Panuntie 11, Helsinki.

  • Where are YIT offices?

    YIT has offices in Helsinki, URJALA AS, Jingan Qu, Silkeborg and in 9 other locations.

  • How many offices does YIT have?

    YIT has 16 offices.