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YIT

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YIT was suspected of bribes for the public construction office of Helsinki in May 2012. Six people were arrested in May 2012 by order of Helsinki District Court in the investigation of corruption in Helsinki city building contracts. The advantage may have been half a million euros from several years.
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and its stock is listed on Nasdaq Helsinki Oy. YIT develops and builds apartments, business premises and entire areas. YIT is also specialised in demanding infrastructure construction and paving. YIT operates in 8 countries: Finland, Sweden, the Baltic States, the Czech Republic, Slovakia and Poland.
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for €632 million (£553.6 million) in an all-share deal representing a 40% premium over Lemminkainen's current share price. The new YIT was born when over 100-year-old YIT Corporation and Lemminkäinen Corporation merged on February 1, 2018.
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company in Finland and the largest supplier of building systems services in the Nordic region by sales. This growth is also reflected in the scope of YIT's business: long-term servicing and maintenance contracts for items such as
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YIT is more connected than previously expected in the bribery investigation of Helsinki construction during 2003–2011. YIT is suspected of involvement in the salaries without taxes and grey accountings.
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were purchased in 2001. These additions assisted a wider move into the industrial upkeep and maintenance market. Primatel, the network construction and maintenance arm of the telecommunications firm
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in Russia and the Nordic and Baltic regions were acquired, further increasing YIT's presence in the service sector. In 2008 and 2010 YIT has continued expanding its operations into Central Europe.
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40 residents made complaints of ammonia observed in YIT residential constructions in St. Petersburg in September 2011. Russians add ammonia to concrete in the winter construction.
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Perusyhtymä Oy, creating YIT-Yhtymä (YIT Corporation). Since the merger, YIT's growth into new sectors has been aided by several acquisitions: in 1995, the
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Kouluksi naamioitu asetehdas, Suomalaiset rakensivat Libyaan salaa valtavaa teollisuushallia Helsingin Sanomat 31.8.2011 B1
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in Libya, YIT constructed in silence a military factory in 1983. Company changed its name from Perusyhtymä to YIT in 1987.
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Lahjuksen rikoshyöty oli puoli mljoonaa, Helsingin poliisi esittänee syytteitä yli kymmenelle epäillylle HS 27.6.2012 A12
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plants now account for over a quarter of annual revenues. The Construction Services division, building homes, water and
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YIT demanded €20,000 sanctions for silence from an elderly couple in Espoo in the conflict of construction in 2011.
835: 356: 1259: 2019: 1155: 1168: 2441: 1771: 288:, is the source of the name YIT. The first project undertaken by the new company was the construction of a 106: 1968: 804: 778: 429: 206: 55: 244:
is the largest Finnish and a significant North European construction company. YIT is headquartered in
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In March 2022, YIT quit all activities, such as investments and construction, in Russia because of
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family is the biggest owner of the construction company YIT, 12.1% in the end of January 2012.
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apartment block, Finland's tallest high-rise building, constructed by YIT between 2004 and 2007.
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YIT's recent acquisitions have seen the company increase markedly in size - both the company's
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design and maintenance specialist Oy Huber Ab was acquired, the same year that the company's
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The investigation is on-going. In July 2014 according to leading Finnish newspaper
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YIT epäillystä perusteettomasta laskutuksesta: Johto ei osallinen rikokseen
376: 129: 65: 1710: 304:(including residential property) and industrial works. In September 1987, 213: 2384: 2333: 2301: 2201: 2162: 1627: 1569: 1406: 1178: 397: 345: 289: 893: 847: 590: 2399: 2279: 2259: 2177: 1980: 1817: 1732: 1676: 1499: 1401: 1384: 561: 476: 348:, was added in 2002, and a year later the building systems concerns of 341: 163: 1307:
YIT pelotteli sakoilla eläkeläisparia hiljaiseksi Länsiväylä 7.12.2011
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remains the group's largest source of revenue as of the end of 2006.
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In June 2017, the company announced its intention to acquire rival
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more than trebled in the ten years to 2007, making YIT the largest
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Construction and civil engineering companies established in 1912
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Perusyhtymä urakoi asetehdasta Libyaan, Ilta Sanomat 28.9.1983
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Katko, Tapio S.; Juuti, Petri S.; Pietila, Pekka E. (1999).
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Epäilty: YIT tiesi lahjonnasta Helsingin Sanomat 10.7.2014
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installation and maintenance firm Calor AB and its Finnish
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Poliittiset virkanimitykset ovat suomalaista korruptiota
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Construction and civil engineering companies of Finland
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The origins of YIT can be traced back to 1912, when
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Archived from the original on March 30, 2007 1345: 485: 442:second tallest high-rise building in Finland 1352: 1338: 989: 1039: 1037: 1014: 747: 745: 683: 681: 228: 212: 200: 904: 779:"Finland: YIT-Yhtyma OY Acquired Huber" 718: 716: 237:, of which YIT was the lead contractor. 225:, of which YIT was the lead contractor. 2457: 1081:"Parliament Annex - Little Parliament" 1034: 959: 751: 742: 560: 1333: 1043: 990:Dranitsyna, Yekaterina (2006-10-17). 935: 722: 687: 678: 658: 584: 537: 520: 362: 867: 713: 416:YIT was the main contractor for the 2475:Companies listed on Nasdaq Helsinki 1129: 411: 13: 273:translation of the group's title, 14: 2506: 1314: 357:2022 Russian invasion of Ukraine 25: 1301: 1289: 1280: 1268: 1253: 1238: 1223: 1211: 1202: 1193: 1184: 1162: 1123: 1098: 1069: 1058: 1008: 983: 953: 929: 886: 861: 828: 805:"Yearbook 2002: Merger Control" 803:Finnish Competition Authority. 796: 771: 2490:1912 establishments in Finland 652: 604: 578: 554: 1: 992:"Revenue Growth Attracts YIT" 513: 261:General Engineering Company ( 2485:Service companies of Finland 2442:List of companies of Finland 1169:Antti Herlin tankkasi YIT:tä 960:Brandt, Nadja (2007-07-26). 868:Hall, William (2003-07-04). 459: 300:sector into construction of 16:Finnish construction company 7: 2465:Companies based in Helsinki 2250:SSH Communications Security 914:. YIT Group. Archived from 620:Boreal Environment Research 418:Finnish Parliament building 10: 2511: 1017:"YIT Company Presentation" 489: 486:Corruption in construction 470: 252: 2439: 1368: 1154:: CS1 maint: unfit URL ( 452:opera house, home of the 425: 233:The Tähtiniemi Bridge in 189: 176: 161: 147: 125: 97: 83: 75: 61: 43: 33: 24: 2015:Ovaro Kiinteistösijoitus 1015:YIT Group (2002-02-04). 725:"History of YIT's share" 505: 334:Helsinki Stock Exchange 267:Allmänna Ingeniörsbyrån 1847:Lassila & Tikanoja 454:Finnish National Opera 432:apartment building in 266: 238: 226: 210: 1077:Parliament of Finland 492:Corruption in Finland 232: 216: 204: 2265:Suominen Corporation 2122:Remedy Entertainment 1360:Companies listed in 1046:"Annual Report 2006" 938:"Annual Report 1997" 754:"Parent company YIT" 690:"Annual Report 1998" 545:"Annual Report 2023" 446:Helsinki Fair Centre 566:"Tähtiniemi Bridge" 528:"YIT in brief 2023" 332:were listed on the 320:with rival Finnish 178:Number of employees 38:Julkinen osakeyhtiö 21: 1947:Nurminen Logistics 1174:2012-02-24 at the 1135:"Cirrus, Helsinki" 785:. 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Index


Julkinen osakeyhtiö
Traded as
Nasdaq Helsinki
YIT
Construction
services
Helsinki
Finland
President
CEO
Chairman
construction
housing
business premises
infrastructure

Net income
www.yitgroup.com

Cirrus

extension
Eduskuntatalo

Heinola
Helsinki
Sweden's
Swedish
Finnish

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