YIT Corporation announced it has signed a EUR 100 million contract with XTX Markets to build a large-scale data center in Kajaani, Finland. The project, covering about 15,000 m², will include a data hall, loading and office buildings, and a maintenance facility. This development will enhance Kajaani's data center ecosystem. XTX Markets, a leading algorithmic trading firm, selected Kajaani to support its computational needs. Aleksi Laine from YIT highlighted the significance of the project for the local region and Finland's appeal for large-scale data center investments. YIT is a major construction company with operations in eight countries and a 2023 revenue of EUR 2.2 billion.

YIT Corporation has signed a project management contract with Hitachi Energy to construct a new production and technology center in Mustasaari, Finland. The project, valued at approximately EUR 105 million, includes facilities for product development, testing, and a high-tech transformer production center to double Hitachi Energy's transformer production capacity in Finland. The construction, covering around 44,000 square meters, will start in February 2025 and is expected to be completed in early 2027. This initiative is part of Hitachi Energy's investment in sustainable energy and aligns with YIT's strategy to support green energy transition and Finland's electricity supply security.

YIT Corporation announced that Antti Inkilä, Executive Vice President of the Housing segment, will leave the company on December 31, 2024, to pursue opportunities outside YIT. Heikki Vuorenmaa, President and CEO of YIT, expressed gratitude for Inkilä's contributions over his 30-year career with the company. In November 2024, YIT decided to restructure the Housing segment into two separate segments named Residential Finland and Residential CEE to improve focus and strategy execution. Heikki Vuorenmaa will serve as interim leader for the Residential Finland segment, while CFO Tuomas Mäkipeska will be interim leader for the Residential CEE segment. The search for permanent leaders for these segments is underway. The YIT Group Management Team from January 1, 2025, will include Heikki Vuorenmaa, Peter Forssell, Juha Kostiainen, Aleksi Laine, Tuomas Mäkipeska, and Jennie Stenbom. YIT is a construction and development company with operations in eight countries, employing approximately 4,300 people, and generating a revenue of EUR 2.2 billion in 2023. The company's shares are listed on Nasdaq Helsinki.

YIT Corporation has commenced construction on a new residential apartment building, Asunto Oy Tampereen Kesätuuli, in the Niemenranta area of Tampere. The project began in November 2024 and is expected to be completed by December 2025, with a value of approximately EUR 11 million. The building will feature 48 apartments ranging from 29.5 m² to 94.5 m², each with a balcony or terrace. The development focuses on sustainability, using geothermal heating, solar panels, and renewable electricity during construction. Electric vehicle charging points will be available, and construction waste will be minimized. The building is designed to meet A energy class requirements. YIT's Regional Director, Sami Viitanen, expressed satisfaction with the project's launch, highlighting the high standard and competitive pricing of the homes. The Niemenranta area offers urban living with good transport links and natural surroundings. YIT is a leading construction company with a history of over 110 years, employing around 4,300 people across eight countries.

YIT Corporation and TA-Asumisoikeus Oy have signed a contract for a construction project in the Tourula district of Jyväskylä, near a former rifle factory. The project, valued at over EUR 11 million, will begin in December 2024 and is expected to be completed by early 2026. It includes the construction of two residential buildings with a total of 47 apartments and a parking facility, covering approximately 3,500 square meters of floor space. The area is designed to promote urban living with excellent transport connections, making car ownership unnecessary. The project aims to create a sustainable environment with meadows for insects and trees for birds, while maintaining the cultural and historical value of the district. YIT is a leading construction company with operations in eight countries and a turnover of EUR 2.2 billion in 2023.

YIT Corporation announced that it has signed a contract with Senate Properties for the renovation and alteration of the K2 city block in central Helsinki, which houses government activities. The project involves several protected buildings within the Government Quarter and covers approximately 15,000 gross square meters, including earthworks and blasting. The contract is valued at around EUR 40 million and will be recorded in YIT's order book for the fourth quarter of the year. Work is set to begin at the end of 2024 and is expected to be completed by the end of 2026. The renovation aims to improve safety, energy efficiency, and accessibility, with modifiable workspaces and updated building technology. The project also targets a 24% reduction in carbon footprint and will reclaim and reuse building components and furnishings. The energy used will be environmentally friendly, and the project aims for four stars in the RTS environmental rating. YIT is a leading construction and project development company with over 110 years of experience, employing around 4,300 professionals in eight countries, and had a turnover of EUR 2.2 billion in 2023. YIT's shares are listed on Nasdaq Helsinki.