- Business
- YIT Oyj YIT Oyj develops and builds sustainable living environments, including apartments, residential areas, living services, leisure-time residences, business premises and hybrid projects; it constructs and renovates office, retail, sports, hotel, commercial, logistics and industrial buildings as well as public facilities such as hospitals, health and wellbeing centers, day care centers, schools and multipurpose buildings; it also provides pipe renovation works for housing companies and undertakes demanding infrastructure projects encompassing railway and traffic route construction and maintenance, green construction, bridge building and repairing, foundation construction, earthwork, shoreline and water works. The company operates primarily in Finland, Sweden, the Baltic States, the Czech Republic, Slovakia and Poland through its Housing, Business Premises and Infrastructure segments. Founded in 1912 and headquartered in Helsinki, Finland, YIT Oyj sold its Nordic paving and mineral aggregates businesses to Peab for EUR 280 million and its renewable energy division, YIT Energy Oy, to Eolus Vind AB in 2023-2024; in 2025, it secured contracts including an approximately EUR 90 million alliance project for three school and daycare centers in Espoo, an EUR 28 million West Harbour expansion for the Port of Helsinki and an EUR 15 million expansion to the Helsinki Expo and Convention Centre.