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Yit Oyj (YTY1V.HE)

YTY1V.HE on Helsinki Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Finnish Authority Asks to Extend Investigation of YIT and Lemminkainen Merger
Monday, 11 Dec 2017 

Dec 11 (Reuters) - LEMMINKAINEN OYJ ::THE FINNISH COMPETITION AND CONSUMER AUTHORITY APPLIES FOR AN EXTENSION FOR INVESTIGATING THE MERGER OF LEMMINKÄINEN CORPORATION AND YIT CORPORATION.‍FCCA HAS TODAY APPLIED FOR AN EXTENSION FROM FINNISH MARKET COURT UNTIL 26 JANUARY 2018​.‍PROVIDED THAT FINNISH MARKET COURT WILL GRANT APPLIED EXTENSION, COMPLETION WILL LIKELY BE DELAYED​.  Full Article

YIT To Construct Deep Level Tunnels In A Gold Mine
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Yit Oyj ::YIT AND AGNICO EAGLE FINLAND HAVE SIGNED A CONTRACT TO CONSTRUCT THE DEEP LEVEL TUNNELS IN A GOLD MINE DURING THE COMING YEARS.YIT AND AGNICO EAGLE FINLAND HAVE SIGNED A CONTRACT TO CONSTRUCT THE DEEP LEVEL TUNNELS IN A GOLD MINE DURING THE COMING YEARS.YIT OYJ - CONTRACT INCLUDES EXCAVATION AND REINFORCEMENT WORK OF TUNNELS TO BE CONSTRUCTED.YIT OYJ - TOTAL VALUE OF CONTRACT IS APPROXIMATELY EUR 35 MILLION.YIT OYJ - VALUE OF CONTRACT WILL BE BOOKED IN ORDER BACKLOG IN LAST QUARTER OF 2017.  Full Article

YIT sells third housing project in Bratislava
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - YIT OYJ :YIT HAS SOLD THIRD HOUSING PROJECT IN BRATISLAVA, SLOVAKIA TO YCE HOUSING I FUND.‍PROJECT IS THIRD PHASE OF YIT'S LARGEST AREA PROJECT IN BRATISLAVA CALLED NUPPU. T​.‍VALUE OF PHASE IS OVER EUR 13 MILLION.  Full Article

YIT says JV Regenero buys properties in Espoo
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - YIT OYJ ::REGENERO, A JOINT VENTURE FORMED BY YIT AND HGR PROPERTY PARTNERS, HAS ACQUIRED FORTUM'S HEADQUARTERS IN KEILANIEMI, ESPOO, FINLAND.‍YIT'S OWNERSHIP OF PROJECT IS NOT MORE THAN 50 PER CENT​.‍IN PLOT ACQUISITION PHASE, YIT WILL MAKE AN INVESTMENT OF APPROXIMATELY EUR 10 MILLION​.  Full Article

YIT Q3 EBIT EUR ‍15.6​ million, below expectations
Friday, 27 Oct 2017 

Oct 27 (Reuters) - YIT OYJ :‍GUIDANCE FOR 2017 UNCHANGED​.Q3 NET SALES EUR ‍420.2​ MILLION (REUTERS POLL: EUR 466 MILLION).Q3 EBIT EUR ‍15.6​ MILLION (REUTERS POLL: EUR 26.4 MILLION).  Full Article

Yit signs order with value at about EUR 20 million
Friday, 13 Oct 2017 

Oct 13 (Reuters) - YIT OYJ ::YIT HAS SIGNED A ROAD CONTRACT WORTH APPROXIMATELY EUR 20 MILLION IN HELSINKI, FINLAND.‍PROJECT WILL BE RECORDED IN Q4 ORDER BACKLOG AND IT IS ESTIMATED TO BE COMPLETED BY SUMMER 2019.​.‍CONTRACT IS WORTH APPROXIMATELY EUR 20 MILLION​.  Full Article

YIT with projects in Russia worth total EUR 25 million
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - YIT OYJ ::YIT TO START THE CONSTRUCTION OF NEW APARTMENT BUILDINGS IN THE MOSCOW REGION AND TYUMEN, RUSSIA.‍TOTAL COMBINED VALUE OF PROJECTS IS OVER EUR 25 MILLION​.‍PROJECTS WILL BE COMPLETED BY END OF FIRST HALF-YEAR OF 2019​.  Full Article

YIT: PEAB sells its holding in Lemminkäinen
Tuesday, 10 Oct 2017 

Oct 10(Reuters) - YIT OYJ ::SAID ON MONDAY PEAB AB HAD ANNOUNCED THAT IT HAD DIVESTED ITS ENTIRE HOLDING IN LEMMINKÄINEN CORPORATION.PEAB WAS THE ONLY SHAREHOLDER WHO VOTED AGAINST THE RESOLUTION CONCERNING THE MERGER OF YIT AND LEMMINKÄINEN.THE REDEMPTION OF THE SHARES OF SHAREHOLDERS HAVING OBJECTED THE MERGER REFERRED TO IN CHAPTER 16, SECTION 13 OF THE FINNISH COMPANIES ACT WILL NOT TAKE PLACE.THE HOLDING OF ONVEST SIJOITUS OY IN LEMMINKÄINEN INCREASED TO A NUMBER OF SHARES CORRESPONDING TO THE NUMBER OF SHARES DIVESTED BY PEAB..  Full Article

Yit to construct water towers in Raahe and Vantaa
Wednesday, 20 Sep 2017 

Sept 20 (Reuters) - YIT OYJ :YIT HAS SIGNED CONTRACTS WITH RAAHEN VESI AND HSY TO CONSTRUCT WATER TOWERS.‍TOTAL VALUE OF CONTRACTS IS OVER EUR 12 MILLION.​.‍SIGNED A CONTRACT WITH RAAHEN VESI TO CONSTRUCT A WATER TOWER IN RAAHE, FINLAND AND WITH HSY TO CONSTRUCT ONE IN HIEKKAHARJU, VANTAA​.CONTRACTS ‍WILL BE RECORDED IN ORDER BACKLOG FOR Q3​.  Full Article

Yit to start construction of project in Espoo
Friday, 15 Sep 2017 

Sept 15 (Reuters) - YIT OYJ ::YIT TO START THE CONSTRUCTION OF AN APARTMENT BUILDING PROJECT IN ESPOO, FINLAND.‍VALUE OF PROJECT IS OVER EUR 15 MILLION, AND START-UP IS RECORDED IN Q3​.  Full Article

BRIEF-YIT To Construct Deep Level Tunnels In A Gold Mine

* YIT AND AGNICO EAGLE FINLAND HAVE SIGNED A CONTRACT TO CONSTRUCT THE DEEP LEVEL TUNNELS IN A GOLD MINE DURING THE COMING YEARS