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Yit Oyj (YTY1V.HE)

YTY1V.HE on Helsinki Stock Exchange

6.72EUR
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Latest Key Developments (Source: Significant Developments)

FCCA to Approve The Merger Of Yit And Lemminkäinen Unconditionally
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Yit Oyj ::THE FCCA WILL APPROVE THE MERGER OF YIT AND LEMMINKÄINEN UNCONDITIONALLY AND IT WILL LIKELY BE COMPLETED ON FEBRUARY 1, 2018.‍YIT AND LEMMINKÄINEN INTEND TO COMPLETE MERGER ON FEBRUARY 1, 2018​.  Full Article

YIT Raises Estimate Regarding Adjusted Operating Profit For 2017
Friday, 12 Jan 2018 

Jan 12 (Reuters) - YIT OYJ ::YIT RAISES ITS ESTIMATE REGARDING THE ADJUSTED OPERATING PROFIT FOR 2017 AND BOOKS A COST RELATED TO REVALUATION OF BALANCE SHEET ITEMS.‍PROVIDES PRELIMINARY FINANCIAL INFORMATION REGARDING ADJUSTED OPERATING PROFIT AND REVENUE FOR 2017 (SEGMENT REPORTING, POC)​.IN 2017, YIT'S PRELIMINARY ADJUSTED OPERATING PROFIT WAS APPROXIMATELY EUR 122 MILLION (2016: EUR 79.9 MILLION).‍REVENUE INCREASED APPROXIMATELY BY 7 PER CENT FROM PREVIOUS YEAR​.‍MORE POSITIVE DEVELOPMENT OF GROUP ADJUSTED OPERATING PROFIT IS DUE TO STRONGER THAN EXPECTED LAST QUARTER IN ALL SEGMENTS​.‍RESULT ESTIMATE IS RAISED BY GOOD RESIDENTIAL SALES IN FINLAND AND IN CEE COUNTRIES​.  Full Article

Yit Starts Construction Of Residential Projects Worth About EUR 45 Million
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Yit Oyj ::‍PROJECT COMPRISES OF APPROXIMATELY 70 APARTMENTS AND ITS VALUE IS ALMOST EUR 20 MILLION​.‍CONSTRUCTION OF A PROJECT CALLED VANTAAN LOISTE WAS STARTED IN VANTAA​.IN ESPOO, YIT STARTS CONSTRUCTION OF A PROJECT CALLED ESPOON WORTH ALMOST EUR 15 MILLION.YIT STARTED THE CONSTRUCTION OF RESIDENTIAL PROJECTS WORTH APPROXIMATELY EUR 45 MILLION IN THE CAPITAL REGION AND IN JYVÄSKYLÄ, FINLAND.IN ADDITION, YIT STARTED CONSTRUCTION OF A PROJECT IN JYVÄSKYLÄ WORTH ABOUT EUR 10 MILLION.  Full Article

YIT Establishes Partnership Properties Segment
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Yit Oyj ::YIT'S NEW PARTNERSHIP PROPERTIES SEGMENT TO BE ESTABLISHED ON JANUARY 1, 2018.SAYS‍AIMS TO MAKE A PART OF LARGE AND LONG-TERM INVESTMENTS WITH PARTNERS​.TARGET IS TO INCREASE TOTAL VALUE OF INVESTMENTS TO OVER EUR 2 BILLION BY END OF 2020.AMOUNT OF YIT'S INVESTMENTS OR AGREED COMMITMENTS IN JOINT VENTURES IS APPROXIMATELY EUR 300-400 MILLION.‍AIM IS TO CONTINUE ITS PRACTICE OF SELLING ITS HOLDINGS TO FINAL INVESTORS​.  Full Article

Yit Sells Part Of Its Plot In St. Petersburg
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Yit Oyj ::YIT RELEASES CAPITAL IN RUSSIA BY SELLING A PART OF NOVO ORLOVSKY PLOT IN ST. PETERSBURG.‍SIGNED A SALES CONTRACT WITH OIKUMENA HOLDING AND REGISTERED OWNERSHIP TRANSFER OF A PART OF PLOT IN NOVO ORLOVSKY​.‍APPROXIMATELY EUR 16 MILLION OF REVENUE RELATED TO PLOT SALES WILL BE RECOGNISED IN Q4.  Full Article

YIT to start construction of Tripla apartments and project in Helsinki
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Yit Oyj ::YIT TO START THE CONSTRUCTION OF THE FIRST TRIPLA APARTMENTS IN PASILA AND A NEW PROJECT IN KONEPAJA DISTRICT IN VALLILA IN HELSINKI, FINLAND.FIRST PROJECT TO BE CONSTRUCT IS ASUNTO OY HELSINGIN FREDIKA, WHICH WILL BE COMPLETED BY 2019.FREDIKA COMPRISES OF 111 APARTMENTS WITH SELLING PRICE OF APPROXIMATELY EUR 40 MILLION IN TOTAL.YIT WILL CONSTRUCT FOUR HOUSING CO-OPERATIVES IN WESTERN BLOCK OF TRIPLA AND CLOSE TO ITS SERVICES.HAS ALSO STARTED CONSTRUCTION OF A RESIDENTIAL PROJECT CLOSE BY IN KONEPAJA AREA IN VALLILA IN HELSINKI.PROJECT CALLED ASUNTO OY HELSINGIN EMIL WITH SELLING PRICE OF APPROXIMATELY EUR 30 MILLION IN TOTAL.  Full Article

YIT To Sell Housing Projects In The Czech Republic And Slovakia
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Yit Oyj ::YIT TO SELL HOUSING PROJECTS IN PRAGUE, THE CZECH REPUBLIC AND BRATISLAVA, SLOVAKIA TO YCE HOUSING I FUND.YIT TO SELL HOUSING PROJECTS IN PRAGUE, THE CZECH REPUBLIC AND BRATISLAVA, SLOVAKIA TO YCE HOUSING I FUND.YIT OYJ - VALUE OF PROJECTS IS APPROXIMATELY EUR 50 MILLION.YIT OYJ - SALES ARE RECORDED IN LAST QUARTER OF YEAR.  Full Article

Caverion To Carry Out Project With YIT
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Caverion Oyj ::CAVERION AND YIT TO DELIVER THE KUNTOLAAKSO LIFE CYCLE PROJECT IN KUOPIO, FINLAND.CAVERION'S SHARE IN PROJECT IS VALUED AT APPROXIMATELY EUR 59 MILLION..  Full Article

YIT To Carry Out Project In Cooperation With Caverion
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Yit Oyj ::YIT WAS CHOSEN TO CARRY OUT THE KUNTOLAAKSO LIFE-CYCLE PROJECT IN KUOPIO, FINLAND IN CO-OPERATION WITH CAVERION <<>>.PROJECT VALUE FOR YIT IS APPROXIMATELY EUR 36 MILLION.  Full Article

YIT And Hartela Start Construction Of Local Service Centre Hertsi In Helsinki
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Yit Oyj ::YIT AND HARTELA START THE CONSTRUCTION OF LOCAL SERVICE CENTRE HERTSI IN HELSINKI IN JANUARY 2018.‍YIT AND HARTELA WILL REALISE PROJECT AS A CONSORTIUM WITH EQUAL 50/50 SHARES​.‍YIT AND HARTELA WILL ALSO CONSTRUCT THEIR OWN, SEPARATE RESIDENTIAL BUILDINGS IN SAME BLOCK.​.  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