YIT carries out the premises for Omasairaala private hospital in Kuopio, Finland

YIT carries out the premises for Omasairaala private hospital in Kuopio, Finland

YIT has signed a contract with Pohjola Insurance Ltd on the construction of a business premises project in Kuopio, Finland. The value of the contract for YIT is over EUR 10 million. The construction will start directly and the project will be completed in summer 2017. The four-floor premises will have around 5,300 floor square metres, of which two thirds will be used by OP Financial Group’s Omasairaala private hospital and the rest will serve as an office space.

“We have managed to get the region’s best players and our well-known partners to come in on the Omasairaala project. The project will bring an imposing landmark for traffic coming from south to Kuopio on a plot that has been empty for a long time. Omasairaala is a regionally significant project for YIT also in terms of employment. We look forward to a busy and versatile construction year”, says Risto Pennanen, Vice President at YIT.

“We are pleased that the construction of OP’s third Omasairaala hospital will now be started in Kuopio. The location of the premises is central with good transport connections and the new premises are designed to meet the demanding requirements of a hospital. The project is a continuation to the well-functioning cooperation with YIT”, says Markku Mäkiaho, CEO, Pohjola Property Management Ltd.

Illustrations on the project: Link

For further information, please contact:

Sanna Kaje, Vice President, Investor Relations and M&A, YIT Corporation, tel. +358 50 390 6750, sanna.kaje@yit.fi
Matti Koskela, Senior Vice President, Building Construction, YIT Construction Ltd, tel. + 358 40 557 6520, matti.koskela@yit.fi

YIT CORPORATION

Sanna Kaje
Vice President, Investor Relations and M&A

Distribution: NASDAQ OMX, major media, www.yitgroup.com

YIT is a construction industry leader. We create better living environments in Finland, Russia, the Baltic countries, the Czech Republic, Slovakia and Poland. Over 100 years of experience have secured us a strong market position: we are the largest housing developer and one of the largest business premises and infrastructure developers in Finland, and the most significant foreign housing and area developer in Russia. Our vision is to stay one step ahead – while taking care of our customers, partners and personnel. We have nearly 6,000 employees in eight countries. In 2014, our revenue amounted to around EUR 1.8 billion. Our share is listed on NASDAQ OMX Helsinki. www.yitgroup.com