YIT has signed a contract on the renovation of the K2 city block with Senate Properties
INVESTOR NEWS 27 March 2012 at 15:30
YIT TO CONSTRUCT AVIAPOLIS RING RAILWAY STATION IN VANTAA, FINLAND
YIT Construction Ltd has been selected to implement the interior contract of the Aviapolis railway station, which is part of the Ring Railway project in Vantaa, Finland. The total value of the contract is approximately EUR 37.5 million, and it covers the interior of the Aviapolis railway station and a tunnel section spanning a total of approximately two kilometres. Construction has already begun, and it will last approximately two years.
The Aviapolis station is the first railway station to be built underground in Finland. It will be built 40 metres below ground level.
The Aviapolis station will be built as part of YIT’s internal cooperation between the business areas responsible for business premises and infrastructure construction.
“YIT has extensive experience in the construction of public premises, both business premises and traffic route projects. The Aviapolis station project will allow us to utilise synergies between our three units’ best competencies in the different aspects of the contract,” says Petri Vuokila, Director of the Construction Engineering Unit at YIT Infra Services.
YIT is a significant player in road projects in the Helsinki region. YIT has implemented six different contracts in different phases of the West Metro project, being the largest individual contractor in the project. YIT is also involved in both E18 motorway projects that commenced this year, the motorway between Koskenkylä-Kotka and the Hamina Bypass Road.
Further information:
Petri Vuokila, Unit Director, YIT Construction Ltd, Infra Services, Construction Engineering, tel. +358 408 399 773, petri.vuokila@yit.fi
Tapio Salo, Unit Director, YIT Construction Ltd, Business Premises, tel. + 358 505 052 608, tapio.salo@yit.fi
Risto Kanervo, Unit Director, YIT Construction Ltd, Infra Services, Traffic Routes,
tel. + 358 400 602 643, risto.kanervo@yit.fi
YIT CORPORATION
Virva Salmivaara
Senior Vice President, Corporate Communications
YIT celebrates its 100th anniversary in 2012. The company was established in the Grand Duchy of Finland in 1912. Today, YIT is a leading European service company in building systems, construction services and services for industry. Our 26,000 professionals serve customers in 14 countries - in the Nordic countries, Central Europe, Russia and the Baltic countries. We have grown together with our customers and developed our services in line with the changes taking place in different societies. We intend to continue on that track. Our vision is to lead the way in creating and maintaining good living environments. In 2011, YIT's revenue was approximately EUR 4.4 billion. YIT's shares are listed on NASDAQ OMX Helsinki. www.yitgroup.com