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YIT CONTINUED ITS AGREEMENTS WITH COMMERZBANK AND LEIBNIZ-RECHENZENTRUM (LRZ) IN GERMANY

YIT CORPORATION PRESS RELEASE August 18, 2011 at 10:00

YIT CONTINUED ITS AGREEMENTS WITH COMMERZBANK AND LEIBNIZ-RECHENZENTRUM (LRZ) IN GERMANY

YIT Germany GmbH has made two service agreements. Commerzbank has renewed its facility services contract for the Gallileo Tower in Frankfurt, while Leibniz-Rechenzentrum (LRZ) is continuing its contract and expanding it to include facility services also at LRZ II building in Garching near Munich. Both agreements contribute to increasing YIT’s service business turnover in line with the company’s strategy.

Commerzbank extended its facility management contract for the Gallileo Tower a further three years, as YIT’s exemplary services and low-energy building operations speak for themselves. In addition to providing 24-hour emergency service, five service employees are on-site to oversee all the technical systems throughout the 38-story building. YIT ensures sustainable operations, complemented by exceptional system maintenance services. Alongside standard office space, the building also houses a bar and the English Theatre on the first floor – two units with exceptional requirements.

Leibniz-Rechenzentrum in Garching signed a new facility management contract with YIT Germany, thus extending its existing contract another five years. The consistently high quality of YIT’s services prompted the client to expand its contract to include the newly built LRZ II. YIT’s aim is to use energy efficiently in order to maintain low operating and energy costs over the long term. The building’s new high-temperature SuperMUC supercomputer requires a constant supply of cooling fluid, representing an exciting challenge for YIT.

Additional information:
Barbara Niedermeier, YIT Germany GmbH, Marketing and Communication, Tel.: +49-991-310-4287, barbara.niedermeier@yit.de


YIT CORPORATION


Virva Salmivaara                   
Senior Vice President, Corporate Communications              

 

Distribution: Principal media, local media, www.yitgroup.com
 

YIT is a leading European service company in building systems, construction services, and services for industry. We build, develop and maintain quality living environments in the Nordic countries, Central Europe, Russia and the Baltic countries. In 2010, YIT's revenue was EUR 3.8 billion. The Group has over 26,000 employees. YIT's shares are listed on NASDAQ OMX Helsinki.

YIT Germany GmbH is one of Germany’s leading suppliers of technical building equipment across all sectors, real estate operations, and energy-saving solutions. YIT Germany operates its own research and development center and sells the KRANTZ KOMPONENTEN brand, technical ventilation solutions, and exhaust air filtration systems. YIT Germany has 25 branches and around 2,800 employees in Germany.