YIT announces new strategy and financial targets for 2025-2029, introduces a new segment structure
YIT Corporation Stock exchange release 15 October 2021 at 8:45 a.m.
Change in the YIT Management Team
Juhani Nummi, Executive Vice President, Development and the member of YIT Management Team leaves the company. It has been agreed with Juhani Nummi that he will continue as the responsible leader of the designated special projects until 31 December 2021.
The tasks of the EVP, Development will be shared between the CFO and the segment development leads. During the transition period, Juhani Nummi will assist in the transfer of responsibilities and tasks.
"Juhani Nummi has had a long career in the company, including the last eight years as the EVP Development of YIT. He played a key role in the successful integration of YIT and Lemminkäinen and he has purposefully taken forward many of YIT's development projects. I warmly thank Juhani for his long-term work for the company," says President and CEO Markku Moilanen.
For further information:
Markku Moilanen, President and CEO, YIT Corporation
Media inquiries via Group Communications, tel. +358 44 743 7536, press@yit.fi
YIT Corporation
Tommi Järvenpää
Vice President, Investor Relations
Distribution: Nasdaq Helsinki, major media, www.yitgroup.com
YIT is the largest Finnish and a significant North European urban developer and construction company. Our goal is to create more sustainable, functional and attractive cities and living environments. We develop and build apartments, business premises and entire areas. We also specialise in demanding infrastructure construction. We own properties together with our partners, which supports the implementation of our significant development projects. We also provide our customers with services that increase the value of properties. We employ approximately 7,400 professionals in ten countries: Finland, Russia, Sweden, Norway, Estonia, Latvia, Lithuania, the Czech Republic, Slovakia and Poland. Our revenue in 2020 was approximately EUR 3.1 billion. YIT Corporation's share is listed on Nasdaq Helsinki Oy. www.yitgroup.com