Listing prospectus for YIT’s EUR 100 million secured green notes is available and the amendments to the terms of EUR 100 million green notes 2026 have become effective
STOCK EXCHANGE RELEASE MAY 19, 2011 AT 9:00 A.M.
CHANGES IN MANAGEMENT POSITIONS AT YIT CORPORATION
Due to Arne Malonæs’ long-term sick-leave, Matti Malmberg (51), M.Sc. (Eng.), has been, for the present, appointed head of the Building Services Northern Europe business segment and member of the Group's Management Board. Malmberg will report to Juhani Pitkäkoski, CEO of YIT Corporation. Malmberg joined YIT Group in 1985, and he is currently Senior Vice President in charge of Building Systems Finland, Russia and the Baltic countries.
Jarno Hacklin (32), B.Sc.(Tech.), was appointed, for the present, responsible for YIT’s Building System Services in Finland, Russia and the Baltic Countries. Hacklin reports to Matti Malmberg. Hacklin joined YIT in 2001, and he is currently Director of the Building Solutions Business Group of Building System Services in Finland.
In addition, Janne Järvinen (40), BBA was appointed Purchasing Director of the Group. Järvinen reports to Juhani Pitkäkoski, President and CEO. Järvinen joined YIT in 2009, and he is currently Purchasing Director of Construction Services Finland business segment. The appointment will support YIT’s objective of improving cost efficiency by developing procurement operations.
For additional information, please contact:
Juhani Pitkäkoski, President and CEO, YIT Corporation, tel. +358 20 433 3301, juhani.pitkakoski@yit.fi
Hanna-Maria Heikkinen, Vice President, Investor Relations, YIT Corporation, tel. +358 40 826 2172, hanna-maria.heikkinen@yit.fi
YIT CORPORATION
Hanna-Maria Heikkinen
Vice President, Investor Relations
Distribution: NASDAQ OMX, principal media, www.yitgroup.com
YIT is a successful European service company in building systems, construction services and services for industry. We build, develop and maintain quality living environments in Nordic countries, Central Europe, Russia and Baltic countries. In 2010, YIT's revenue amounted to EUR 3.8 billion. The Group employs nearly 26,000 people. YIT's share is listed on NASDAQ OMX Helsinki. www.yitgroup.com