YIT announces new strategy and financial targets for 2025-2029, introduces a new segment structure
COMPANY RELEASE SEPT 26, 2008 at 9:00
Tero Kiviniemi appointed as Head of Construction Services Finland business segment of YIT Corporation
Tero Kiviniemi (37), M.Sc. (Eng.), has been appointed on September 25, 2008 as head of the Construction Services Finland business segment of YIT Corporation, effective from 1 January 2009. Kiviniemi will report to YIT Corporation's CEO Hannu Leinonen, and he will also become a member of YIT Group's Management Board.
Tero Kiviniemi has previously served as head of the Infraservices division within the Construction Services Finland business segment, and prior to that as business unit manager of Structural engineering and regional infraservices. Kiviniemi has been employed by YIT Corporation since 1996 and held positions in civil engineering and residential construction.
Ilpo Jalasjoki, who is the current head of the business segment, will change to a part-time pension. Jalasjoki will report to YIT Corporation's CEO Hannu Leinonen
For additional information, contact: Antero Saarilahti, Senior Vice President, Administration, +358 20 433 2280, antero.saarilahti@yit.fi
Attachments: Picture of Tero Kiviniemi, jpg Tero Kiviniemi's curriculum vitae, pdf
YIT CORPORATION
Juha Kostiainen Senior Vice President, Corporate Communications and Business Development
Distribution: OMX Nordic Exchange in Helsinki, 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 the Nordic countries, Russia, the Baltic countries and Central Europe. In 2007, YIT's revenue amounted to EUR 3.7 billion. The Group employs around 27,000 people. YIT's share is listed on OMX Nordic Exchange Helsinki. www.yitgroup.com