YIT
YIT has sold its stake in joint venture Tieyhtiö Vaalimaa
YIT has sold its stake in the joint venture Tieyhtiö
The Hamina-Vaalimaa project comprised approximately 32 kilometres of new motorway construction and other related road alterations. The project significantly improved the safety and operability of the road; and high-quality environmental construction and stringent environmental consciousness played a significant role in project planning.
"The cooperation with
The sale is part of YIT's transformation program, one of the objectives of which is to improve YIT's capital efficiency. In 2023, the company initiated a strategic review regarding certain assets and operations to secure the best possible value creation.
Further information:
YIT Group Communications: tel. +358 44 743 7536, press@yit.fi
Distribution: Nasdaq
YIT is a leading construction and development company. Building on over 110 years of experience, we develop and build sustainable living environments: functional homes, future-proof public and commercial buildings, and infrastructure to support the green transition. We employ approximately 4,300 professionals in eight countries. Our revenue in 2023 was
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