Tag: YIT
Norse gods older than once thought
Runes on an ancient golden decorative plate are now the first known mention of Odin, the king of the Nordic gods – i.e. 150 years earlier than previously thought. The golden ‘bracteate’ is part of a huge archaeological feature which was revealed two years ago by amateurs Jørgen Antonsen and Ole Schytz. The collection, known […]
YIT will withdraw from all operations in Russia through the sale of the businesses
Although the closing process took longer than initially estimated, the transaction was completed in accordance with the agreed sale price and other terms. The full financial effects of the transaction will be disclosed in YIT’s semi-annual report. Markku Moilanen, YIT’s President and CEO: “We are very pleased to announce that the transaction has been completed. […]
YIT sells its businesses in Russia
Markku Moilanen, YIT’s President and CEO: “Due to the crisis in Ukraine, our business in Russia faced unprecedented challenges and it was increasingly difficult to continue operations. The sale of the Russian operations will allow us to exit quickly, in a controlled and complete manner. From the perspective of both us and our customers and […]
YIT’s co-operation negotiations have ended in Finland
The organizational changes in accordance with the new operating model have now begun and will take effect on 1 January 2022. The estimated number of employees to be reduced is a maximum of 230 employees in the entire YIT Group and a maximum of 190 employees in Finland. In Finland, about 110 reductions are achieved […]
