Press release -

YIT to build Lahti’s new bus and freight terminal

YIT, Sito and the City of Lahti have signed an agreement to build a new bus and freight terminal to Lahti through an alliance model. The total value of the project for YIT is roughly EUR 15 million, and it is due for completion in autumn 2015. The long-haul bus terminal together with a freight terminal will be built next to the Lahti railway station. Special attention has been paid to cyclists and pedestrians, and 200 sheltered bicycle parking places will be built. YIT has been involved as a party in the alliance also during the development phase of the project, which has included preparatory work such as arrangements for public transport.

 “We are delighted to be involved in developing new, more efficient implementation models for the construction industry. Of these, the alliance model is the newest and emphasises most the co-operation between parties. The alliance model enables flexible co-operation and efficient exploitation of the strengths of the different parties”, explains Jarkko Salmenoja, Vice President at YIT Infra Services.

For additional information, please contact:

Sanna Kaje, Vice President, Investor Relations, YIT Corporation, tel. +358 50 390 6750, sanna.kaje@yit.fi

Jarkko Salmenoja, Vice President, YIT Infra Services, tel. +358 40 356 7057, jarkko.salmenoja@yit.fi

YIT CORPORATION

Sanna Kaje
Vice President, Investor Relations

Topics

  • Building, property

Categories

  • agreement

YIT is a construction industry leader. We create better living environments in Finland, Russia, the Baltic countries, the Czech Republic and Slovakia. Over 100 years of experience have secured for us a strong market position: We are the largest housing developer and one of the largest business premises and infrastructure developers in Finland, and the most significant foreign housing and area developer in Russia.  Our vision is to stay one step ahead – while caring for our customers, partners and personnel. We have more than 6,000 employees in seven countries. In 2013, our revenue amounted to nearly EUR 1.9 billion. Our share is listed on Nasdaq OMX Helsinki. www.yitgroup.com

Contacts

YIT Press Desk

Press contact For all media related inquiries please contact YIT Press Desk Mon-Fri between 9 am and 4 pm (CET+1) +358 44 743 7536

Hanna Malmivaara

Press contact Vice President, Communications Corporate Communications

Sari Malka

Press contact Communications Manager Corporate Communications +358503579901