About YIT
YIT is a Real Estate & Construction company based in Helsinki (Finland) founded in 1912, and was acquired by Renta in January 2024. It operates as a real estate development services are provided across various projects. It operates on a Professional Services and Direct-to-Consumer (D2C) model. Its chief executive is Markku Moilanen. Its website yit.fi draws about 56 thousand monthly visits. YIT offers products and services including Housing Development, Business Premises Construction, Infrastructure Construction, Renovation Services, and Property Investments. Its focus areas include Construction, Building Construction, Residential and Commercial and Infrastructure. Its legal entity is YIT Corporation. Its competitors include Vingroup, Lendlease, Lodha Group, Vanke and Frasers Property and 5 more.
Company details
YIT Corporation is involved in the development and construction of housing, business premises, infrastructure, and entire urban areas. Operations are focused on creating sustainable and better living environments across multiple sectors, including residential, commercial, and industrial construction. Renovation services are provided to enhance property value, while property investment opportunities are offered for co-ownership and development partnerships. Smart building solutions are integrated to promote human-centered and flexible office spaces. The company operates primarily in Finland and extends services to several European countries.
- Latest Funding Round$349.7K (USD), Grant
Dec 2018
- InvestorsEuropean Union
& 1 more
- Acquired byRenta
(Jan 2024)
Products & Services of YIT
YIT offers a comprehensive portfolio of products and services, including Housing Development, Business Premises Construction, Infrastructure Construction, Renovation Services, and Property Investments.
Housing environments are developed for better living experiences.
Business premises are constructed for commercial and industrial use.
Infrastructure projects are built to support urban development needs.
Renovation services are provided for property value enhancement.
Investment opportunities are offered in profitable property assets.
Apps and channels of YIT
its YouTube channel YIT Corporation has 1.44K subscribers and 30 videos.
Videos from YIT
The most watched videos on YIT's YouTube channel, YIT Corporation (1.44K subscribers). Click a video to play it here.
More on YIT Corporation.
Funding Insights of YIT
- Total Rounds 1
- Last Round Grant — $349,703
- First Round $349,703
(Dec 2018)
- Investors Count 1
All 1 funding rounds of YIT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2018 | $349,703 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in YIT
YIT has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Renta Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Construction equipment rental services are provided by Renta. | 2015 | renta.com | Vantaa, Finland |
Investor details for YIT
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People of YIT
49 people are tracked at YIT (30 in leadership, 3 in board & advisors, 16 in team).
| Name | Role | Group |
|---|---|---|
Markku Moilanen | CEO | Leadership |
Olli Järvi | Head Of Data And Insights | Leadership |
Marcin Sawicki | Finance Director | Poland | Leadership |
Heikki Vuorenmaa | President And CEO Of YIT Corporation | Leadership |
Antti Vidgren | Vice President | Leadership |
Sami Viitanen | Vice President, Housing And Business Premises Pirkanmaa | Leadership |
Sanna-Mari Kauko | Vp, Hr, Infrastructure | Leadership |
Aaron Leinonen | Vice President, Finance And Business Control, Housing Finland And CEE | Leadership |
Jukka Vänttinen | Vice President, Common IT Services | Leadership |
Pekka Luukkonen | Vice President | Leadership |
Tuomas Mäkipeska | Chief Financial Officer, EVP | Leadership |
Antti Inkilä | EVP, Housing, Deputy to President & CEO | Leadership |
Matti Tiainen | Vice President, Business Controlling, Business Premises | Leadership |
Kim Anckar | Head Of International Finance | Leadership |
Galina Alekseeva | Head Of HR Department | Leadership |
Tarja Leinonen | Head Of People Operations And Services | Leadership |
Anna-Eerika Mattila | Head Of Customer Inspiration & Marketing | Leadership |
Anastasiya Gorbulina | Director Design Management, Housing Russia | Leadership |
Jussi Järvelä | Head Of Digital Procurement | Leadership |
Aleksi Laine | Executive Vice President, Infrastructure Segment | Leadership |
29 more people are available in the full profile.
Complete people profiles for YIT
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of YIT
3 dated milestones of YIT across 112 years, from founding to its latest funding, stage changes and deals.
- Founded YIT is founded.
- Funding First funding round of $350K.
- Exit Acquired by Renta.
Competitors of YIT
YIT has 10 listed competitors in our database. They include Vingroup, Lendlease, Lodha Group, Vanke and Frasers Property, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vingroup.net | 1993 | Hanoi, Vietnam | – | 347 | Real estate development and management services are offered by Vingroup. | |
| lendlease.com | 1958 | Melbourne, Australia | – | – | Sustainable project development and maintenance services are provided worldwide. | |
| lodhagroup.com | 1980 | Mumbai, India | – | 4,846 | Developer of residential and commercial real estate properties | |
| vanke.com | 1984 | Shenzhen, China | – | 77,708 | Real estate properties are developed in over 50 cities. | |
| frasersproperty.com | 1924 | Singapore | – | 4,399 | Residential and commercial properties are developed and managed across regions. | |
| eiffage.com | 1920 | Paris, France | – | 63,164 | Eiffage is engaged in construction, energy, and infrastructure concessions. | |
| cdl.com.sg | 1963 | Singapore | – | – | Real estate development and management services are provided globally. | |
| godrejproperties.com | 1990 | Mumbai, India | – | 408 | Residential and commercial properties are developed by Godrej Properties. | |
| sunac.com.cn | 2003 | Shanghai, China | – | 19,271 | Residential and commercial real estate development is conducted by Sunac. | |
| dlf.in | 1947 | Gurugram, India | – | 132 | Provider of property and real estate development services |
Detailed competitors of YIT
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- Full competitor set
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Web traffic of YIT
The website of YIT (yit.fi) receives about 55.8K visits a month and ranks #530,432 among all websites worldwide, #7,373 in Construction and Maintenance.
- Monthly visits55.8K
▲ 16.9% vs previous month
- Unique visitors24.7K
per month
- Global rank#530,432
among all websites
- Category rank#7,373
Heavy Industry and Engineering · Construction and Maintenance
- Bounce rate40%
- Pages per visit3.7
- Average visit1 min 01 sec
- DevicesDesktop 28% · Mobile 72%
Websites whose visitors overlap most with YIT. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| yitgroup.com | 100% | 23.9K | #1,055,677 | View details | |
skanska.fi | skanska.fi | 84% | – | #1,009,973 | – |
lemminkainen.fi | lemminkainen.fi | 84% | – | – | – |
| ncc.fi | 81% | – | #1,474,275 | View details | |
peab.fi | peab.fi | 73% | – | #1,877,836 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 33 similar websites and full traffic analytics for YIT
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- 33 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Real Estate Developers & Builders
10 companies that operate in the same segment as YIT (Real Estate Developers & Builders), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of real estate development properties | 1997 | Dubai, Dubai, United Arab Emirates | USD 98.03 M | – | – | |
Developer of luxury residential properties | 1992 | Mumbai, Maharashtra, India | USD 160.33 M | USD 55.39 M | 1,046 | |
Residential and commercial properties are developed by Godrej Properties. | 1990 | Mumbai, Maharashtra, India | – | USD 546.88 M | 6,030 | |
Real Estate Investment trust providing investment brokerage services. | 1971 | Reno, Nevada, United States | – | USD 755.16 M | 897 | |
Premium residential building development services are provided. | 1980 | Mumbai, Maharashtra, India | USD 152.4 M | USD 658.36 M | 1,480 | |
Real estate development services are provided in India. | 1999 | Gurugram, Haryana, India | USD 14.83 M | – | – | |
Real estate development and management services are offered by Vingroup. | 1993 | Hanoi, Vietnam | – | – | 367 | |
Electricity transmission utility projects are developed and supplied. | 2008 | Mumbai, Maharashtra, India | USD 19.85 M | USD 730.41 M | 2,300 | |
Commercial property development services are provided in India. | 1978 | Hyderabad, Telangana, India | – | USD 2.22 B | 31,410 |
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Related news about Yit
Complete news archive for YIT
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Frequently Asked Questions about YIT
YIT was founded in 1912 and raised its 1st funding round 106 years after it was founded.
YIT is headquartered in Helsinki, Finland.
Markku Moilanen is the current CEO of YIT.
YIT Corporation is involved in the development and construction of housing, business premises, infrastructure, and entire urban areas. Operations are focused on creating sustainable and better living environments across multiple sectors, including residential, commercial, and industrial construction. Renovation services are provided to enhance property value, while property investment opportunities are offered for co-ownership and development partnerships. Smart building solutions are integrated to promote human-centered and flexible office spaces. The company operates primarily in Finland and extends services to several European countries.
YIT's top competitors include Godrej Properties, Vingroup and DLF India.
YIT offers Housing Development, Business Premises Construction, Infrastructure Construction, Renovation Services, and Property Investments.
YIT has 2 investors. Key investors include European Union, and Renta Group.
YIT operates through Yit Corporation.
Yes. YIT was acquired by Renta in January 2024.