About YIT
YIT is a company based in Helsinki (Finland) founded in 1912 was acquired by Eolus Vind in December 2023. It operates as a Professional Services. The company has 4,120 employees as of December 31, 2024. YIT has completed 1 acquisition, including Caverion. YIT offers products and services including Residential Building Construction, Infrastructure Construction, Renovation Services, and Industrial Construction. YIT operates in a competitive market with competitors including Vingroup, Lendlease, Lodha Group, Vanke and Frasers Property, among others.
- Headquarter Helsinki, Finland
- Employees 4120 as on 31 Dec, 2024
- Stage Public
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Yit Oyj
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Annual Revenue
$2.07 B (USD)-3.46as on Dec 31, 2025
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Net Profit
-$28.2 M (USD)79.49as on Dec 31, 2025
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EBITDA
$65.8 M (USD)0as on Dec 31, 2025
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Latest Funding Round
- Investors
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Employee Count
4120
as on Dec 31, 2024
- Investments & Acquisitions
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Acquired by
Eolus Vind
(Dec 12, 2023)
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IPO & Listings of YIT
YIT is a publicly listed company on the OMXHEX with ticker symbol YIT in Finland, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of YIT
YIT offers a comprehensive portfolio of products and services, including Residential Building Construction, Infrastructure Construction, Renovation Services, and Industrial Construction.
Sustainable homes are developed for residential purposes.
Infrastructure projects are built for urban development.
Renovation services are provided for existing structures.
Industrial facilities are constructed for various sectors.
Funding Insights of YIT
Investors in YIT
YIT has secured backing from 1 investor. Prominent investors backing the company include Eolus Vind.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Developer of wind power projects
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Founded Year | Domain | Location |
Investments & Acquisitions by YIT
YIT has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Caverion.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Caverion is engaged in building performance and facility management.
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1912 |
Financial Statements - YIT
Yit Comparisons
Competitors of YIT
YIT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vingroup, Lendlease, Lodha Group, Vanke and Frasers Property, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Real estate development and management services are offered by Vingroup.
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| domain | founded_year | HQ Location |
Sustainable project development and maintenance services are provided worldwide.
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| domain | founded_year | HQ Location |
Developer of residential and commercial real estate properties
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| domain | founded_year | HQ Location |
Real estate properties are developed in over 50 cities.
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| domain | founded_year | HQ Location |
Residential and commercial properties are developed and managed across regions.
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| domain | founded_year | HQ Location |
Eiffage is engaged in construction, energy, and infrastructure concessions.
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Frequently Asked Questions about YIT
YIT was founded in 1912.
YIT is headquartered in Helsinki, Finland.
Kari Kauniskangas is the current CEO of YIT.
As of Dec 31, 2024, the latest employee count at YIT is 4,120.
Annual revenue of YIT is $2.07B as on Dec 31, 2025.
YIT Corporation is involved in the development of sustainable homes, spaces, and cities. Activities are focused on residential building construction, infrastructure projects, industrial construction, and renovation services. Operations are conducted across multiple countries, including Finland, Sweden, and various Eastern European nations. Emphasis is placed on environmental and social sustainability, alongside good governance practices. Solutions are tailored to create better living environments for communities.
YIT's top competitors include Godrej Properties, Vingroup and DLF India.
YIT offers Residential Building Construction, Infrastructure Construction, Renovation Services, and Industrial Construction.
Yes, YIT is publicly traded on OMXHEX under the ticker symbol YIT.
YIT has made 1 acquisition, including Caverion.
YIT has 1 investor. Key investors include Eolus Vind.
The ticker symbol of YIT is YIT on OMXHEX.