YIT

Helsinki, Finland Founded: 1912 • Age: 114 yrs Acquired By Eolus Vind
Residential, commercial, and infrastructure development services are provided globally.
Annual revenue $2.1B Latest available
Total funding - Funding intelligence
Employees 4120 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Real Estate & Construction
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Yit Oyj
Operational Areas
Real Estate & Construction → Construction, Engineering & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.07 B (USD)
    -3.46
    as on Dec 31, 2025
  • Net Profit
    -$28.2 M (USD)
    79.49
    as on Dec 31, 2025
  • EBITDA
    $65.8 M (USD)
    0
    as on Dec 31, 2025
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    4120

    as on Dec 31, 2024

  • Investments & Acquisitions
  • 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.

Exchange: OMXHEX · Ticker: YIT · Sector: Finance · Finland

Products & Services of YIT

YIT offers a comprehensive portfolio of products and services, including Residential Building Construction, Infrastructure Construction, Renovation Services, and Industrial Construction.

Product name locked
Category locked
Primary

Sustainable homes are developed for residential purposes.

Product name locked
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Infrastructure projects are built for urban development.

Product name locked
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Renovation services are provided for existing structures.

Product name locked
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Industrial facilities are constructed for various sectors.

Funding Insights of YIT

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Detailed funding history for YIT

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Investors in YIT

YIT has secured backing from 1 investor. Prominent investors backing the company include Eolus Vind.

All
Investor Description Founded Year Domain Location
Developer of wind power projects
Locked Locked Locked
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Investor details for YIT

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Investments & Acquisitions by YIT

YIT has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Caverion.

Investments
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Investment portfolio details for YIT

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Caverion is engaged in building performance and facility management.
Locked Locked 1912 Locked
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Complete acquisition details for YIT

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Financial Statements - YIT

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Detailed financials for YIT

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Yit Comparisons

YIT Primary company
Description
Residential, commercial, and infrastructure development serv...
Location
Helsinki, Finland
Founded Year
1912
Annual Revenue
$2.07 B (USD)
Net Profit
-$28.2 M (USD)
EBITDA
$65.8 M (USD)
Employees
4,120
As of 2024
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Peer comparison for YIT

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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
Locked Locked Locked
Real estate development and management services are offered by Vingroup.
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Sustainable project development and maintenance services are provided worldwide.
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Developer of residential and commercial real estate properties
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Real estate properties are developed in over 50 cities.
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Residential and commercial properties are developed and managed across regions.
Locked Locked Locked
Eiffage is engaged in construction, energy, and infrastructure concessions.
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Detailed competitors of YIT

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Latest news on Yit

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Complete news archive for YIT

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  • Source and publication date
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  • Brand-specific news history

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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.

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