About YIT
YIT is a publicly listed company based in Helsinki (Finland) founded in 1912, and was acquired by Eolus Vind in December 2023. It operates as a residential, commercial, and infrastructure development services are provided globally. It operates on a Professional Services model. The company has 4,120 employees. YIT has completed 1 acquisition, including Caverion. Its chief executive is Kari Kauniskangas. Its website yitgroup.com draws about 24 thousand monthly visits. YIT offers products and services including Residential Building Construction, Infrastructure Construction, Renovation Services, and Industrial Construction. Its focus areas include Construction, Building Construction, Residential Construction 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 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.
- Headquarters Helsinki, Finland
- Employees 4,120
- Stage Public
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website yitgroup.com
- Social LinkedIn X Facebook
- Acquired by Eolus Vind (Dec 2023)
- Legal Name Yit Oyj
- Annual Revenue$2.07 B (USD)-3.46as on Dec 31, 2025
- Net Profit-$37.6 M (USD)72.65as on Dec 31, 2025
- EBITDA$62.28 M (USD)0as on Dec 31, 2025
- Investors
- Employee Count4,120
- Investments & Acquisitions
- Acquired byEolus Vind
(Dec 2023)
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.
Investors in YIT
YIT has secured backing from 1 investor. Prominent investors backing the company include Eolus Vind.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Developer of wind power projects | 1999 | eolusvind.com | Hassleholm, Sweden |
Investor details for YIT
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People of YIT
1 people are tracked at YIT (1 in leadership); the tracked headcount is 4,120.
| Name | Role | Group |
|---|---|---|
Kari Kauniskangas | President & CEO | Leadership |
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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.
- IPO date07 Jan 2000
- Listed onATHEX: YIT
- Listed entityYIT Oyj
- Exchange sectorFinance
- ISINFI0009800643
- Share price4.16 EUR (+0.61% on the day) · 2026-10-14
- Market capitalisation950,079,945.00 EUR
- EPS (diluted, trailing year)-0.29 EUR
- Volume (last session)10,064
Financials of YIT
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 1.76B EUR | -32.0M EUR | 53.0M EUR |
| 2024 | 1.82B EUR | -117.0M EUR | -39.0M EUR |
| 2023 | 2.16B EUR | -2.0M EUR | 10.0M EUR |
| 2022 | 2.40B EUR | -374.0M EUR | 98.0M EUR |
| 2021 | 2.65B EUR | 1.0M EUR | 109.0M EUR |
Detailed financial statements 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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Caverion is engaged in building performance and facility management. | caverion.com | Vantaa, Finland | 1912 | Jun 2010 | •••• |
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Timeline of YIT
4 dated milestones of YIT across 111 years, from founding to its latest funding, stage changes and deals.
- Founded YIT is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Caverion.
- Exit Acquired by Eolus Vind.
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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Web traffic of YIT
The website of YIT (yitgroup.com) receives about 23.9K visits a month.
- Monthly visits23.9K
▼ 31.5% vs previous month
Websites whose visitors overlap most with YIT. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
lemminkainen.com | lemminkainen.com | 100% | – | – | – |
| yit.fi | 93% | 55.8K | #530,432 | View details | |
| ruukki.com | 92% | 99.7K | #280,285 | View details | |
| skanska.com | 83% | 176.8K | #199,032 | View details | |
caverion.de | caverion.de | 81% | – | #2,150,995 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for YIT
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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.
YIT is headquartered in Helsinki, Finland.
Kari Kauniskangas is the current CEO of YIT.
YIT has 4,120 employees.
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.
YIT operates through Yit Corporation.