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Yit Oyj (YTY1V.HE)

YTY1V.HE on Helsinki Stock Exchange

6.10EUR
12:00pm EST
Change (% chg)

€-0.10 (-1.69%)
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€6.20
Open
€6.21
Day's High
€6.22
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€6.09
Volume
661,534
Avg. Vol
476,003
52-wk High
€8.09
52-wk Low
€5.97

Latest Key Developments (Source: Significant Developments)

Finnish Authority Asks to Extend Investigation of YIT and Lemminkainen Merger
Monday, 11 Dec 2017 07:30am EST 

Dec 11 (Reuters) - LEMMINKAINEN OYJ ::THE FINNISH COMPETITION AND CONSUMER AUTHORITY APPLIES FOR AN EXTENSION FOR INVESTIGATING THE MERGER OF LEMMINKÄINEN CORPORATION AND YIT CORPORATION.‍FCCA HAS TODAY APPLIED FOR AN EXTENSION FROM FINNISH MARKET COURT UNTIL 26 JANUARY 2018​.‍PROVIDED THAT FINNISH MARKET COURT WILL GRANT APPLIED EXTENSION, COMPLETION WILL LIKELY BE DELAYED​.  Full Article

YIT To Construct Deep Level Tunnels In A Gold Mine
Tuesday, 5 Dec 2017 02:15am EST 

Dec 5 (Reuters) - Yit Oyj ::YIT AND AGNICO EAGLE FINLAND HAVE SIGNED A CONTRACT TO CONSTRUCT THE DEEP LEVEL TUNNELS IN A GOLD MINE DURING THE COMING YEARS.YIT AND AGNICO EAGLE FINLAND HAVE SIGNED A CONTRACT TO CONSTRUCT THE DEEP LEVEL TUNNELS IN A GOLD MINE DURING THE COMING YEARS.YIT OYJ - CONTRACT INCLUDES EXCAVATION AND REINFORCEMENT WORK OF TUNNELS TO BE CONSTRUCTED.YIT OYJ - TOTAL VALUE OF CONTRACT IS APPROXIMATELY EUR 35 MILLION.YIT OYJ - VALUE OF CONTRACT WILL BE BOOKED IN ORDER BACKLOG IN LAST QUARTER OF 2017.  Full Article

YIT sells third housing project in Bratislava
Thursday, 2 Nov 2017 07:00am EDT 

Nov 2 (Reuters) - YIT OYJ :YIT HAS SOLD THIRD HOUSING PROJECT IN BRATISLAVA, SLOVAKIA TO YCE HOUSING I FUND.‍PROJECT IS THIRD PHASE OF YIT'S LARGEST AREA PROJECT IN BRATISLAVA CALLED NUPPU. T​.‍VALUE OF PHASE IS OVER EUR 13 MILLION.  Full Article

YIT says JV Regenero buys properties in Espoo
Tuesday, 31 Oct 2017 08:00am EDT 

Oct 31 (Reuters) - YIT OYJ ::REGENERO, A JOINT VENTURE FORMED BY YIT AND HGR PROPERTY PARTNERS, HAS ACQUIRED FORTUM'S HEADQUARTERS IN KEILANIEMI, ESPOO, FINLAND.‍YIT'S OWNERSHIP OF PROJECT IS NOT MORE THAN 50 PER CENT​.‍IN PLOT ACQUISITION PHASE, YIT WILL MAKE AN INVESTMENT OF APPROXIMATELY EUR 10 MILLION​.  Full Article

YIT Q3 EBIT EUR ‍15.6​ million, below expectations
Friday, 27 Oct 2017 01:00am EDT 

Oct 27 (Reuters) - YIT OYJ :‍GUIDANCE FOR 2017 UNCHANGED​.Q3 NET SALES EUR ‍420.2​ MILLION (REUTERS POLL: EUR 466 MILLION).Q3 EBIT EUR ‍15.6​ MILLION (REUTERS POLL: EUR 26.4 MILLION).  Full Article

YIT with projects in Russia worth total EUR 25 million
Tuesday, 10 Oct 2017 05:30am EDT 

Oct 10 (Reuters) - YIT OYJ ::YIT TO START THE CONSTRUCTION OF NEW APARTMENT BUILDINGS IN THE MOSCOW REGION AND TYUMEN, RUSSIA.‍TOTAL COMBINED VALUE OF PROJECTS IS OVER EUR 25 MILLION​.‍PROJECTS WILL BE COMPLETED BY END OF FIRST HALF-YEAR OF 2019​.  Full Article

YIT to start EUR 10 mln project
Thursday, 5 Oct 2017 03:30am EDT 

Oct 5 (Reuters) - YIT OYJ :YIT TO START A NEW AREA DEVELOPMENT PROJECT IN ASEMANRANTA, IN HÄMEENLINNA, FINLAND.‍VALUE OF PROJECT IS OVER EUR 10 MILLION​.FIRST PROJECT TO BE CONSTRUCTED IS HÄMEENLINNAN ORIGO WITH 44 APARTMENTS TO BE COMPLETED BY END OF 2018.  Full Article

YIT-Lemminkainen merger may have harmful market impacts -watchdog
Thursday, 28 Sep 2017 03:18am EDT 

Sept 28 (Reuters) - Finnish competition and consumer authority::says proposed merger between YIT and Lemminkainen may have harmful impacts on competition in housing and infrastructure construction.says further proceedings needed.says may approve merger as such, attach conditions to approval or request that Finnish market court prohibit merger.  Full Article

YIT signs a road and city maintenance contracts
Thursday, 21 Sep 2017 02:00am EDT 

Sept 21 (Reuters) - YIT OYJ :YIT TO START NEW ROAD AND CITY MAINTENANCE CONTRACTS IN OCTOBER.‍TOTAL VALUE OF CONTRACTS IS OVER EUR 100 MILLION AND CONTRACTS ARE RECORDED TO ORDER BACKLOG OF Q3​.‍CONTRACTS START OCTOBER 1, 2017 AND COVER FIVE YEARS.​.  Full Article

YIT shareholders approve issuance of new shares to shareholders of Lemminkäinen
Tuesday, 12 Sep 2017 05:00am EDT 

Sept 12 (Reuters) - YIT OYJ :‍SHAREHOLDERS OF LEMMINKÄINEN SHALL RECEIVE AS MERGER CONSIDERATION 3.6146 NEW SHARES OF YIT FOR EACH SHARE OWNED IN LEMMINKÄINEN​.‍ANY COSTS RELATED TO SALE AND DISTRIBUTION OF FRACTIONAL ENTITLEMENTS SHALL BE BORNE BY YIT​.‍TOTAL OF 83,876,431 NEW SHARES IN YIT WOULD BE ISSUED TO SHAREHOLDERS OF LEMMINKÄINEN AS MERGER CONSIDERATION​.  Full Article

BRIEF-YIT To Construct Deep Level Tunnels In A Gold Mine

* YIT AND AGNICO EAGLE FINLAND HAVE SIGNED A CONTRACT TO CONSTRUCT THE DEEP LEVEL TUNNELS IN A GOLD MINE DURING THE COMING YEARS