“The execution of our strategy is progressing in a determined manner. Our new operating model further improves the efficiency of how we work, strengthens the company’s financial competitiveness, and ensures that customer needs are met consistently and effectively,” said Heikki Vuorenmaa, President and CEO of YIT Corporation.

As a result of the efficiency measures, 95 positions will end in Finland. YIT estimates that the personnel reductions and other efficiency measures will generate annual inflation-adjusted cost savings of EUR 18 million by the end of 2027. Of this amount, EUR 7 million is expected to be realized already in 2026. 

Costs related to the efficiency measures, totaling EUR 4 million, will be recognized in the first quarter of the year and included in operating profit adjusting items.