{
  "language": "en",
  "interfaceLanguage": "en",
  "url": "https://voltformer.com/news/yit-2026-03-06-yit-to-deliver-phase-four-of-the-espoo-urban-railway-project-contract-value-eur-73-million",
  "slug": "yit-2026-03-06-yit-to-deliver-phase-four-of-the-espoo-urban-railway-project-contract-value-eur-73-million",
  "category": "epc-contractors",
  "publishDate": "2026-03-06",
  "sourceName": "YIT Investor News",
  "sourceUrl": "https://www.yitgroup.com/en/news-repository/investor-news/yit-to-deliver-phase-four-of-the-espoo-urban-railway-project--contract-value-eur-73-million",
  "readingTimeMinutes": 1,
  "tags": [
    "YIT",
    "EPC"
  ],
  "content": {
    "title": "YIT selected for phase four of the Espoo Urban Railway",
    "summary": "The Finnish Transport Infrastructure Agency selected YIT for Area Contract 4 between Espoo Centre and Kauklahti. The contract was signed on 5 March 2026 and is valued at approximately EUR 73 million; completion is expected in 2029.",
    "sections": [
      {
        "heading": "Reported scope and milestone",
        "paragraphs": [
          "YIT: The Finnish Transport Infrastructure Agency selected YIT for Area Contract 4 between Espoo Centre and Kauklahti. The contract was signed on 5 March 2026 and is valued at approximately EUR 73 million; completion is expected in 2029."
        ],
        "sources": [
          {
            "name": "YIT Investor News",
            "url": "https://www.yitgroup.com/en/news-repository/investor-news/yit-to-deliver-phase-four-of-the-espoo-urban-railway-project--contract-value-eur-73-million"
          }
        ]
      },
      {
        "heading": "Engineering interpretation",
        "paragraphs": [
          "This is a defined rail infrastructure contract within a larger public project. YIT already performs excavation works and participates in Area Contract 2; the new award concerns Area Contract 4, not the whole railway."
        ],
        "sources": [
          {
            "name": "YIT Investor News",
            "url": "https://www.yitgroup.com/en/news-repository/investor-news/yit-to-deliver-phase-four-of-the-espoo-urban-railway-project--contract-value-eur-73-million"
          }
        ]
      },
      {
        "heading": "Delivery responsibilities",
        "paragraphs": [
          "The reported construction package defines the contractor’s delivery responsibilities. Civil works, building services, installation and commissioning may sit with different contractors or joint-venture partners. The full project budget is distinct from an individual contractor’s award. Contract award, site mobilization, practical completion and operation are separate milestones; planned dates and capacity remain prospective until the owner confirms delivery. The source-defined scope therefore matters when comparing a civil contractor, a construction manager and an integrated design-and-build provider."
        ],
        "sources": [
          {
            "name": "YIT Investor News",
            "url": "https://www.yitgroup.com/en/news-repository/investor-news/yit-to-deliver-phase-four-of-the-espoo-urban-railway-project--contract-value-eur-73-million"
          }
        ]
      }
    ]
  },
  "companies": [
    {
      "slug": "yit",
      "name": "YIT",
      "href": "/epc-contractors/yit",
      "website": "https://www.yitgroup.com/",
      "aliases": [
        "YIT",
        "واي آي تي",
        "YIT Corporation"
      ]
    }
  ]
}