YIT Secures Seven Road Contracts in Lithuania Worth €30 Million in First Half of 2026
2026-06-29 14:03
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en.Wedoany.com Reported - Between January and June 2026, YIT signed multiple agreements with AB Via Lietuva, the Lithuanian National Road Administration, for the implementation of seven road construction projects in the country, with a total contract value of approximately €30 million. These contracts will be recorded in the company's order book for the second quarter.

Marko Oinas, Head of YIT's Building Operations in Central and Eastern Europe, stated that the company's long-term local expertise in Lithuania enables it to deliver high-quality road projects, enhancing safe and efficient travel experiences.

In the first half of 2026, YIT's Building Operations launched road construction projects in Lithuania covering a total length of 26 kilometers, spanning the following regions and specific works:

Along the main highway A1 Vilnius-Kaunas-Klaipėda in major urban areas (Kaunas, Klaipėda, Tauragė), the scope includes pavement works and partial structural layer reconstruction, with the contract also covering the repair of two bridges.

Road reconstruction along National Road 141 Kaunas-Jurbarkas-Šilutė-Klaipėda (Pagėgiai, Šilutė), including structural layer works, with the contract also covering the repair of three bridges.

Street reconstruction along National Road 116 Širvintos-Rimučiai-Kernavė-Dūkštos (Širvintos), including communication network and structural layer reconstruction.

YIT (YIT Corporation) is an infrastructure and construction company operating in Europe, with business activities covering residential construction, commercial space development, and social infrastructure construction. The company operates in seven countries and employs approximately 4,100 professionals. In 2025, the company's revenue was €1.8 billion. YIT Corporation's shares are listed on Nasdaq Helsinki.

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