YIT and Autodesk pull out of Russia
For Ukraineschedule 04 March 2022
1 / 1
Finnish construction group YIT has announced that it is pulling out of Russia, while Autodesk, a producer of software for the construction and engineering industries, is also withdrawing from the country.
The Russian military attack has led to great human distress and suffering in Ukraine and our sympathy is with the Ukrainian people. We are deeply shocked by these recent events. The situation in Ukraine has sped up the review of our Russian operations, which we initiated last November.Markku Moilanen, the president and CEO of YIT
YIT’s Russian residential division generated EUR 204 mln in revenue in 2021, representing 7 pct of the group’s total income for the year. The company h
Already have an account? Log in
60% of content remaining
Unlock full access to the article
PLN
EUR
Lifetime access to current material
One-time payment, lifetime access.
Choose
Access includes
- Lifetime access to current material
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
- Exclusive news, comments, articles and interviews with the most important market representatives and experts
- Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
- Eurojobs
- Eurobuild FM
Modular construction becomes more prominent
Modular construction becomes more prominent
Spectis
After a temporary slowdown, the modular construction market in Poland continues to expand in 2025. Although the sector faces challenges such as high material costs and investment f ...
EXPO REAL 2025: From survival mode to selective recovery
EXPO REAL 2025: From survival mode to selective recovery
Axi Immo
This year’s EXPO REAL in Munich marked a noticeable shift in tone across industry conversations. Following a period of uncertainty and postponed investment decisions, the com ...
Are lease agreements in retail parks still triple-net?
Are lease agreements in retail parks still triple-net?
CMS
The lease agreements concluded for retail parks increasingly feature solutions that differ from the classic Triple Net Lease agreements, particularly as regards the settlement of o ...