December 19, 2014 9:23 AM ET

Household Durables

Company Overview of ZAO YIT Uralstoi

Company Overview

ZAO YIT Uralstoi operates housing development projects. The company is based in Jekaterinburg, the Russian Federation. ZAO YIT Uralstoi operates as a subsidiary of YIT Oyj.

23 Krasnykh komandirov St.

Jekaterinburg,  620135

Russia

Phone:

7 343 367 7172

Fax:

7 343 367 7150

Key Executives for ZAO YIT Uralstoi

Managing Director
Compensation as of Fiscal Year 2014.

ZAO YIT Uralstoi Key Developments

YIT Uralstroi Launches its First Residential Project in Tyumen, Russia

YIT Uralstroi has launched its first residential project in the Siberian city of Tyumen after being granted a building permit at the end of September. The project is located on a 3.16-hectare plot in the western part of Tyumen, in the residential suburb of Dom Oborony. The complex consists of three apartment buildings, each of which will have 17 to 18 storeys. Altogether nearly 900 apartments will be built in the area, along with space for 20 offices and two stores. The overall area of the apartments is approximately 44,000 square metres, while that of the business premises is around 1,900 square metres. Two parking garages accommodating a total of 580 cars will also be built in the area, as well as a children’s playground and sports field. The value of the first phase now launched is more than EUR 20 million, and it includes 288 apartments. The value of the whole project is approximately EUR 70 million. The first of the apartment buildings is estimated to be completed in the second quarter of 2015. The apartments are located in the vicinity of good commercial and municipal services. Public transport connections in the area are also excellent.

ZAO YIT Uralstoi Expands Operations to Siberia

ZAO YIT Uralstoi has acquired a plot in the city of Tyumen in Western Siberia, Russia. The area of the plot that YIT has acquired is 3.16 hectares and residential construction will begin in 2013. The block will consist of altogether six 18-storey buildings, with plans for 890 apartments in total. All in all, YIT will build more than 40,000 square metres of residential space and approximately 2,300 square metres of other facilities on the plot. The plot is located in the Dom oborony district of Tyumen, which offers a wide variety of services. In proximity to the residential block to be built, there are several supermarkets, grocery shops, schools, day care centres and businesses offering everyday consumer services. Zatyumensky Park, a popular recreational area among the locals, is also located nearby. The plot has good connections to the city centre and the airport, for instance.

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