22/01/2020 – News / Maritime / Construction / Cruise Terminal / YIT / Finland / Port of Tallinn / Estonia
YIT wins €13m contract to build new cruise terminal in Tallinn, Estonia
YIT – Finland’s largest construction company – has signed a contract with Port of Tallinn for the construction of a new cruise terminal at the port in Estonia’s capital. The €13-million contract will be entered in the order backlog for Q1 2020. The project will commence this month and is slated for completion in summer 2021.
The contract includes a three-storey terminal building with a net area around 4000 square metres, pedestrian promenade area at the pier, children’s playground and parking spaces.
The multifunctional and environmentally-friendly cruise terminal will be built in the Old City Harbor in the immediate vicinity of existing cruise liners.
Both the interior and exterior architecture have focused on the best environmental performance of materials and equipment. The building will be heated by sea heating where the energy is drawn from the seawater collector. Energy will also be drawn from solar panels.
Outside the cruise season, the building, which can accommodate up to 2,000 people, will be used for events, concerts or conferences.
The technical design of the terminal building is based on a study that explored how to implement energy efficient, ecological and sustainable solutions in the new building that would suit the Nordic climate and would allow the building to be operated outside the cruise season. The study was supported by EU funding for the Green Cruise Port project, implemented under the Interreg Baltic Sea Program.
Nasdaq Helsinki listed YIT Corporation is Finland’s largest construction company and a significant player throughout northern Europe, operating across 11 countries including Finland, Russia, Scandinavia, the Baltic countries, the Czech Republic, Slovakia and Poland.
The new YIT was born when the over-100-year-old YIT Corporation and Lemminkäinen Corporation merged in February 2018. The firm’s restated pro forma revenue for 2018 was approximately €3.2 billion.
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