What is the main business of YIT Development?

The main business activity of YIT Development focuses on realization of building projects related to erection of buildings.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on August 26, 2015.

Where is the headquarters located?

The headquarters is located at: ul. Stanisława Żaryna 2B, 02-593 Warszawa.

What is the share capital?

The share capital of the company is PLN 7,000,000 (approx. $1.9 million).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2024 to December 31, 2024.

What revenue was generated?

In 2024, the company generated total revenue of $55,886,895, representing an increase of 53.6% compared to 2023.

Is the company profitable?

Yes, in 2024 the company was profitable, achieving a net profit of $2,353,820, meaning the company increased its profit by 478.4%.

Which cost dominates operating expenses?

The largest operating cost category falls under external services. This category amounted to $40,679,338 in 2024, representing 87% of all operating expenses.

YIT Developmentsp. z o.o.

Realization of building projects related to erection of buildings

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2015-08-26

Share capital

7 000 000,00 PLN

Activity description

YIT Development is a residential property developer with projects in Warsaw, Gdańsk and Kraków. Its residential developments include Aroma Park Lofty, Meri Apartamenty and Nordic Górka Narodowa.

Registered address

ul. Stanisława Żaryna 2B, 02-593 Warszawa, Poland

Website

yit.pl

Phone

Social media

Electronic delivery address

AE:PL-42952-77587-RTCES-13

Financials

Revenue history (in m)

Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2025.

Results vs industry

Revenue

This companyUSD 96.01mMedianUSD 119.87kAverageUSD 1.43m

Net profit

This companyUSD 5.26mMedianUSD 137.02AverageUSD 150.49k

Operating costs

This companyUSD 87.05mMedianUSD 89.06kAverageUSD 1.16m

Assets

This companyUSD 226.19mMedianUSD 476.17kAverageUSD 3.77m

Industry

Bank accounts

Registered as a VAT taxpayer on 2015-09-01. Active

mBank
46 1140 0039 0000 5568 6500 1036
mBank
03 1140 0039 0000 5568 6500 1034
mBank
62 1140 0039 0000 5568 6500 1039

Debt

No entries in the National Debtors Register (KRZ). No proceedings in KRZ

Real estate

Type	Amount
Buildings and premises	PLN 1.6MPLN 1,605,114

Public aid

No public aid cases recorded in the last 10 years.

Tenders

No recorded participation in tenders.

Authorized Representatives

Konrad Andrzej Borzęcki – Attorney-in-fact (joint)

Leszek Andrzej Stankiewicz – President of the Management Board

Anna Diana Chodor – Attorney-in-fact (joint)

Joanna Barbara Czwarno – Attorney-in-fact (joint)

Michał Dachowski – Attorney-in-fact (joint)

Manner of representation

The following are authorised to represent the company and to make declarations on its behalf: (i) two members of the management board acting jointly, or (ii) a member of the management board acting jointly with a commercial proxy.

Ownership

Owner	Shares	Share value	Stake
Yit Housing Oy	70,000	$1,890,869.80	100%

Beneficial owners

Person	Rights

Subsidiaries

Name	Share value	Stake
Postęp Propertysp. z o.o.	67,531.06 USD	100%
YIT Constructionsp. z o.o.	37,493.25 USD	100%
YITsp. z o.o.	1,350.62 USD	100%

Competitors

Name	Revenue	Website
Asbud Towarowasp. z o.o.	$152,060,091.35	asbud.com
Invest Komfortsp. k.	$113,499,274.36	investkomfort.pl
Dantex Holdingsp. z o.o.	$64,935,614.20	dantex.pl
InproS.A.	$55,500,502.26	inpro.com.pl
HreitS.A.	$44,426,946.01	hreit.pl
JHM DevelopmentS.A.	$40,371,923.66	jhmdevelopment.pl
SGIsp. z o.o.	$26,225,545.70	sgi.pl
Art.LocumS.A.	$26,155,587.08	artlocum.pl
Acciona Nieruchomościsp. z o.o.	$18,875,836.57	acciona-nieruchomosci.pl
Aurec Home Holdingsp. z o.o.	$10,752,274.92	aurechome.pl

Change history

Date	Event
2022-01-27	Address change (Ul. Twarda 18, 00-105, Warszawa → Ul. Nałęczowska 33, 02-922, Warszawa)
2017-11-08	Share capital change (6,000,000.00 PLN → 7,000,000.00 PLN)
2017-01-27	Share capital change (5,500,000.00 PLN → 6,000,000.00 PLN)
2016-09-06	Share capital change (5,000,000.00 PLN → 5,500,000.00 PLN)
2016-07-19	Address change (Plac Marsz. Józefa Piłsudskiego 3, 00-078, Warszawa → Ul. Twarda 18, 00-105, Warszawa)

FAQ

Last updated: 2026-10-07