VR-Track is Finland’s leading track maintenance company

VR-Track Ltd and its subsidiaries specialize in track design, construction and maintenance services. The company’s customers include the Finnish government, local authorities, ports, industrial companies using the rail network and other main contractors for track maintenance.

VR-Track also offers engineering services outside the railway environment, mainly through its subsidiaries. The business area generated net turnover of EUR 238.3 million in 2007, an increase of some 2.5% on the previous year, and employs 2,295 people.

VR-Track’s biggest customer is the Finnish Rail Administration, a civil service department subordinate to the Ministry of Transport and Communications, through which the Government manages the state-owned national rail network. The Finnish Rail Administration is responsible for managing the rail network, for the condition of the tracks and for developing them.

In recent years the Finnish government has spent some EUR 400-450 million a year on the track network. Industrial companies, ports and other owners of private tracks have spent a further EUR 20–30 million a year on track construction and maintenance.

VR-Track aims to retain and strengthen its leading position in track maintenance. The main targets for development are customer satisfaction, personnel skills, work procedures and tools. VR-Track will continue to focus on work that requires technical expertise in railway engineering, special machinery, and a thorough understanding of rail safety. Other priorities include the development of civil engineering and export operations.

The focus of work to improve the rail network has shifted to Eastern and Western Finland. This will require VR-Track to be more agile as competition in that market is intensifying. Success in foreign markets also depends on strong expertise and high efficiency.

The Finnish Rail Administration’s action plan will shift the focus of track work during the period 2007-2010 back to repairing and modernizing the old rail network. VR-Track is most strongly equipped to compete for work in this field.

VR-Track’s Internet website at www.vr-rata.fi/en/index.html