VR is a fully state-owned company

The Finnish state owns the entire share stock of VR-Group Ltd, the parent company of VR Group. The owner’s representative is the State Ownership Steering Department of the Prime Minister's Office, which also exercises authority at VR-Group’s AGM.

In line with the principles of owner control, the AGM appoints the members of VR-Group’s Board of Directors and Supervisory Board, who decide on the company’s strategic policies. The state requires a state-owned company to operate profitably and to make a net profit.