A woman reading in a train

Together towards
a better world  

At VR, we promote responsible transport of the future with our solid experience gained from 160 years of operations.

Business Review: Challenging operating environment had a significant negative impact on operational result

The first quarter of 2024 was challenging for VR's business operations. Our profitability was affected by long-lasted strikes, fleet issues as well as increased costs caused by an unusually long period of freezing temperatures and significant track damage. Despite these challenges, we steadfastly continue to implement our strategy and accelerate the company’s turnaround with improved competitiveness.

Towards more sustainable rail logistics with renewable diesel

The sustainability collaboration between the companies is taking a significant step forward as VR commits to using as much renewable diesel in its rail traffic as is consumed by UPM Plywood’s transport of plywood from the Pellos plant to Kouvola and Kotka. This is VR’s first HVO (Hydrotreated Vegetable Oil) concept for rail logistics, whereby emissions from customer transports in the Scope 1 emission class* are reduced to almost zero.

VR expands in Sweden – acquires long-distance traffic operator MTR Express (Sweden) AB

VR-Group Plc is acquiring the long-distance traffic business of MTR Nordic AB's Swedish subsidiary MTR Express (Sweden) AB (MTRX). VR has been operating in Sweden since 2022. With this acquisition, the company's operations will expand in the Swedish passenger transport market from regional contracted services to long-distance traffic. The transaction requires approval from the Swedish competition authority. 

In 2023, the VR long-distance traffic included over 15 million journeys

In 2023, VR’s long-distance traffic included over 15 million journeys, which is an all-time record. The 14 per cent increase from the previous year was due to the increased popularity of business and work travel mainly on weekdays, as well as free-time travel.

Our business areas

We are a passenger, logistics and maintenance service company owned by the Finnish state, and we increase the popularity of environmentally friendly rail and city traffic.

VR's Annual Report 2023


Our brand new, revised annual report has been published! In the annual report, we provide detailed insights into the highlights of the year, our sustainability efforts, corporate governance, and financial figures.

Read more

Already 160 years on the rails

Regular train traffic started between Helsinki and Hämeenlinna on 17 March 1862. Railways have played a key role in the development of Finnish society – and continue to do so.

News and press releases

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