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 acquisition of the long-distance train operations of MTRX has been completed today 2024-05-30. The passenger traffic between Stockholm and Gothenburg will continue, and all of the approximately 130 MTRX employees will become part of VR's long-distance operations.
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.
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.
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.
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 moreRegular 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.