News and press releases

Standard & Poor's has assigned an issue credit rating of “A+” to the green bond issued by VR Group

23. May 2022 Press releases

VR Group issues its first green bond

VR-Group Plc (VR Group) issues an unsecured EUR 300 million green bond. The 7-year bond carries a fixed coupon at the rate of 2.375 per cent per annum. The bond offering was allocated to both Nordic and Central European investors.

20. May 2022 Press releases

VR Group publishes Green Finance Framework

VR-Group Plc (VR Group) has established a Green Finance Framework to further integrate its sustainability ambitions into its financing. 

16. May 2022 Press releases

VR Group's business review for January–March 2022 – a difficult start to the year burdened profit, a turn for the better has taken place

Early in the year, VR Group’s business operations were overshadowed by the Omicron variant of the coronavirus, affecting train travel. In addition, VR Transpoint’s transport volumes decreased as a result of domestic industrial action and a decrease in Eastern traffic. The Group’s result fell to a weak level. However, a turn for the better took place towards the end of the quarter when the volumes of VR Passenger Services increased significantly, driven by leisure travel.

2. May 2022 Press releases

VR Group's business review for January–December 2021 – Rail travel was focused on leisure travel, freight traffic volumes at a good level

VR Group's net sales developed positively during 2021, but the operating profit was still negative. The was in large part due to the COVID-19 pandemic and related restrictions, which had a large impact on travel demand. VR Transpoint’s transport volumes continued to increase.

18. March 2022 Press releases

VR Group business review for July–September 2021 – positive quarterly result in Passenger Services for the first time during the epidemic

VR Group’s net sales developed favourably in the third quarter. VR Passenger Services achieved a positive result, driven by leisure travel. The demand for VR Transpoint’s transport services remained at a good level.

27. October 2021 News and current issues