News and 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

Otso Ikonen has been appointed Senior Vice President, Maintenance, and a member of VR Group’s Management Team

Otso Ikonen has been appointed CEO of VR FleetCare, responsible for the maintenance of rolling stock, and a member of Finnish VR Group's Management Team. He will take up his new role by 15 August 2022.

20. May 2022 Press releases

Otso Ikonen has been appointed Senior Vice President, Maintenance, and a member of VR Group’s Management Team

Otso Ikonen has been appointed CEO of VR FleetCare, responsible for the maintenance of rolling stock, and a member of VR Group's Management Team. He will take up his new role no later than by 15 August 2022.

19. May 2022 News and current issues 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...

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