Extraordinary General Meeting of VR Group Plc – VR to pay capital repayment to the Finnish State from the purchase price of rolling stock sold to Suomen Ostoliikennekalusto Oy
Extraordinary General Meeting of VR Group Plc – VR to pay capital repayment to the Finnish State from the purchase price of rolling stock sold to Suomen Ostoliikennekalusto Oy
VR-Group Plc, Stock Exchange Release, 24 March 2026 at 2.00 p.m.
The Extraordinary General Meeting of VR Group Plc held on 24 March 2026 resolved that VR will pay EUR 140 million to the Finnish State as a capital repayment from the purchase price of the rolling stock of Suomen Ostoliikennekalusto Oy (RailStock). The capital repayment will be paid on 30 March 2026.
The capital repayment is related to the implementation of the first phase of the arrangement between VR and Suomen Ostoliikennekalusto Oy, under which the rolling stock used in tendered rail traffic was transferred to the ownership of the state-owned rolling stock company on 2 March 2026 for a purchase price of approximately EUR 200 million.
Suomen Ostoliikennekalusto Oy acquired from VR the commuter train rolling stock used in the tendered rail traffic procured by the Ministry of Transport and Communications, including the upcoming Sm7 trains, as well as rail cars and night train coaches. In the second phase, the company is expected to take over the upcoming new night train and car-carrier wagons. The second phase will be implemented later in 2026.
The total purchase price of the rolling stock in the overall arrangement is approximately EUR 250 million. Following the first instalment of the capital repayment now paid, a second instalment will be paid so that the arrangement is financially neutral for VR.
The establishment of a rolling stock company for tendered traffic is recorded in the Finnish Government Programme and is considered a key measure to promote competition in passenger rail transport. The objective is to ensure equal market access for all operators by providing rolling stock for publicly tendered commuter rail traffic. The current agreement for tendered traffic between the Ministry of Transport and Communications and VR will expire at the end of 2030.
VR-Group Plc
Contacts
- VR Mediadesk, [email protected]
- VR Mediadesk, +358 (0)29 434 7123, [email protected]
About VR-Yhtymä Oyj
At VR, we promote the responsible transport of the future. We are a passenger, logistics and maintenance service company owned by the Finnish state, and we increase the popularity of carbon-neutral rail and city traffic. We ensure smooth daily travel in Finland and Sweden and act as a pillar of support for industry in Finland’s logistics. In 2025, our customers made a total of 16.1 million journeys on long-distance trains with us in Finland, and we transported 24.8 million tonnes of goods by rail. Our net sales amounted to EUR 1,252.5 million, and at the end of the year we employed more than 9,500 top professionals. Further information: https://www.vrgroup.fi/en/