VR Group - News and press releases
- Train tickets to St. Petersburg for the UEFA European Championship go on sale on March 18. VR and RZD, the railway operator of Russia, will release the Allegro train tickets for the UEFA European Championship period for sale on Wednesday, March 18 at ... Read more
- Ministry of Transport and VR negotiate purchase of passenger rail services – supply of train services remains at least unchanged The Ministry of Transport and Communications and VR will start negotiations on a new purchase of passenger rail services for the post-2020 situation. The curren... Read more
- Finnish Transport Infrastructure Agency and VR FleetCare test new technology to reduce disruptions to railway traffic Switches play a key role in ensuring smooth railway operations. A switch is used at a railway junction to steer trains from one track to another. Last year, swi... Read more
- Data-driven maintenance: A major leap in rail fleet maintenance – VR FleetCare and EKE-Electronics to launch cooperation Bogies are the most significant components of the rail fleet in terms of lifecycle costs and traffic safety. VR FleetCare, which invests in data-driven and prev... Read more
- VR FleetCare – incorporated rail equipment maintenance seeks new growth via name change Incorporated as a subsidiary of VR at the start of the year, the rail equipment maintenance company VR Maintenance Oy will be known in the future as VR FleetCar... Read more
- VR Group purchases SeaRail Oy in its entirety According to its strategy, VR Group emphasizes business in logistics services and purchases Green Cargo AB’s 50 per cent stake in SeaRail Oy. The deal came into... Read more
- VR Maintenance takes over a new field of operation as it wins the bidding process for the lifetime extension and overhaul Helsinki City Transport’s metro trains VR-Group Ltd (implementing company VR Maintenance Ltd) has won the bidding process for the lifetime extension and overhaul of Helsinki City Transport’s (HKL) me... Read more
- VR invests in operational reliability and growth of freight traffic VR Group has decided to buy 60 new diesel locomotives from Stadler. The value of the transaction is approximately EUR 200 million. The new locomotives will be m... Read more
- VR Group seeks new growth by establishing a subsidiary in Russia VR Group is seeking growth from new business by investing in Russian raw wood wagons and establishing a subsidiary in Russia. The wagons will be used for the wo... Read more
- VR Group’s result for 2018 was excellent – rail traffic volumes increased January–December 2018 in brief The Group’s net sales increased by 2.0 per cent to EUR 1,276.6 (1,251.5) million. VR Transpoint’s net sales grew and, in passen... Read more
- VR Group to incorporate maintenance business VR Group will transfer its maintenance business to a subsidiary operating within the Group. Operating under the name VR Maintenance Oy, the company began its op... Read more
- NRC Group and VR Track join forces Norway’s NRC Group and Finnish VR Track are joining forces to form the largest specialised rail infrastructure company in the Nordics, with strong capabilities ... Read more
- The Rail Regulatory Body has made a decision concerning VR’s service pricing related to the logistics and shunting work in frontier traffic On 24 September 2018, the Rail Regulatory Body made a decision concerning VR’s service pricing related to the logistics and shunting work in frontier traffic. ... Read more
- VR Group’s profitability at a good level In the January to March period, net sales were EUR 290.9 (293.6) million, which represents a decrease of 0.9 per cent. The Group's operating profit for the per... Read more
- VR Group’s financial results reach an all-time high Net sales increased by 5.5 per cent to EUR 1,251 (1,187) million. Operating profit was EUR 110.3 (43.3) million, or 8.8 (3.3) per cent of net sales. The numbe... Read more
- Tatu Tuominen appointed VR Group’s Senior Vice President, Communications Tatu Tuominen, 48, M.Pol.Sc, has been appointed VR Group’s Senior Vice President, Communications. He will take up his new position on 15 January 2018. Since 201... Read more
- VR Group’s profitability increased significantly Net sales increased in January−September by 5.8 per cent to EUR 923.5 (872.6) million. The Group's operating profit for the period was EUR 82.5 (25.5) million,... Read more
- New electric locomotives serving freight traffic VR Group’s Sr3 electric locomotives make it possible to apply new, efficient operating models in freight traffic. The new workhorse with its versatile features ... Read more
- VR to acquire new rolling stock for domestic long-distance traffic Strong growth continues in domestic rail travel. VR will buy new rolling stock for long-distance traffic from Transtech with the aim of responding to the increa... Read more
- VR aims for strong position in competitively tendered passenger services On 9 August, the Ministry of Transport and Communications announced its plans for opening up passenger services to competitive tendering on an accelerated timet... Read more
