Reducing Activities: company scaling back some business operations while continuing others
Wait Scaling Back
VR-Group Plc, commonly known as VR, is a government-owned railway company in Finland. VR's most important function is the operation of Finland's passenger rail services with 250 long-distance and 800 commuter rail services every day.
Reducing Activities: company scaling back some business operations while continuing others
Wait Scaling BackThe Finnish state railway company VR Group has written off all Allegro trains running between St. Petersburg and Helsinki. The company wrote off all rolling stock and spare parts for Allegro for a total of 45.4 million euros. VR Group has also started negotiations on the sale of subsidiaries related to freight transportation in the eastern direction.
On 6th of April, 2022, VR Group’s Board of Directors made the decision to discontinue the Eastern freight traffic in a controlled manner, With this decision, VR Transpoint, which is responsible for the freight traffic, will draw up a traffic rundown plan,
| April 06, 2022 | VR discontinues its Eastern freight traffic in a controlled manner |
| March 30, 2022 | The Finnish railway company will resume freight transportation from the Russian Federation |