Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit Completed
Transpoint Oy Ab is a Finnish freight logistics company. It is owned by VR Group and is part of VR's Pohjolan Liikenne road services division. Transpoint trucks can be seen throughout Finland; trailer units are often carried around Finland by train.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit Completed"AVIND RUS" LLC (after the sale to Avind International was renamed in Russia from "VR TRANSPOINT" LLC, tax id 4704089073), belongs for 100% to Trint Oy (which was also renamed from Transpoint International (FI) Oy).
Local company - "VR TRANSPOINT" LLC, tax id 4704089073 was renamed at the end of 2022 after the sale to Avind International in 2021. Offiicially VR Transpoint promised to suspend the traffic of freight wagons from Russia as of 12 noon on Sunday 27 March 2022 but then on March 30, according to the clarification received from the UK authorities, the sanctions "were in question did not apply to VR Group's contracts. VR Transpoint's eastern freight service will restart on Wednesday, March 30". On 6 April, the Board of Directors of VR Group made a decision to stop freight traffic between Russia and Finland and, on this basis, the company has prepared a plan to shut down traffic, in consultation with customers and taking into account the security of supply. The termination of contracts under the plan has been initiated and the traffic will cease completely by the end of the year at the latest.