Private company

VR Group

Logo: VR Matkalla, Public domain, via Wikimedia Commons4

State-owned railway company in Finland

VR-Group Plc (Finnish: VR-Yhtymä Oyj, Swedish: VR-Group Abp), 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. With 7,500 employees and net sales of €1,251 million in 2017, VR is one of the most significant operators in the Finnish public transport market area.2 It is headquartered in Iso Paja.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

Mar 1, 1995Founded1
  • Industryrail transport1
  • HeadquartersIso Paja1
  • Founded inHelsinki1
  • Websitewww.vrgroup.fi
  • Legal formosakeyhtiö, julkinen osakeyhtiö1
  • LEI743700XQ240JMMYBNW693
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressPL 488, FI-00096 Vr, Finland3
  • Registered withFinnish Patent and Registration Office, 1003521-53
Edo coach in Jyväskylä
Photo: Antti Leppänen, CC BY-SA 3.0, via Wikimedia Commons7

VR-Group Plc (Finnish: VR-Yhtymä Oyj, Swedish: VR-Group Abp), 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. With 7,500 employees and net sales of €1,251 million in 2017, VR is one of the most significant operators in the Finnish public transport market area.2

Corporate structure

VR Group sits at the top of its group. 11 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What VR Group reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Rail transport started in Finland in 1862 between Helsinki and Hämeenlinna. Multiple main lines and smaller private railways were built in the following decades. VR mainly operated on the high-demand main lines. During the twentieth century, most private railway companies were shut down and VR assumed a monopoly in rail transport. In 1995 the company went through a process of corporatization to become the VR Group.

Since 2010, the maintenance and the construction of the railway network have been the responsibility of the Finnish Transport Infrastructure Agency (Finnish: Väylävirasto). The operation and network were originally carried out by the parent company Valtionrautatiet until 1995, when it was split into VR and the rail administration entity Ratahallintokeskus.

Norwegian company NRC Group bought VR Track (now NRC Group Finland) in 2018 for €225 million. In 2023, VR sold its road freight transport division to German investment firm Mutares.

From Wikipedia’s article on VR Group, shared under CC BY-SA 4.0.5

Products and brands

  • rail transport

Listed on Wikidata.1

Services

Because in most parts of Finland the density of population is low, Finland is not optimally suited for railways. Commuter services are nowadays rare outside the Helsinki area, but express trains interconnect most cities. As in France, the majority of passenger services are connections to the capital, Helsinki. In the 2010s, VR has made connections faster by reducing stops at minor stations and increasing running speeds with new locomotives and renovated high-speed trains.

VR provides motorail services. Cars can be loaded onto and unloaded from trains at seven stations: Helsinki, Turku and Tampere in the south, Oulu further north, and Rovaniemi, Kemijärvi and Kolari in Lapland. Car transport trains stop at other stations along the way for normal passenger transport and is available as daily service to Rovaniemi and Kemijärvi and several times a week to Kolari. Finland is the only Nordic country to offer car transport on trains; however, car transport on trains is available in many European countries outside the Nordic countries. In August 2021 VR began operating the Tampere light rail.

Commuter rail

VR operates the commuter traffic in the Helsinki area on behalf of HSL and its own commuter rail services in southern Finland.

International services

The railway line from Tornio in Finland to Haparanda in Sweden over the Torne River Railway Bridge was electrified by 2025 with the intention to re-establish crossborder services. A subsidy for the service was added to the Finnish government budget as an amendment during 2026, and as of June 2026, the service start is planned for August 2026. VR previously operated trains to Haparanda in 1988, and the Swedish State Railways withdrew its service from Luleå, Sweden to Tornio, Finland in 1992.

Read the full text

Before the Russian invasion of Ukraine, VR operated jointly with Russian Railways a passenger rail service named Allegro between Helsinki and Saint Petersburg. However due to sanctions imposed on Russia as a result of the Russian invasion of Ukraine, all passenger rail traffic between Finland and Russia has been suspended in March 2022, and the rolling stock has since been parked. These trains were in late 2023 taken over by VR, and have re-entered service as Pendolino Plus trains in November 2025, travelling between Helsinki and Turku (service began on the 3rd of November 2025) and Helsinki and Oulu (service began on the 15th of December 2025). The trains are aimed specifically at business travelers and commuters, and they are meeting the growing demand. There are currently four Pendolino Plus trains and they have begun service in November, partially replacing some IC and Pendolino trains on some routes.

Freight

In 2025, VR had a market share of 87% of the rail freight in Finland.

VR terminated its international freight operations over the Russian border following the Russian invasion of Ukraine in 2022. Freight traffic to Sweden usually does not continue further than Tornio by rail due to differences in the track gauge between the two countries, although a possibility to exchange bogies exists. Train ferry connections from Turku to Stockholm, Sweden via VR's former subsidiary SeaRail were terminated at the end of 2011.

Subsidiaries

Avecra

Avecra is a VR subsidiary that operates the restaurant cars on long-distance routes. It was founded in 1977 as Liikenneravintolat Oy and got its current name in 1991. In 2017, VR Group bought Rail Gourmet Group's 40% stake in Avecra, becoming the sole owner of the company.

Avecra closed the eight restaurants it operated at Helsinki Central, Kerava, Tampere Central, and Tikkurila stations in 2024 and 2025, and continues to operate restaurant cars only.

Pohjolan Liikenne

Pohjolan Liikenne is a VR subsidiary that operates buses on tenders from local transit authorities. As of 2018, the company operated a fleet of 535 buses at 9 locations in Finland and employed about a thousand people.

VR FleetCare

In 2019, VR Group's maintenance division was moved to new subsidiary, VR FleetCare. VR FleetCare has since started manufacturing its own freight wagons, which have been sold to the Swedish Armed Forces, the Norwegian Defence Materiel Agency and Metsä Group. It has also developed transfer bogies to enable transporting 1,435 mm (4 ft 8+1⁄2 in) standard gauge rolling stock on the Finnish 1,524 mm (5 ft) railway network, which were used to transport SJ X40 multiple units to FleetCare's Oulu workshops for refurbishment.

In 2024, VR FleetCare sold its track maintenance vehicle rental and service business to Finnish company Teräspyörä.

VR Sverige

In July 2022, VR Group established operations in Sweden by acquiring Arriva Sverige AB from the German state-owned company Deutsche Bahn. As part of this acquisition, which was finalised on 1st July 2022, VR Group gained control over extensive local and regional public transportation operations, including bus, tram and train services in Stockholm, Östergötland, and Skåne, including Skånetrafiken's Pågatåg. This acquisition brought approximately 2,300 employees into the VR Group. The acquired operations include 740 buses, 180 trains, and 70 trams, facilitating around 58 million bus journeys and 54 million train journeys annually.

Following the acquisition, Arriva Sverige was rebranded as VR Sverige and operates under the VR Group brand. Since 2022, VR has grown in Sweden with contracts that include train services in regions like Bergslagen and Gävleborg. VR Sverige also secured a 10-year contract to operate bus services for SL in Tyresö, Stockholm, beginning in July 2025. This contract is valued at approximately €215 million and involves around 190 employees.

In addition to the purchase of Arriva Sweden, VR Group has also strengthened its presence in the Swedish rail market through the acquisition of MTRX, a high-speed train operator on the Stockholm-Gothenburg route. Acquired in 2024, MTRX was rebranded as VR Snabbtåg Sverige and became part of VR Group’s long-distance operations. The MTRX acquisition included six Stadler Flirt X74 EMUs, which operate over 120 weekly services on the route.

From Wikipedia’s article on VR Group, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Subsidiaries

Also owns

Subsidiaries (GLEIF)

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Acquisitions

  1. Aug 14, 2024Raideinfra became a subsidiary1
  2. Jul 1, 2022Acquired VR Sverige1
  3. Succeeded Finnish State Railways1

Employees over time

  • 20158,6151

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 20151.2B EUR1

Former names

  • VR- Group PlcApr 25, 2022 to May 10, 20221
  • VR-Group LtdMar 1, 1995 to Apr 24, 20221

Timeline

  1. May 10, 2022Renamed Name changed to VR-Group Plc1
  2. Apr 25, 2022Renamed Name changed to VR-Group Abp1
  3. Apr 25, 2022Renamed Name changed to VR- Group Plc1
  4. Apr 25, 2022Renamed Name changed to VR-Yhtymä Oyj1
  5. Mar 1, 1995Founded Founded in Helsinki1

Sources

The numbers on this page point here. Each one links to the record it came from.

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