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VR in brief

VR in brief. Annual net turnover EUR 1,139.9 million Personnel 14,400 Total freight carryings 49 million tonnes Passenger journeys 73 million Track construction and maintenance EUR 231.8 million. The incorporation of VR. 1st of July, 1995

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VR in brief

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  1. VR in brief • Annual net turnover EUR 1,139.9 million • Personnel 14,400 • Total freight carryings 49 million tonnes • Passenger journeys 73 million • Track construction and maintenance EUR 231.8 million

  2. The incorporation of VR • 1st of July, 1995 • Fundamental question: the separation of infrastructure management and operative business dealings • Lessons learned: the model works!

  3. Business environment

  4. VR Group

  5. Personnel vs. transport volumes

  6. Market shares in passenger services

  7. Market shares in public transport

  8. Market shares in freight services

  9. The Finnish rail network • Length of rail network 5,850 kilometres • For passenger and freight transport 3,976 kilometres • For freight transport 1,873 kilometres • Electrified line 2,400 kilometres • Remote-controlled line2,200 kilometres • Rail transport operations in 371 locations

  10. VR’s development goals • In passenger service • Reduce long-distance journey times • Broaden commuter services in greater Helsinki • Purchase rapid electric train units and new commuter trains • In freight service • Strengthen role as main freight carrier for Finnish industry • Strengthen role as carrier to the East • Develop total logistical solutions

  11. VR Passenger Services • Safe, environmentally responsible public transport carrier • Approx. 60 % of Finland’s public transport (journeys more than 75 km long) • 260 long-distance and 850 commuter train services daily

  12. VALI 2012 – National Passenger Transport System

  13. VR Cargo’s international transportation • Approx. 42,6 % of total freight carried • Only EU country to share same track width as Russia and CIS countries • Long experience of working with Russian railways and authorities

  14. Volumes of freight(million tonnes)

  15. Consolidated Profit and Loss Account

  16. EU Railway Rules (I) • Former railways separated into infrastructure management and transport business • Allows marginal pricing on networks • Therefore • optimised network output (higher volumes) • but subject to budget money and political network decisions • Opening up the network for competition • now freight, but passenger services?

  17. EU Railway Rules (II) • Finland has • a different track gauge and • an isolated geographical position to other EU countries • well-operated railway link to the CIS Network • In the EU policy the benefits of technical harmonisation are limited and the Finnish rail transport market is an enclave

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