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 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 line 2,200 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