VR-Group Ltd · Helsinki Finland
Company Description
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This link will open in a new window If you need to get around in Finland then you've probably hitched a ride from the VR-Group. Through subsidiary VR Ltd (the group's largest operation accounting for about 55% of annual sales) it provides passenger and freight rail services throughout Finland. The company primarily operates a commuter line in Helsinki, but it also offers long-distance passenger services, as well as freight shipping for Finnish industrial firms. VR's Pohjolan Liikenne subsidiary offers trucking services and its VR-Track unit makes money through track design, construction, and maintenance. VR-Group, which operates nearly 30 companies total, was incorporated in 1995 and is owned entirely by the Finnish government. To read the full description, subscribe now.
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Key VR-Group Ltd Financials
| Company Type | Government-owned Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $1,334.1 |
| Employees | 12,540 |
VR-Group Ltd Executives
6 executives listed for VR-Group Ltd's Helsinki, location.
| Title | Name & Bio | Contact |
| President and CEO | Mikael Aro | Network |
| CFO | Veikko Vaikkinen | Network |
| President, VR-Track Ltd | Teuvo Sivunen | Network |
Competition
Competitive Landscape for VR-Group Ltd
Home sales, residential rental turnover, and corporate relocations drive demand for moving and storage services. The profitability of individual companies depends on good marketing, as services are largely the same. Large companies have economies of scale in marketing and in being able to consolidate loads on long hauls. Small companies can compete with large ones by specializing in local markets and by offering competitive prices and better service for local moves. The industry is labor-intensive: average annual revenue per employee is about $125,000. To read the full description, subscribe now.Top VR-Group Ltd Competitors
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