FINLAND’s VR Group turned an operating loss of €2.6m in the first half of 2015 into a profit of €1.2m for the first half of 2016 thanks to an increase in passenger and freight rail traffic.
LÄNSIMETRO, the public company managing construction of Helsinki's West Metro announced on July 1 that the opening of the 14km extension from Ruoholahti to Matinkylä in Espoo, originally scheduled for next month, will be pushed back.
VR Transpoint has launched a collaboration with Innofreight, Austria, to develop a new type of freight wagon, named Finnowagon, for rail logistics in Finland, the aim being to create a more flexible service for rail logistics customers.
THE Finnish Transport Agency (Liikennevirasto) has awarded a contract to Frequentis to implement what is claimed to the first bearer-independent railway communication system in Europe.
MERMEC, Italy, announced at the WCRR congress in Milan that it has been awarded a €100m 10-year contract by the Finnish Transport Agency (Liikennevirasto) for the inspection and monitoring of Finland's 5960km 1524mm-gauge railway network.
FINNISH national train operator VR Group says passenger numbers on long-distance services have risen substantially since it cut fares by 25% earlier this year.
THE Finnish government has allocated €84m towards the implementation of the Raide-Jokeri light rail line between Helsinki and the neighbouring city of Espoo as part of its 2017-2020 fiscal plan, which was announced on April 5.
THE Finnish government has agreed to fund 70% of a €250m project to build a 23km light rail line in Tampere, leaving the city to fund the remaining 30%.
FINNISH national train operator VR Group suffered a 9.9% decline revenues last year as competition from other modes took its toll on earnings, according to the company's 2015 financial results which were published on March 10.
THE first of 80 Sr3 Vectron electric locomotives for Finnish national train operator VR Group was delivered to the VUZ test track at Velim in the Czech Republic on February 20 for dynamic testing.
