VR Group Annual Report 1998
Annual Report 1998 The VR Group provides safe, high-standard, environmentally friendly services for freight customers and passengers. VR Group’s Highlights 1998 1997 Net turnover FIM million 6,753 6,181 Net profit for the period FIM million 386 419 Balance sheet total FIM million 8,687 8,462 Average personnel 16,487 16,690 Freight performance 1,000 tonnes 48,124 45,338 Passenger performance 1,000 journeys 59,842 58,910 • VR published its new rail safety programme, which aims to raise rail safety in Finland to the highest EU levels • New transport records were reached in both freight and personnel traffic • The double-decker InterCity coaches were brought into service and a further 50 new coaches were ordered at the year end • VR Cargo’s Western Finland region and head office received ISO 14001 environmental certification • The volume of line superstructure projects exceeded the previous year’s record level by one quarter • VR-Group Ltd and Telia Finland Oy founded Railtelia Ltd to provide telecom services for the transport and logistics sector The VR Group 2 Personnel 18 Chief Executive’s Review 4 Safety 20 Passenger Services 6 The Environment 22 Freight Services 10 VR-Group Ltd Financial Statements 25 Line Construction and Auditors’ Report 43 Maintenance 14 Statement by the Supervisory Board 44 Telecom Services 16 VR-Group Ltd Administration and Data Processing Services 17 Management 45 Building and Contact Information 46 Renting Activities 17 1 The VR Group Railtelia Ltd Telecom services VR-Track Ltd Line construction and maintenance VR-Data Ltd VR-Group Ltd Data processing Administration services VR Ltd Freight and passenger Avarra Oy services Building and renting activities Avecra Oy Oy Pohjolan Transpoint Oy Ab Restaurant and Liikenne Ab Combitrans Oy kiosk services Road traffic Oy Transuotila Ab Freight services Oy Etelä-Pohjolan Liikenne Ab Oy Kaakkois-Pohjolan Liikenne Ab Oy Pohjolan Kaupunkiliikenne Ab Passenger traffic 2 VR-Group Ltd VR-Track Ltd is the parent company.
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