Finnish rail operator VR significantly improved profitability in 2025, with comparable EBIT rising by more than 53% year-on-year, supported by strong long-distance demand and a recovery in rail logistics. Revenue remained broadly stable on a comparable basis despite contract expiries.
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- Marco Raimondi
- March 14, 2024
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Lithuanian state-owned rail freight operator, LTG Cargo, recently started transporting petroleum products between Bugeniai, in Luthiania, and Valga, in Estonia. The initiative is another reflection of how operators in the Baltic are looking to diversify their operations due to loss of cargo to and from Russia and Belarus. The launch of operations was preceded by […]