VR Group restructures in the face of market changes

VR Cargo paper wagons (Photo: Leif Rosnel/VR).

FINLAND: National railway operating company VR Group announced a major corporate restructuring on August 20, as a response to the economic recession and 'sudden and partially permanent changes' in the markets it serves, particularly in the forest products sector. Freight traffic in the first six months of 2009 was 30% ...

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