Changes in corporate structure and property reorganization
Rail traffic control services were transferred to Finrail Oy, which was established on 1 January 2013. Finrail Oy is a wholly-owned subsidiary of the Group. About 450 people from traffic control transferred to the new company in connection with the divestment.
Speedyex Oy merged with VR-Group Ltd on 31 January 2013. Speedyex was acquired by VR Group in 2010 and specialises in recycling, construction and trade logistics services. Rautatieasunnot Oy and Oy Logis Ab also merged with VR-Group on 1 February 2013.
VR-Track's Latvian subsidiary SIA VR-Track was closed down on 3 December 2013.
VR Group Ltd and TDC Oy Finland, which provides telecommunications services for corporations, sold the entire share capital of Corenet Ltd to Governia Ltd on 4 November 2013. VR Group's holding in the company was 60 per cent and TDC's 40 per cent. Corenet's turnover was approximately M€ 37 million and the company employs about 170 people.
In 2013, the profit on the sale of real estate amounted to M€ 11.2 million, with the total income from the sales coming to M€ 16.6.
In February, two plots of land on Teollisuuskatu in Helsinki were sold to YIT Rakennus Oy at a price of M€ 8.2. In March, a plot of land and building were sold to NCC Property Development Oy in Pasila for M€ 2.7. In September, some areas of land and a building in Tikkurila were sold to YIT Rakkennus Oy for M€ 6.4.
In Kouvola an area of land was purchased from VR Pension Fund for M€ 4.0.