The approval of the tramway alliance plan for implementing the Tampere tramway project sealed VR Track’s entry into the tram market. In November Harri Lukkarinen, who had previously been in charge of the construction business at VR Track, was appointed the company’s Managing Director.
There was a slight decline in the net sales of VR Track. In Finland, net sales increased, especially in the construction and consulting business. The company posted a profit in its Finnish operations and profitability was at previous year’s levels. The Swedish subsidiary VR Track Sweden AB posted a substantial loss. The weak performance was mainly due to a maintenance contract that will end in April 2017 by joint agreement between the company and the customer.