Finnish VR Group writes off Allegro rolling stock for €45.4 million
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Finnish state-owned railway company VR Group has written off all Allegro eastbound rolling stock and spare parts worth €45.4 million, according to the company’s first half financial statements, published on its website. site. Passenger trains ran between St. Petersburg and Helsinki.
“The movement of Allegro passenger trains between Helsinki and St. Petersburg was suspended on March 28, 2022. Over the past six months, the group has written off all Allegro-related rolling stock and spare parts for a total of €45.4 million.
VR Group has decided to stop freight transportation on this route by the end of 2022. Allegro passenger services were suspended in March. VR Group has begun negotiations during which the companies will give up their associated companies and subsidiaries associated with cargo transportation in the eastern direction, the document says.
VR Group and Russian Railways jointly operated Allegro trains between Helsinki and St. Petersburg. This message was suspended at the end of the first quarter due to a military operation, reminds the Finnish company.
Read more in the publication “Kommersant” “Finland closes the way to Russia”.
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