"The recession affected our customers very hard in, for example, the steel and motor industry, which inevitably had a significant effect on our transport volumes" says acting CEO Mr Lennart Pihl. "Several action programmes were carried out during the year with great understanding and a great ability to act throughout the company. We are happy that we were able to deliver a profit for the second half of the year."

Despite the streamlining, the company maintained a high level of punctuality to its customers with 95% of freight train deliveries on schedule. Results for traffic safety were also the best since Green Cargo was established in 2001, while the company's gross investments for 2009 totalled Euros 89.5 million, with the funds mostly spent on new and modernised locomotives and wagons, as well as storage facilities.