The Finnish state company VR Group will completely stop the transportation of goods to Russia by the end of the year, TASS reported on Monday.
"Freight traffic to the east will completely stop by the end of this year at the latest," Elisa Markula, CEO of the company, said as quoted by the Kauppalehti newspaper.
The firm had cut 65% of freight traffic to Russia by the end of September.
During the spring, Finland unveiled its intention to completely stop rail freight shipments to the Russian Federation.
On March 28, VR Group halted the traffic of Allegro passenger trains between Helsinki and St. Petersburg for an indefinite period.