About past, present and future of Ukraine

Search mobile

Main Diplomacy In Finland, dozens of Russian state-owned properties have been seized

Diplomacy

In Finland, dozens of Russian state-owned properties have been seized

6860
In Finland, dozens of Russian state-owned properties have been seized

Share this article

Finland has seized over 40 properties and assets belonging to the Russian state, valued at more than 35 million euros, according to a list released by Finland’s enforcement authority, reported by Yle.

Among the seized assets are apartments and significant properties, such as the Russian Center for Science and Culture in Helsinki, which can no longer be sold or transferred.

Key properties include buildings on Nordenskiöldinkatu and Vattuniemenkatu in Helsinki, valued at 7 million and 10 million euros, respectively. The list also includes apartments on Merikatu, Fredrikinkatu, Punavuorenkatu, and other streets in Helsinki, as well as properties in other cities like Turku and Kirkkonummi.

Mika Akkonen, head of Turku’s international department, mentioned that Turku authorities were unaware of the intended use for some of the seized apartments. Certain properties, such as an apartment on Sairashuoneenkatu in Turku, were previously used as housing for the Russian consulate staff.

These measures are connected to an April 2023 ruling by the Hague-based international arbitration court, which ordered Russia to pay the Ukrainian company Naftogaz over 5 billion euros in compensation for losses resulting from the 2014 annexation of Crimea by Russia.

 

Helsinki

 

The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...