The Finnish Foreign Ministry announced the freezing of Russian assets for almost 200 million euros

The Finnish Foreign Ministry announced the freezing of Russian assets for almost 200 million euros

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Finland, as part of the sanctions against Russia imposed due to hostilities in Ukraine, froze Russian assets in the amount of 187 million euros, RBC reports citing Finnish media.

As a representative of the country’s Foreign Ministry told reporters, the assets include “real estate, stocks, cars, yachts, aircraft – a variety of valuable property.”

In autumn, the media reported that the seizure of Russian assets in Finland affected several dozen organizations. The list of confiscated property included intangible assets, real estate, industrial raw materials and vehicles. Also in Finland, local assets of Yandex were arrested as part of EU sanctions against co-founder of the company Arkady Volozh, the territory of the Långvik resort owned by Roman Rotenberg, and a stake in Helsinki Halli, 22.5% owned by Gennady Timchenko.

In October, the Finnish Ministry of Defense admitted that the authorities, if necessary, could expropriate property acquired by the Russians if it was located on territory important to the country’s security.

Source: Rosbalt

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