The city of Helsinki is initiating a compulsory purchase of the largest sports arena in the Finnish capital from its Russian owners, who have been sanctioned. Source: Reuters Details: In 2023, Helsinki announced that Russian-Finnish businessmen Gennady Timchenko and Roman Rotenberg,

The city of Helsinki has moved to forcibly acquire its largest sports arena from sanctioned Russian owners, reports Reuters. In 2023, Helsinki notified Russian-Finnish businessmen Gennadi Timchenko and Roman Rotenberg—who own the arena through their company—that the property would be expropriated if not sold voluntarily.