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,

Helsinki is both of these and to the unassuming traveller who jumps off one of the large cruise ships docked on the harbour of the Finnish capital, it can be just another European city with beautiful views of the Baltic sea offering nice walks on cobblestone-lined streets.

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.