Finnish investors to buy Helsinki Arena from sanctioned Russians
HELSINKI (Reuters) -A group of Finnish investors have agreed to buy Finland's flagship sports and events venue from its sanctions-hit Russian owners after the city of Helsinki threatened a forced takeover. The Helsinki Arena, a major concert venue and ...
Finnish capital to forcibly seize city's largest arena from Russian owners – Reuters
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,
Finland's Capital to Take Over Helsinki Arena From Russian Owners
The Helsinki Arena, a major concert venue and ice hockey arena, has been shut since 2022 following sanctions imposed on Russian investors after Moscow's full-scale invasion of Ukraine that year. Helsinki had said last year Russian-Finnish businessmen Gennady Timchenko and Roman Rotenberg,
Finland to Reclaim Major Arena from Sanctioned Russian Investors
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.
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