Finnish Enforcement Authority seizes approximately 40 properties owned by Russian state

Yle has obtained a list from the Finnish Enforcement Authority detailing properties owned by the Russian state that have been seized in Finland. Approximately 40 properties are included on this list. Among these are:

– A property on Häggesbölevägen in Kirkkonummi, valued at €2 million
– Three properties in Saltvik, Åland, valued at €65,000
– A property on Marsuddenintie in Siuntio, valued at €1.5 million
– A property on Lastenlinnantie in Helsinki, valued at €1.5 million
– A property on Nordenskiöldinkatu in Töölö, Helsinki, valued at €7 million
– A property on Vattuniemenkatu in Helsinki, valued at €10 million
– A shareholder apartment on Merikatu in Helsinki, valued at €376,000
– Two shareholder apartments on Punavuorenkatu in Helsinki, valued at €564,000 and €450,000
– A variety of other properties and shareholder apartments with values ranging from €250,000 to over €3 million.

The actions taken by the Enforcement Authority are rooted in an April 2023 decision by the International Arbitration Court in The Hague. The court ordered Russia to pay over €5 billion in damages to the Ukrainian energy company Naftogaz for the destruction caused by the annexation of Crimea. Russia unlawfully seized the Crimean Peninsula from Ukraine in 2014 and launched a full-scale invasion of Ukraine in February 2022.