Finland’s government freezes Rossotrudnichestvo’s building

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Date

21 Apr 2023


The debt recovery agency in Finland has imposed an arrest on the land plot and real estate run by the Russian Center of Science and Culture (Rossotrudnichestvo) in Helsinki due to the EU sanctions imposed on Russia.

 

According to the Helsingin Sanomat newspaper, the land plot in question is owned by the Russian government. The value of frozen assets is usually estimated by the debt recovery agency. However, according to Helsingin Sanomat, the property value of Rossotrudnichestvo’s assets is "unknown".

 

In addition, the debt recovery agency seized seven apartments in Helsinki, linked to the said sanctioned entity.

 

Earlier in March, the administration froze Rossotrudnichestvo’s funds in its Nordea Bank account.

 

Source: Yle.