Tag Finland

Finland Seized Over $80 Million in Russian Property 

Due to the EU sanctions, Finland has arrested a large amount of Russian property, including real estate such as seaside villas, industrial raw materials, more than a dozen yachts, and over 1,000 freight train cars.   It is specified that Finnish authorities currently hold frozen assets worth more than 80 million euros due to punitive sanctions

Finland and Sweden Help NATO Move Closer to Russia

Finnish Prime Minister, Sanna Marin, said on Thursday, May 19, that Helsinki is opposed to NATO deploying nuclear weapons or establishing bases inside Finland if it joins the military alliance. Swedish Prime Minister, Magdalena Andersson, has also said Sweden doesn’t plan on hosting NATO nuclear weapons or bases.  Finland and Sweden formally applied to join

Russia to Stop Gas Supplies to Finland Tomorrow Morning

Gas supplies from Russia to Finland will stop at 7 am this Saturday, as reported by the ‘Gasum’ Finnish company.   “In the afternoon on Friday, May 20, Gazprom Export informed Gasum that natural gas supplies to Finland under the agreement will be terminated on Saturday, May 21, 2022, at 07.00,” the message reads. Gasum Oy

Russia Takes Finland’s NATO Membership as Threat, Requiring Reaction – Foreign Ministry Says

Today, on May 12, Finland expressed an open intention to apply for NATO membership, which was stated in a joint statement by the country’s president, Sauli Niinisto, and Prime Minister Sanna Marin. Russia gave an immediate reaction, confirming its initial concern about the issue.  “During this spring, an important discussion on Finland’s possible NATO membership

Finnish Coffee Producer Sold Business in Russia

The ‘Paulig’ Finnish coffee producer with headquarters in Helsinki sold the business in Russia. The buyer of the shares in LLC “Paulig Rus” was a private investor, Vikas Soi. The Russian business of Paulig will be transferred to a new owner. Trademarks and recipe are not included in the transaction.   The Paulig brand will leave

Finland to Limit Electricity Import From Russia This Sunday

From Sunday, April 24, the Finnish electric grid company Fingrid will limit the capacity in cross-border connections with Russia, as a result of which the imported capacity will decrease from 1300 MW to 900 MW. The export capacity from Finland to Russia will remain at 320 MW.  “The decision is based on an assessment of