Tag Archives: Finland

Russian sanctions: Finland seizes billionaire ‘Maltese’ citizen’s assets

Russian sanctions: Finland seizes billionaire ‘Maltese’ citizen’s assets

The Finnish authorities, acting on EU sanctions levied against Russian oligarchs and friends of the Kremlin in June, have seized the assets in Finland of Russian billionaire and Maltese-citizen-since-2016 Arkady Volozh. The Finns were acting on EU sanctions against Yandex founder Arkady Volozh, who acquired Maltese citizenship in 2016 through the highly contentious Individual Investor Programme, known as the cash-for-passport scheme. The Maltese-Russian… Source link

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Russian sanctions: Finland seizes billionaire ‘Maltese’ citizen’s assets

Russian sanctions: Finland seizes billionaire ‘Maltese’ citizen’s assets

The Finnish authorities, acting on EU sanctions levied against Russian oligarchs and friends of the Kremlin in June, have seized the assets in Finland of Russian billionaire and Maltese-citizen-since-2016 Arkady Volozh. The Finns were acting on EU sanctions against Yandex founder Arkady Volozh, who acquired Maltese citizenship in 2016 through the highly contentious Individual Investor Programme, known as the cash-for-passport scheme. The Maltese-Russian… Source link

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Finland arrests assets of Yandex, Russian billionaires Rotenbergs

Finland arrests assets of Yandex, Russian billionaires Rotenbergs

Billionaires Rotenbergs co-founder of Yandex Arkady Volozh are under sanctions of the European Union The shares of the Rotenbergs’ Långvik Capital and its shares in two other companies, as well the accounts of the Finnish division of Yandex, have all been seized. As a result of the arrest of Långvik Capital, Finnish authorities gained control over the shares of the Helsinki Halli ice arena and the Långvik company, which manages a hotel complex. In addition to the Rotenbergs, Russian… Source link

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HS: Finland freezes more oligarch-related assets | News

HS: Finland freezes more oligarch-related assets | News

According to Helsingin Sanomat, the National Enforcement Agency seized the shares and proceeds of Yandex Finland, while also freezing the shares of Långvik Capital and its holdings in two other companies. The data centre of the Russian-owned Yandex is located in Mäntsälä. Image: Ronnie Holmberg / Yle More assets linked to Russian oligarchs have been seized by the National Enforcement Authority, Helsingin Sanomat reported (siirryt toiseen palveluun) on Thursday. According to the paper,… Source link

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Yandex data center in Finland loses power, runs on diesel, due to war sanctions – DatacenterDynamics

Yandex’s data center in Finland has been cut off the electricity grid as a response to Russia’s invasion of Ukraine. It is currently running on diesel, according to reports. The Russian search giant’s 40MW facility in Mäntsälä, Finland, was cut off by the local energy company Nivos Energia Oy, according to Russian news service RBC. The reasons for the disconnection are not clear, as Yandex is not currently on sanctions lists, but its news and blogging services, as well as a senior… Source link

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Yandex Data Center in Finland Is Left Without Power | Data Center Knowledge

Yandex Data Center in Finland Is Left Without Power | Data Center Knowledge

A large data center in Finland operated by Russian Internet giant Yandex has had its power supply turned off, reports Russian news agency TASS. The data center in Mäntsälä, designed to support at least 10MW of IT equipment, has been forced to operate on generator power since 25 April – something that is normally reserved for emergencies and is unlikely to be sustainable in the long run. Related: SAP Is Shutting Down Russian Data Centers,… Source link

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Yandex Data Center in Finland Is Left Without Power | Data Center Knowledge

Yandex Data Center in Finland Is Left Without Power | Data Center Knowledge

A large data center in Finland operated by Russian Internet giant Yandex has had its power supply turned off, reports Russian news agency TASS. The data center in Mäntsälä, designed to support at least 10MW of IT equipment, has been forced to operate on generator power since 25 April – something that is normally reserved for emergencies and is unlikely to be sustainable in the long run. Related: SAP Is Shutting Down Russian Data Centers,… Source link

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