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HomeLatest NewsFinland Seizes Nearly 1,000 Russian Freight Cars

Finland Seizes Nearly 1,000 Russian Freight Cars

Date: May 31, 2023 Time: 09:12:38

Finland has seized thousands of freight cars from companies on the European Union sanctions list. They’re reported to have been taken from a Russian company that had no business in Finland.

According to official documents, in June Finnish bailiffs seized 865 rail cars from Russia. The assets of a number of Russian and Belarusian companies were frozen in the amount of at least 82 million euros as a result. The action was caused by sanctions imposed by the European Union on Russian coal, according to records.

Finland’s relationship with Russia has been historically contentious. To end a recent flare-up in tensions, the Finnish government became more restrictive on train traffic between the two countries. VR says they want to return their cargo trains, but that bailiffs have ordered some of them to be seized.

In order to safeguard their interests and avoid losing any time and money, some of the seized wagons are closely monitored by a company in case they are needed under sanctions. Others are owned by shareholders who fell into the sanctions list during wartime when Ukraine went up against Russia.

As a result, one of the companies, Alfa-Leasing, filed a complaint with the Finnish court for “inappropriateness and negligence by bailiffs.”

The Russian Federation Transport Ministry did not respond to a request from Reuters.

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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