The above ground 15,500-seat facility, where Jokerit plays home games, was never quite as attention-grabbing as what’s beneath the surface until very recently. That’s when Russia invaded Ukraine in February 2022, which created problems for the arena’s owners.
Russian oligarchs Roman Rotenberg and Gennady Timchenko had owned the arena since summer 2013.
Timchenko, who amassed a fortune through oil trading, has been named by the US as a member of President Vladimir Putin’s inner circle. He has frequently been photographed playing hockey alongside Putin and other members of the Russian elite, including the Rotenberg family.
Rotenberg is vice president of the Russian Ice Hockey Federation, general manager of the Russian national team and a prominent "second-generation" member of the Rotenberg family — one of the wealthiest and most politically connected dynasties in Russia.
The invasion of Ukraine inflamed Finnish-Russian tensions all over again. The arena’s last events were a January 2022 hockey game and a televised Finnish sports gala before it closed due to the European Union and U.S. imposing sanctions over Russia’s invasion.
It had been boycotted by the entertainment industry, while banks and insurance companies refused to provide essential services. The Hartwall beverage company, which owned the naming rights, severed ties not wanting to be associated with the Russian owners.
In September 2024, the arena’s electricity, heating and water were cut off because of unpaid bills as the owners struggled to operate the business while under sanctions.
In November 2024, the city said it would start a forced takeover of the venue, which had reportedly been left with bad smell because of non use. A Finnish real estate and asset management company, Trevian, finalized a deal to buy the arena from the Russians in February 2025.
It reopened 13 months ago.
Jokerit had played there from its 1997 opening through to the 2022 closure, having moved to the Russian based Kontinental Hockey League in 2014. After the Russian invasion, the team left the KHL in 2023 and played in the Finnish second tier pro Mestis using smaller Helsinki Ice Hall for home games until the reopening of their prior venue.
By then, their re-entry to Finnish pro hockey complete, they were allowed back into top-tier Liiga where they now play.
And now, for the first time since 2018, Helsinki is back hosting the NHL Global Series. And hosting NHL players for practices in a subterranean cave.
“I mean, you could tell the guys were all jumpy, getting out there for the first time,” Kraken defenseman Brandon Montour said of the setup. “It’s pretty cool. A pretty cool arena there. And then obviously seeing the Jokerit locker room and getting to meet those guys quick, it was a cool atmosphere that you only get to experience a few times here.”