Sunday September 08, 2024

More bankruptcies filed in June in Finland

Published : 13 Jul 2024, 02:42

  DF Report
Pixabay File Photo.

A total of 252 bankruptcy proceedings were instigated in June 2024, which is 13 more than in the corresponding period one year earlier, according to Statistics Finland.

The number of staff-years in enterprises that filed for bankruptcy totalled 1,015, which is 70 staff-years fewer than in June 2023.

In June, the 12-month moving annual change in enterprises that filed for bankruptcy was 17 per cent.

About one-half of bankruptcy petitions were filed in service industries and one-fifth in trade in June.