3475 companies file for bankruptcy in Finland last year

A total of 3,475 enterprises and nine decedent’s estates in Finland filed for bankruptcy in 2024, according to Statistics Finland.

The number of staff-years in enterprises that filed for bankruptcy amounted to 13,773 in last year.

A total of 268 bankruptcy proceedings were instigated in December 2024, which is 24 more than in the corresponding period one year earlier.

The number of staff-years in enterprises that filed for bankruptcy totalled 1,022, which is 549 staff-years fewer than in December 2023.

In December 2024, the 12-month moving annual change in enterprises that filed for bankruptcy was 5 per cent.