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Altogether 248 bankruptcies were instigated in April 2023

release 17/05/2023 | Bankruptcies and business restructuring proceedings 2023, April

According to Statistics Finland, 248 bankruptcy proceedings were instigated in April 2023, which is 76 more than in the corresponding period one year earlier. The number of staff-years in enterprises that filed for bankruptcy totalled 821, which is 126 staff-years more than in April 2022.

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The 12-month moving annual change in instigated bankruptcy proceedings was 22 per cent in April 2023.
In April 2023, the number of instigated bankruptcy proceedings was lowest in the industry of agriculture, forestry and fishery. Only seven bankruptcy proceedings were instigated in the industry.
In April 2023, most bankruptcy proceedings were instigated in the industries of construction and other service activities. In the industry of other service activities, 66 bankruptcy proceedings were instigated, and in construction 63 bankruptcies.