Bankruptcies and business restructuring proceedings 2023, 1st quarter

118 enterprise restructuring proceedings were filed in the first quarter of 2023

release

According to Statistics Finland's data, 118 enterprise restructuring proceedings were filed in the first quarter of 2023, which is 49 enterprises restructuring cases (71 %) more than in the corresponding period one year earlier. The number of staff-years in enterprises for which a petition for restructuring had been filed was 1,159, which is 724 staff-years (166.4 %) more than in the year before.

Key selections

  • In the third quarter of 2023, altogether 118 enterprise restructuring proceedings were filed, which is 71 per cent more than one year earlier.
  • The number of staff-years in enterprises for which a petition for restructuring had been filed was 1,159 in the first quarter of 2023.
  • In the first quarter of 2023, the number of enterprise restructuring proceedings was highest in the main industry of construction, where 32 enterprise restructuring proceedings were filed.
  • In the first quarter of 2023, the number of enterprise restructuring proceedings was lowest in the industry of agriculture, forestry and fishery, where only four enterprise restructuring proceedings were filed.

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Referencing instructions

Official Statistics of Finland (OSF): Bankruptcies and business restructuring proceedings [online publication].
Reference period: 2023, 1st quarter. ISSN=2954-0607. Helsinki: Statistics Finland [Referenced: 13.9.2026].
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Mira Kuussaari
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