Altogether 342 bankruptcies were instigated in February 2024

Release related to topics:Enterprises
release | Bankruptcies and business restructuring proceedings 2024, February

According to Statistics Finland, 342 bankruptcy proceedings were instigated in February 2024, which is 18 more than in February of the year before. In February, the number of staff-years in enterprises that filed for bankruptcy totalled 1,509, which is 71 staff-years more than in February 2023.

Key selections

  • During the past 12 months, the number of bankruptcies was 16 per cent higher than in the 12 months preceding this period.
  • In February 2024, most bankruptcy proceedings were instigated in the industries of other services, construction, and accommodation and food service activities.
  • In the industry of other service activities, 110 bankruptcy proceedings were instigated, in construction 80 and in accommodation and food service activities 45.

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Updated database tables
Classifications used:
    Reference period cycle:
    month
    Updating frequency:
    month
    Updated:
    Classifications used:
    • Industry
    • Legal form
    Reference period cycle:
    month
    Updating frequency:
    month
    Updated:
    Classifications used:
    • Industries_luok
    • Municipality
    Reference period cycle:
    month
    Updating frequency:
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    Documentation

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    Go to documentation of the statistics

    Referencing instructions

    Official Statistics of Finland (OSF): Bankruptcies and business restructuring proceedings [online publication].
    Reference period: 2024, February. ISSN=2954-0607. Helsinki: Statistics Finland [Referenced: 21.11.2024].
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    Statistical experts

    Inquiries primarily

    Mira Kuussaari
    Senior Statistician
    029 551 3538

    Other experts

    Tommi Veistämö
    Senior Statistician
    029 551 3546

    Head of Department in charge

    Katri Kaaja
    Head of Department in charge
    029 551 3488