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Number of business restructuring petitions concluded was 446 in 2023

Release related to topics:Enterprises
release | Bankruptcies and business restructuring proceedings 2023

According to Statistics Finland's data, district courts concluded 446 business restructuring petitions during 2023. This is 113 business restructuring petitions more than in 2022. Of the petitions for restructuring proceedings, the payment schedule was confirmed in 142 cases.

Key selections

  • In 2023, the payment schedule of the petitions for restructuring proceedings was confirmed in 142 cases, which is 38 more than one year earlier.
  • In 2023, the commonest reasons for interruption were an order for the termination of the proceedings, which was the reason in 146 cases, and rejection of the application, which was the reason in 60 cases.
  • In 2023, 92 of the confirmed restructuring programmes were confirmed within less than 12 months and in 50 cases the procedure lasted over one year.

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Updated database tables
13fn
Classifications used:
  • District court
Reference period cycle:
year
Updating frequency:
year
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13fp
Classifications used:
  • Industries_luok
  • Area
Reference period cycle:
year
Updating frequency:
irregular
Statistics:
Updated:
13fm
Classifications used:
  • District court
Reference period cycle:
year
Updating frequency:
year
Statistics:
Updated:

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Documentation

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Referencing instructions

Official Statistics of Finland (OSF): Bankruptcies and business restructuring proceedings [online publication].
Reference period: 2023. ISSN=2954-0607. Helsinki: Statistics Finland [Referenced: 22.11.2024].
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rakenne.tilastot@stat.fi
Mira Kuussaari
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029 551 3546

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Katri Kaaja
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