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Altogether 327 bankruptcies were instigated in May 2024

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

According to Statistics Finland, 327 bankruptcy proceedings were instigated in May 2024, which is 84 more than in the corresponding period one year earlier. The number of staff-years in enterprises that filed for bankruptcy totalled 1,110, which is 135 staff-years more than in May 2023.

Key selections

  • In May 2024, the 12-month moving annual change in instigated bankruptcy proceedings was 17 per cent.
  • In May 2024, the number of instigated bankruptcy proceedings was lowest in the industry of agriculture, forestry and fishery. Nine bankruptcy proceedings were instigated in the industry.
  • In May 2024, most bankruptcy proceedings were instigated in the industries of construction and other service activities. In the industry of other service activities, 122 bankruptcy proceedings were instigated, and in construction 70 bankruptcies.

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Updated database tables
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  • Industries_luok
  • Municipality
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Classifications used:
  • Industry
  • Legal form
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    Reference period cycle:
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    Referencing instructions

    Official Statistics of Finland (OSF): Bankruptcies and business restructuring proceedings [online publication].
    Reference period: 2024, May. ISSN=2954-0607. Helsinki: Statistics Finland [Referenced: 22.12.2024].
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    rakenne.tilastot@stat.fi
    Mira Kuussaari
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    Tommi Veistämö
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    Katri Kaaja
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