Thursday June 20, 2024

More bankruptcies filed in April

Published : 18 May 2024, 01:07

  DF Report
DF File Photo.

A total of 293 bankruptcy proceedings were instigated in April 2024, which is 26 more than in April one year earlier, according to Statistics Finland.

In April, the number of staff-years in enterprises that filed for bankruptcy totalled 1,154, which is 286 staff-years more than in April 2023.

During the past 12 months, the number of bankruptcies was 13 per cent higher than in the 12 months preceding this period.

In April 2024, most bankruptcy proceedings were instigated in the industries of other service activities, construction and trade.

A total of 101 bankruptcy proceedings were instigated in other service activities, 74 in construction and 38 in trade in April 2024.