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Altogether 274 bankruptcies were instigated in March 2024

release | Bankruptcies and business restructuring proceedings 2024, March

According to Statistics Finland, 274 bankruptcy proceedings were instigated in March 2024, which is 14 more than in March one year earlier. In March, the number of staff-years in enterprises that filed for bankruptcy totalled 1,156, which is 245 staff-years more than in March 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 March 2024, most bankruptcy proceedings were instigated in the industries of other service activities, construction and trade.
  • In March 2024, in the industry of other service activities, 93 bankruptcy proceedings were instigated, in construction 71 and in trade 43.

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Updated database tables
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