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Enterprises

Altogether 169 bankruptcies were instigated in April 2022

Statistics:
Reference period:
2022, April
Published:
Next release:
Publication type:
release

According to Statistics Finland, 169 bankruptcy proceedings were instigated in April 2022, which is 19 fewer than in the corresponding period one year earlier. The number of staff-years in enterprises that filed for bankruptcy was 693, which is 15 staff-years lower than in the year before.

In the line chart the trend of the moving annual sum of instigated bankruptcy proceedings is falling starting from 2013.

Key points

  • In April 2022, a total of 169 bankruptcy proceedings were instigated.
  • In April 2022, the number of staff-years in enterprises that filed for bankruptcy totalled 693.
  • In April 2022, most bankruptcy proceedings were instigated in the industry of other services. Altogether 42 bankruptcy proceedings were instigated in the industry.
  • In April 2022, the number of instigated bankruptcy proceedings was lowest in the industry of agriculture, forestry and fishery. Altogether four bankruptcy proceedings were instigated in the industry.
  • In order to prevent a wave of bankruptcies caused by the coronavirus pandemic, filing for bankruptcy was limited by temporary legislative amendments from 1 May 2020 to 30 September 2021.

Instigated bankruptcy cases refer to enterprises, corporations or natural persons which have filed for bankruptcy during a calendar year. The instigation of bankruptcy proceedings does not always mean an enterprise or own-account worker “goes under” in the actual sense. Bankruptcy as a trial is a complicated legal process involving several stages, in which proceedings may be interrupted at different stages.

Database tables

Database tables related to this release

Updated database tables
Classifications used:
  • Year
  • Industry
  • Legal form
Updated:
15.06.2022
Classifications used:
  • Municipality
  • Year
  • Industries_luok
Updated:
15.06.2022

Background information

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Mira Kuussaari
Senior Statistician
029 551 3538
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