Surge in bankruptcies continues in June, service sector most at risk

The number of companies filing for bankruptcy in Finland continues to climb, with June witnessing a significant rise. A total of 252 bankruptcy filings were recorded, an increase of 13 compared to the same month last year. The service sector remains the hardest hit, accounting for approximately half of all filings.

This upward trend in bankruptcy filings has been ongoing for over two years. According to Tommi Veistämö, Chief Statistician at Statistics Finland,