In January, the number of bankruptcy petitions in Finland remained almost the same as the previous year, with 385 bankruptcies filed, a slight increase of four from January 2022. This stagnation in bankruptcy filings highlights ongoing economic challenges, as the last time similar figures were recorded was in October 1997. The companies involved in these requests are estimated to have accounted for 1,518 person-years of labor, indicating a significant impact on employment and the workforce. Notably, the Indoor Group, the owner of the furniture chains Asko and Sotka, was among the most prominent companies to file for bankruptcy in January. The petition was initiated by one of the company's creditors, underscoring the financial strain the firm was under. On the following Monday, Indoor Group itself filed for bankruptcy, leading to a formal decision to initiate bankruptcy proceedings the next day. This situation reflects the broader difficulties facing retailers and the furniture sector in Finland during this period. Additionally, Lomakylä Järvisydän, a holiday village business, also filed for bankruptcy in January, further indicating that the challenging economic landscape is affecting various sectors. The data suggests a troubling trend in business solvency within Finland, raising concerns about the implications for the economy and employment as more companies face financial hardships and bankruptcy risks.