Feb 19 • 19:44 UTC 🇫🇮 Finland Iltalehti

Small Brewery Goes Bankrupt

A small brewery in Espoo, Finland, has been declared bankrupt due to financial difficulties, as announced by the local court.

Oma Panimo Oy, a small brewery based in Espoo, Finland, has been declared bankrupt, according to records from the insolvency register. The West Uusimaa District Court made the bankruptcy decision on Thursday, and the company has communicated this to its customers via a post on Facebook. The brewery stated that its stores would be closed for the rest of the week while they begin to clear their inventory as promptly as possible.

Founded during the pandemic in 2020, Oma Panimo Oy struggled with financial viability over the years. In 2024, the company's revenue was recorded at 875,000 euros, but it posted an operating loss of 8,000 euros. The challenges were further compounded as the company had already incurred a loss of 39,000 euros in 2022, indicating a pattern of financial instability.

The owner of the brewery, Jukka Terho, expressed gratitude to the brewery's customers and partners in their announcement. The brewery operated outlets in Espoo and Hyvinkää, and the sudden closure marks a significant turn for the local craft beer scene, reflecting the broader challenges faced by small businesses in the current economic climate in Finland.

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