Hotel Tahko, located in the popular resort area of Tahko, is facing bankruptcy due to insolvency, as revealed by the application filed at the North Savonia District Court.
Hotel Tahko, part of the Järvisydän group and known for its vacation apartments in Tahko, Kuopio, is facing bankruptcy proceedings due to financial insolvency. The bankruptcy application was submitted to the North Savonia District Court on February 23, initiated by the financial service company Vauraus Suomi, which claims that Hotel Tahko has failed to service a €800,000 loan issued in July 2025 despite attempts to collect repayment.
In response to inquiries by Yle, Hotel Tahko's CEO Markus Heiskanen stated that the bankruptcy application is linked to a business reorganization that the hotel is undergoing. Officials from the insolvency register indicate that Hotel Tahko applied for business reorganization on February 17, though it's noted that the court has yet to decide on the commencement of this reorganization process. This situation highlights the financial struggles facing the hotel and potentially resembles ongoing issues within the larger Järvisydän group, which also sought business reorganization at the end of January.
The implications for Hotel Tahko and its operations remain uncertain, as the CEO has assured that business will continue as usual during the reorganization efforts. However, the outcome of the court's decision regarding the reorganization could significantly impact the future of the hotel, its employees, and the broader economic landscape within the Tahko resort area, known for its skiing activities and tourism.
