Are most Finnish insolvency notices bankruptcies?

No. Most Finnish notices are removals from the register, which are dissolutions rather than distress events, so a raw count says little about distress. Filter on event_type=insolvency for bankruptcies and event_type=restructuring for corporate restructurings.

Are Finnish insolvency notices linked to company records?

Yes, by business ID. GET /companies/{id}?include=insolvency on a Finnish company returns the corporate notices filed under its Y-tunnus, newest first, up to 50. Finland is one of the nine insolvency markets (FR, DE, GB, AT, CH, NO, FI, US, NL), corporate only.

Can I monitor a Finnish company for bankruptcy?

Not with a monitoring subscription: monitoring covers Spain, Ireland and Poland, and Finland is company records only. Send your Finnish counterparties through POST /insolvency/check on a schedule; it takes up to 100 items per call and every item counts as one request. An empty result is not proof of solvency.

Finland insolvency register API: konkurssi by business ID

In Finland bankruptcy (konkurssi) and corporate restructuring (yrityssaneeraus) are court proceedings before a district court (käräjäoikeus). The outcome is entered against the enterprise in the Trade Register (kaupparekisteri), kept by the Finnish Patent and Registration Office (PRH), so the register's record of a company can carry its situation: bankrupt, in restructuring, in liquidation. The identifier is the business ID (Y-tunnus), written NNNNNNN-N, with a modulus-11 check digit.

Most Finnish notices are not bankruptcies

The register's situations map to event types: konkurssi to insolvency, yrityssaneeraus to restructuring, selvitystila (liquidation) to liquidation, and removal from the register to dissolution. Most Finnish notices are removals from the register, not distress events, so a raw count of Finnish notices says little about distress. Filter on event_type=insolvency for bankruptcies and event_type=restructuring for restructurings.

Querying Finnish insolvency notices from an API

Prometiam serves Finnish corporate insolvency notices through GET /insolvency/search?country=FI. Finnish notices are linked to the company record by business ID: GET /companies/{id}?include=insolvency on a Finnish company returns the notices filed under its Y-tunnus, newest first, up to 50. Finland is company records only, with no officers, no corporate-event stream and no monitoring, so a Finnish counterparty is watched by sending it through POST /insolvency/check on a schedule. Corporate only; an empty result is not proof of solvency.

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Official source: PRH, the Finnish Patent and Registration Office

What the register records

Situation	Finnish	What it means for a counterparty	`event_type` in the API
Bankruptcy	konkurssi	A court has declared the company bankrupt. Its assets are being realised for the creditors.	`insolvency`
Corporate restructuring	yrityssaneeraus	A court-supervised restructuring. The business is meant to continue while its debts are restructured.	`restructuring`
Liquidation	selvitystila	The company is being wound up and its affairs settled. The state does not by itself say why.	`liquidation`
Removal from the register	purettu, rekisteristä poistettu, lakannut	The company has ceased to exist as a legal entity.	`dissolution`

Frequently asked questions

Where are Finnish bankruptcies and restructurings recorded?: A district court (käräjäoikeus) declares a company bankrupt (konkurssi) or orders a corporate restructuring (yrityssaneeraus). The outcome is entered against the enterprise in the Trade Register (kaupparekisteri), kept by the Finnish Patent and Registration Office (PRH), where the enterprise is identified by its business ID, the Y-tunnus.
Are most Finnish insolvency notices bankruptcies?: No. Most Finnish notices are removals from the register, which are dissolutions rather than distress events, so a raw count says little about distress. Filter on event_type=insolvency for bankruptcies and event_type=restructuring for corporate restructurings.
Are Finnish insolvency notices linked to company records?: Yes, by business ID. GET /companies/{id}?include=insolvency on a Finnish company returns the corporate notices filed under its Y-tunnus, newest first, up to 50. Finland is one of the nine insolvency markets (FR, DE, GB, AT, CH, NO, FI, US, NL), corporate only.
Can I monitor a Finnish company for bankruptcy?: Not with a monitoring subscription: monitoring covers Spain, Ireland and Poland, and Finland is company records only. Send your Finnish counterparties through POST /insolvency/check on a schedule; it takes up to 100 items per call and every item counts as one request. An empty result is not proof of solvency.