Nordic Live Productions Oy has been in financial problems for a long time.
For example, Kokkola’s wine party is a Nordic Live event. Riga Grasshill
The large event organizer Nordic Live Productions has filed for bankruptcy, which started in the district court of Southern Ostrobothnia on Wednesday.
Iltalehti could not reach the CEO Tommi Mäkea to comment on the situation.
In November, Mäki told Iltalehte that the company has had a challenging time for a long time.
– Personally, I will give everything, as will the rest of the management, to find solutions to the challenges we face so that the business can continue. These solutions are actively sought in the negotiations, he commented at the time.
Entrepreneur Tommi Mäki. Stock photo. Tom Olli
A year ago, Nordic Live Productions applied for corporate reorganization, and the company had payment defaults.
In October alone, there were 18 more entries. The biggest creditors are the collection companies Intrum Justitia and Ropo Capital. In October alone, there have been notices of payment defaults for more than 200,000 euros.
Nordic Live Productions organizes several events and festivals such as Vaasa festival, Aura Fest, Solar Sound Fest, Viinijuhlat in several different locations and Raasepori festival.
For next year, Nordic Live has announced several events such as Espoo’s wine festival, which should be in July in Espoo’s Haukilahti.