Nordic Live Productions Oy has again filed for bankruptcy.
Kokkola’s wine party is one of Nordic Live Productions Oy’s events. Riga Grasshill
The creditor has filed for bankruptcy against concert organizer Nordic Live Productions Oy, it was revealed on 10.1. from the filed bankruptcy petition. The bankruptcy application filed by the creditor was confirmed to Iltalehte by the District Court of Ostrobothnia.
Nordic Live Productions Oy organizes several well-known festivals, such as Kokkola Wine Festival, Hanko Summer Festival, Hanko Wine Festival, Vaasa Festival, Kainuun Music Festival, Raasepori Festival, Polar Sound Festival and Espoo Wine Festival.
– This is a completely unfounded bankruptcy application. Our lawyer is handling the matter and has been handling it for several weeks, comments the CEO of Nordic Live Productions Oy Tommi Mäki.
– This is absolutely outrageous. Nordic Live has put together a financing package of around one million euros. We are a small entrepreneur-led company and we organize important events for the regions, Mäki continues.
According to him, it is a bankruptcy application made for the purpose of bullying.
According to CEO Tommi Mäe, the bankruptcy petition is about bullying. Tom Olli
Nordic Live Productions Oy filed for bankruptcy last December. At that time, another company submitted the application and withdrew the application the next day.
Iltalehti also reported on the company’s financial difficulties in November.