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Santa Claus files for bankruptcy

HELSINKI: Santa Claus is broke and has filed for bankruptcy in Finland, or at least a popular tourist attraction on the Arctic Circle has done so after a sharp drop in visits from recession-hit Russians, once the centre’s best customers.

tourismeconomicsculture
By AFP

Monday 24 August 2015, 03:28PM


The company behind a popular tourist attraction on the Arctic Circle currently owes more than B8.2 million in taxes. Image: Mark Raln

The company behind a popular tourist attraction on the Arctic Circle currently owes more than B8.2 million in taxes. Image: Mark Raln

According to court documents, Dianordia, a company which fulfils the dream of children and their families from all over the world to meet Santa Claus in person, needs a bit of Christmas cheer.

Tax authorities have filed a bankruptcy case in court as Dianordia owes over 200,000 euros (more than B8,207,255) in taxes. But the head of the company Jarmo Kariniemi says he is not ready to give up. He still has a week to keep Santa on the job.

“We will take care of it. We have already collected half of the sum,” assured Mr Kariniemi.

Every year around 300,000 tourists of 100 different nationalities visit Santa’s Office – which claims to be the official one – in Rovaniemi on the Arctic Circle in Finnish Lapland.

Santa’s Office is part of an amusement park called Santa Claus Village hosting several companies. The Village and the other companies are not affected by the court’s proceedings. The head of the Rovaniemi Regional Development Agency, Juha Seppala, said his organisation would make sure Santa is there in the future.

“There is no way the Village would be left without Santa Claus. The activities will continue in one way or another,” he said.

Mr Kariniemi said his company’s financial difficulties were due to “the turbulence in the world” resulting in a drop in the number of tourists visiting the region.

“First there were fewer tourists coming from Greece, then from Spain, Italy and Portugal, and eventually from Russia,” he explained, referring to the economic downturn in those countries.

In January Finnish Border Guards reported a 33 per cent drop from December 2013 to December 2014 in border crossings between Finland and its eastern neighbour Russia, which sends the most tourists to Finland, and has been affected by the fall of the ruble.

 

 

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edward partridge | 25 August 2015 - 03:43:54

at last  a real human interest story to touch the heartstrings of many millions of people   mostly young,  we cant have this nonsense allowing santa claus to be declared insolvent.band together,citizens of our planet.start up a bailout fund for santa inc.it works for some major banks,dysfunctional 3rd world countries,corrupt politicians,and of course,,,greece...we can do this!!!.and a hand up for ...

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