Santa Claus Facing Bankruptcy As Lapland Office Struggles to Pay Its Debts
September 24, 2015
The Lapland office of Santa Claus, which receives hundreds of thousands of visitors each year, is facing bankruptcy as it struggles to service debts totalling around £140,000.
Reports suggest that Santa Claus’ Lapland office has been hit by a downturn in visitors in the wake of the financial crisis that has hindered economies across much of Europe in recent years.
All of which has left the office potentially facing bankruptcy if it fails to raise enough money to pay off its debts within the next few days.
The prospect of seeing Santa go bankrupt has prompted the launch of an online campaign aimed at raising funds and saving the Lapland office, which has long been a major draw for tourists from across continental Europe and the UK.
A variety of factors are said to have contributed to the declining fortunes of Santa Claus in the Lapland area of Finland, primarily the various economic issues affecting the euro zone but also the recent and ongoing unrest in the Ukraine.
“The state of the global economy makes a big difference to our business,” explained Jarmo Kariniemi, chief executive of Dianordia Oy, which operates Santa Claus’ Lapland home.
Kariniemi explained that the bulk of his company’s debts are owed to Finnish tax authorities and said that Dianordia Oy is “not bankrupt yet” and insisted that he is “confident a solution will be found”.
In an effort to drum up support and enthusiasm for Santa’s fund-raising drive, the company’s Facebook page ran the following message: “Santa is here, every day, like he has been for the last two decades, meeting friends and visitors from all around the world. We are a small family company, and times are not easy in global economy for us either, but we keep working for the spirit of Christmas.
“Despite the current news, let’s keep smiling and work for a better future. Tide will change, we have a week to turn this around.”
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