Share

Santa Claus spared bankruptcy

Helsinki - Finland's Santa Claus Office has avoided bankruptcy thanks to the help of a new owner.

Lapland Safaris Group said it had bought a majority of shares in Dianordia Oy, the company behind the Santa's office attraction in Lapland, and cleared its tax bill.

"With this arrangement we want to ensure that the story of Santa Claus will continue," said Jyrki Niva, the managing director of Lapland Safaris, which organises reindeer and snowmobile safaris.

Santa Claus Office last week said it had just days left to avoid closure over its $225 000 tax bill. The problems stemmed from a drop in visits from recession-hit Russians, once its best customers.

The attraction, which offers a year-round chance to be photographed with Santa in exchange for a fee, is one of several Christmas-themed businesses in Lapland, northern Finland.

It had about 300 000 visitors last year and revenues of about €2m. ($1 = €0.8875)

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Voting Booth
Should the Proteas pick Faf du Plessis for the T20 World Cup in West Indies and the United States in June?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes! Faf still has a lot to give ...
67% - 946 votes
No! It's time to move on ...
33% - 465 votes
Vote
Rand - Dollar
18.80
+1.1%
Rand - Pound
23.49
+1.3%
Rand - Euro
20.10
+1.5%
Rand - Aus dollar
12.28
+1.0%
Rand - Yen
0.12
+2.8%
Platinum
923.40
-0.2%
Palladium
957.50
-3.3%
Gold
2,336.75
+0.2%
Silver
27.20
-0.9%
Brent Crude
89.01
+1.1%
Top 40
69,358
+1.3%
All Share
75,371
+1.4%
Resource 10
62,363
+0.4%
Industrial 25
103,903
+1.3%
Financial 15
16,161
+2.2%
All JSE data delayed by at least 15 minutes Iress logo
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE