According to figures published by the State Treasury, about 470 companies operating in the event industry received compensation from the Finnish state last year for a total of about 14 million euros.
The money was paid for the costs of canceling or limiting transactions due to the coronavirus crisis.
The largest financial support was provided to the organizers of music festivals, concerts, art exhibitions and cultural events, covering the period from the beginning of June to the end of December.
The coronavirus pandemic has had a devastating effect on the Finnish event industry and led to the Minister of Economic Affairs Mika Lintilä (Cen) noted that the government will compensate companies in the transaction sector for cancellations caused by coronavirus restrictions.
The State Treasury received a total of 601 claims.
Source: The Nordic Page