Bankruptcy Proceedings Launched Against Olympia-ravintolat, Operator of Tampere's Olympia Block
Bankruptcy proceedings have been launched against Olympia-ravintolat, operator of Tampere’s Olympia block, after unpaid taxes and pension contributions; the Olympia complex closed in late September.
The Olympia block contains restaurant Muusa, the Olympia concert venue and the rooftop terrace Puutarha. Cocktail bar Tiima closed last spring.
The bankruptcy petition was filed by the Tax Administration and pension insurer Ilmarinen. The Tax Administration had sought bankruptcy in March but withdrew after more than roughly €100,000 in back taxes were paid, Aamulehti reported. Olympia-ravintolat has several payment defaults. The property, a Jugend building from 1907–1908, is owned by the Tampere Student Housing Foundation Toas.
Earlier this year the Tax Administration filed a separate bankruptcy petition over roughly €50,000 the Tax Administration's March petition. The Olympia complex was closed in late September after about a decade of operation the complex's September closure.
Earlier coverage
Catch the full story over at Aamulehti