Major financial scandal unfolds at Myyräncolo cultural hub in Vantaa, Finland
In Myyrmäki, Vantaa, a significant financial scandal involving the cultural sector is unfolding behind the scenes. The operation of Myyräncolo, a prominent cultural hub that previously garnered media attention, quietly ceased last summer. The cooperative managing this center has accumulated debts amounting to hundreds of thousands of euros, with tenant security deposits reportedly used without tenant consent. As of late 2023, internal messages indicated that the rent debt stood at €231,000, with other property-related expenses pushing total debts beyond €400,000.
Petteri Niskanen, who has been the cooperative’s representative since its formation in 2018 and is a former city council member, acknowledged these debts. Several tenants have filed police reports regarding the use of their security deposits and Niskanen’s actions, though he is not considered a suspect.
Myyräncolo aimed to provide affordable spaces for creative professionals, located on a site awaiting demolition or in transitional use. The venue attracted almost a hundred tenants at its peak, including studios and arts organizations, which helped raise the profile of Myyrmäki. However, the cooperative’s operations became increasingly unprofitable over the past two years, leading to a quiet suspension of activities last summer. As of late 2023, Myyräncolo’s website has been shut down, and graffiti associated with it has been removed.
Numerous tenants, including the contemporary dance theater Mamia Company, have since relocated, reporting that they lost their deposit funds without prior knowledge. Niskanen claims these funds were used to cover unpaid rent. Other affected entrepreneurs express frustration over poor communication and governance, highlighting ongoing commitments to art and creativity amidst financial difficulties.