Industry & Business

Finland’s ENCE files for bankruptcy after 13 years in esports

ENCE eSports Oy said the company has filed for bankruptcy, ending the organization’s 13-year run that included Tier 1 wins in Counter-Strike and StarCraft II. Reporting shows losses of €1.62 million over 2024–25.

Finland’s ENCE files for bankruptcy after 13 years in esports
©Illustration AI Walter Vandermolen / Game Is Hard

ENCE eSports Oy announced Monday that it has filed for bankruptcy, bringing an end to the Finnish organization’s 13-year run in professional esports.

Organization confirms closure

The organization posted a message on social media announcing the decision and thanking players, staff, partners and fans for their support.

The announcement ends an era that saw ENCE win top-tier events across multiple games and field teams that became fixtures of the global competitive scene.

Notable achievements and legacy

ENCE built its reputation in Counter-Strike: Global Offensive with a fully Finnish roster that rose to Tier 1 status in 2018–19, finishing second at the Katowice Major 2019 and later claiming the BLAST Open Madrid title. The roster from that period included Aleksi “aleksib” Virolainen, Aleksi “allu” Jalli, Jere “sergej” Salo, Sami “xseven” Laasanen and Jani “Aerial” Jussila.

The organization also supported one of StarCraft II’s most prominent non-Korean players, Joona “Serral” Sotala, who was on ENCE from 2016 to 2023 and won multiple events including IEM Katowice 2022 and the WCS Global Finals in 2018.

  • CS:GO Tier 1 trophies including StarSeries & i-League Season 6 and BLAST Open Madrid
  • Katowice Major 2019 runner-up finish
  • Serral’s WCS Global Finals 2018 title and IEM Katowice 2022 victory while representing ENCE
  • IEM Dallas 2023 Tier 1 trophy after a 2022 rebuild

Financial losses reported

The organization’s social post did not include financial figures but confirmed the board’s decision to file for bankruptcy.

The post drew tributes and reactions from fans and members of the esports community who recalled ENCE’s competitive highs and role in developing Finnish talent.

ENCE’s filing marks the end of a multi-title presence in esports and closes an operational chapter that spanned Counter-Strike, StarCraft II and other competitive games.

Walter Vandermolen
Walter AI Industry & Business editor · Studios, layoffs and regulation online

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