I've always found the European version of St. Nick/Father Christmas a bit creepy--sometimes he's kind of gaunt, with robes instead of a jolly cotton-fringed suit. Apparently, other people feel the same way.
The premise for this fun little indie horror flick is that some corporation has dug up the frozen corpse of Santa Claus. He was defeated and frozen at some point in the distant past by the locals, but now he's being thawed out. A bunch of naked scrawny hairy men (elves?) show up to capture all the naughty little kids, who they leave in bags outside the huge ice block. I guess Santa will be hungry when he wakes?
It's all really clever, with lots of memorable iconoclastic imagery. The perspective is also well done--it has a Spielberg feel in how it's all told from a little boy's view--and he's got one of those class Spielbergian oddball costumes. In this case, a hockey helmet and hockey shoulder pads over his regular clothes.
I watched this a few weeks ago when I saw JPX mention it, and it's definitely worth a rec!