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International Match Corporation
Kreuger & Toll was a company founded on May 18, 1908 by two Swedish engineers, Ivar Kreuger and Paul Toll, with Henrik Kreüger working as a consultant and chief engineer. History Early 1908, Ivar and his cousin Henrik Kreüger planned to establish a construction company that would work for the US company Trussed Concrete Steel Co. on the Swedish market to represent its new building methods based on reinforced concrete. At the same time Henrik Kreüger had introduced Paul Toll to Ivar. It turned out that Ivar formed the company with Paul, who had several years of practical experience in the construction business as an engineer, and was later site manager for the Swedish construction company Kasper & Höglund AB. The company was founded as a construction company with the name Kreuger & Toll on May 18, 1908 by Ivar Kreuger and Paul Toll with a total start capital of 10,000 SEK. The company was set up with a 60/40% ownership (Ivar 60%) and a profit split 50/50 between Ivar and Paul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ivar Kreuger
Ivar Kreuger (; 2 March 1880 – 12 March 1932) was a Swedish civil engineer, financier, entrepreneur and industrialist. In 1908, he co-founded the construction company Kreuger & Toll Byggnads AB, which specialized in new building techniques. By aggressive investments and innovative financial instruments, he built a global match and financial empire. Between the two world wars, he negotiated match monopolies with European, Central American and South American governments, and finally controlled between two thirds and three quarters of worldwide match production, becoming known as the "Match King".''Kreuger Genius And Swindler'' by Robert Shaplen (Alfred A. Knopf Inc. New York; 1960, p.9) Kreuger's financial empire has been described by one biographer as a Ponzi scheme, based on the supposedly fantastic profitability of his match monopolies. However, in a Ponzi scheme early investors are paid dividends from their own money or that of subsequent investors. Although Kreuger did this ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stockholm
Stockholm () is the Capital city, capital and List of urban areas in Sweden by population, largest city of Sweden as well as the List of urban areas in the Nordic countries, largest urban area in Scandinavia. Approximately 980,000 people live in the Stockholm Municipality, municipality, with 1.6 million in the Stockholm urban area, urban area, and 2.4 million in the Metropolitan Stockholm, metropolitan area. The city stretches across fourteen islands where Mälaren, Lake Mälaren flows into the Baltic Sea. Outside the city to the east, and along the coast, is the island chain of the Stockholm archipelago. The area has been settled since the Stone Age, in the 6th millennium BC, and was founded as a city in 1252 by Swedish statesman Birger Jarl. It is also the county seat of Stockholm County. For several hundred years, Stockholm was the capital of Finland as well (), which then was a part of Sweden. The population of the municipality of Stockholm is expected to reach o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Engineering Consulting Firms
Engineering is the use of scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad range of more specialized fields of engineering, each with a more specific emphasis on particular areas of applied mathematics, applied science, and types of application. See glossary of engineering. The term ''engineering'' is derived from the Latin ''ingenium'', meaning "cleverness" and ''ingeniare'', meaning "to contrive, devise". Definition The American Engineers' Council for Professional Development (ECPD, the predecessor of ABET) has defined "engineering" as: The creative application of scientific principles to design or develop structures, machines, apparatus, or manufacturing processes, or works utilizing them singly or in combination; or to construct or operate the same with full cognizance of their design; or to forecast their behavior under specific ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1932 Disestablishments In Sweden
Year 193 ( CXCIII) was a common year starting on Monday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Sosius and Ericius (or, less frequently, year 946 ''Ab urbe condita''). The denomination 193 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * January 1 – Year of the Five Emperors: The Roman Senate chooses Publius Helvius Pertinax, against his will, to succeed the late Commodus as Emperor. Pertinax is forced to reorganize the handling of finances, which were wrecked under Commodus, to reestablish discipline in the Roman army, and to suspend the food programs established by Trajan, provoking the ire of the Praetorian Guard. * March 28 – Pertinax is assassinated by members of the Praetorian Guard, who storm the imperial palace. The Empire is auctioned o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swedish Companies Established In 1908
Swedish or ' may refer to: Anything from or related to Sweden, a country in Northern Europe. Or, specifically: * Swedish language, a North Germanic language spoken primarily in Sweden and Finland ** Swedish alphabet, the official alphabet used by the Swedish language * Swedish people or Swedes, persons with a Swedish ancestral or ethnic identity ** A national or citizen of Sweden, see demographics of Sweden ** Culture of Sweden * Swedish cuisine See also * * Swedish Church (other) * Swedish Institute (other) * Swedish invasion (other) * Swedish Open (other) Swedish Open is a tennis tournament. Swedish Open may also refer to: *Swedish Open (badminton) * Swedish Open (table tennis) *Swedish Open (squash) *Swedish Open (darts) The Swedish Open is a darts tournament established in 1969, held in Malmà ... {{disambig Language and nationality disambiguation pages ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Disestablished In 1932
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression In Sweden
Great may refer to: Descriptions or measurements * Great, a relative measurement in physical space, see Size * Greatness, being divine, majestic, superior, majestic, or transcendent People * List of people known as "the Great" *Artel Great (born 1981), American actor Other uses * ''Great'' (1975 film), a British animated short about Isambard Kingdom Brunel * ''Great'' (2013 film), a German short film * Great (supermarket), a supermarket in Hong Kong * GReAT, Graph Rewriting and Transformation, a Model Transformation Language * Gang Resistance Education and Training Gang Resistance Education And Training, abbreviated G.R.E.A.T., provides a school-based, police officer instructed program that includes classroom instruction and various learning activities. Their intention is to teach the students to avoid gang ..., or GREAT, a school-based and police officer-instructed program * Global Research and Analysis Team (GReAT), a cybersecurity team at Kaspersky Lab *'' Great!'', a 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Companies Of Sweden
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Construction And Civil Engineering Companies Of Sweden
Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and comes from Latin ''constructio'' (from ''com-'' "together" and ''struere'' "to pile up") and Old French ''construction''. To construct is the verb: the act of building, and the noun is construction: how something is built, the nature of its structure. In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure, industrial facilities and associated activities through to the end of their life. It typically starts with planning, financing, and design, and continues until the asset is built and ready for use; construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling or decommissioning. The construction i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kreuger Crash
Ivar Kreuger (; 2 March 1880 – 12 March 1932) was a Swedish civil engineer, financier, entrepreneur and industrialist. In 1908, he co-founded the construction company Kreuger & Toll Byggnads AB, which specialized in new building techniques. By aggressive investments and innovative financial instruments, he built a global match and financial empire. Between the two world wars, he negotiated match monopolies with European, Central American and South American governments, and finally controlled between two thirds and three quarters of worldwide match production, becoming known as the "Match King".''Kreuger Genius And Swindler'' by Robert Shaplen (Alfred A. Knopf Inc. New York; 1960, p.9) Kreuger's financial empire has been described by one biographer as a Ponzi scheme, based on the supposedly fantastic profitability of his match monopolies. However, in a Ponzi scheme early investors are paid dividends from their own money or that of subsequent investors. Although Kreuger did thi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Matchstick Palace
The Matchstick Palace ( sv, Tändstickspalatset) is an office building on Västra Trädgårdsgatan in Stockholm, Sweden. History It was commissioned by the "Match King" Ivar Kreuger (1880–1932) as the headquarters of the Swedish match company ''Svenska Tändsticks AB''. It was designed by architect Ivar Tengbom (1878-1968) and built by Kreuger & Toll Construction AB 1926-28. The palace remained Swedish Match's office until 1991 and was sold to Telia in 1999, who subsequently sold it to businessman Muhammed Al-Amoundi for SEK 450 million. Swedish Match moved their headquarter back to Tändstickspalatset, to one of the floors, 1 September 2010. The Matchstick Palace served as the headquarters for Swedish Match at the beginning of the 1930s, 1972–1991, and 2010–2015. Description Behind the latticework and Corinthian columns of the main portico is the horseshoe-shaped inner courtyard on which the building is centered. The façades of the ground floor are dressed in m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Toll
Paul Sequens Esaias Toll (September 7, 1882 in Småland – July 3, 1946) was a Swedish construction engineer and co-founder, together with Ivar Kreuger, of the construction company Kreuger & Toll. Paul Toll was born in the parish of Berga in Kronoberg County, Småland. The name Toll springs from the small village Tollstad, south of Alvestra in the province of Östergötland, Sweden. In 1913, he married Gunhild Engwall, with whom he raised six children. Together with Ivar Kreuger, Paul Toll formed the engineering and construction company Kreuger & Toll in 1908. Toll played the main role in the construction projects while Ivar Kreuger handled the business contacts and marketing of the company. When he met Ivar Kreuger in early 1908, Ivar offered him the position of joint owner in a newly established company. Paul wrote a letter to his father Karl Toll on 23 March 1908 to give him some information about Ivar and probably to ask his father for advice on what to do, as Paul To ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
