The Match King, Ivar Kreuger
Ivar Kreuger was born on the 2nd of March 1880 in Kalmar , where his father and uncle owned the local match factory . Kreuger trained as a civil engineer and began his career in the construction industry , where he was one of the first to make concrete and prefabricated buildings . In 1908 he founded together with a fellow student the construction company Kreuger & Toll, which was the core of an international group of industrial, commercial and financial companies .

In 1917 he gathered the Swedish match industry in Svenska Tändsticks Aktiebolaget ( STAB ), which in the early 1930s accounted for 40 % of the world production of matches , while partners was responsible for another 22% . He was in a growing international lending activity and also acquired significant shares in Swedish companies such as Stora Kopparberg and SKF , like he had a majority stake in LM Ericsson .

Kreugers position was at all impressive and attracted the world's attention as the Match King . The world's newspapers were filled with articles about the Swedish tycoon , who at that time was considered the world's richest man .

As the international recession intensified after the stock market crash in New York in October 1929  Kreuger himself had taken large bank loans in order to maintain the illusion of a successful and profitable group.

On the way from a meeting in the United States  in 1932  Kreuger had made a stop in Paris for here to meet with some European banks, but on the morning of 12 March 1932 he was found dead in his hotel room , presumably shot by suicide . Kreugers large group cracked the same year and cost the following year the Swedish Prime Minister CG Ekmans resignation, when it emerged that he had received money to his political parti from the  Kreuger trust.

For several years after, the cleanup work progressed and there was lot of demands on the acquisition of the Group's vital parts . The two major players in this was the Morgan family in the United States and the Wallenberg family in Sweden, where the latter was that in relation to the majority of the enterprises were the ones who drew the longest straw .

Before the sulphur match
The first sulphur match
Childrens labor
Womens fight for their rights
Work invironment
The laws
The swedish match industry
The match king, Ivar Kreuger
Was Ivar Kreuger assassinated?
H.C. Andersen and the matches
Drachmann and the matches