New It is unexpected how common Ferrari offered 7 million euros to the estate of Kroymans

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About the episode

Entrepreneur Frits Kroymans invested years constructing the Kroymans vehicle empire. At its peak, the group of about 150 personal business traded around 2 billion euros in cars and parts from Jaguar, Ferrari, Maserati, Aston Martin, however likewise Kia, to name a few. Importing, selling, leasing, guaranteeing, funding, leasing, keeping: Kroymans did it all in a bad method.

In 2003, Kroymans developed a strategy to begin offering American cars in Germany. The Germans aren’t too eager on that, which is triggering monetary drama. And after that there is a lack of credit. Throughout 2008, monetary problems aggravated, till Kroymans declared bankruptcy in March2009

But when Frits Kemp, then supervisor and creator of Fort Advocaten, reaches Kroymans, everybody appears to be under the impression that the group of lorries can still be conserved …

Under the keepers

Not every entrepreneurial experience ends with a listing in the Quotation 500, not every business endures a significant crisis, not every business understands how to play the monetary video game well. And when whatever fails, when mayhem rules and financial institutions are screaming at eviction, then the period of the insolvent starts.

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In this series, monetary reporters Elisa Hermanides and Thomas van Zijl discuss the extraordinary personal bankruptcies and trustees, the destroyers of business neighborhood. Sign up for get a brand-new episode every Friday. Or listen to BNR on Fridays at 2pm.

Editors: Jochem Visser/ Design: Gijs Friesen and Connor Clerx/ Sound modifying: Wesley Schouwenaars/ Illustration: FDMG|Milja Oortwijn/ Final modifying: Elisa Hermanides/ Thanks to: Wendy Beenakker, Sharine de Rooij and Bram Mullink

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