The Nazis divided the Jewish shops and companies they expropriated into two categories. The first consisted of enterprises they wished to preserve, which they placed under the supervision of a Verwalter. The remaining businesses were sold off. Omnia liquidated some 13,000 Jewish businesses in the Netherlands. The proceeds were deposited in an account at the Liro Bank under the owner’s name. The sale price was in many cases a mere fraction of the business’s true value.
Term
Omnia Treuhandgesellschaft
Institution established in Prague during the war to liquidate Jewish shops and companies that were of little significance to the occupying forces.