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Mint of Finland to Manufacture Coins for Denmark

By Mint of Finland ……
Mint of Finland has been awarded a framework contract with the National Bank of Denmark (Danmarks Nationalbank) for a duration of four years. The agreement includes the manufacturing of all Danish coins during this period. Mint of Finland is the world’s leading exporter of coins and the largest manufacturer of coins and blanks in the euro zone.

CEO Paul Gustafsson comments on the significance of the deal: “This deal is important for us both in coin factory in Vantaa, Finland and blank factory in Halsbrucke, Germany.”

Mint of FinlandAccording to Gustafsson, Denmark has generated a modern and advanced tendering processes that ensures not only a competitive price but that there were also quality, security and compliance with corporate social responsibility.

Danmarks Nationalbank comments on choosing Mint of Finland: “The basis for the award criteria were the most economically advantageous tenders with relative weighing on Quality, Security and Corporate Social Responsibility.”

As a Nordic player, Mint of Finland is neutral in comparison to many of its competitors. The company’s principal competitive advantages are its flexible and responsible operating method and the ability to meet the individual needs of each customer.

Mint of Finland Group generates revenue in three business areas: blanks, circulation coins and collector coins. The Group operates in three different countries and delivers blanks and circulation coins to central banks and mints on four continents. The company also offers collector coins to retailers and via its online shop to consumers interested in gifts and collecting. The company is owned by the Republic of Finland.

About Mint of Finland

Mint of Finland Group designs, markets and manufactures metal coins, blanks, collector coins, special coins and coinages. Mint of Finland Group is the strongest mint in the euro zone and one of the largest global exporters of metal coins. The company is owned by the Republic of Finland. The Finnish Science Centre Heureka’s exhibition About a Coin demonstrates the various stages of minting coins. For more information on events in 2016, please visit www.suomenrahapaja.fi.

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  1. To clarify a bit further, while the illustration shows a roll of €2 coins, Denmark is not part of the Eurozone and continues to use its historical currency.


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