Royal Canadian Mint opens plating facility expansion
The Royal Canadian Mint officially opened its plating facility expansion and the Hieu C. Truong Centre of Excellence for Research and Development. The 70,000 square expansion will enable the Mint to increase production of multi-ply plated steel blanks.
Go-ahead for Andritz Group to acquire majority in Schuler Group
Now also China’s anti-trust authorities have given the go-ahead for Austrian Andritz Group acquire a majority in the Schuler Group. Following this transaction, Andritz holds over 90 percent of the capital stock of Schuler AG.
Schuler remains on course
Schuler Group won the largest service contract in its history, worth 18 million euros. While new orders slightly declined in the first half of 2013 Ebitda increased by 5.2 percent confirming Schuler’s course.
Challenging year for Mint of Finland
Mint of Finland Group had a challenging year which was influenced by the weak global market and overcapacity in the coin industry, as well as the slowdown in euro change over decision making.
US Mint increases production in 2013
The US Mint has produced more coins in the first half of 2013 than in the same period in 2012. For six month in a row figures have increased. According to the preliminary totals the Great Basin National Quarter is also being more successful than its predecessor.
Jane Austen on future £10 note?
After the decision that Sir Winston Churchill will appear on a new Bank of England £5 banknote many criticised that thus the only woman on an English banknote will disappear. Now it seems that maybe another woman could be on a new £10 banknote: writer Jane Austen.
Britain’s New Baby Coin could be a Marketing Triumph
Richard Giedroyc analyses how The Royal Mint uses modern marketing strategies for its latest issue: a coin marking the (still expected) birth of the royal baby.
40 percent of circulating coins release nickel
New studies revealed that nearly 40 percent of the circulating coins in the world release nickel. But there are only three countries so far with nickel-free currencies. The UK has only recently issued new nickel-plated coins which have been shown to release even more nickel than the older ones.
Dr. Walter Schlebusch new CEO of Giesecke & Devrient
Dr. Walter Schlebusch has been appointed as Giesecke & Devrient’s new CEO and Chairman of the Management Board. Taking up this position on July 1, he will succeed Dr. Karsten Ottenberg, who will be leaving the company on June 30, 2013.
Loomis wins Riksbank contract for coin warehousing and handling
Loomis has been contracted by the Riksbank, Sweden’s central bank, to take responsibility for part of the Riksbank’s handling of coins in Sweden. The contract, which extends over four years, will commence on November 1.