After a long period of loss, Mint of Finland Group made a profitable result. Improved profitability was attributable to more profitable customer projects compared to the previous year, greater production efficiency and completion of the fixed cost adjustment programme. Consolidated revenue was down year on year and amounted to €71.5m (2017: €85.0m). The Group’s result…
Read more >Mint of Finland, one of the world’s leading coin exporters, has published its CSR report and financial statements 2017 on its website. Consolidated revenue was up significantly year on year and amounted to €85.0m (2016: €66.6m). EBITA continued to be positive. The Group posted a loss of €1.9m, which equates to -2.2% of revenue (2016:…
Read more >Two Finnish special two-euro commemorative coins will be released in 2018. The theme of the special commemorative coin released in the spring will be National Landscapes of Finland and the autumn’s special coin will pay tribute to Finnish Sauna Culture. The launch of nine five-euro commemorative coins in honour of Finland’s National Landscapes is also…
Read more >By decision of the Ministry of Finance, Mint of Finland minted a gold with a nominal value of EUR 100 in honour of Finland’s century of independence. The coin was released on 3 January 2017. The collector coin has now been sold out by the manufacturer. The collector coin is a part of the Finland…
Read more >Today, Governor Erkki Liikanen of the Bank of Finland started the production of com-memorative Independent Finland 100 Years coins at Mint of Finland. A total of 2.5 million special coins will be minted in honour of Finland’s century of independence. The special coins will be released into circulation on 1 June 2017. Today, Mint of…
Read more >In a release published by the Finnish Ministry of Finance at 4.08pm on 25 April 2017, Minister of Finance Petteri Orpo announced he had initiated a process to repeal the Decree on the Decades of Independence Collector Coin Series. According to the Ministry of Finance this decree has now been repealed. Mint of Finland, which…
Read more >A year of changes at Mint of Finland Mint of Finland, one of the world’s leading coin exporters, has published online its annual report and financial statements for 2016. Consolidated revenue was €66.6m (2015: €88.2m), down 24.6% year on year. The result was a loss of €1.6m, which equates to -2.5% of revenue (2015: -€3.7m…
Read more >Governor Hugo Frey Jensen of Danmarks Nationalbank, the central bank of Denmark, travelled to Vantaa to celebrate the start of manufacturing in person. Mint of Finland’s circulation coin minting machines will make Danish 20 krone coins. Mint of Finland will also mint silver collector coins in honour of the 50th wedding anniversary of Her Majesty…
Read more >The Collector Coin Committee of the centenary of Finland’s independence, instituted by the Ministry of Finance, is holding a competition for the design of a collector coin to be released in 2018. The competition is organised to find a design for the Finland in 100 Years collector coin. The design eventually stamped on the collector…
Read more >Mint of Finland will mint circulation coins for Colombia The Central Bank of Colombia has ordered two-hundred peso and one-thousand peso coins from Mint of Finland. Mint of Finland will mint 156 million two-hundred peso coins and 92 million one-thousand peso coins to Colombia. The coins will be delivered in the course of 2017. The…
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