Consolidated revenue was down year on year and amounted to €56.8m (2018: €71.6m). The Group’s result for the accounting period was -€1.6 (2018: +€1.1m). Lower profitability was mainly attributable to smaller volumes compared to a previous year, but continued improved productivity and lower fixed costs had a positive impact on earnings. Competition in the industry…
Read more >COVID-19 pandemic is a source of great concern and uncertainty for people. At Mint of Finland, we are prepared to do everything we can to ensure the wellbeing, health and safety of our customers, our staff, our other stakeholders and their families. We serve our customers as usual through digital connections. Mint of Finland in co-operation…
Read more >Mint of Finland won the tendering competition organised by Danmarks Nationalbank having the best price quality ratio. In addition to cost-effectiveness, the tendering process addressed the corporate social responsibility, quality and security of the projects. Mint of Finland and Danmarks Nationalbank have signed a four-year framework agreement for the minting and delivery of Danish coins….
Read more >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 >