Newsroom - Mint of Finland

Newsroom

Financial statements 2019: Lower volumes weakened earnings

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 >

Mint of Finland response to COVID-19

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 >

Danmarks Nationalbank continues to co-operate with Mint of Finland

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 >

Mint of Finland’s result turned to profit

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’s brisk start to the year slowed as the year progressed

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 special two-euro commemorative coins will be released in 2018, along with a series of commemorative five-euro coins

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 >

Gold coin of Finland’s centenary of independence out of stock

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 >

A total of 2.5 million special two-euro coins are about to enter circulation: minting of commemorative Independent Finland 100 Years coins has begun at Mint of Finland

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 >