Printing Industry News for Canada | RSS | 

18 December 2019
World's Largest Bank Note Printer In Trouble.
LONDON—
De La Rue, which has printed banknotes for the Bank of England since 1860, and also prints currency for 140 other countries, has issued a warning that there was “significant doubt” about its future. It is the largest banknote printer in the world, produces passports for 40 countries, and has designed 36 percent of all banknote denominations in circulation,
De La Rue has suffered two major setbacks in the past year that have thrown the company’s future into question. In 2018, De La Rue lost the contract to print the United Kingdom’s new blue passports after Brexit is completed. That contract will go to a German printer . De La Rue also wrote off £18 million last year after Venezuela's central bank failed to pay .
Venezuela never paid for printing of their bank notes
|
World's largest printer of bank notes
|
Post a Comment
Comments:
NEW ON THE JOB BOARD | RSS
CLICK HERE to post your job opening
LATEST USED EQUIPMENT | RSS
CLICK HERE to list your equipment
![]() |
|
![]() |
|
![]() |
Total Used Equipment Listings: 20
CLASSIFIED | RSS
CLICK HERE to list your business opportunity in the printing industry
Most Recent News Comment
![]() |
|
Former Flyer Printer! says: | |
Most Read Stories
THE PRINT WIRE
Other news from the industry