Goznak, Russia’s Federal State Unitary Enterprise and one of the world’s largest producers of coins, banknotes, postal stamps and awards, is to be transformed into an open joint-stock corporation following orders from President Vladimir Putin.
Putin has ordered that this occur within the next 18 months. All shares in Goznak will remain with the Russian state.
Source: The Moscow Times
Author: SMI
https://www.securamonde.com SMI is the acknowledged world leader in the provision of independent technical & commercial expertise to the currency industry. Founded in 1994, SMI consultants each have many years’ experience working in the currency industry, and consequently have extensive knowledge and understanding of all aspects of the banknote and coin markets, offering consultancy services on a range of issues related to the security, manufacture, issue, circulation and management of physical cash in the economy.