De La Rue becomes the Riksbank's new banknote supplier

The Riksbank has signed an agreement with the British banknote manufacturer De La Rue on printing Swedish banknotes. The contract is valid for just over three years, with the possibility to extend it for another four years. De La Rue is one of the world's largest manufacturers of banknotes, with many central banks as customers, including the central banks in the United Kingdom and Iceland. The Swedish banknotes will be manufactured in the United Kingdom.

"We are pleased that it was possible to arrange a new supplier so quickly," says Ann Fridell, Head of the Analysis and Development of Payments Division. "De La Rue is a well-renowned company with considerable experience and they have been in this branch for 200 years, so it feels secure that they will be printing Swedish banknotes."

Last spring, the Riksbank gave notice of termination of the contract with the pre-vious supplier, Crane, as the company decided to close the printing works in Tumba and move manufacture to Malta. According to the Riksbank's require-ments, the notes must be printed in northern or central Europe.