PARIS--(BUSINESS WIRE)--Group François-Charles Oberthur (FCO Group) today announces the signature of an agreement with the Printing Works of the Bulgarian National Bank (PWBNB) to create a joint venture based in Sofia. The new entity, named “Oberthur Fiduciaire AD”, will be exclusively dedicated to banknote production.
“After doubling our banknote production and delivering a record 4.2 billion banknotes in 2012, the FCO Group will, for the first time in its history, operate a second site for manufacturing banknotes. This next stage in our development will allow the Company to continue to grow, and will therefore consolidate our position among the leaders of the banknote industry” said Thomas Savare, CEO of Oberthur Fiduciaire.
About Printing Works of the Bulgarian National Bank
Printing Works of the Bulgarian National Bank AD (PWBNB) is a joint stock company established in 2001. National printing producer, it is specialized in production of highly protected banknotes, securities, and ID documents. PWBNB is owned by the Bulgarian National Bank and the Bulgarian Ministry of Finance.
About Group François-Charles Oberthur
Group François-Charles Oberthur operates in the security printing industry through its subsidiary Oberthur Fiduciaire.
A trusted partner and global security expert serving its clients since 1842, Oberthur Fiduciaire is one of leading private security printers in the world, now serving 70 countries. Oberthur Fiduciaire is a specialist in the design and production of banknotes, associated security features, checks, and secure documents. Oberthur Fiduciaire’s know-how and expertise, integrity and trust, have long been recognized by central banks and governments across the world. The company is headquartered in Paris, has offices in London, and four manufacturing sites across France.
For more information: www.oberthur-fiduciaire.com
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