Swedish Mint

The Riksbank is considered to be the oldest central bank in the world and was founded in 1668.

In 1904, the Riksbank was granted a monopoly on issuing banknotes and coins in kronor. On 1 January 1999, the Riksbank was granted its independent status in Swedish law. Tumba Bruk was founded in 1755, making it one of the world’s oldest banknote paper mills. Previously, the Swedish Mint in Eskilstuna was also a part of Tumba Bruk. As a result of the Riksbank’s endeavour to concentrate its operations on its core objectives, the sale of Tumba Bruk was initiated in 2001.

The Swedish Mint was separated from Tumba Bruk and sold in 2002 as a separate unit to the Finnish mint, Rahapaja Oy. Coin production has continued in Eskilstuna under the name Nordic Coin AB Svenska Myntverket. 

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