Giesecke & Devrient

Giesecke & Devrient (G & D) is an international technology group headquartered in Munich, which has, developed based on the banknotes, securities and pass pressure, even to a specialist for chip card and security solutions. The tradition was consolidated on 1 June 1852 by Hermann Giesecke ( 1831-1900 ) and Alphonse Devrient ( 1821-1878 ) founded in Leipzig as typographical Art Institute " Giesecke & Devrient ", and today operates worldwide through 50 subsidiaries and joint ventures. G & D employs in the year 2012 11.213 employees, including 7,125 abroad. In the same year, the company generated total revenue of 1.8 billion euros. With its products, the company is among the world's market and technology leaders.

G & D was initially specialized in banknote and security printing. From the 1960s, the company also provided security papers from the 1970 machines for banknote processing and smart cards for banking applications ago. G & D also was instrumental in the development of SIM cards. Later still came the expansion of the range of ID cards to do so.

Company History

The company in 1923 was instrumental in the pressure of the Rentenmark and printed and Others, 1939, the dividend coupons 5-10 and renewal coupon to share the TUAG cloth trade corporation, which from the previously aryanised Jewish fabric and tailor's accessories action " Großhandlung brothers Heine " in Leipzig had emerged, more than 1,000 Reichsmarks.

Rebuilding

In 1948 Siegfried Otto built the company in Munich new, while present in Leipzig buildings and facilities nationalized and as VEB German security printing (DWD ) were further operated (from July 1974 VEB security printing the GDR and since July 1990 security printing Leipzig). In 1958, G & D undertook to supply half of the banknotes for the German Bundesbank. The other half gave the federal government-owned printing company. 1968 G & D was involved in the development of eurocheques and eurocheque card. In the same year reported Helmut Gröttrup, from 1970 Managing Director of GAO (see next paragraph ), the first patent in terms of chip cards. In 1981, the first smart cards were produced on behalf of the German Federal Post Office G & D. Three years later, the company invented the so-called SIM plug in, which should prevail in the coming years to the global standard for SIM cards. After the reunification of G & D in 1991 took over the former headquarters in Leipzig and incorporated it as the site of the Securities and banknote printing in the run from Munich Group a. 1991 provided G & D is the first commercial SIM card for a Finnish network operator.

Starting in 1970, G & D began, first in its subsidiary company for automation and organization mbH (GAO mbH), with the development of automation enabled bill whose authenticity could be verified by machine-readable features. In the following years the product range has been expanded by machines for sorting of circulating banknotes for authenticity and condition ( for circulation ). With the machine types ISS 300 ( 1977 ), ISS 3000 ( from 1989) and BPS 1000 (from 1996) G & D world leader in the facilities of central banks with a market share of more than 70%. In 1990, G & D is a major contract since 1913 the private Federal Reserve of the United States of America system for delivery of more than 130 systems of BPS 3000 that can prove 40 notes per second.

From 1990 onwards, the expertise was developed in the field of smart cards. The result was about the first Statutory health insurance card (1993 ), the first electronic stock exchange ( 1995) or the world's first SIM-based mobile banking solution ( 1998). Mid-1990s had G & D has established itself as a leading supplier of masks, cards and terminals for the imported in Germany debit card. Two years later the new business segment was established safety systems, which put an emphasis on information and network security. In the 1990s, the majority of Athenians founded in 1891 banknote printing Matsoukis was acquired after both companies cooperated already for many years. In Athens stamps for Greece, Albania, Georgia and Cyprus are printed; further tickets, tickets, tax stamps and certificates of authenticity.

As of 1999, printed G & D for the European Central Bank, the new European currency, the euro, on the basis of modern safety standards. G & D is the largest printer in terms of volume of euro banknotes among the 15 participating printers.

2002 G & D was responsible for the development, design and printing of the new banknote series for Afghanistan. In the following years the company developed especially Visa personalization systems, such as Kazakhstan, Serbia and Italy. Also followed the manufacturing of electronic health cards such as for Taiwan. 2002, a banknote printing works in Malaysia was opened near Kuala Lumpur.

In 2004, G & D was involved in the Federal Republic in the production of new identification documents with storage of biometric data on a chip. The company is also involved in the project Electronic patient card.

By July 2008, G & D supplied the paper for the printing of bank notes for the Zimbabwe Dollar. The setting of the delivery was finally due to the growing international public pressure and the controversy surrounding the legal or moral permission of supplies. For while the United States had already imposed sanctions against Zimbabwe in 2001, exist in the EU, only sanctions against individual representatives of the regime of Robert Mugabe.

One of the leading manufacturers of banknote and security paper is the paper Louisenthal GmbH, a subsidiary of Giesecke & Devrient, with production facilities in Gmund am Tegernsee and King Stone, in Saxon Switzerland.

Competitors

In Germany, the Federal printing and Safran Morpho 's main competitors, worldwide smart cards Gemalto (world market leader with 30 %) and notes the British company De La Rue.

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