TUMBA PAPER MILL, SWEDEN


Tumba Paper Mill, once the Sweden Currency Printing Center. Now it is sold to the Crane Currency i.e., the Crane AB (Limited Company). 

Tumba Paper Mill near Stockholm, was established in 1755 by the Bank of the Estates of the Realm to produce banknote paper and combat counterfeit money. It is one of the world’s oldest banknote paper manufacturing industries. The mill was improved in 1758 with Dutch paper technology. It produces paper for Swedish banknotes and foreign banknotes (including those of America) from 1970s. The mill was sold to Crane Currency Ltd in 2002. It operates with 240 people after closing printing in 2018. Crane modernized the mill. In 2022 the company installed water filters reducing water use by 5 lakh cubic meters per year. Improved cotton fiber reuse for pulp production. Uses security paper, a key feature of the banknote. Printing activity was moved to Malta in 2018.

 

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