Tumba Bruk was the printing company responsible for the manufacturing of the

Swedish krona The krona (; plural: ''kronor''; sign: kr; code: SEK) is the official currency of the Kingdom of Sweden. Both the ISO code "SEK" and currency sign "kr" are in common use; the former precedes or follows the value, the latter usually follows it ...

banknotes. The company was founded by

Sveriges Riksbank Sveriges Riksbank, or simply the ''Riksbank'', is the central bank of Sweden. It is the world's oldest central bank and the fourth oldest bank in operation. Etymology The first part of the word ''riksbank'', ''riks'', stems from the Swedish w ...

in 1755 to produce

banknotes A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued ...

, making it the world's oldest factory of its kind. In 2002, the company was sold to the current owner, banknote paper supplier Crane & Co. It is located in Tumba, close to

Stockholm Stockholm () is the Capital city, capital and List of urban areas in Sweden by population, largest city of Sweden as well as the List of urban areas in the Nordic countries, largest urban area in Scandinavia. Approximately 980,000 people liv ...

. The facility and its park was designated a

listed building In the United Kingdom, a listed building or listed structure is one that has been placed on one of the four statutory lists maintained by Historic England in England, Historic Environment Scotland in Scotland, in Wales, and the Northern Irel ...

in 2001.

Background

In 1661, Sweden's first banknotes were produced by Stockholm Banco which were used as

credit note A credit note or credit memo is a commercial document issued by a seller to a buyer. Credit notes act as a source document for the sales return journal. In other words, the credit note is evidence of the reduction in sales. A credit memo, a con ...

s for its customers. These notes soon became worthless, however, when Stockholm Banco went bankrupt in 1668, and banknotes were subsequently prohibited. Banknotes received a second chance in 1701 when the predecessor to Sveriges Riksbank started handing out ''transportsedlar,'' notes that worked in a similar way to modern

cheque A cheque, or check (American English; see spelling differences) is a document that orders a bank (or credit union) to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The pers ...

s. These notes were easily forged, since the paper used for the production of the notes was imported, and these transports were often hijacked. In order to combat this,

King King is the title given to a male monarch in a variety of contexts. The female equivalent is queen, which title is also given to the consort of a king. *In the context of prehistory, antiquity and contemporary indigenous peoples, the tit ...

Adolf Frederick ordered the construction of a proper paper production facility on the grounds of present day Tumba Bruk on 23 June 1755. Paper production on a smaller scale had been going on since 1750.

References

External links

Crane AB
- Official site Manufacturing companies of Sweden Banknote printing companies Companies based in Stockholm County {{Sweden-company-stub