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

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

banknotes. The company was founded by

Sveriges Riksbank Sveriges Riksbank, or simply the Riksbank, is the central bank of Sweden. Founded in 1668, it is the world's oldest surviving central bank, and the third oldest bank in continuous operation. Prior to World War I, it was also the only state- ...

in 1755 to produce banknotes, 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, most populous city of Sweden, as well as the List of urban areas in the Nordic countries, largest urban area in the Nordic countries. Approximately ...

. The facility and its park were designated a

listed building In the United Kingdom, a listed building is a structure of particular architectural or historic interest deserving of special protection. Such buildings are placed on one of the four statutory lists maintained by Historic England in England, Hi ...

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, utilized in business transactions to indicate a reduction in the amount owed by a customer or owed to a supplier. If the customer returns goods to the seller, the invoice previously issued is ...

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 in American English) is a document that orders a bank, building society, 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 person writing ...

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 a royal title given to a male monarch. A king is an Absolute monarchy, absolute monarch if he holds unrestricted Government, governmental power or exercises full sovereignty over a nation. Conversely, he is a Constitutional monarchy, ...

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 Currency - Tumba
- Official site Manufacturing companies of Sweden Banknote printing companies Companies based in Stockholm County Tumba, Sweden {{Sweden-company-stub