Tenders, Contracts and MOUs

• Danmarks Nationalbank has signed an agreement with FNMT–RCM for the production of Danish coins over the next four years.

The Bank previously had a contract with the Mint of Finland, dating back to 2017 when it closed its own mint. The contract expired in 2024 and, in any case, the Mint of Finland will shortly be closing down.

As a result, Danmarks Nationalbank initiated a EU tender to identify a new supplier. And FNMT was chosen as their bid was the most favourable. Evaluation criteria included price, quality and corporate social responsibility.

The first order will be for 1, 2, 5, 10 and 20 kroner coins, which will be updated with motifs depicting HM King Frederik X in place of his mother, Queen Margrethe II, whose effigy appears on current coins but who abdicated in favour of her son last year. The first of these are expected to enter circulation in late 2025.