Joh. Enschedé will stop printing banknotes

The Royal Dutch Joh. Enschedé will stop the printing of banknotes. For more than three centuries the Haarlem printers were mainly known for printing banknotes. After many reorganizations it is exactly this part of the company which will cease to exist. A surplus in the world market is said to be the reason. About 100 employees will lose their jobs. From the beginning of 2017 the production of banknotes will gradually decrease. Joh. Enschedé will continue to produce special products such as stamps, visa and tax labels. The printer will also focus on services such as brand protection and anti-counterfeit.