Korea Minting and Security Printing Corporation

Korea Minting, Security Printing and ID Card Operating Corporation

Company type	State-owned
Industry	Mint and Printing
Founded	1 October 1951; 72 years ago (1951-10-01)
Headquarters	Gajeong-dong, Yuseong-gu, Daejeon, South Korea
Key people	Sung Chang Hoon, President[1]
Products	Banknote Coin Passports Cashier's cheques Postage stamps Vouchers and gift certificates
Number of employees	1,562
Website	english.komsco.com

The Korea Minting, Security Printing and ID Card Operating Corporation (KOMSCO; Korean: 한국조폐공사) is a state-owned corporation which is responsible to print and mint the banknotes and coins and other government documents. Its headquarters are located in Daejeon, South Korea.

The Korea Minting and Security Printing Corporation (KOMSCO) is responsible for the production and distribution of various security products in South Korea. Among its primary outputs are banknotes, checks, stamps, securities, bonds, and gift certificates. KOMSCO supplies these items to several key institutions and entities within the country, including the Bank of Korea, the Ministry of Economy and Finance, the Korea Federation of Banks, and the Korea Post. Additionally, it serves major distribution conglomerates such as Shinsegae, NongHyup, KEB Hana Bank, Dong-A Pharmaceutical, Homeplus, and GS Caltex, ensuring a wide-reaching impact on the nation's financial and security printing industry.

The Korea Minting and Security Printing Corporation (KOMSCO) also plays a significant role in the production and supply of coins and specialized security products. This includes the manufacturing of circulation coins, commemorative coins, medals, various precious metal products, and decorations. These items are supplied to several important institutions such as the Bank of Korea, the Ministry of the Interior and Safety, major corporations, and leading universities.

Medals and decorations are produced at the Currency Headquarters located in Gyeongsan. KOMSCO manufactures and supplies the government with twelve types of decorations, including the prestigious Order of the Mugunghwa. In the field of medals, KOMSCO has produced a variety of commemorative medals for the government, including Olympic medals, as well as promotional medals, art medals, long service medals, and replicas of cultural heritage items.

Products

The main job of KOMSCO is printing and minting the South Korean currency. Currently the 1000, 5000, 10,000, 50,000 KRW banknotes and the 1, 5, 10, 50, 100, 500 KRW coins are minted and printed by the currency plant of KOMSCO. Also, they produce all South Korean cheques, stamps, and passports. KOMSCO currently produces four bullion coin series; Komsco Tiger series, Chiwoo Cheonwang, Zi:Sin, and the K Series.

References

External links

• (in English and Korean) KOMSCO official site

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This page was last edited on 13 April 2024, at 00:20