By: David GrňoHotel Academy, Bratislava

the oldest continuously manufacturing enterprise

in Slovakia

one of the oldest manufacturing enterprises in the

world

it has been minting coins for over 700 years

was among the major mining towns of the world

during the Middle Ages

abundant gold ore deposits

in 1328 the Ugrian King Charles Robert of Anjou

promoted mining and the settlement of

Cremnychbana to a free royal town and founded a

mint there

in 1328 coiners from the Czech town of Kutna Hora

came to Kremnica

Ugrian grosh was the first silver coin minted there

In the 1330s, launching of gold coin minting

the Ugrian florin - Kremnica ducat- the strongest

currency in Central Europe in the Middle Ages.

in the 14th century the mint ranked among the

largest production companies in Europe

Kremnica became the capital of the mining towns

in Hungary

in the 16th century – the town was a major centre

of production of medals

in the 15th century – changes in currency system

minting of heavy silver coins – Talers, the official

currency of the Hungarian Monarchy.

Denars for for the day-to-day needs of the people

of the monarchy

un 17th century – the introduction of cylinder coin

machines

un 19th century -the first automatic Uhlhorn

striking machines

a reduction machine enabling the creation of a

miniature copy into and iron die from the model

in 1918 - the disintegration of the Austro-Hungarian

Monarchy

the Hungarian army had taken all the machinery

equipment and metal stock

The Kremnica Mint used the new electric driven

machines

new Czechoslovak currency was launched here in

1921

during the Second World War – coining machines

were destroyed

after the war one-crown coins of the renewed

Czechoslovak Republic were started to be struck

state enterprise of the Slovak Republic

clients from every continent around the world

produces commemorative and collector coins

made of precious metals

clients are from Czech Republic, Ukraine, Cyprus,

Bangladesh, Turkmenistan, Albania, Kyrgyzstan,

Argentina, Paraguay, Uruguay and Moldavia

Ranks among the oldest continually working

companies in the world with its

700 year tradition