Goznak traces back its history to the Expedition of Storing State Papers which was founded in 1818, August, 21 by the order of Alexander I.
During the Patriotic war of 1812, Napoleon’s army flooded the country with huge amount of counterfeited banknotes (5.6 million of counterfeited rubles were detected during 1813 – 1817). Duke Dmitry Guriev, the Minister of Finance, brought up an issue of necessity of establishing a specialized banknote production. Augustin de Betancourt, architect and engineer, was entrusted to supervise the construction.
New enterprise united all stages of money production from papermaking and design to banknote printing. The Expedition’s success was distinguished with international awards many times. In the second half of the 19th century products of the Expedition were awarded for their technical and artistic excellence at the World Exhibitions in London, Vienna, Paris and Copenhagen.
In 1919, the Expedition was reorganized and acquired the name of Goznak.
JSC Goznak today
Today Goznak successfully competes in the Russian and international markets of security product manufacturers.
Goznak consists of 8 enterprises: the Moscow Printing Factory, the Perm Printing Factory, the Moscow Printing House, the Saint Petersburg Paper Mill, the Krasnokamsk Paper Mill, the Moscow Mint, the Saint Petersburg Mint and the Scientific Research Institute.
Goznak sucessfully carries out the whole cycle of banknote and secured paper production as well as production of token and commemorative coins, state awards of the Russian Federation, security papers and ID documents.
In 2016, the procedure of reorganizing of Federal State Unitary Enterprise “Goznak” into Joint Stock Company “Goznak” with 100% of shares remaining the state property, was accomplished.