GÖTEBORG, Sweden--(BUSINESS WIRE)--Regulatory News:
The Gunnebo Security Group (STO:GUNN) has, through its subsidiary Gunnebo Spain, won a contract to secure a banknote factory belonging to the Spanish Royal Mint. The order value amounts to some €1.8 million.
The plant is located in Burgos in Northern Spain and houses a paper mill where banknotes are printed. Security is clearly a top priority so the Royal Mint turned to Gunnebo to provide armoured panels for a very ambitious project. The goal: to completely shield the banknote factory and warehouse.
“Safes & Vaults is Gunnebo’s largest and oldest business,” comments Henrik Lange, Gunnebo’s President & CEO. “Through the well-known brands, Fichet-Bauche and Chubbsafes, Gunnebo is a worldwide market leader in providing graded safes and vaults. I think this order is a good example of our strength within this product group: we develop our own complex graded products in combination with unique project and installation competences.”
Gunnebo will supply and install over 2,300 square metres of Grade 4 vault panels which have been specially designed for the job in hand to reinforce the interior and exterior of the building. Installation will start during the third quarter of 2015, and is expected to be competed in the first quarter of 2016.
Being able to deliver within a short timeframe was one of the major reasons for winning the project as was being able to offer vault panels certified in accordance with specific European certification standards (EN 1143-1).
GUNNEBO AB (publ)
Group Communications
The Gunnebo Security Group is a global leader in security products, services and solutions with an offering covering cash handling, safes and vaults, entrance security and electronic security for banks, retail, CIT, mass transit, public & commercial buildings and industrial & high-risk sites.
The Group has an annual turnover of €610 million, employs 5,700 people and has sales companies in 32 countries across Europe, Middle East & Africa, Asia-Pacific and the Americas as well as Channel Partners on over 100 additional markets.
We make your world safer.
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