kremnica, slovakia - case study presentation.pptx
TRANSCRIPT
Importance
⬜ 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
Kremnica town
❖ 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
Beginning of minting
❖ 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.
Golden Kremnica
❖ 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
Decrease in gold exploitation
❖ 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
Increase of productivity
❖ 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
The mint in Czechoslovakia
❖ 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
Dissolution of Czechoslovakia (1993)
❖ 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