Korea Minting and Security Printing Corporation

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Korea Minting, Security Printing and ID Card Operating Corporation

Company type	State-owned
Industry	Mint and Printing
Founded	1 October 1951; 73 years ago (1951-10-01)
Headquarters	Gajeong-dong, Yuseong-gu, Daejeon, South Korea
Key people	Sung Chang Hoon, President
Products	Banknote Coin Passports Cashier's cheques Postage stamps Vouchers and gift certificates
Number of employees	1,562
Website	english.komsco.com

Korea Minting and Security Printing Corporation
Hangul	한국 조폐 공사
Hanja	韓國造幣公社
Revised Romanization	Hanguk Jopye Gongsa
McCune–Reischauer	Han'guk Chŏp'ye Kongsa

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

"Greeting < KOMSCO < KOMSCO".

External links

(in English and Korean) KOMSCO official site

v t e Economy of South Korea
History	Five-Year Plans of South Korea Heavy-Chemical Industry Drive Miracle on the Han River Four Asian Tigers 1997 Asian financial crisis South Korea–Japan trade dispute
Currency	Won (1945–1953) Hwan (1953–1962) Won (1962–) Korea Minting and Security Printing Corporation Bank of Korea
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Government agencies	Ministry of Economy and Finance Ministry of Employment and Labor Ministry of SMEs and Startups Ministry of Trade, Industry and Energy Fair Trade Commission Financial Services Commission Financial Supervisory Service
Organizations	Federation of Korean Industries Korea International Trade Association
Related topics	Billionaires Chaebol Companies Largest companies International rankings Regions by GDP Seoul
See also: Economy of North Korea

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