The Mint of Poland Group has published its financial results for the first two quarters of this year. In the reporting period, the consolidated sales revenues reached PLN 757.7 million while the consolidated net profit stood at PLN 36.6 million. Amid the dynamically changing market environment, the Company’s financial liquidity has remained stable.

Starting from this May, public transport users in Wroclaw, Bydgoszcz, Gdansk and Lodz can pay for their tickets with ‘contactless BLIK’. This instant mobile payment option is now available in mobile validators operated under the Mint of Poland’s Open Payment System (OPS) and in traditional ticket vending machines (TVMs). In Warsaw, thanks to the Mint of Poland’s new solution, contactless BLIK payments can now be made in stationary and mobile TVMs installed in buses and trams. What’s more, in all these cities Diners and Discover card payments are also now accepted.

Mint of Poland Group, via a subsidiary, is entering a new strategic area of operations. On 18 May, a contract was signed with Alcatel Submarine Networks, part of Nokia, to build a submarine fibre optic cable as part of the cable system linking Europe with the Middle East. The value of the contract is USD 91.5 million. More contracts will be signed soon, with the total value of the project amounting to USD 190 million. The system is scheduled to be ready for service in mid-2024.

The Mint of Poland Group has released its consolidated statements for the first quarter of this year. In the reported period, the Group generated consolidated sales revenues of PLN 460.6 million, up by PLN 181 million from a year earlier. At the same time, the consolidated net profit reached PLN 22.9 million, while the consolidated EBIDTA stood at PLN 30.5 million.

The Central Bank of the Dominican Republic has awarded a new contract for the production of circulation coins to the Mint of Poland. Under the contract, with the total value in excess of EUR 12 million, altogether 110 million coins of various denominations will be manufactured in the Company’s state-of-the-art production plant in the Warsaw neighbourhood of Annopol. Another tender victory confirms the Mint of Poland’s strong position in the international markets.

“Crystal Scarab”, “Triton”, “In Victoria” and “Alter Ego” – these are the latest additions to the wide range of highly-unique and sought-after collector coins available in the Mint of Poland’s online shop. Minted from the finest silver, they will certainly appeal to both seasoned collectors and those looking for an original gift idea. All the newly-launched coins have been designed with great attention to detail and manufactured using the most modern production techniques like crystal embossing, gilding and copper plating.

The Mint of Poland has successfully renewed its PCI Data Security Standard Merchant Level 1 certification for another year. This confirms the maximum security of the Company’s innovative electronic payment solutions for quick and comfortable cashless payments and their compliance with the restrictive requirements set by the leading international card payment organizations.

The Mint of Poland Group has released its consolidated financial statements for Q4 2021 and for FY 2021. Cumulatively after the four quarters of 2021, the Group’s sales revenues exceeded PLN 1.3 billion. Excluding one-offs and in relation to the very high base from previous year, the FY 2021 consolidated net profit was up by PLN 12.2 million, the FY 2021 consolidated result on sales – by PLN 9 million, and the FY 2021 consolidated EBITDA – by PLN 11.9 million.

The Mint of Poland has released a new collector coin – “Solidarity with Ukraine”. All sale proceeds will be donated to an organization providing humanitarian aid to those suffering and escaping from the war in Ukraine. From today, the coin can be pre-ordered by phone and, from April, it can be bought online.

The Mint of Poland has become the new sponsor of the Polish Second League Football Club Motor Lublin. Under the agreement signed early March, the sponsorship money may be used for the realization of the Club’s strategic objectives. This includes strengthening the current position of Motor Lublin in the league as well supporting the development of the Club’s players.

The Mint of Poland has received the Visa Ready certification in the MTT category ‘Transit – Back Office’. This confirms that all the Company’s services related to the performance of cashless payment transactions in public transport meet the strictest requirements of this world-leading international payment organisation. This applies to Visa’s standards for security and convenience of use.

Today, the Mint of Poland has opened its new shop in Wroclaw, the capital city of the south-eastern District of Lower Silesia. With its wide range of products on offer, the shop caters to the needs of both investors looking for gold investment opportunities and coin collectors, but also of those hunting for original gift ideas.

Almost PLN 250,000 will contribute to meeting the objectives of the Great Orchestra of Christmas Charity Foundation through the involvement of the Mint of Poland in the 30th Grand Finale of the country’s major charity fundraiser. This year, always twice as much money was raised as the year before. Over the last five years, we have donated a total of almost half a million zlotys to this noble initiative!

Only this year, the Mint of Poland has opened three new points of sale all around the country to respond to the strong demand for gold investment products. The interest in gold has remained consistently high for quite some time now as investors see it as a safe haven amid the storm of uncertainty that also offers the potential of generating a profit in the long-term.

Soon, the residents of Poznań and the visitors to the capital of Greater Poland Region will be able to pay cashless for public transport tickers with the Mint of Poland’s proprietary Open Payment System (OPS). Using the OPS, the fare can be paid on board the bus or tram with a contactless payment card or a smartphone with HCE or NFC technology. The contract between the city and the Mint of Poland was signed for 5 years as from the date of implementation, which is planned for the end of August 2022.

The Mint of Poland has commenced the construction and commercialisation of the sixth building in the multi-stage “Bulwary Praskie” residential scheme. The building’s general contractor is FB Antczak. The first stage of the project, comprising six apartment buildings in total, is scheduled for completion in Q2 2023.

Public transport users in Bydgoszcz are the first ones in Poland to be able to prove they have purchased a season ticket in two ways – the new mobile app “Mint Mobile Bydgoszcz” or one of three ID cards assigned to the mobile card wallet (a travelcard, an electronic student ID or a bank card). The app is already available on AppStore and soon will also be available on Google Play.

The Mint of Poland Group has summed up its performance in the first three quarters of the year. Year-on-year, the consolidated sales revenue was up by nearly PLN 330 million, while the consolidated net profit grew by over PLN 74.4 million and the consolidated EBITDA – by nearly PLN 50 million.

The Mint of Poland has won another accolade for its pioneering payment solutions at the International Fair of Public Transport TRANSEXPO. This time, the jury of industry experts commended the Company’s innovative season-ticket-on-bank-card scheme in the category “Payment Collection Systems”.

Held once every five years only, the International Fryderyk Chopin Piano Competition is one of the highlights of the year for all classical music lovers around the world. In recognition of their talent, passion and commitment, this year the Mint of Poland funded for all laureates of the prestigious competition one-ounce gold coins with the image of this famous Polish composer and virtuoso pianist.