Casa da Moeda do Brasil

The Casa da Moeda do Brasil is the Brazilian mint, owned by the Brazilian government and administratively subordinated to the Ministry of Finances.[1] It was established in 1694.[2] Its current headquarters and industrial facilities occupy a modern plant with 110,000 square metres (1.2 million square feet) in Rio de Janeiro's western suburb of Santa Cruz.[3]

Coin House of Brazil
Casa da Moeda do Brasil (CMB)
Agency overview
FormedMarch 8, 1694 (March 8, 1694) by D. Pedro II of Portugal
HeadquartersRua René Bittencourt, 371, Rio de Janeiro, Brazil
Agency executive
  • Alexandre Borges Cabral, President
Websitewww.casadamoeda.gov.br

It produces legal tender coins and banknotes. It also produces medals and security prints (i.e., passports, subway tokens, postage stamps) that are used and issued by government-run service providers. Having the highest technology and production capacity in South America, until the 1980s it also produced coins, banknotes and passports for several South American and African countries that lacked a similar facility. It is now aiming to return to the foreign market. However, cases of corruption and deficiencies in its products have tarnished its image at the international market.[4][5]

See also

References
  1. "Privatization – Brazilian National Mint". Programa de Parcerias de Ivestimentos (PPI). Archived from the original (html) on 16 October 2019. Retrieved 16 October 2019. The Brazilian Mint - CMB is a non-dependent public corporation, incorporated under Law No. 5.895, dated June 19, 1973, linked to the Ministry of Finance, with legal personality under private law, and its capital is wholly owned To the Union. It has as its main activity, on an exclusive basis, the manufacture of paper money, metallic money and the printing of postage stamps, federal tax and federal government debt, as well as the production of Brazilian passports.
  2. "Bolsonaro firma decreto para privatizar Casa de la Moneda de Brasil" [Bolsonaro signs decree to privatize the Brazilian Mint]. Últimas Noticias (in Spanish). 15 October 2019. Archived from the original (html) on 16 October 2019. Retrieved 16 October 2019. Fundada en 1694, en la Casa de la Moneda se imprimen los billetes y monedas del real brasileño, así como pasaportes, sellos y diplomas; institución que, hasta el momento, respondía al Ministerio de Hacienda
  3. Carvalho da Silva, Carlos Alberto. "Casa da Moeda do Brasil - Histórico" [Brazilian Mint - History]. Casa da Moeda do Brasil (in Portuguese). Archived from the original (html) on 6 July 2011. Retrieved 16 October 2019. Um novo complexo industrial, que hoje representa um dos maiores do gênero no mundo, foi especificamente projetado, construído e inaugurado em 1984, no Distrito Industrial de Santa Cruz, Zona Oeste do Rio de Janeiro. Essas modernas instalações ocupam cerca de 110.000 metros quadrados de área construída, em uma área de terreno de cerca de 500.000 metros quadrados.
  4. "ZRA awards contract to Swiss firm banned in other countries". Zambia Watchdog. 6 August 2019. Archived from the original (html) on 7 August 2019. Retrieved 16 October 2019. Former SICPA Executive Vice President Charles Nelson Finkel was found guilty of the bribery charges. Finkel, who has American and Brazilian citizenship, paid $14.5 million in bribes to a fiscal auditor in order to secure Sicpa a contract worth more than $1 billion with the Brazilian Mint between 2010 and 2015.
  5. Chen, Liu (21 May 2017). "Over 100 defective Rio Olympic medals returned to Brazilian Mint". CGTN. Archived from the original (html) on 16 October 2019. Retrieved 16 October 2019. However, nine months after the Games ended, the troubles continue. On Friday, Reuters reported nearly 130 medal winners found their medals rusted, chipped, and some parts, “falling to pieces” The medals are mostly bronze, and some are from the Paralympics. They are now being fixed by the Brazilian Mint.
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