Currency services: De La Rue

Printing doyen expanded capacity, functionality and market share amid corporate turnaround

De La Rue Sri Lanka
De La Rue Sri Lanka

When the Covid-19 pandemic befell the world, De La Rue was already in intensive care. After the loss of a contract to print UK passports in 2019 and an unpaid bill of £18 million ($24.1 million) from the Central Bank of Venezuela, the printing company admitted “significant doubt” about its ability to survive that November. Since then, De La Rue has undergone a major restructuring to return it to sound financial health. It has also focused on developing its core currency unit, making noteworthy

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