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Giesecke & Devrient Halts Deliveries to the Reserve Bank of Zimbabwe
Giesecke & Devrient Halts Deliveries to the Reserve Bank of Zimbabwe
PR30956
MUNICH, July 2/ PRN=KYODO JBN/ --
The Management Board of Giesecke & Devrient GmbH,
Munich, today decided to cease delivering banknote paper to the Reserve Bank
of Zimbabwe with immediate effect.
The company has taken this step in response to an official request from
the German government and calls for international sanctions by the European
Union and United Nations.
"Our decision is a reaction to the political tension in Zimbabwe, which
is mounting significantly rather than easing as expected, and takes account
of the critical evaluation by the international community, German government
and general public," explains Dr. Karsten Ottenberg, Chairman of the
Management Board and CEO of Giesecke & Devrient GmbH.
In delivering banknotes and banknote paper, Giesecke & Devrient is
subject to strict rules defined by the World Bank. The company continues to
rely on the political and moral assessment provided by international trade
regulators.
About Giesecke & Devrient:
Giesecke & Devrient (G&D) is a technology leader in the field of smart
cards, providing smart card-based solutions for telecommunications,
electronic payment, healthcare, ID, transportation, and IT security (PKI).
G&D is also a leading producer of banknotes and security documents and is
dominant in the field of currency automation. Based in Munich, Germany, the
G&D Group maintains subsidiaries and joint ventures around the world. In
fiscal 2007, the Group employed close to 9,000 people and generated revenue
of almost EUR1.5 billion.
For more information, visit our website at http://www.gi-de.com.
Contact:
Barbara Kogler, Group Vice President Corporate Communications
Phone: +49-89-4119-3025, Fax: -1208
E-Mail: barbara.koegler@gi-de.com
Heiko Witzke, Head of Media Relations
Phone: +49 89-4119-2422, Fax: -1208
E-Mail: heiko.witzke@gi-de.com
Giesecke & Devrient GmbH
Prinzregentenstrasse 159, 81607 Munich, Germany
http://www.gi-de.com/press
SOURCE: Giesecke & Devrient GmbH
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- ( 2008年07月02日10時30分)
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