Állami Nyomda Nyrt, a Hungarian printer that makes the country's election ballots, won a government order worth Ft 100 million ($520,644) to print identification cards for Ireland's labor authority.
Budapest-based Állami Nyomda will make the cards for Ireland's National Training and Employment Authority, the company said in a statement to the Budapest Stock Exchange today. The picture IDs will have security features such as holograms, the company said. Állami Nyomda is eastern Europe's second-largest security printer by sales behind Poland's state-owned PWPW SA. The Hungarian company's clients include governments, banks and phone companies in Albania, Bulgaria, Hungary, Poland, Romania, Russia and Slovakia. The shares fell 1.8% to Ft 8,200 as of 1:04 p.m. in Budapest, declining for the first session in five. They have gained 36% in the past 12 months, compared with a 9.2% advance by Hungary's benchmark BUX Index. (Bloomberg)