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Istituto Poligrafico e Zecca dello Stato

Italian mint


Italian mint

FieldValue
nameIstituto Poligrafico e Zecca dello Stato S.p.A.
typesocietà per azioni
imageSede IPZS via Salaria.jpg
image_captionIPZS headquarters in Rome
industry
founded
hq_location_cityRome
hq_location_countryItaly
area_servedItaly, San Marino, Vatican City
key_people
products
revenue€372,574 million
revenue_year2017
net_income€49.765 million
net_income_year2017
ownerItalian Ministry of Economy and Finance
num_employees1,736
num_employees_year2017
website

The Italian Istituto Poligrafico e Zecca dello Stato (IPZS; State Mint and Polygraphic Institute), founded in 1928, is situated at the via Salaria 691 in Rome. As well as producing coins, passports, and postage stamps for Italy, it serves the micro-states of the Vatican City, San Marino, and the Sovereign Military Order of Malta. It also publishes books under the imprint Libreria dello Stato.IPZS – prodotti Libreria dello Stato The O.C.V. (Officina Carte Valori) and traditional productions factory, the multimedial production institute and the Mint are also located in the capital. Other factories are located in Verrès, Val d'Aosta, and Foggia, Apulia. Banknotes are produced by the Bank of Italy.

In 2002, IPZS became a public limited company (società per azioni or SpA) with the Italian Ministry of Economy and Finance (Ministero dell'Economia e delle Finanze) as sole shareholder.

History

On 27 December 1911, the Italian mint was officially inaugurated by king Victor Emmanuel III in the seat located in via Principe Umberto, on the Esquiline. But in 1907, Victor Emmanuel founded the Scuola dell'Arte della Medaglia (SAM) ('School of the Art of Medalmaking') in the old location of the mint. The school trained new artists about carving and modelling techniques and its attendants would later manufacture real coins: it is still nowadays a unique example in the world of didactic and creative formation inside a mint.

In 1928, the Istituto Poligrafico dello Stato ('State Polygraphic Institute') was established and in 1978 acquired the mint section, under president Rosario Lanza, becoming the Istituto Poligrafico e Zecca dello Stato. In 1982, it became the first mint to manufacture bi-metallic coins through a patented process. In 2025, it was announced that the IPZS would produce the Olympic medals for the 2026 Winter Olympics and 2026 Winter Paralympics.

Functions

IPZS prints official state publications like the Gazzetta Ufficiale, state marks and seals, postal stamps and manufactures coins. IPZS designs anti-counterfeiting and security systems for identity cards, electronic passports, driving licenses and residence permits. It manufactures vehicle registration plates and manages institutional sites and databases.

Since 2001, the CNAC (Coin National Analysis Centre) has been established in the Mint and it analyses counterfeit coins delivered by obliged subjects in Italy, San Marino and Vatican City. According to the Italian law n° 27 of 24 March 2012, CNAC has additional tasks and functions which derive from the application of the EU Regulation 1210/2010. CNAC receives coins not suitable for circulation, carries out tests using specific instruments (art. 5 of the aforesaid regulation), does the annual controls according to the article 6 of the aforesaid regulation (commas 2 and 6) and trains the personnel involved in the authentication process. It is a member of the European group of sophistication of the OLAF, headed by OLAF/ETSC (European Technical and scientific Centre) and formed by 27 European CNACs, Europol and the European Central Bank.

Identity documents

IPZS designs, manufactures, operates, and develops the software infrastructure required for issuing identity documents, such as the electronic identity card, the electronic passport, and the electronic residence permit. The integrated management of production, issuance, and verification processes for products that attest citizens' identity and the authenticity of identification documents, of which the State is the guarantor, constitutes a safeguard for security and public trust.

CIE 3.0

The new Electronic Identity Card (CIE) guarantees a citizen's physical and digital identity and enables access to online services of public administrations and private providers, including within the EU. In 2019, IPZS developed the CIE ID application, which allows users to authenticate via "Entra con CIE" and connect to key public services using their smartphone. In 2018, the rollout of the workstations used to issue the document was completed in all Italian municipalities, and since 2019 the issuance of the CIE abroad has also begun on an experimental basis.

Anti-counterfeiting and traceability

Products that are fundamental to protecting public health such as pharmaceutical security seals, tobacco tax stamps, and designation-of-origin (D.O.) wine seals for the grape-wine supply chain are produced by IPZS using complex printing techniques and are equipped with sophisticated systems to guarantee the authenticity of a product's origin and its traceability throughout its entire life cycle.

As a joint initiative between IPZS and the Banco d'Italia, in 2018 the subsidiary Valoridicarta S.p.A. was established to produce, under an in-house providing model, special security papers and security and/or anti-counterfeiting elements/products, with particular reference to banknote paper and identity documents.

In 2024, IPZS promoted the "Made In Italy Innovation Challenge" in collaboration with Codemotion, a hackathon aimed at developing technological solutions to protect "Made in Italy" products. The winning project, Checkmate, combined blockchain, artificial intelligence, and physical security features to improve traceability and ensure product authenticity.

Social and environmental sustainability commitments

In line with the international, European, and national context in which it operates and in light of the challenges posed by climate change and the rise of new circular economy models, IPZS pursues the following improvement directions:

  • Life-cycle analysis of the current product portfolio and the design of new products from a circular economy perspective;
  • Responsible purchasing processes (supplier sustainability assessments as a rewarding criterion in procurement, and shortening the supply chain);
  • Increasing energy independence through self-generation and the use of renewable sources;
  • Adoption of active policies aimed at carbon neutrality;
  • Company-wide rollout of worker-safety systems based on virtuous behaviors (BBS – Best Behaviour Safety);
  • Reducing the environmental footprint of products and production processes.

Economic indicators

The company's revenue amounted to €360 million in 2013, while in fiscal year 2018 it reached €460 million, with an average annual growth rate of 4%. Operating EBITDA in 2018 reached €178 million (around 38% of revenue); in 2013 this indicator was just over €110 million. i.

Managers

PeriodRole and nameNotes
2025 -
(Term of office 2025-)url=https://www.milanofinanza.it/news/istituto-poligrafico-e-zecca-dello-stato-il-nuovo-amministratore-delegato-e-michele-sciscioli-202506201925108683?refresh_censtitle=Istituto Poligrafico e Zecca dello Stato, il nuovo amministratore delegato è Michele Sciscioli }}
2023–2025
(Term of office 2023 – 2025)
2020–2023
(Term of office 2020 – 2023)
2017–2020
(Term of office 2017 – 2019)
2014–2016
2011–2013
2008–2010
2007–2009
2004–2006
2002–2004

References

References

  1. (31 December 2017). "Bilancio al 31 dicembre 2017".
  2. "Istituto Poligrafico e Zecca dello Stato - Portale".
  3. "School of the Art of Medalmaking".
  4. "LEGGE 20 aprile 1978, n. 154".
  5. "History of Bimetallic Coins".
  6. (15 July 2025). "Italy showcases medals for 2026 Winter Games".
  7. {{CELEX. 32001R1338
  8. (10 March 2009). "Competent national authorities referred to in Article 2(b) of Council Regulation (EC) No 1338/2001". Publications Office of the EU.
  9. "LEGGE 24 marzo 2012, n. 27".
  10. {{CELEX. 32010R1210
  11. Stato, Istituto Poligrafico e Zecca dello. "Passaporto Elettronico Italiano - Documento Sicuro per Viaggiare {{!}} IPZS".
  12. Stato, Istituto Poligrafico e Zecca dello. "Permesso di soggiorno elettronico {{!}} IPZS".
  13. Istituto Poligrafico e Zecca dello Stato. "Istituto Poligrafico e Zecca dello Stato - Portale".
  14. Stato, Istituto Poligrafico e Zecca dello. "Carta di Identità Elettronica (CIE) - Identità Digitale Sicura {{!}} IPZS".
  15. Stato, Istituto Poligrafico e Zecca dello. "Anticontraffazione e tracciabilità - Diamo valore alle eccellenze italiane {{!}} IPZS".
  16. S.p.A, Istituto Poligrafico e Zecca dello Stato. "Hackathon {{!}} IPZS".
  17. ""Made in Italy Innovation Challenge" online hackathon".
  18. Codemotion. (2024-05-27). "Gran finale dell'Hackathon "Made in Italy Innovation Challenge" con Codemotion e l'Istituto Poligrafico e Zecca dello Stato".
  19. S.p.A, Istituto Poligrafico e Zecca dello Stato. "Portali per la Pubblica Amministrazione {{!}} IPZS".
  20. (January 2026)
  21. "Istituto Poligrafico e Zecca dello Stato, il nuovo amministratore delegato è Michele Sciscioli".
  22. (2017). "Organi indirizzo politico – Consiglio di amministrazione".
  23. "Bilancio 2013".
  24. (31 December 2010). "Bilancio 2010".
  25. "Nomina CDA 2007".
  26. (6 July 2005). "Poligrafico dello stato – Si dimette il presidente".
  27. (3 February 2006). "Comunicato stampa".
  28. "Curriculum vitae – Giovanni Fiori".
  29. "Nomina CDA 2002".
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