Switzerland’s Orell Füssli wins contract to print Nicaraguan currency

Publicado em 27/03/2024

Orell Füssli Ltd., a Swiss company specializing in security printing, and including national currencies, has been awarded a contract for the printing and supply of banknotes for the Central Bank of Nicaragua (BCN).

Founded in 1519, Orell Füssli Ltd. is a globally recognized specialist in security printing technology, products, and solutions. Its services are personalized and primarily focus on the design, manufacturing, and supply of various security documents, such as national currencies, banknotes, passports, identification documents, and visas.

Central American law firm García & Bodán assisted the Swiss company throughout the process. The legal team provided support and advice in administrative law related to the terms and conditions of the bidding, ensuring a smooth, compliant, and correct process in the preparation and submission of the bid in accordance with Nicaraguan law.

The firm’s lawyers reviewed all the required local and foreign documents for the bidding submission, ensuring that the documents were legally executed.

“The main challenge was the application of complementary national legislation to the bidding terms, including the interpretation of the law on state administrative contracting, the civil code, and other Nicaraguan laws,” the law firm said in a statement.

García & Bodán’s team advising Orell Füssli was led by Terencio García, regional managing partner, with associate Valeska Fonseca of the firm’s Managua office.

Empresas mencionadas neste artigo

García & Bodán