Louisenthal is a leading manufacturer of banknote substrates, security papers and security features. Its products are used globally by more than 100 central banks and governments, including the ECB. Louisenthal also offers comprehensive security and services around plant engineering, from the planning stage to the commissioning of production plants. Louisenthal’s portfolio comprises banknote security and durability technologies which meet the security and automation requirements of issuers, the commercial sector and the public. Substrate-embedded features such as watermarks, threads and foil stripes showing optically variable and dynamic effects, recognisable both by the public and by central banks, are part of its portfolio. With Hybrid™, LongLife™ and cotton the company also offers a variety of substrates for banknote and security papers. Louisenthal employs approximately 1100 staff at its production sites in Gmund at Lake Tegernsee (paper and foils) and in Königstein near Dresden (paper). It is a subsidiary of the German technology company Giesecke+Devrient Currency Technology GmbH.