After the Austro-Hungarian Compromise of 1867, the first independent Hungarian government was formed and the legal predecessor of its state printing house, a branch of the Viennese Imperial and Royal Court and State Printing House, was established by the Austrian government in Timișoara after the suppression of the Hungarian Revolution of 1848 and Independence War.
In 1869 the government decided to merge the two printing houses, as it was necessary to solve the domestic production of fee stamps.
Due to the merger and development, proper conditions were realized for the fast and reliable production of fee stamps, a process that is confidential until publication.
After the war, the documents of the post and the railway were printed again, as well as state forms, bonds, and lottery tickets.
Due to the investment in 1957, the capacity was expanded, quality improved and the production of multicolour printed stamps was started.
After the Austro-Hungarian Compromise of 1867, the Hungarian government needed to pay for postal and office fees with its own stamp to emphasize national sovereignty and for financial, and administrative reasons.
The fee stamps were produced in Hungary from 1869 in the State Printing House was managed by the independent Finance Ministry.
State Printing House started international expansion in 2005 when it founded joint ventures with partners in Romania and Bulgaria, and subsidiaries in Slovakia and Russia.
[1][2] With state ownership below 5% for the last 20 years, according to the Articles of Association and the related legal provisions, the board of directors decided to change the company's name.