Security Printing and Minting Organization (SPMO; Persian: سازمان تولید اسکناس و مسکوک, romanized: sāzmān-e towlid-e eskenās va maskuk, lit.
[8][9] It was constructed at the place of a former cotton factory in northern Tehran, and used French machinery[10] while the original building was built by the Belgians.
[11] Senior Münze Österreich official, Franz Pechan von Prägenberg, contributed to technically operate the mint.
[13] Iranian banknotes were not printed by the organization until 1982;[14] instead they were outsourced abroad to Bradbury Wilkinson and Company, Waterlow and Sons, American Bank Notes Co and De La Rue.
[15] Koenig & Bauer reportedly refused to provide the organization with equipment in 2012.