Giesecke+Devrient GmbH (G+D), a subsidiary of MC Familiengesellschaft mbH, develops and manufactures security paper and currency automation equipment. The company also prints banknotes and securities and offers eSIM and IoT solutions. It develops and manufactures magnetic stripe cards and smartcards for the telecommunications, banking, and health services industries. G+D also provides security-related solutions including ID cards, travel documents, and e-government solutions for governments and public authorities.

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G+D’s R&D arm focuses on sustained research and development supported by targeted acquisitions, partnerships, and start-up investments to advance both new technologies (such as AI and quantum computing) and optimizations of existing solutions. The company strives to maintain portfolio viability through regular “fitness checks,” integrate hardware, software, and services, and pilot agile methods across teams to accelerate development and market rollout. G+D aims to embed sustainability by design alongside security by design, developing environmentally friendly and inclusive products while reducing operational carbon footprint. The company plans to institutionalize idea generation and IP creation via cross-departmental workshops, an AI office for use-case development, and coordinated innovation management through the Corporate Technology Office to translate concepts into implementable solutions. In FY2024, the company incurred expenses of EUR174.9 million on R&D, which as a percentage of revenue, stood at 5.5%.