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Setec manufactures products that require extreme security, including passports and ID cards (59% of turnover), EMV cards (27% of turnover), and SIM cards (14% of turnover). The company was founded in 1991 and operates in Finland, Sweden, Denmark, Poland, and Thailand. It has 353 employees, mostly in Finland, and turnover last year was EUR 58.5 million, with an operating profit of around EUR 4 million.