After the extinction of the domestic Babenberg dynasty, the Bohemian king and Moravian margrave Přemysl Otakar II († 1278) came to power in Austrian Lands. He gradually seized control over Lower and Upper Austria, Styria, Carniola and Carinthia. His policy was to ensure economic development: founding cities, protecting trade routes and minting coins. The government of Přemysl Otakar II gradually took over the existing mints in the area. The Bishop of Olomouc Bruno of Schauenburg († 1281), the administrator of Styria in 1262-1268, probably also minted coins in Styria at that time. Coin minting in the Alpine countries was part of the monetary development in which Přemysl Otakar II continued in the footsteps of the last Babenbergs.