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                                                                     EXHIBIT 23





                       CONSENT OF INDEPENDENT ACCOUNTANTS

         We hereby consent to the incorporation by reference in the
Prospectuses constituting part of the Registration Statements on Form S-8 (No.
33-20611 and No.  33-30455) and the Registration Statements on Form S-3 (No.
33-33104, No.  33-42265 and No.  33-41586) of Baldwin Technology Company, Inc.
of our report dated August 19, 1994 appearing on page 16 of this Annual Report
on Form 10-K.  We also consent to the incorporation by reference of our report
on the Financial Statement Schedules, which appears on page 43 of this Form
10-K.





PRICE WATERHOUSE LLP

Stamford, Connecticut
September 20, 1994