UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549


                                    FORM 8-K


                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


     Date of report (Date of earliest event reported) January 26, 2006
                                                      ----------------

                        Baldwin Technology Company, Inc.
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             (Exact Name of Registrant as Specified in Its Charter)

                                    Delaware
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                 (State or Other Jurisdiction of Incorporation)

        1-9334                                             13-3258160
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(Commission File Number)                       (IRS Employer Identification No.)


 Two Trap Falls Road, Suite 402, Shelton, CT                  06484
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  (Address of Principal Executive Offices)                  (Zip Code)

                                  203-402-1000
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              (Registrant's Telephone Number, Including Area Code)

                                       N/A
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          (Former Name or Former Address, if Changed Since Last Report)

     Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

|_|  Written communications pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)

|_|  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

|_|  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

|_|  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))




Item 2.02 Results of Operations and Financial Condition

     Baldwin Technology Company, Inc. ("Baldwin or the "Company") reported its
results of operations for the three and six months ended December 31, 2005.
Details of this announcement are contained in the press release of the Company
dated January 26, 2006, and furnished with this Current Report on Form 8-K as
Exhibit 99.1.

Item 8.01 Other Events

     The Company issued a press release dated January 26, 2006, a copy of which
is filed herewith as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

     (c)  Exhibits

          99.1 Earnings release for the period ended December 31, 2005 issued by
               the Company on January 26, 2006 (furnished herewith).




                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned, hereunto duly authorized.

                                                BALDWIN TECHNOLOGY COMPANY, INC.
                                                --------------------------------
                                                          (Registrant)

                                                By: /s/ Vijay C. Tharani        
                                                    ----------------------------
                                                        Vijay C. Tharani
                                                     (Chief Financial Officer)


Dated: January 26, 2006