MIRA
INFORM REPORT
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Report Date : |
23.07.2007 |
IDENTIFICATION DETAILS
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Name : |
MAER IMPORT EXPORT SRL |
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Registered Office : |
Str. Orizontului ,
nr.3, Pantelimon, Ilfov |
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Country : |
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Date of Incorporation : |
19/09/2002 |
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Legal Form : |
Limited Liability
Company |
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Line of Business : |
Cutting, shaping and finishing of ornamental and building
stone |
RATING & COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name
MAER IMPORT EXPORT SRL
Registration Briefing
Registration Date: 19/09/2002
Legal Form: LIMITED LIABILITY COMPANY
Latest Financials: N/A
Financial Briefing
Nominal Capital: 3,500,000 New Romanian Lei
Issued Capital: 3,500,000 New Romanian Lei
Turnover: 3,503,769 Euros
Net Profit: 53,585 Euros
Rating Briefing
Current Recommended
Credit: 80,295 Euros
Former Recommended
Credit: N/A
Rating Trend: POSITIVE
Company Details
Company Name: MAER IMPORT EXPORT SRL
Headquarter Address: Str. Orizontului, nr.3,
PANTELIMON,
ILFOV,
Telephone: +40 213508027
+40 213513973
+40 213513974
+40 722293286
Fax: +40 213513974
+40 213513975
E-Mail: maer@maergroup.com
Web Site: www.maergroup.com
Company was incorporated
as a LIMITED LIABILITY COMPANY in 2002
Registration &
Legal Details
Current Legal Form: LIMITED LIABILITY
COMPANY
Registration Address: Str. Orizontului ,
nr.3 ,Loc. Pantelimon,
Registration Number: J23/1906/2002
Registration Date: 19/09/2002
Year/Date Company
Established: 2002
Tax Registration Number: 4491385
Date of Last Annual
Return: 23/03/2007
Capital
Currency:New Romanian Lei
Nominal Capital: 3,500,000
Issued Capital: 3,500,000
Paid Up Capital: All
Nominal Capital
Breakdown
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Number of Shares: 200 |
Type of Shares:
ordinary |
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Issued Shares: 200 |
Value per share: RON 17,500.00 |
Value of this type:
3,500,000.00 |
Shareholders
Shareholders:
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Name/Address |
Shares Held |
% of Voting/Non-Voting
capital |
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DOINA MUSAT, Str. LACULUI nr. 4, TULCEA, |
200 |
100.00% (VOTING) |
Principals
Name: Ms DOINA MUSAT
Position within the
company: Administrator
Additional Information: Personal numerical code:
2670223364211
Address: Str. LACULUI
nr. 4 TULCEA
Date of Birth: 23/02/1967
Country of Birth:
Nationality: Romanian
Company Activities
Declared objects of
activity:
main:
Cutting, shaping and
finishing of ornamental and building stone
Maer Import-Export offer
includes marble, granite, recomposed, semiprecious and various other natural
stones, in the form of:
* blocks - for processing
* slabs of diverse
dimensions, with the length ranging from 200 to 300 cm and the width from 100
to 200 cm. The surface of the slabs can be polished, honed, or anti-skid,
according to the clients' requirements.
* strips of various
dimensions with a polished face, having usually the width of 30 or 40 cm and
free length.
* massives of various
dimensions to process banisters or other carved products.
MAER
can offer all the above materials in a wide range of standard sizes and
dimensions like 30x30cm, 30x60cm, 40x40cm and 60x60cm, but they can also
process any other dimensions the clients desire.
The
materials are processed with equipment of high standard, diamond tools,
abrasive stones and special substances produced by leading firms in the
industry, distributed and marketed in
Their permanent stocks is
of more 150.000 square meters and 450 types of natural stones in slabs, tiles
and finite products, and their capacity of processing is about 500 square
meters/ day.
Maer Group is also the
unique distributor in
Operations
Employees Company Employs:
20 (at the end of 2004)
HQ Premises Operates from: Office , Shop, Factory, Warehouse
Location: Industrial
Area
WORKING SITE,
Tel: +40240 512 514 ; Fax: +40,
str. Gradinari , nr.5 ,,
Tulcea,
TULCEA,
Branches Branch is:
Owned
Description of branch: Factory, Warehouse
WORKING SITE,
Sos. Nationala, nr. 1B, jud. Hunedoara,
Simeria,
HUNEDOARA,
Branch is: Owned
Description of branch: Warehouse
Related Companies
Affiliates
MAER
viale D. Zaccagna, 53,
Marina di Carrara 4036,
Tel: (+39) 0 585 632465; Email: maeritalia@maergr,
MAER
Vitorio-Espirito Santo,
Tel: +55 (27) 3299 5336; Email: maerdobrasil3@mae,
MAER TRAVEL S.R.L.
Str. GRADINARI 5 Tulcea,
TULCEA,
Start Date: 2007
Related through: a common
shareholder
Other information: Reg.
no: J36/196/2007
STONES PROCESSING S.R.L.
Str. GRADINARI 5 Tulcea,
TULCEA,
Start Date: 2007
Related through: a common
shareholder
Other information: Reg.
no: J36/174/2007
MAER STORE SRL
Str. ORIZONTULUI 3 PANTELIMON,
ILFOV,
Start Date: 2002
Related through: a common
shareholder
Other information: Reg.
no: J23/862/2002
MELIAROM SRL
Str. ORIZONTULUI 3,
PANTELIMON,
ILFOV,
Start Date: 2000
Related through: a common
shareholder
Other information: Reg.
no: J23/371/2000
MAER TOOLS SRL
Str. ORIZONTULUI 3,
PANTELIMON,
ILFOV,
Start Date: 2000
Related through: a common
shareholder
Other information: Reg.
no: J23/720/2000
ROMJOB SRL
Str. ORIZONTULUI 3,
PANTELIMON,
ILFOV,
Start Date: 2004
Related through: a common
shareholder
Other information: Reg.
no: J23/1279/2004
MAER AMBIENT S.R.L.
Str. ORIZONTULUI 3,
PANTELIMON,
ILFOV,
Start Date: 2007
Related through: a common
shareholder
Other information: Reg. no:
J23/430/2007
MAER INSTALATII S.R.L.
Str. ORIZONTULUI 3,
PANTELIMON,
ILFOV,
Start Date: 2007
Related through: a common
shareholder
Other information: Reg.
no: J23/1598/2007
NATURAL STONE PROCESSING
SRL
Str. ORIZONTULUI 3,
PANTELIMON,
ILFOV,
Start Date: 2007
Related through: a common
shareholder
Other information: Reg.
no: J23/1597/2007
Financial Information
Figures are: Official Figures
Currency: Euros
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Months |
Sales Figures |
Sales |
Gross Profit/Loss |
Net Profit/Loss |
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12 |
31/12/2004 |
3,503,769.00 |
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53,585 |
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12 |
31/12/2003 |
3,218,866.00 |
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48,980 |
Reporter Comment
Maer Import-Export has
been active in the Romanian market for more than 14 years and is part of MAERGROUP
which activated in the field of materials for finishing and construction, with
vast experience in the production of tiles of standard size & cut to size
products of marble, granite and recomposed stones as per clients' requirement.
MAER can currently offer
more than 450 types of stone from its extensive stock of approximately 150.000
sq.m (stockyards in Bucuresti, Tulcea, Simeria).
Please find below some of
the projects in which MAER GROUP was involved:
The protocol apartment in
Predeal -National Bank of
C.E.C. Bank- Miercurea Ciuc
Romanian Commercial Bank-
Romanian Commercial Bank-
Falticeni
Groupe Societe Generale-
Junior
Groupe Societe Generale-
Groupe Societe Generale-
Slobozia
Bank Post - Vaslui
Bankcoop -
MindBank -
Commercial Bank "ION
TIRIAC" -
Commercial Bank "ION
TIRIAC"-
Petrol Export Import -
RomanianBussinesCenter
"Black See"-Hotel President-Mangalia
Intercontinental -
Bucharest-Prezidential apartment
PARC Hotel-Bucharest
Steilmannheadquarters-Bucharest
Elvila International
headquarters
SRI Hotel-Bucharest
Reynolds Manufacturing
headquarters
ABN - AMRO BANK - (Hotel
Sofitel)
Peles - Sinaia
The
Iridex apartments
-Baneasa
Neocity-Nestor&Nestor
headquarters
Electromontaj
S.A.Bucharest headquarters
WorldTradeCenter -
The embassy of
AGER -
Hol Cim headquarters -
Cimpulung
AND more than 8000
private houses and cottages
We have tried to contact
the subject for additional operational data, but we were advised that the
general manager was on holidays and they cannot provide any information without
her prior approval. Upon receipt of any additional information, an updated
report will follow.
Please note that the
financials of the company are not available for the year 2005, thus we attach
only the latest financial statements of the subject, obtained from official
sources.
Conclusions
Local Reputation: The company being
investigated is considered by local reporters to be a Fair /
Normal Trade Risk.
Financial Results Trend: Financial Information indicates
that the business activities of the company are
showing an upward
turn.
Age of Business: The company is long
established in the local market.
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems comparatively
below average/normal. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)