MIRA
INFORM REPORT
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Report Date : |
04.11.2008 |
IDENTIFICATION
DETAILS
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Name : |
STORA ENSO BAIENFURT GMBH & CO. KG |
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Registered Office : |
Fabrikstr. 1 88255 Baienfurt |
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Country : |
Germany |
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Date of Incorporation : |
1991 |
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Com. Reg. No.: |
HRA 551416 |
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Legal Form : |
Limited
Partnership with Private limited Company as General Partner |
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Line of Business : |
Manufacture of Paper and Paperboard |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
EUR 250.000,00. |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
name & address
Stora Enso Baienfurt GmbH & Co. KG
Fabrikstr. 1
88255 Baienfurt
Telephone: 0751/4040
Telefax: 0751/404400
Homepage:
www.storaenso.com
CONCLUSION
The maximum credit is EUR 250.000,00.
Business relations are permissible.
LEGAL FORM
Ltd partnership with priv.
ltd. Company as General partner
Date of foundation
1991
Registered on
12.10.2001
Register of companies:
Local court 89073 ULM
under: HRA
551416
Total cap. Contribution
EUR 51.129,19
General Partner
Stora Enso Baienfurt Verwaltungs GmbH
Fabrikstr. 1
88255 Baienfurt
Legal form: Private limited company
Share capital: EUR 25.000,00
Reg. Data: 08.05.2000
HRB 552156
89073 ULM
Shareholder
FPB Holding GmbH & Co. KG
Feldmühleplatz 1
40545 Düsseldorf
Legal form: Ltd partnership with priv. ltd.
Company as General partner
Total cap. contribution: EUR
374.237.225,00
Share: EUR 25.000,00
Reg. Data: 16.10.2001
HRA 14963
40213 DÜSSELDORF
Manager
Udo Lück
25436 Uetersen
authorized to jointly represent the company
born 21.04.1966
Occupation: Fully qualified engineer
Proxy
Oliver Wahl
88255 Baienfurt
authorized to jointly represent the company
born 04.04.1966
Proxy:
Dr. Richard Zinnecker
88339 Bad Waldsee
authorized to jointly represent the company
born 01.12.1950
Proxy:
Horst Fürwentsches
Jahnstr. 9
41564 Kaarst
authorized to jointly represent the company
born 13.04.1947
Marital status: married
Limited Partner
FPB Holding GmbH & Co. KG
Feldmühleplatz 1
40545 Düsseldorf
Legal form: Ltd partnership with priv. ltd.
Company as General partner
Total cap. contribution: EUR
374.237.225,00
Share: EUR 51.129,19
Reg. Data: 16.10.2001
HRA 14963
40213 DÜSSELDORF
BUSINESS HISTORY
1991 Stora
Billerud GmbH
Fabrikstr. 1
88255 Baienfurt
Private limited company
22.03.1995 Stora
Carton Board GmbH
Fabrikstr. 1
88255 Baienfurt
Private limited company
10.03.1999 Stora
Paperboard GmbH
Fabrikstr. 1
88255 Baienfurt
Private limited company
29.04.1999 Stora
Enso Baienfurt GmbH
Fabrikstr. 1
88255 Baienfurt
Private limited company
BUSINESS ACTIVITIES
21120
MANUFACTURE OF PAPER AND
PAPERBOARD
PARTICIPATION
Shareholder:
Stora Enso Deutschland GmbH
Große Bleichen 30
20354 Hamburg
Legal form: Private limited company
Share capital: EUR 1.100.000,00
Share: EUR 33.000,00
Reg. Data: 17.09.1993
HRB 53806
20355 HAMBURG 36
Employees: 150
FINANCIAL INFORMATION
Payment experience: within
agreed terms
REAL ESTATE
Type of ownership: Tenant
Address Fabrikstr. 1
88255
Baienfurt
Private real estate
Name Stora Enso Baienfurt
Verwaltungs GmbH
Type of ownership: Tenant
Address Fabrikstr. 1
88255 Baienfurt
Land register documents
were not available.
BANKERS
COMMERZBANK, DÜSSELDORF
Sort. code: 30040000
FIGURES
Financial year: 01.11. - 31.10.
Turnover: 2005/2006 EUR
921.102.154,00
Profit: 2005/2006 EUR -103.318.602,00
Total cap.
contribution: EUR 51.129,19
Employees:
2.615
Approximate figures are given.
FOREIGN EXCHANGE
RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.48.96 |
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UK Pound |
1 |
Rs.80.26 |
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Euro |
1 |
Rs.63.08 |
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. |
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%)