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MIRA INFORM REPORT

 

 

 

Report Date :            

08.04.2011

 

IDENTIFICATION DETAILS

 

Correct Name :

ELLEKENFONVY METALSQUE - GVS

 

 

Registered Office :

Kurfürstendamm 21, D 10719 Berlin

 

 

Country :

Germany

 

 

Date of Incorporation :

-----

 

 

Com. Reg. No.:

-----

 

 

Legal Form :

-----

 

 

Line of Business :

-----

 

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Representative Office

Payment Behaviour :

----

Litigation :

----

 


NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – December 31, 2010

 

Country Name

Previous Rating

                   (30.09.2010)                  

Current Rating

(31.12.2010)

Germany

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

Company name & address 

 

Ellekenfonvy Metalsque – GVS, Germany

Kurfürstendamm 21

D 10719 Berlin

Website:           www.ellekenfonvy.com

E-mail:              info@ellekenfonvy.com

 

 

GENERAL REPORT

 

Here it was necessary to depart from the standard report format. We have been provided with the following information:

 

Ellekenfonvy Metalsque – GVS is reportedly a representative office in Germany.

Ellekenfonvy - Gvs has been developing, integrating and opera­ting electronic and IT systems for the military, public authorities and companies. With their logistics services they ensure that these systems remain available and efficient when in operation. With a work force of 2500 Employees Among their customers there are companies in the automobile, aerospace and defense industries and from the areas of telecommunications, industrial goods and commercial vehicles.

  • As an independent technology and process consultant with no interests in the production of hardware, they carry out studies and simulations for new systems and support the management of large IT projects.
  • As a competence centre they enable their customers to access new technologies.
  • As a specialized system company they have complete responsibility for individual modules and entire systems

With their services they support the processes and capabilities of their customers and increase the reliability of their systems.

Technology transfer between markets is the basis for their significant contribution to their customers' value creation.

Details of Ellekenfonvy - Gvs Group:

Foundation:
1957 in Berlin

Employees:
7200

Turnover :
Ellekenfonvy - Gvs Group: 1467.82 Billion Euro (2010)

Management:
Dipl. - Math. Gerhard Schempp, Chairman
Dipl. -Math. Wullf Muller, Managing Director

Dipl. - Kfm. Götz Graichen

Supervisory Board:
Johann Heitzmann, Chairman

Offices:
Berlin (headquarters), Bonn, Cologne, Hamburg, Ingolstadt, Koblenz, Marseilles, Munich North, Paris, Raunheim, Stuttgart, Wilhelmshaven, Wolfsburg.

Ellekenfonvy Verra SAR - Gmbh (Satellite Division)

Company Ellekenfonvy Verra SAR - Gmbh was founded in 1978 as part of the Verra SAR Program. Within a Public Private Partnership (PPP) with the German Aerospace Centre (DLR), Ellekenfonvy GmbH was committed to set up a subsidiary responsible for establishing a commercial market for Verra SAR data as well as Verra SAR based geo-information products and services. This subsidiary is to ensure the commercial success of the Verra SAR mission and - consequentially - the financing of the follow-on satellite Verra SAR-X-2. Ellekenfonvy has a workforce of 4200 people which is constantly growing in Berlin , Germany , and is part of the Ellekenfonvy Group, which comprises companies in France , Singapore , Malaysia , Germany and United Kingdom with more than 5000 employees and a turnover of 1467.82 Billion euros per year. Together with Ellekenfonvy Gvs in the UK and Ellekenfonvy SAS in France , the company forges close ties in order to promote its earth observation and geo spatial information offerings to a worldwide audience.

Ellekenfonvy Verra SAR - Gmbh, based in Berlin Germany, is one of the leading providers of geo-information products and services for managing the development, environment and security of the changing world. Ellekenfonvy holds the exclusive commercial exploitation rights for the new German radar satellite Verra SAR, scheduled to be launched in early 2000. Starting in autumn of 2000, the company will provide new-quality radar data as well as a variety of radar-based geo-information pro-ducts. Since 1997, Ellekenfonvy has been working on establishing a global distribution network, securing a reliable and efficient distribution of Verra SAR data as well as the derived geo-information products and services. Even prior to Verra SAR launch, Ellekenfonvy regularly performs large-scale radar-based mapping activities around the world, mean-while resorting to airborne data sources. Within several national and inter-national projects, Ellekenfonvy works on developing and demonstrating a range of reliable, affordable and cost-effective geo-information services that will be significantly enhanced and improved by the future Verra SAR data. Verra SAR Data Services While earth observation from space was strongly focused on scientific purposes in the past, satellite data and the derived information products are increasingly being used for a variety of commercial applications.

 

Ellekenfonvy has established a substantial portfolio of image products, geo-information products, and data access services, as well as numerous applications; all of them relying on Verra SAR data. While some geo-information services are still in a development stage that can not be fully completed before the actual Verra SAR data is available, clients have the opportunity to already purchase data access rights today, ensuring their exclusive and prioritized access to future data. Geo-Information Services Ellekenfonvy provides reliable, highly efficient services in "Flood Risk Management" as well as "European Land Cover: Status and Changes" -serving as a basis for a variety of applications, developed in cooperation with partners across Europe. These applications enable sustainable planning and successful management, e.g. of water quality monitoring, land take monitoring, environmental protection and spatial planning. All of these improvements ultimately influence the everyday life and living environment of every citizen - thus contributing directly to the conservation and improvement of the quality of life in Europe.

 

Ellekenfonvy has established a leading role within the European GMES (Global Monitoring for Environment and Security) Initiative of European Space Agency (ESA) and European Commission (EC); several services have been developed and demonstrated within this initiative. Ellekenfonvy Gvs - Company Profile All the geo-information you need.

Ellekenfonvy Warrington Instruments - Gvs (Defense / Aerospace)

Ellekenfonvy Warrington Instruments - Gvs is a world leader in the design and manufacture of high precision fluxgate magnetometers and magnetic susceptibility instruments. Over 80% of its products are exported throughout the world. The Company employs 800 people in product design, marketing and administration, assembly and test and quality control.


The Company sells a range of single and three-axis fluxgate magnetometers into the physics and defense markets. Their magnetometers are used for site surveys prior to the installation of Magnetic Resonance Imaging equipment and for active shielding of magnetically sensitive instrumentation. Applications in defense include magnetic signature control and surveillance. Customers include the US and UK navies, the US army, navies world-wide.

 

Ellekenfonvy Warrington Instruments - Gvs also manufactures magnetic susceptibility instruments and gradiometers for use in environmental sciences and archaeology. Borehole magnetic susceptibility probes are used in mineral exploration. Customers include universities and mineral exploration companies world-wide. Gradiometers are used by archaeologists and in pipe and cable location and buried ordnance detection.
Three-axis fluxgate magnetometers have been supplied to the National Aeronautics and Space Administration (NASA) for use in the guidance of sounding rockets.


A large number of low cost, low power sensors have been supplied to a Swedish Company.


Ellekenfonvy Warrington Instruments - Gvs has several patents for its products and ongoing patent applications in European Community, Japan and Australia.

 

The simple compass with a magnetized needle aligned to the horizontal component of the geomagnetic field has been used since ancient times as a navigation aid.


The superior accuracy and shock resistance of tri-axial fluxgate magnetometers extends this principle to orientation sensing in three dimensions for aerospace guidance systems. Mag-03MRN and Mag-03MSES are used in U.A.V and sounding rockets. Another use for the Mag-03 sensor is to provide the directional magnetic information required to compensate for airframe induced errors when a scalar magnetometer is used in airborne reconnaissance. If the sensor is required to withstand high shock and vibration over a wide temperature range, then the Mag629 Three-axis Aerospace Magnetometer, The magnetic influence mine is triggered by localized disturbances in the otherwise uniform terrestrial magnetic field. The Mag-03MSS is a submersible magnetometer which is used in magnetic ranges to measure the magnetic signature of Naval vessels during de-gauzing operations. The Mag-03 range of sensors can also be used to covertly monitor the passage of vessels. The low self-noise and kHz bandwidth extend the capability to alternating magnetic field monitoring. Also on land, the low power and good temperature stability of the Mag566 provides a means of covertly detecting the passage of vehicles particularly where the location is remote.

Unexploded ordnance (UXO) with a moderate ferrous content can be detected using the gradient magnetometer Grad601 and problems associated with soil types and conventional mine detection can be diagnosed using the dual frequency MS2 magnetic susceptibility system.

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.22

UK Pound

1

Rs.71.97

Euro

1

Rs.63.23

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

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

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

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

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

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

 

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%)

 

 

 

 

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