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MIRA INFORM REPORT

 

 

Report Date :

16.04.2011

 

IDENTIFICATION DETAILS

 

Name :

ROMMELAG AG

 

 

Registered Office :

Fabrikweg 16 Postfach 5033 Buchs

 

 

Country :

Switzerland

 

 

Date of Incorporation :

12.05.1964

 

 

Com. Reg. No.:

400.3.919.137-0 / 155689

 

 

Legal Form :

Company Limited By Shares

 

 

Line of Business :

Manufacture of plastic packing goods

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Maximum Credit Limit :

CHF 100'000

Status :

Satisfactory

Payment Behaviour :

No Complaints

Litigation :

Clear

 


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)

Switzerland

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name

 

rommelag ag

 

 

Operating address

 

Fabrikweg 16

Postfach

5033 Buchs

Switzerland/CH

Telephone:                   062 8345555

Fax:                             062 8345500

Web site:                      http://www.rommelag.com

E-mail:                         mail@rommelag.ch

VAT-No.:                      100175

 

 

Profile

 

Established:                 1952

Line of Business:          Plastics, Machinery

Industry Division:          Manufacturing

Industry-code (NACE):     2222     Manufacture of plastic packing goods

                                      2899     Manufacture of other special-purpose machinery n.e.c.

Import/Export:              Export

Quality certification:      ISO 9001:2000 (since 2002)

Banks:                          unknown

 

 

Operational Figures

 

Coverage:                    Company

Figures:                        approximately

Employees:                  20

Sales:                          CHF 6-8 Mio

 

 


Activity

 

The business activities includes the manufacture of machinery for the production and filling of plastic bottles and ampoules for infusion containers, eye, ear and nose drops, inhalation, and for the food industry and technical products.

 

 

Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:               400.3.919.137-0 / 155689

Legal form:                   Company limited by shares

Registration:                 12.05.1964

Legal status:                 active

Responsible Register:   Handelsregister des Kantons Aargau

Auditor:                        Ortag, Organisations-, Revisions- und Treuhand-AG,  Zürich

History:                        Date of Incorporation Statutes: 01.05.1964

                                    Date of Statutes: 30.06.2008

                                    Date of Statutes: 24.06.2003

                                    Date of Statutes: 30.06.1997

                                    Date of Statutes: 23.11.1993

 

Entry            Deleted    Name

03.07.2003                    rommelag ag

                    03.07.2003  Rommelag

 

Entry            Deleted    Legal domicile

25.09.1997                    Buchs (AG), Switzerland

                    25.09.1997  Aarau, Switzerland

 

Entry            Deleted    Address

03.07.2003                    Fabrikweg 16, 5033 Buchs/AG, Switzerland/CH

                    24.01.1996  c/o Dr. Andreas Burren, Bahnhofstrasse 8, 5000 Aarau/AG, Switzerland/CH

25.09.1997    03.07.2003  Fabrikstrasse 16, 5033 Buchs/AG, Switzerland/CH

24.01.1996    25.09.1997  c/o Dr. Andreas Burren, Bahnhofstrasse 10, 5000 Aarau/AG, Switzerland/CH

 

Entry            Deleted    Capital

active                           Share Capital CHF 50'000, paidup CHF 50'000

 

Entry            Deleted    Capital Structure

active                           50 Bearer shares of CHF 1'000.--

 

 

 

Entry            Deleted    Activity (original Language)

31.07.2008                    Vertrieb von Rohmaterialien, Maschinen, elektrischen  Apparaten und Geräten und alle damit verbundenen Dienstleistungen, kann Tochtergesellschaften und Zweigniederlassungen errichten, Vertretungen übernehmen, kann sich anderen Unternehmungen beteiligen, Darlehen aufnehmen sowie Grundstücke erwerben, vermieten und veräussern.

                    25.09.1997  Vertrieb von Rohmaterialien, Maschinen, elektrischen Apparaten und Geräten. Ein allfälliger "kann Zweck" ist aus den Statuten zu entnehmen.

25.09.1997    31.07.2008  Vertrieb von Rohmaterialien, Maschinen, elektrischen Apparaten und Geräten; die Gesellschaft kann Tochtergesellschaften und Zweigniederlassungen im In- und Ausland errichten, Vertretungen übernehmen, sich an anderen Unternehmungen beteiligen, Darlehen aufnehmen sowie Grundstücke erwerben, verwalten und veräussern.

 

Entry            Deleted    Remarks (original Language)

active                           Publishing authority: SHAB.

30.11.1993                    Reports: Die Mitteilungen an die Aktionäre erfolgen mit eingeschriebenem Brief, sofern ihre Adressen bekannt sind, andernfalls durch Publikation im SHAB. 

 

 

Official Administration

 

Title                                           Name

Executive Director                      Felix Rudolf Schneebeli, Origin: Zürich, Switzerland, Address: 8127 Forch/ZH, Switzerland, single signature, Appointment: 03.02.2009

 

 

Management

 

Title                                           Name

General Manager                         Rudolf Geiss, Origin: Germany, Address: Weinstadt, Germany, single signature

Member with procuration             Hubert Leimgruber, Origin: Hernach, Switzerland, Address: 5610 Wohlen/AG, Switzerland, joint power of attorney of two

Member with procuration             Esther Baldemair, Origin: Stein AG, Loveresse, Switzerland, Address: 5037 Muhen/AG, Switzerland, joint power of attorney of two

Member with procuration             Hans Steiner, Origin: Kaltbrunn, Switzerland, Address: 5507 Mellingen/AG, Switzerland, joint power of attorney of two

 

 

Executive board

 

Title                                           Name

Chief Executive Officer               Rudolf Geiss

 

 


Ultimate Parent Company

 

Name:                          rommelag-Maschinen Gesellschaft mit beschränkter Haftung & Co. KG für die Kunststoffverarbeitung

City/Country:                Waiblingen, Germany/DE

 

 

Owner/-s

 

No. of Owner/-s:           1

Owner:                         The company is foreign owned.

 

Class:                          50-99%

Name:                          rommelag-Maschinen Gesellschaft mit beschränkter Haftung & Co. KG für die Kunststoffverarbeitung

City/Country:                Waiblingen, Germany/DE

Interest:                        80.00% voting right, 80.00% capital interest

 

 

Sisters

 

Name:                          rommelag - Kunststoff - Maschinen Vertriebsgesellschaft mbH

City/Country:                Waiblingen, Germany/DE

 

 

Investments

 

It is believed that the company has no investments.

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

16.07.2009          2009                           0

16.07.2009          2008                           0

16.07.2009          2007                           0

13.01.2009          2006                           0

13.01.2009          2005                           0

 

An updated legal action check is only available against proof of interest. e.g. a copy of an enquiry letter, and order or invoice relating to the subject company.

 

 

Credit Information

 

Financial Statements:    The company does not disclose any financial statements. Third parties are not permitted any insight into the financial affairs. It is therefore difficult to make a proper assessment of the actual situation.

 

Financial Situation:        The financial situation is in order.

 

Payment experiences:   Financial obligations are met as appropriate.

 

Maximum Credit:           CHF 100'000

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.52

UK Pound

1

Rs.72.72

Euro

1

Rs.64.41

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.