MIRA INFORM REPORT

 

 

Report Date :           

20.08.2011

 

IDENTIFICATION DETAILS

 

Name :

AZIONARIA COSTRUZIONI MACCHINE AUTOMATICHE SPA

 

 

Registered Office :

Via Cristoforo Colombo 1, Bologna, 40131

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

31.07.1924

 

 

Com. Reg. No.:

00281690370

 

 

Legal Form :

Public Subsidiary

 

 

Line of Business :

manufacture of machinery for working soft rubber or plastics

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Italy

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name & address   Bottom of Form

 

 

Azionaria Costruzioni Macchine Automatiche SpA

Via Cristoforo Colombo 1

Bologna, 40131

Italy

Tel:       +39 051 6349111

Fax:      +39 051 6349317

 

 

Synthesis  

 

Employees:                  253

Company Type:            Public Subsidiary

Corporate Family:          11 Companies

Ultimate Parent:             COESIA SPA

Incorporation Date:         31-Jul-1924      

Financials in:                 USD (Millions)

Fiscal Year End:            31-Dec-2007

Reporting Currency:       Euro

Annual Sales:               80.6

Total Assets:                 69.8

 

 

Business Description     

 

Azionaria Costruzioni Macchine Automatiche SpA is primarily engaged in manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials (extruders, moulders, pneumatic tyre making or retreading machines and other machines for making a specific rubber or plastic product); manufacture of printing and bookbinding machines; manufacture of machinery for producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes, blackboard chalk, foundry moulds, etc.; manufacture of moulding boxes for any material; mould bases; moulding patterns; moulds; manufacture of dryers for wood, paper pulp, paper or paperboard; manufacture of centrifugal clothes dryers; manufacture of diverse special machinery and equipment (machines to assemble electric or electronic lamps, tubes (valves) or bulbs; machines for production or hot-working of glass or glassware, glass fibre or yarn; machinery or apparatus for isotopic separation; rope-making machinery, etc.); and manufacture of industrial robots for multiple uses.

 

Industry

Industry            Miscellaneous Capital Goods

ANZSIC 2006:    2499 - Other Machinery and Equipment Manufacturing Not Elsewhere Classified

NACE 2002:      2956 - Manufacture of other special purpose machinery not elsewhere classified

NAICS 2002:     333298 - All Other Industrial Machinery Manufacturing

UK SIC 2003:    2956 - Manufacture of other special purpose machinery not elsewhere classified

US SIC 1987:    3569 - General Industrial Machinery and Equipment, Not Elsewhere Classified

 

           

Key Executives   

 

Name

Title

Isabella Seragnoli

President

Davide Sarti

Head of accounting department

Loretta Bortolini

Executive

Giancarlo De Martis

Member of the board

Jorge Jordana Gisbert

Member of the board

 

Registered No.(ITA): 00281690370

 

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7306374

2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.6839711

 

 

Corporate Overview

 

Location

Via Cristoforo Colombo 1

Bologna, 40131

Italy

Tel:       +39 051 6349111

Fax:      +39 051 6349317

 

Sales EUR(mil):             58.9

Assets EUR(mil):           47.7

Employees:                   253

Fiscal Year End:            31-Dec-2007

Industry:                        Miscellaneous Capital Goods

Incorporation Date:         31-Jul-1924

Company Type:             Public Subsidiary

Quoted Status:              Not Quoted

Registered No.(ITA):       00281690370

Member of the board:     Giancarlo De Martis

 

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Subsidiaries

·         Key Corporate Relationships

 


Industry Codes

 

ANZSIC 2006 Codes:

2499     -          Other Machinery and Equipment Manufacturing Not Elsewhere Classified

3411     -          Agricultural and Construction Machinery Wholesaling

 

NACE 2002 Codes:

2956     -          Manufacture of other special purpose machinery not elsewhere classified

5182     -          Wholesale of mining, construction and civil engineering machinery

 

NAICS 2002 Codes:

333298  -          All Other Industrial Machinery Manufacturing

423810  -          Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers

 

US SIC 1987:

3569     -          General Industrial Machinery and Equipment, Not Elsewhere Classified

5082     -          Construction and Mining (Except Petroleum) Machinery and Equipment

 

UK SIC 2003:

2956     -          Manufacture of other special purpose machinery not elsewhere classified

5182     -          Wholesale of mining, construction and civil engineering machinery

 

Business Description

Azionaria Costruzioni Macchine Automatiche SpA is primarily engaged in manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials (extruders, moulders, pneumatic tyre making or retreading machines and other machines for making a specific rubber or plastic product); manufacture of printing and bookbinding machines; manufacture of machinery for producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes, blackboard chalk, foundry moulds, etc.; manufacture of moulding boxes for any material; mould bases; moulding patterns; moulds; manufacture of dryers for wood, paper pulp, paper or paperboard; manufacture of centrifugal clothes dryers; manufacture of diverse special machinery and equipment (machines to assemble electric or electronic lamps, tubes (valves) or bulbs; machines for production or hot-working of glass or glassware, glass fibre or yarn; machinery or apparatus for isotopic separation; rope-making machinery, etc.); and manufacture of industrial robots for multiple uses.

 

Financial Data

Financials in:

EUR(mil)

 

Revenue:

58.9

Assets:

47.7

Current Assets:

35.7

 

Total Liabilities:

47.7

 

Net Worth:

8.2

 

 

 

Date of Financial Data:

31-Dec-2007

 

1 Year Growth

7.9%

NA

 

Subsidiaries

Company

Percentage Owned

Country

Tecnomeccanica SRL

 

Italy

M.C. Automations SRL

 

Italy

 

 

 

 

 

 


Key Corporate Relationships

Bank:    Intesa Sanpaolo Ag, Deutsche Bank Ag, Banca Nazionale del Lavoro Ag

 

 

Corporate Family

Corporate Structure News:

 

Azionaria Costruzioni Macchine Automatiche SpA

Total Corporate Family Members: 11 

 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

COESIA SPA

Parent

 

 

 

 

 

G.D SpA

Subsidiary

Bologna, Bologna

Italy

Miscellaneous Capital Goods

678.2

1,600

Co.Me.Sca. Costruzioni Meccaniche Scarperia SRL

Subsidiary

Scarperia, Firenze (Florence)

Italy

Miscellaneous Capital Goods

9.8

82

G.D. Automatische Verpackungsmaschinen GmbH

Subsidiary

Langenfeld (Rheinland), Nordrhein-Westfalen

Germany

Appliance and Tool

46.3

71

Azionaria Costruzioni Macchine Automatiche SpA

Subsidiary

Bologna, Bologna

Italy

Miscellaneous Capital Goods

80.6

253

M.C. Automations SRL

Subsidiary

Casalecchio Di Reno, Bologna

Italy

Construction and Agriculture Machinery

13.5

32

Tecnosweet SRL

Subsidiary

San Damiano D'Asti, Asti

Italy

Miscellaneous Capital Goods

 

37

Tecnomeccanica SRL

Subsidiary

Castenaso, Bologna

Italy

Miscellaneous Capital Goods

 

30

C.I.M.A. Costruzioni Italiane Macchine Attrezzi SpA

Subsidiary

Castenaso, Bologna

Italy

Miscellaneous Capital Goods

40.7

134

Gdm SpA

Subsidiary

Offanengo, Cremona

Italy

Miscellaneous Capital Goods

81.1

130

Montale 164 SpA

Subsidiary

Bologna, Bologna

Italy

Miscellaneous Capital Goods

0.0

1

 


Executive report

 

Board of Directors

 

Name

Title

Function

 

Giancarlo De Martis

 

Member of the board

Director/Board Member

 

Jorge Jordana Gisbert

 

Member of the board

Director/Board Member

 

Angelos Papadimitriou

 

Member of the board

Director/Board Member

 

 

Executives

 

Name

Title

Function

 

Isabella Seragnoli

 

President

President

 

Davide Sarti

 

Head of accounting department

Accounting Executive

 

Loretta Bortolini

 

Executive

Other

 

Michele Buzzi

 

Executive

Other

 

Marco Carrara

 

Executive

Other

 

Daniele Cesari

 

Executive

Other

 

Giuseppe Marcante

 

Executive

Other

 

Michele Ruo

 

Executive

Other

 

Eros Stivani

 

Executive

Other

 

Gianluca Zaniboni

 

Executive

Other

 

Riggero Zilio

 

Executive

Other

 

 

Azionaria Costruzioni Macchine Automatiche A.C.M.A. S.PA. Files Patent Application for Pouring Spout for a Container and Container Provided with Such a Spout

                                                                                                                                                                                          

Indian Patent News
11 July 2011
                                                                                                                                                                       

[What follows is the full text of the article.]

New Delhi, July 11 -- Italy based Azionaria Costruzioni Macchine Automatiche A.C.M.A. S.PA. filed patent application for pouring spout for a container and container provided with such a spout. The inventors are Boldrini Fulvio and Ghiotti Roberto.

Azionaria Costruzioni Macchine Automatiche A.C.M.A. S.PA. filed the patent application on Aug. 27, 2004. The patent application number is 01256/KOLNP/2004 A. The international classification number is B65D5/74.

According to the Controller General of Patents, Designs & Trade Marks, "A duct applicable to a container presents a connecting portion with four substantially flat connecting surfaces and a internal bridging surface by which the side walls of the container are joined seamlessly to a spout afforded by the duct; the bridging surface is contoured in such a way that a flow of liquid food product can be directed through the spout without becoming trapped and stagnating between the duct and side walls of the container."


Related Topics

        Legal

 


Azionaria Costruzioni Macchine Automatiche A.C.M.A.S.P.A Files Patent Application for Container with Spout

                                                                                                                                                                                          

Indian Patent News
07 July 2011
                                                                                                                                                                       

[What follows is the full text of the article.]

New Delhi, July 7 -- Italy based Azionaria Costruzioni Macchine Automatiche A.C.M.A.S.P.A filed patent application for container with spout. The inventors are Boldrini Fulvio and Ghiotti Roberto.

Azionaria Costruzioni Macchine Automatiche A.C.M.A.S.P.A filed the patent application on July 16, 2004. The patent application number is 01005/KOLNP/2004 A. The international classification is B65D5/74.

According to the Controller General of Patents, Designs& Trade Marks, "A container for liquid products fashioned from at least one blank of multi-layer paper material comprises an essentially parallelepiped body with four side walls and a top section presenting four angled faces that converge toward a tubular element providing a spout from which to pour the liquid contents. The tubular element also presents four tags designed to interact with the top section the tags function as anchors insertable between and weldable together with the corresponding edges of the blank to form joined areas serving as both closure and reinforcing elements in the finished container."

Related Topics

        Legal

 

 

Azionaria Costruzioni Macchine Automatiche A.C.M.A S.p.A Files Patent Application for a System and a Method for Manufacturing Containers in Particular for Preserving Food Products

                                                                                                                                                                                          

Indian Patent News
07 July 2011
                                                                                                                                                                       

[What follows is the full text of the article.]

New Delhi, July 7 -- Italy based Azionaria Costruzioni Macchine Automatiche A.C.M.A S.p.A filed patent application for a system and a method for manufacturing containers in particular for preserving food products. The inventors are Boldrini Fulvio, Ghiotti Roberto and Cavallari Stefano.

Azionaria Costruzioni Macchine Automatiche A.C.M.A S.p.A filed the patent application on Jan. 27, 2005. The patent application number is 00097/KOLNP/2005A. The international classification numbers are B31B 1/16 and 3/00.

According to the Controller General of Patents, Designs & Trade Marks, "A system for manufacturing containers is designed around a supporting structure with which all the stations and the devices needed to produce the containers are associated. The system is equipped with a feed station supplying a forming material a scoring station by which crease lines are generated, and a cutting station combining to prepare a succession of blanks. The system also includes a prefolding station where each blank is bent initially along the creases lines a folding station where the single blank is fashioned to the shape of the container and a sealing or welding station at which the shape of the container is fixed definitively."

Related Topics

     Legal

 

Related Industries

     3443 Fabricated plate work (boiler shops)

     Misc. Capital Goods [profile]

     28110 Manufacture of metal structures and parts of structures

     2769 Fabricated Metal Product Manufacturing n.e.c.

 

 

Azionaria Costruzioni Macchine Automatiche SpA Files Patent Application for a Container and a Method for its Manufacture

                                                                                                                                                                                          

Indian Patent News
28 May 2011
                                                                                                                                                                   

 

[What follows is the full text of the article.]

New Delhi, May 28 -- Italy based Azionaria Costruzioni Macchine Automatiche SpA filed patent application for a container and a method for its manufacture. The inventors are Boldrini Fulvio, Ghiotti Roberto and Cavallari Stefano.

Azionaria Costruzioni Macchine Automatiche SpA filed the patent application on Jan. 28, 2005. The patent application number is 00102/KOLNP/2005 A. The international classification number is B65D5/06.

According to the Controller General of Patents, Designs & Trade Marks, "A container for food products is fashioned in such a way that there are no interstitial spaces or stagnation traps on the inside. The bottom end of the container is fashioned by bending and flattening one end portion of a tubular blank in such a way as to produce two triangular stiffening folds of double thickness, each penetrable along one open side coinciding with the base of the triangle; before the folds are turned inward, the open sides are sealed by bonding the two triangular thicknesses together along the base so that the folds remain isolated from the inside of the container."

Related Topics

        Legal

 

 




 

Annual Profit & Loss

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate (Period Average)

0.719047

0.683679

0.730637

Consolidated

No

No

No

 

 

 

 

Total income

84.6

88.5

87.2

Net sales

80.6

76.6

80.6

Other operating income

4.2

2.8

4.8

Raw materials and consumables employed

39.3

37.4

37.1

Other expenses

28.0

29.5

25.0

Total payroll costs

23.0

24.5

21.8

Fixed asset depreciation and amortisation

0.9

1.0

1.0

Other operating costs

0.5

0.6

0.9

Net operating income

-

-

1.4

Total financial income

1.3

2.1

2.9

Total expenses

1.2

1.4

1.3

Profit before tax

-

-

3.0

Profit after extraordinary items and before tax

-

-

3.0

Total taxation

-

-

1.3

Net profit

-

-

1.7

Net loss

14.2

4.4

-

 

 

Annual Balance Sheet

                       

Financials in: USD (mil)

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.696986

0.719399

0.683971

Consolidated

No

No

No

 

 

 

 

Total stockholders equity

2.9

7.3

12.0

Provision for risks

4.6

2.5

2.9

Provision for pensions

7.2

7.0

7.9

Mortgages and loans

2.5

4.2

5.1

Other long-term liabilities

0.5

0.6

0.8

Trade creditors

19.1

23.8

20.0

Bank loans and overdrafts

31.2

16.6

4.6

Other current liabilities

22.4

18.9

16.2

Accruals and deferred income

0.2

0.2

0.3

Total current liabilities

72.9

59.4

41.1

Total liabilities (including net worth)

90.7

81.0

69.8

Intangibles

0.8

0.5

0.5

Buildings

3.1

3.1

3.3

Total tangible fixed assets

4.3

4.1

4.4

Long-term investments

16.0

10.2

11.6

Total financial assets

16.1

10.3

11.6

Receivables due after 1 year

2.4

0.7

1.3

Total non-current assets

23.5

15.6

17.6

Finished goods

20.1

26.0

18.4

Net stocks and work in progress

26.8

32.7

23.3

Trade debtors

14.7

14.1

15.1

Other receivables

24.3

15.3

10.1

Cash and liquid assets

1.2

2.9

2.9

Accruals

0.2

0.4

0.8

Total current assets

67.2

65.5

52.1

Total assets

90.7

81.0

69.8

 

 

Annual Ratios

 

Financials in: USD (mil)

 

 

 

31-Dec-2009

31-Dec-2008

31-Dec-2007

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.696986

0.719399

0.683971

Consolidated

No

No

No

 

 

 

 

Sales per employee

0.43

0.41

0.41

Profit per employee

-

-

0.02

Average wage per employee

0.12

0.13

0.11

Net worth

2.9

7.3

12.0

Number of employees

263

250

280

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.61

UK Pound

1

Rs.75.32

Euro

1

Rs.65.68

 

 

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

----

NB

New Business

----

 

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