MIRA
INFORM REPORT
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Report Date : |
06.12.2011 |
IDENTIFICATION DETAILS
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Name : |
GALLUS FERD. RÜESCH AG |
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Registered Office : |
Harzbüchelstrasse 34 9016 St. Gallen |
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Country : |
Switzerland |
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Date of Incorporation : |
23.06.1994 |
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Com. Reg. No.: |
320.3.037.264-8 / 337880 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Manufacture of other special-purpose machinery |
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No. of Employees : |
565 |
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 : |
CHF 600'000 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Switzerland |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name and address
Gallus Ferd.
Rüesch AG
Operating
address:
Harzbüchelstrasse
34
9016 St. Gallen
Switzerland/CH
Telephone: 071
2428686
Fax: 071
2428989
Web
site: http://www.gallus-group.com
E-mail: info@gallus-group.com
VAT-No.: CHE105961232
Profile
Established: 1923
History: 1923: Established from Ferdinand Rüesch-Baur
Line
of Business: Machinery
Industry
Division: Manufacturing
Industry-code (NACE): 2899 Manufacture of other special-purpose
machinery n.e.c.
Import/Export: Export
Quality
certification: ISO 9001:2000
ISO
14001:2004
Banks: unknown
Operational Figures
Coverage: Company
Figures: approximately
Employees: 300
Sales: CHF 80-100 Mio
Activity
The business activities are the manufacture
and sale of machinery and equipment, particularly systems for label printing,
which permit various combinations of flexible processing and printing.
Real Estate
Real
Estate: It is understood
that the company owns certain property.
Company Register
Company
No: 320.3.037.264-8 /
337880
Legal
form: Company limited
by shares
Registration: 23.06.1994
Legal
status: active
Responsible
Register: Handelsregister des Kantons
St. Gallen
Auditor: PricewaterhouseCoopers
AG, St. Gallen
History: Date of Incorporation
Statutes: 22.06.1994
Entry Deleted Name
23.06.1994 Gallus
Ferd. Rüesch AG
Entry Deleted Legal domicile
23.06.1994 St.
Gallen, Switzerland
Entry Deleted Address
26.03.1996 Harzbüchelstrasse
34, 9016 St. Gallen/SG, Switzerland/CH
23.06.1994 26.03.1996 Spitalgasse 8, 9004 St.Gallen/SG,
Switzerland/CH
Entry Deleted Capital
23.06.1994 Share
Capital CHF 4'000'000, paidup CHF 4'000'000
Entry Deleted Capital Structure
23.06.1994 4'000
Registered shares of CHF 1'000.--
Entry Deleted Activity (original Language)
23.06.1994 Fabrikation
und Vertrieb von Maschinen und Apparaten, insbesondere von Druckmaschinen. Die
Gesellschaft kann Zweigniederlassungen im In- und Ausland errichten, sich
anderen Unternehmen im In- und Ausland beteiligen sowie Grundstücke erwerben,
halten und veräussern.
Entry Deleted Remarks (original Language)
15.03.2001 Merger:
Die Gesellschaft übernimmt auf dem Wege der Fusion die Gallus
Gebrauchtmaschinen AG, in St. Gallen. Aktiven von CHF 9'049'654.-- und Passiven
von CHF 11'147'486.-- gehen gemäss Fusionsvertrag vom 08.03.2001 und
Fusionsbilanz per 31.12.2000 durch Universalsukzession an die Gesellschaft
über, die bereits sämtliche Aktien der übernommenen Gesellschaft besitzt. Dabei
erlöschen diese Aktien und das Aktienkapital der übernehmenden Gesellschaft
bleibt unverändert.
29.06.1995 Merger:
Die Gesellschaft übernimmt auf dem Wege der Fusion die "Innoprint
AG", in Arnegg (Gossau SG). Aktiven von CHF 12'349'080.85 und Passiven von
CHF 15'678'329.78 gehen gemäss Fusionsvertrag vom 22.06.1995 und Fusionsbilanz
per 31.12.1994 durch Universalsukzession an die Gesellschaft über, die bereits sämtliche
Aktien der übernommenen Gesellschaft besitzt. Dabei erlöschen diese Aktien, und
das Aktienkapital der übernehmenden Gesellschaft bleibt unverändert.
23.06.1994 Publishing
authority: SHAB.
23.06.1994 Shares:
Die Übertragbarkeit der Namenaktien ist nach Massgabe der Statuten beschränkt.
23.06.1994 Contribution
in kind/Asset takeover: Die Gesellschaft übernimmt gemäss Sacheinlagevertrag
vom 15. Juni 1994 und Übernahmebilanz per 31. Dezember 1993 von der Gallus
Holding AG (vormals Ferd. Rüesch AG), in St. Gallen, teilweise Aktiven von CHF
91'010'081.-- und Passiven von CHF 87'010'081.--, wofür 4'000 Namenaktien zu
CHF 1'000.-- ausgegeben werden.
23.06.1994 Reports:
Die Mitteilungen der Gesellschaft an die Aktionäre erfolgen durch
eingeschriebenen Brief.
Official Administration
Title Name
President Peter J.
Hauser, Origin: Dielsdorf, Switzerland, Address: St. Gallen/SG, Switzerland,
joint signature of two, Registered since: 23.06.1994
Vice-President Ferdinand E.
Rüesch-Bühler jun., Origin: Gaiserwald, Switzerland, Address: St. Gallen/SG,
Switzerland, joint signature of two, Registered since: 23.06.1994
Executive
Director Martin
Wäspi, Origin: Stein am Rhein, Switzerland, Address: Gams/SG, Switzerland,
joint signature of two, Registered since: 22.11.1995
Management
Title Name
Member
with signing authority Urs Akermann,
Origin: St. Gallen, Switzerland, Address: Wolfertswil (Degersheim),
Switzerland, joint signature of two, Registered since: 03.05.1996
Member
with signing authority Wolfgang
Heinrich Merz, Origin: St. Gallen, Switzerland, Address: Winterthur/ZH,
Switzerland, joint signature of two, Registered since: 19.12.2010
Member
with signing authority Martin
Leonhard, Origin: Germany, Address: Rorschacherberg/SG, Switzerland, joint
signature of two, Registered since: 21.06.2007
Member
with signing authority Klaus
Bachstein, Origin: Austria, Address: Altach, Austria, joint signature of two,
Registered since: 22.11.1995
Member
with signing authority Stefan
Heiniger, Origin: Dürrenroth, Switzerland, Address: Roggwil/TG, Switzerland,
joint signature of two, Registered since: 20.03.2006
Member
with signing authority Daniel
Zeidler, Origin: Arlesheim, Switzerland, Address: 8280 Kreuzlingen/TG,
Switzerland, joint signature of two, Registered since: 30.03.2010
Member
with signing authority Rudolf
(Ruedi) Brunschweiler, Origin: Erlen, Riedt, Switzerland, Address: Sirnach/TG,
Switzerland, joint signature of two, Registered since: 25.08.1994
Member
with signing authority Gunnar
Voss-von Dahlen, Origin: Germany, Address: St. Gallen, Germany, joint signature
of two, Registered since: 24.05.2011
Member
with signing authority Markus
Volkart, Origin: Stadel, Switzerland, Address: Riedikon , Switzerland, joint
signature of two, Registered since: 13.07.2011
Member
with procuration Roland
Kuster, Origin: Diepoldsau, Switzerland, Address: Bichwil (Oberuzwil)/SG,
Switzerland, joint power of attorney of two, Registered since: 09.07.2003
Member
with procuration Roland
Stäheli, Origin: Egnach, Switzerland, Address: St. Gallen/SG, Switzerland,
joint power of attorney of two, Registered since: 25.08.1994
Member
with procuration Walter
Ehrler, Origin: Küssnacht am Rigi, Switzerland, Address: 9122 Mogelsberg /SG,
Switzerland, joint power of attorney of two, Registered since: 25.08.1994
Member
with procuration Hans-Jörg
(Hansjörg) Scheuble, Origin: Winterthur, Switzerland, Address: Heerbrugg
(Berneck)/SG, Switzerland, joint power of attorney of two, Registered since:
19.02.1998
Member
with procuration Peter
Waldburger, Origin: Hundwil, Switzerland, Address: Speicherschwendi (Speicher),
Switzerland, joint power of attorney of two, Registered since: 03.05.1996
Member
with procuration Ivo
Rüdlinger, Origin: Wiesendangen, Switzerland, Address: Münchwilen/TG,
Switzerland, joint power of attorney of two, Registered since: 21.06.2007
Member
with procuration Dr. Thomas
Weber, Origin: Rothrist, Switzerland, Address: 8706 Meilen/ZH, Switzerland,
joint power of attorney of two, Registered since: 16.08.2001
Member
with procuration Emilio Ferrari,
Origin: St. Gallen, Switzerland, Address: St. Gallen/SG, Switzerland, joint
power of attorney of two, Registered since: 22.03.1995
Member
with procuration René
Abächerli, Origin: Bonfol, Switzerland, Address: Uttwil, Switzerland, joint
power of attorney of two, Registered since: 08.07.2005
Member
with procuration Heinz
Brocker, Origin: Altstätten, Switzerland, Address: St. Gallen/SG, Switzerland,
joint power of attorney of two, Registered since: 25.08.1994
Member
with procuration Othmar Heeb,
Origin: Liechtenstein, Address: Ruggell , Liechtenstein, joint power of
attorney of two, Registered since: 22.03.1995
Executive board
Title Name
Chief
Executive Officer Klaus
Bachstein (klaus.bachstein@gallus.ch)
Chief
Financial Officer Martin
Wäspi (martin.waespi@gallus.ch)
Chief
Marketing & Sales Officer Wolfgang
Heinrich Merz
Key
Account Manager Ferdinand
E. Rüesch-Bühler jun.
Chief
Production Officer Urs
Akermann (urs.akermann@gallus.ch)
Chief
Technical Officer Dr.
Thomas Weber (thomas.weber@gallus.ch)
Chief
Human Resources Officer Rudolf (Ruedi)
Brunschweiler (ruedi.brunschweiler@gallus.ch)
Chief
Business Segment Officer Stefan
Heiniger
Chief
Purchase Officer Hans-Jörg
(Hansjörg) Scheuble
Financial Data Gallus Group
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 31.12.2010 31.12.2009 31.12.2008 31.12.2007 31.12.2006
Number of months: 12 12 12 12 12
Currency: th.
CHF th. CHF th. CHF th. CHF th.
CHF
Operating revenue 178'000.0 214'000.0 237'000.0 289'000.0 283'000.0
Capital 2'500.0 2'500.0 2'500.0 2'500.0 2'500.0
Sales per Employee 315.0 379.0 370.0 419.0 422.0
Employees at year end 565 565 640 690 670
Ultimate Parent Company
Name: Gallus Holding AG
City/Country: St. Gallen, Switzerland/CH
Owner/-s
No.
of Owner/-s: 1
Owner: The company is domestic
owned.
Class: 100%
Name: Gallus Holding AG
City/Country: St. Gallen, Switzerland/CH
Interest: 100.00% voting right,
100.00% capital interest
Sisters
Name: Gallus Australia Pty
Ltd
City/Country: Bayswater, Australia/AU
Name: Gallus Druckmaschinen
GmbH
City/Country: Langgöns, Germany/DE
Name: Gallus Group UK
Limited
City/Country: Royston, United Kingdom/GB
Name: Gallus Inc
City/Country: Philadelphia, United States of
America/US
Name: Gallus Scandinavia AS
City/Country: Glostrup, Denmark/DK
Name: Gallus Stanz- und
Druckmaschinen GmbH
City/Country: Weiden i.d.OPf., Germany/DE
Name: Gallus-Group Vertriebs
GmbH (Deutschland) für Druckmaschinen
City/Country: Langgöns-Oberkleen, Germany/DE
Investments
It is believed that the company has no
investments.
Remarks
Debt collection case:
MAI 2008: CHF 81.20, still open
Legal Actions
Control date Year No. Amount CHF Status
20.09.2011 2011 0
20.09.2011 2010 0
20.09.2011 2009 0
20.09.2011 2008 0
20.09.2011 2007 0
20.09.2011 2006 0
07.01.2008 2005 0
07.01.2008 2004 0
07.01.2008 2003 0
07.01.2008 2002 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
appears to be good.
Payment
experiences: Payment habits are
considered good.
Maximum
Credit: CHF 600'000.--
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.39 |
|
|
1 |
Rs.80.20 |
|
Euro |
1 |
Rs.68.92 |
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 |
|
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 |
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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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.