MIRA INFORM REPORT
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Report Date : |
16.12.2011 |
IDENTIFICATION DETAILS
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Name : |
SMS Concast AG |
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Registered Office : |
Tödistrasse 9, 8027 Zürich |
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Country : |
Switzerland |
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Date of Incorporation : |
07.05.1954 |
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Com. Reg. No.: |
020.3.905.742-1 / 37853 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
manufacture and distribution of Electrical Arc Furnaces
AC/DC, Vacuum Degassing Plants VD/VOD, Ladle Furnaces, Continuous Casting
Machines for blooms, beam blanks, rounds and billets, Minimills |
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No. of Employees
: |
90 persons |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
CHF 250'000 |
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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 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Switzerland |
a2 |
a2 |
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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
SMS Concast AG
Operating address
Tödistrasse 9
8027 Zürich
Switzerland/CH
Telephone: 044
2046511
Fax: 044
2028122
Web
site: http://www.sms-concast.ch
E-mail: sales@sms-concast.ch
VAT-No.: CHE103878488
Profile
Established: 1954
Line
of Business: Consumer goods
manufacturing, Machinery
Industry
Division: Manufacturing
Industry-code (NACE): 3299 Other manufacturing n.e.c.
2899 Manufacture of other special-purpose
machinery n.e.c.
Import/Export: Export
Banks: unknown
Operational Figures
Coverage: Company
Figures: estimated
Employees: 90
Sales: CHF 22'000'000.--
Activity
The business activities includes the manufacture and distribution of
Electrical Arc Furnaces AC/DC, Vacuum Degassing Plants VD/VOD, Ladle Furnaces, Continuous
Casting Machines for blooms, beam blanks, rounds and billets, Minimills.
Real Estate
Real Estate: The
company owns buildings.
Company Register
Company
No: 020.3.905.742-1 / 37853
Legal
form: Company limited
by shares
Registration: 07.05.1954
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Zürich (since 16.04.1957)
Auditor: BDO AG
(CH-020.3.927.603-5), Zürich
History: Date of Statutes:
23.11.1981
Date of
Statutes: 06.05.2009
Date of
Statutes: 29.04.2008
Date of Statutes:
01.06.2004
Date of
Statutes: 22.12.2000
Date of
Statutes: 18.09.1992
Entry Deleted Name
11.05.2009 SMS
Concast AG
11.05.2009 SMS
Concast Ltd (Name translated)
11.05.2009 SMS
Concast SA (Name translated)
11.06.2004 Concast Holding AG
11.06.2004 Concast Holding SA (Name translated)
11.06.2004 Concast Holding Ltd (Name translated)
11.06.2004 11.05.2009 Concast AG
11.06.2004 11.05.2009 Concast SA (Name translated)
11.06.2004 11.05.2009 Concast Ltd (Name translated)
Entry Deleted Legal domicile
active Zürich,
Switzerland
Entry Deleted Address
12.06.1998 Tödistrasse
9, 8002 Zürich/ZH, Switzerland/CH
12.06.1998 Tödistrasse 7, 8002 Zürich/ZH, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 2'000'000, paidup CHF 2'000'000
Entry Deleted Capital Structure
active 20'000
Bearer shares of CHF 100.--
Entry Deleted Activity (original Language)
11.06.2004 Die
Gesellschaft bezweckt in erster Linie die Herstellung und den Vertrieb von
Stranggussanlagen für Knüppel- und Vorblock-Formate mit den entsprechenden
Verschleiss- und Ersatzteilen, von elektrischen Lichtbogenöfen und deren
peripheren Einrichtungen sowie von besonderen Baueinheiten für
Stranggussanlagen irgendwelcher Bauart. Die Gesellschaft kann im In- und
Ausland Zweigniederlassungen und Tochtergesellschaften errichten sowie
Beteiligungen erwerben, verwalten und veräussern. Die Gesellschaft kann im In-
und Ausland Grundstücke sowie Patent- Marken-, Urheber-, Design- und alle
übrigen Immaterialgüterrechte erwerben, verwalten oder veräussern. Die
Gesellschaft kann alle weiteren Geschäfte tätigen und Massnahmen ergreifen, die
geeignet erscheinen, den Zweck der Gesellschaft zu fördern oder mit diesem
direkt oder indirekt zusammenhängen.
11.06.2004 Beteiligung an anderen Gesellschaften im In-
und Ausland, insbesondere an Unternehmen, die als Maschinenbauer die
Stahlindustrie beliefern; kann Liegenschaften erwerben, verwalten und
verkaufen.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
active Financial
data: CHF 334'000.-- aus freien Reserven liberiert.
08.08.2008 Capital:
Bei der Kapitalherabsetzung vom 29.04.2008 werden 2'406
Inhaberpartizipationsscheine zu CHF 100.00 vernichtet und zurückbezahlt; die
Beachtung der gesetzlichen Vorschriften von Art. 734 OR wird mit öffentlicher
Urkunde vom 14.07.2008 festgestellt.
11.06.2004 Merger:
Die Gesellschaft übernimmt auf dem Wege der Fusion die Concast AG, in Zürich.
Aktiven von CHF 210'448'084.-- und Passiven von CHF 175'128'814.-- gehen gemäss
Fusionsvertrag vom 20.05.2004 und Fusionsbilanz per 01.01.2004 durch
Universalsukzession auf die Gesellschaft über, die bereits sämtliche Aktien der
übernommenen Gesellschaft besitzt. Dabei erlöschen diese Aktien, und das
Aktienkapital der übernehmenden Gesellschaft bleibt unverändert.
11.06.2004 Reports:
Mitteilungen der Gesellschaft an die Aktionäre erfolgen durch einmalige
Publikation im SHAB oder, wenn die Namen und Adressen aller Aktionäre und
Nutzniesser bekannt sind, durch Brief an die letzte der Gesellschaft bekannt
gegebene Adresse.
Official Administration
Title Name
President Dr. Joachim
Schönbeck, Origin: Germany, Address: Mönchengladbach, Germany, joint signature
of two, Registered since: 03.04.2007
Vice-President Burkhard Dahmen,
Origin: Germany, Address: Neuss, Germany, joint signature of two, Registered
since: 02.03.2006
Chief
Executive Jacques
Zuber, Origin: Fischingen, Switzerland, Address: 8917 Oberlunkhofen/AG,
Switzerland, joint signature of two, Registered since: 19.07.2004
Executive
Director Torsten
Heising, Origin: Germany, Address: Aachen , Germany, joint signature of two,
Registered since: 01.02.2011
Executive
Director Walter
Hess, Origin: Geuensee, Switzerland, Address: Bünzen/AG, Switzerland, joint signature
of two, Registered since: 11.06.2004
Management
Title Name
Vice-Director Walter Hakios,
Origin: Altdorf SH, Switzerland,
Address: Salenstein, Switzerland, joint signature of two, Registered since:
19.07.2004
Vice-Director Josef Kohl,
Origin: Austria, Address: Schönenberg /ZH, Switzerland, joint signature of two,
Registered since: 19.07.2004
Vice-Director Riccardo
Gottardi, Origin: Italy, Address: Weiningen /ZH, Switzerland, joint signature
of two, Registered since: 19.07.2004
Vice-Director Beat Kündig,
Origin: Hittnau, Switzerland, Address: 8820 Wädenswil/ZH, Switzerland, joint
signature of two, Registered since: 19.07.2004
Vice-Director Dr. Stephan
Feldhaus, Origin: Germany, Address: 8610 Uster/ZH, Switzerland, joint signature
of two, Registered since: 16.02.2007
Vice-Director Stefan Oskar
Rutishauser, Origin: Bottighofen, Switzerland, Address: 9000 St. Gallen/SG,
Switzerland, joint signature of two, Registered since: 15.09.2010
Member
with procuration Erich Frank,
Origin: Langnau im Emmental, Switzerland, Address: 8400 Winterthur/ZH,
Switzerland, joint power of attorney of two, Registered since: 11.02.2008
Member
with procuration Thomas
Laczko, Origin: Rossa, Switzerland, Address: 8620 Wetzikon/ZH, Switzerland,
joint power of attorney of two, Registered since: 11.02.2008
Member
with procuration Pierpaolo
Rivetti, Origin: Italy, Address: Zürich/ZH, Switzerland, joint power of
attorney of two, Registered since: 16.02.2007
Member
with procuration Marcel
Meier, Origin: Künten, Switzerland, Address: 5400 Baden/AG, Switzerland, joint
power of attorney of two, Registered since: 16.02.2007
Member
with procuration Dieter
Zaugg, Origin: Trub, Switzerland, Address: 8802 Hunzenschwil/AG, Switzerland,
joint power of attorney of two, Registered since: 11.02.2008
Member
with procuration Dr.
Cristiano Tercelli, Origin: Italy, Address: Zürich, Switzerland, joint power of
attorney of two, Registered since: 19.07.2004
Member
with procuration Thomas
Meier, Origin: Dietikon, Switzerland, Address: Schaffhausen, Switzerland, joint
power of attorney of two, Registered since: 19.07.2004
Member
with procuration Johannes
Paul Laufenburg, Origin: Germany, Address: Umiken, Switzerland, joint power of
attorney of two, Registered since: 08.09.2008
Member
with procuration André Dittmann,
Origin: Rothenburg, Switzerland, Address: 8810 Horgen/ZH, Switzerland, joint
power of attorney of two, Registered since: 03.02.2009
Executive board
Title Name
Chief
Executive Officer Jacques
Zuber
Chief
Financial Officer Walter
Hakios
Chief
Sales Officer Stefan
Oskar Rutishauser
Chief
Business Segment Officer Riccardo
Gottardi
Chief
Business Segment Officer Dr. Stephan
Feldhaus
Chief
Business Segment Officer Beat Kündig
Chief
Business Segment Officer Johannes Paul
Laufenburg
Ultimate Parent Company
Name: Siemag Weiss GmbH
& Co. KG
City/Country: Hilchenbach-Dahlbruch,
Germany/DE
Owner/-s
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Name: SMS GmbH
City/Country: Düsseldorf, Germany/DE
Interest: 100.00% voting right, 100.00%
capital interest
Investments
Class: 100%
Name: Concast UK Ltd
City/Country: Stockton on Tees, United
Kingdom/GB
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: SMS Concast America
Inc.
City/Country: Pittsburgh, United States of
America/US
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: SMS Concast Canada
Inc.
City/Country: Ontario, Canada/CA
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: SMS Concast
Engineering (India) Pvt. Ltd
City/Country: Pune, India/IN
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: SMS Concast Iberica
S.A.
City/Country: Barcelona, Spain/ES
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: SMS Concast Italia SpA
City/Country: Udine, Italy/IT
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: SMS Concast Metalurgia
Ltda.
City/Country: Barueri, Brazil/BR
Interest: 100.00% voting right,
100.00% capital interest
Legal Actions
Control date Year No. Amount CHF Status
13.09.2011 2011 0
13.09.2011 2010 0
13.09.2011 2009 0
13.09.2011 2008 0
13.09.2011 2007 0
13.09.2011 2006 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: Payment habits are
considered good.
Maximum
Credit: CHF 250'000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.24 |
|
UK Pound |
1 |
Rs.83.77 |
|
Euro |
1 |
Rs.70.46 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.