MIRA INFORM REPORT

 

 

Report Date :

17.02.2011

 

IDENTIFICATION DETAILS

 

Name :

REFRATECHNIK CEMENT GMBH

 

 

Registered Office :

Rudolf-Winkel-Str. 1,  D 37079 Göttingen

 

 

Country :

Germany

 

 

Year of Establishment  :

1953

 

 

Com. Reg. No.:

HRB 411

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of Refractory Products

 

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 :

EUR 250.000

 

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

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 – June 30, 2010

 

Country Name

Previous Rating

                   (01.04.2010)                  

Current Rating

(30.06.2010)

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

 

Refratechnik Cement GmbH

 

Rudolf-Winkel-Str. 1

D 37079 Göttingen

Telephone:0551-6941-0

Telefax:  0551-6941-104

Homepage: www.refra.com

E-mail:   refra@refra.com

 

 

VAT no

           

DE115300030

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

 

LEGAL FORM                 Private limited company

Date of foundation          :  1953

Shareholders'

Agreement                    : 23.03.1953

Registered on                : 14.03.1957

Commercial Register      : Local court 37073 Göttingen

Under                            : HRB 411

Share capital                 : EUR 40.000.000,00

 

 

Shareholder

 

Refratechnik Holding GmbH

Adalperostr. 86

D 85737 Ismaning

Legal form: Private limited company

Share capital:     EUR        105.000.000,00

Share:             EUR         40.000.000,00

Registered on: 21.08.2001

Reg. data: 80797 München, HRB 138677

Control and profit transfer agreement

Manager

 

Dr. Thomas Reimer

Mühlspielweg 10

D 37077 Göttingen

Profession: Technical employee

 

Manager:

Wolfgang Tabbert

D 37412 Herzberg

having sole power of representation

 

Manager:

Frank Aehlen

Spielberger Str. 34a

D 70435 Stuttgart

having sole power of representation

born: 21.12.1967

 

 

Proxy

 

Günther Dräger

D 37133 Friedland

authorized to jointly represent the company

 

Proxy:

Eckhard Hobrecht

D 37073 Göttingen

authorized to jointly represent the company

born: 05.01.1947

 

Proxy:

Dr. Uwe Schumacher

D 68804 Altlußheim

authorized to jointly represent the company

born: 15.06.1960

 

Proxy:

Gerd Helmus

D 76646 Bruchsal

authorized to jointly represent the company

born: 31.03.1952

 

Proxy:

Dr. Hansjürgen Klischat

D 37130 Gleichen

authorized to jointly represent the company

born: 10.05.1959

 

Proxy:

Klaus Kassau

D 37181 Hardegsen

authorized to jointly represent the company

born: 12.09.1958

 

Proxy:

Peter Groger

D 37079 Göttingen

authorized to jointly represent the company

born: 11.05.1967

 

Proxy:

Dieter Geile

D 37520 Osterode

authorized to jointly represent the company

born: 07.10.1956

 

Proxy:

Heiko Maier

D 72649 Wolfschlugen

authorized to jointly represent the company

born: 31.10.1976

 

Proxy:

Janning Gorf

D 37589 Kalefeld

authorized to jointly represent the company

born: 12.07.1967

 

Proxy:

Wolfgang Gerhards

D 76703 Kraichtal

authorized to jointly represent the company

born: 31.08.1958

 

 

BUSINESS ACTIVITIES

 

Sectors

23200   Manufacture of refractory products

46132   Agents involved in the sale of building materials and

coatings

 

 

BRANCHES AND FACTORIES

 

Branch:

Refratechnik GmbH - Werk II -

Alte Münzesheimer Str. 13

D 76703 Kraichtal

TEL.: 07258/91120

FAX.: 07258/911227

 

 

FINANCIAL INFORMATION

 

Payment experience:     cash discount/within agreed terms

 

Negative information:      We have no negative information at hand.

 

Maximum credit:            250.000 EUR

 

 

REAL ESTATE

 

Type of ownership:         proprietor

Share:                           100,00 %

Address                         Rudolf-Winkel-Str. 1

D 37079 Göttingen

Type of real estate: factory building

 

Land register documents were not available.

 

 

BANKERS

 

Principal bank

NORDDEUTSCHE LANDESBANK GIROZENTRALE, HANNOVER

Sort. code: 25050000, BIC: NOLADE2HXXX

 

Further banks

DEUTSCHE BANK, GÖTTINGEN, NIEDERSACHS

 

Sort. code: 26070072, BIC: DEUTDE2H260

SEB, GÖTTINGEN, NIEDERSACHS

Sort. code: 26010111, BIC: ESSEDE5F260

 

FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.

 Turnover:            2009               EUR        135.682.000,00

                      2010               EUR        136.000.000,00

 further business figures:

 Share capital:                          EUR         40.000.000,00

 Equipment:                              EUR         28.120.000,00

 Employees:                                                    358

 

Control and profit transfer agreement to:

Refratechnik Holding GmbH

Adalperostr. 86

D 85737 Ismaning

 

The aforementioned business figures may partly be estimated information based on average values in the line of business.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.45

UK Pound

1

Rs.72.90

Euro

1

Rs.61.43

 

 

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 Company

----

 

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.