MIRA INFORM REPORT

 

 

Report Date :           

04.11.2011

 

IDENTIFICATION DETAILS

 

Name :

NOVEX TRADING (SWISS) SA

 

 

Registered Office :

Riva Paradiso 2, Palazzo Mantegazza, 6900 Paradiso

 

 

Country :

Switzerland

 

 

Date of Incorporation :

07.11.2007

 

 

Com. Reg. No.:

501.3.009.504-8 / 889442

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

trading in steel products and metallurgical raw materials

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

CHF 500'000

Status :

Moderate

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Switzerland

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 Bottom of Form

Company name

 

Novex Trading (Swiss) SA

 

 

Operating address

 

Riva Paradiso 2

Palazzo Mantegazza

6900 Paradiso

Switzerland/CH

Telephone:                    091 9853040

Fax:                             091 9853041

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

E-mail:                         contact@novextrading.ch

VAT-No.:                      CHE113916305

 

 

Profile

 

Established:                  2007

Line of Business:           Consumer goods wholesale

Industry Division:           Wholesale trade

Industry-code (NACE):     4672     Wholesale of metals and metal ores

Import/Export:               Import, Export

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                     Company

Figures:                        approximately

Employees:                  15

 

 

Activity

 

The business activities includes trading in steel products and metallurgical raw materials.

 

 

Real Estate

 

Information on property ownership was not available.

 

Company Register

 

Company No:                501.3.009.504-8 / 889442

Legal form:                    Company limited by shares

Registration:                 07.11.2007

Legal status:                 active

Responsible Register:    Registro di commercio del Cantone Ticino

Auditor:                        PricewaterhouseCoopers SA, Lugano

History:                        Date of Statutes: 17.09.2009

                                    Date of Statutes: 07.05.2008

                                    Date of Incorporation Statutes: 05.11.2007

 

Entry            Deleted   Name

07.11.2007                    Novex Trading (Swiss) SA

 

Entry            Deleted   Legal domicile

24.09.2009                    Paradiso, Switzerland

07.11.2007    24.09.2009  Lugano, Switzerland

 

Entry            Deleted   Address

24.09.2009                    Riva Paradiso 2, Palazzo Mantegazza, 6900 Paradiso/TI, Switzerland/CH

21.01.2008    24.09.2009  Riva Caccia 1, 6900 Lugano/TI, Switzerland/CH

07.11.2007    21.01.2008  c/o Studio legale Perucchi & Baggi, Via Ferruccio Pelli 9, Casella postale 6263, 6901 Lugano/TI, Switzerland/CH

 

Entry            Deleted   Capital

07.11.2007                    Share Capital CHF 1'000'000, paidup CHF 1'000'000

 

Entry            Deleted   Capital Structure

07.11.2007                    1'000 Registered shares of CHF 1'000.--

 

Entry            Deleted   Activity (original Language)

09.05.2008                    L'acquisto, la vendita, la distribuzione ed il commercio di prodotti in acciaio e di materiali metallurgici grezzi in Svizzera ed all'estero. La società fornisce pure servizi di rappresentanza e di agenzia alle società che effettuano trading di prodotti di acciaio e di materiali metallurgici grezzi. La società può assumere partecipazioni in altre società, associazioni o consorzi in Svizzera e all'estero, acquisire, possedere e vendere titoli e beni immobili. La società può emettere vaglia cambiari, obbligazioni e ogni altro titolo di credito, accendere ipoteche, costituire pegni o altrimenti gravare la sua proprietà, i suoi interessi o introiti o parte di essi per garantire i propri impegni, stipulare contratti di pegni o di garanzia richiesti od utilizzati per l'espletamento, la promozione ed il raggiungimento degli obiettivi relativi alle proprie attività commerciali e di quelle delle sue affiliate. La società può anche assicurare impegni di altre società o persone del gruppo (compresi i suoi azionisti e società o persone del gruppo di cui), in particolare sotto forma di garanzie, pegni, cessioni globali, assegnazioni fiduciari e cessioni a titolo di garanzia, sia per suo beneficio o sia in favore di altre società o persone. La società può inoltre esercitare tutte le attività commerciali, industriali, finanziarie o di altro genere che siano permesse secondo le leggi vigenti in Svizzera.

07.11.2007    09.05.2008  L'acquisto, la vendita, la distribuzione ed il commercio di prodotti in acciaio e di materiali metallurgici grezzi in Svizzera ed all'estero. La società fornisce pure servizi di rappresentanza e di agenzia alle società che effettuano trading di prodotti di acciaio e di materiali metallurgici grezzi. La società può assumere partecipazioni in altre società, associazioni o consorzi in Svizzera e all'estero, acquisire, possedere e vendere titoli e beni immobili. La società può emettere vaglia cambiari, obbligazioni e ogni altro titolo di credito, accendere ipoteche, costituire pegni o altrimenti gravare la sua proprietà, i suoi interessi o introiti o parte di essi per garantire i propri impegni, stipulare contratti di pegni o di garanzia richiesti od utilizzati per l'espletamento, la promozione ed il raggiungimento degli obiettivi relativi alle proprie attività commerciali e di quelle delle sue affiliate, può inoltre esercitare tutte le attività commerciali, industriali, finanziarie o di altro genere che siano permesse secondo le leggi vigenti in Svizzera.

 

Entry            Deleted   Remarks (original Language)

07.11.2007                    Publishing authority: FUSC.

07.11.2007                    Shares: La trasferibilità delle azioni nominative è limitata dallo statuto.

07.11.2007                    Reports: Le comunicazioni della società agli azionisti avvengono mediante lettera.

 

 

Official Administration

 

Title                                           Name

President                                    Alexander Kozlov, Origin: Russia, Address: Nicosia, Cyprus, single signature

Executive Director                       Giovanni Zuccolotto, Origin: Mezzovico-Vira, Switzerland, Address: 6966 Villa Luganese/TI, Switzerland, joint signature of two, Appointment: 17.09.2009

Executive Director                       Giorgio Della Santa, Origin: Lugano, Switzerland, Address: 6946 Ponte Capriasca/TI, Switzerland, joint signature of two

 

 

Management

 

Title                                           Name

Director                                      Andrey Grishkov, Origin: Russia, Address: Lugano/TI, Switzerland, single signature

Director                                      Nicolò Bisconti, Origin: Italy, Address: 6977 Ruvigliana/TI, Switzerland, single signature

Director                                      Andrey Mamyshev, Origin: Russia, Address: 6900 Paradiso/TI, Switzerland, single signature

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Nicolò Bisconti

 

 

Ultimate Parent Company

 

Name:                          NOVOLIPETSK STEEL (NLMK)

City/Country:                 Russia, Russia/RU

 

 

Owner/-s

 

No. of Owner/-s:            1

Owner:                         The company is foreign owned.

 

Class:                          100%

Name:                          NLMK International B.V.

City/Country:                 Amsterdam, Netherlands/NL

Interest:                        100.00% voting right, 100.00% capital interest

 

 

Investments

 

It is believed that the company has no investments.

 

 

Legal Actions

 

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 difficult to assess.

 

Payment experiences:   There are no objections regarding the payment of financial obligations.

 

Maximum Credit:           CHF 500'000

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.49.37

UK Pound

1

Rs.78.50

Euro

1

Rs.67.59

 

 

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%)

 

 

 

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.