MIRA INFORM REPORT
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Report Date : |
12.10.2011 |
IDENTIFICATION DETAILS
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Name : |
WARTSILA SCHWEIZ AG |
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Registered Office : |
Zürcherstrasse 12, Postfach 414, 8400
Winterthur |
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Country : |
Switzerland |
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Date of Incorporation : |
12.06.1989 |
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Com. Reg. No.: |
020.3.916.886-7 / 400462 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
development, manufacture
and service of diesel engines,
especially for container ships |
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 800'000 |
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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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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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 & address
Wärtsilä Schweiz AG
Operating address:
Zürcherstrasse 12
Postfach 414
8400 Winterthur
Switzerland/CH
Telephone: 052
2624922
Fax: 052
2620717
Web
site: http://www.wartsila.com
E-mail: mail-ch@wartsila.com
VAT-No.: CHE108762947
Profile
Established: 1989
Line
of Business: Financial services,
Machinery
Industry
Division: Services,
Manufacturing
Industry-code (NACE): 6420 Activities of holding companies
2811 Manufacture of engines and turbines, except
aircraft, vehicle and cycle engines
Import/Export: Export
Export
sales: 99.0%
Banks: unknown
Operational Figures
Coverage: Company
Figures: approximately
Employees: 400
Sales: CHF 500'000'000.--
Activity
The business activities includes the development, manufacture and service
of diesel engines, especially for container ships.
Real Estate
Information on property ownership was not available.
Company Register
Company
No: 020.3.916.886-7 /
400462
Legal
form: Company limited
by shares
Registration: 12.06.1989
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Zürich
Auditor: KPMG AG, Zürich
History: Date of Statutes:
29.10.1990
Date of
Statutes: 05.10.1990
Date of
Statutes: 19.12.2008
Date of
Statutes: 15.12.2000
Date of
Statutes: 14.09.2000
Date of
Statutes: 24.07.1997
Date of
Statutes: 25.04.1997
Entry Deleted Name
02.10.2000 Wärtsilä
Suisse SA (Name translated)
02.10.2000 Wärtsilä
Switzerland Ltd. (Name translated)
22.09.2000 Wärtsilä
Schweiz AG
23.05.1997 New Sulzer Diesel AG
removed MBS Dieselmotoren AG
removed Sulzer Diesel AG
removed Sulzer Diesel SA (Name translated)
23.05.1997 New Sulzer Diesel Ltd (Name translated)
23.05.1997 New Sulzer Diesel SA (Name translated)
removed MBS Diesel Engines Ltd (Name translated)
removed Sulzer Diesel Ltd (Name translated)
23.05.1997 22.09.2000 Wärtsilä NSD Schweiz AG
Entry Deleted Legal domicile
active Winterthur,
Switzerland
Entry Deleted Address
12.05.1992 Zürcherstrasse
12, 8401 Winterthur/ZH, Switzerland/CH
Entry Deleted Capital
11.12.1997 Share
Capital CHF 50'000'000, paidup CHF 50'000'000
Entry Deleted Capital Structure
27.02.2006 50'000
Registered shares of CHF 1'000.--
Entry Deleted Activity (original Language)
07.07.2009 Die Gesellschaft
bezweckt die Entwicklung, den Vertrieb, die Herstellung und den Unterhalt von
Dieselmotoren und dieselbetriebenen Anlagen. Zusätzlich erbringt und
organisiert die Gesellschaft Dienstleistungen für sich selbst und andere
Gesellschaften der Wärtsilä Gruppe im In- und Ausland. Insbesondere kann sie im
In- und Ausland Ersatzteile an Dritte oder andere Gesellschaften der Wärtsilä
Gruppe kaufen oder verkaufen, Bestellungen koordinieren, strategische und
operative Einkäufe tätigen sowie Werkstoffe aller Art verwalten, transportieren
und an Lager halten. Die Gesellschaft kann im In- und Ausland
Zweigniederlassungen errichten, sich an anderen Unternehmungen im In- und
Ausland beteiligen oder solche finanzieren, gleichartige oder verwandte
Unternehmen gründen oder erwerben. Sie kann Lizenzen vergeben, Vertretungen
übernehmen, Grundstücke erwerben und veräussern sowie alle Geschäfte tätigen
und Verträge abschliessen, die mit dem Gesellschaftszweck in Verbindung stehen.
07.07.2009 Entwicklung, Vertrieb, Herstellung und
Unterhalt von Dieselmotoren und dieselbetriebenen Anlagen; kann sich an anderen
Unternehmungen im In- und Ausland beteiligen oder solche finanzieren,
gleichartige oder verwandte Unternehmungen gründen oder erwerben sowie Lizenzen
vergeben und Vertretungen übernehmen.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
27.02.2006 Shares:
Bei der Kapitalherabsetzung vom 24.02.2006 werden 50'000 Namenaktien zu CHF
1'000.-- vernichtet. Gleichzeitig werden 50'000 voll liberierte Namenaktien zu
CHF 1'000.-- ausgegeben.
11.12.1997 Shares:
Bei der Kapitalherabsetzung vom 24.7.1997 werden 50'000 Namenaktien zu CHF
1'000.-- vernichtet und zurückbezahlt; die Beachtung der gesetzlichen
Vorschriften von Art. 734 OR wird mit öffentlicher Urkunde vom 1.12.1997
festgestellt.
23.05.1997 Reports:
Mitteilungen der Gesellschaft an die Aktionäre erfolgen durch Brief an die
Aktionäre an die im Aktienbuch eingetragene Adresse.
Official Administration
Title Name
President Lars Hellberg,
Origin: Sweden, Address: Kode, Sweden, joint signature of two
Executive
Director Stefan
Nysjö, Origin: Finland, Address: Petalax , Finland, joint signature of two,
Appointment: 10.11.2010
Executive
Director Jaakko-Veikko
Eskola, Origin: Finland, Address: Shanghai , China, joint signature of two,
Appointment: 07.07.2009
Management
Title Name
General
Manager Dr. Martin
Wernli, Origin: Thalheim AG, Switzerland, Address: Zürich/ZH, Switzerland,
joint signature of two
Company
Secretary Perttu Henttonen,
Origin: Finland, Address: Winterthur/ZH, Switzerland, joint signature of two
Member
with signing authority Carlos Eggart,
Origin: Arbon, Switzerland, Address: Winterthur/ZH, Switzerland, joint
signature of two
Member
with signing authority Jakob Jäggli,
Origin: Austria, Address: Winterthur/ZH, Switzerland, joint signature of two
Member
with signing authority Erkki Rahja,
Origin: Finland, Address: Winterthur/ZH, Switzerland, joint signature of two
Member
with signing authority Rudolf
Wettstein, Origin: Bassersdorf, Switzerland, Address: Hettlingen, Switzerland,
joint signature of two
Member
with signing authority Andreas
Wiesmann, Origin: Neunforn, Switzerland, Address: Illnau-Effretikon,
Switzerland, joint signature of two
Member
with signing authority Henricus
Rumoldus Baart, Origin: Netherlands, Address: Elgg, Switzerland, joint
signature of two
Member
with signing authority Wolfgang
Dunker, Origin: Winterthur, Switzerland, Address: Humlikon, Switzerland, joint
signature of two
Member
with signing authority Anders Eklund,
Origin: Finland, Address: Elsau, Switzerland, joint signature of two
Member
with signing authority Klemens
Kaufmann, Origin: Wikon, Switzerland, Address: Niederglatt, Switzerland, joint
signature of two
Member
with signing authority Ole Pyndt
Hansen, Origin: Denmark, Address: Winterthur/ZH, Switzerland, joint signature
of two
Member
with signing authority Roland Eduard
Leuthold, Origin: Germany, Address: Tägerwilen, Switzerland, joint signature of
two
Member
with signing authority Carsten
Eisenkrämer, Origin: Germany, Address: 5408 Ennetbaden/AG, Switzerland, joint
signature of two, Appointment: 11.03.2010
Member
with signing authority Daniel August
Wäger, Origin: Goldingen, Switzerland, Address: 8400 Winterthur/ZH,
Switzerland, joint signature of two, Appointment: 07.07.2009
Member
with signing authority Konrad Felix
Huber, Origin: Zürich, Switzerland, Address: 8708 Männedorf/ZH, Switzerland,
joint signature of two, Appointment: 11.03.2010
Member
with signing authority Lars Anders Anderson,
Origin: Finland, Address: Winterthur/ZH, Switzerland, joint signature of two
Member
with signing authority Klaus-Peter
Max Kube, Origin: Germany, Address: Winterthur/ZH, Switzerland, joint signature
of two, Appointment: 10.11.2010
Member
with signing authority Björn Anders
Gustav Hultqvist, Origin: Sweden, Address: Zollikon, Switzerland, joint
signature of two, Appointment: 10.11.2010
Member
with signing authority Claude Gerhard
Schönherr, Origin: Oberdorf BL, Switzerland, Address: Wigoltingen, Switzerland,
joint signature of two, Appointment: 10.11.2010
Member
with signing authority Dietmar Alois
Schlager, Origin: Winterthur, Switzerland, Address: Winterthur/ZH, Switzerland,
joint signature of two, Appointment: 10.11.2010
Member
with signing authority Rolf Bützer,
Origin: Teuffenthal BE, Switzerland, Address: Winterthur/ZH, Switzerland, joint
signature of two
Member
with signing authority Markus Hummel,
Origin: Gottlieben, Switzerland, Address: Obfelden, Switzerland, joint
signature of two
Member
with signing authority Patrick
Frigge, Origin: Germany, Address: Wigoltingen, Switzerland, joint signature of
two
Executive board
Title Name
Chief
Executive Officer Dr.
Martin Wernli
Ultimate Parent Company
Name: Wartsila Oyj
City/Country: Helsinki, Finland/FI
Owner/-s
No. of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Name: Wartsila Oyj
City/Country: Helsinki, Finland/FI
Interest: 100.00% voting right,
100.00% capital interest (since 1997)
Investments
It is believed that the company has no investments.
Legal Actions
Control date Year No. Amount CHF Status
18.11.2010 2010 0
18.11.2010 2009 0
18.11.2010 2008 1 6'214.-- Opposition filed
18.11.2010 2007 0
18.11.2010 2006 1 5'744'475.-- Opposition filed
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: Payments are made with
arranged conditions.
Maximum
Credit: CHF 800'000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.03 |
|
UK Pound |
1 |
Rs.76.60 |
|
Euro |
1 |
Rs.66.80 |
RATING EXPLANATIONS
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
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NB |
New Business |
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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.