MIRA
INFORM REPORT
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Report Date : |
25.10.2011 |
IDENTIFICATION DETAILS
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Name : |
JUWI HOLDING AG |
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Registered Office : |
Energie-Allee 1 Wrrstadt, 55286 |
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Country : |
Germany |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
06.12.2005 |
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Com. Reg. No.: |
40163 |
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Legal Form : |
Public Parent |
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Line of Business : |
Management activities of holding companies |
RATING & COMMENTS
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MIRAs 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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Status : |
Good |
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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
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Germany |
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
juwi Holding AG
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Business
Description
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juwi Holding AG is primarily engaged in activities of managing holding
companies primarily engaged in holding the securities of (or other equity
interests in) companies and enterprises for the purpose of owning a
controlling interest or influencing management decisions. This class also
includes: activities of head offices, centralised administrative offices and
the like that administer, oversee and manage other units of the company or
enterprise and that normally undertake the strategic or organisational
planning and decision-making role of the company or enterprise. |
Industry
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Industry |
Commercial Banks |
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ANZSIC 2006: |
6240 - Financial Asset Investing |
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NACE 2002: |
7415 - Management activities of holding
companies |
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NAICS 2002: |
551112 - Offices of Other Holding
Companies |
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UK SIC 2003: |
7415 - Management activities of holding
companies |
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US SIC 1987: |
6719 - Offices of Holding Companies, Not
Elsewhere Classified |
Key Executives
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News
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1 - Profit &
Loss Item Exchange Rate: USD 1 = EUR 0.7190468
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.6969855
Corporate Overview
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The Strategic Initiatives report is created using technology to extract
meaningful insights from analyst reports about a company's strategic projects and
investments. More
about Strategic Initiatives
Strategic Initiatives
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Key Organizational Changes |
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With the installation of the largest rooftop solar power plant in Germany
we continue our environmental management and contribute to a reduction of CO2
emissions.Nov 18, 2010juwi
Enters Solar Energy Market In UKjuwi Holding AG (juwi) has entered the UK
market and further intensified its growing international business activities
with the establishment of an office in Birmingham by the company's
subsidiary, juwi Renewable Energies Ltd. In 2011 and 2012, the company said
that it will realize solar power plants with the capacity of more than
60MW.juwi will establish solar power projects in the UK, predominantly in the
south of the country. The company is going to develop photovoltaic projects
mainly self dependent, covering the entire process - from acquisition of
suitable land to the completion of the power plant. In addition, the company
will realize turnkey projects in which the company acts as the general
contractor for the design, engineering and construction of free field and
rooftop solar installations. Lars Falck, managing director juwi Solar Inc.
(juwi Solar) and at the moment managing director of juwi UK, said: "The
UK currently provides excellent conditions for the solar industry; the
country is becoming an attractive European market. |
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Photovoltaic (PV) projects with a total capacity in excess of 100MW
are scheduled to be installed in the coming years.juwi India Renewable
Energies will realize photovoltaic power projects all over India and the
SAARC (South Asian Association for Regional Cooperation) countries. In the
beginning, these projects will be turnkey projects in which the company acts
as the general contractor for the design, engineering and construction of
free-field and roof-top solar installations. In addition, juwi is going to
develop photovoltaic projects in India, covering the entire process – from
acquisition of suitable land to the completion of the power plant. Rajesh
Bhat, president of the juwi subsidiary in India, said: "India currently
provides excellent conditions for the solar industry and the country has the
most attractive market in all of Asia. As one of the leading developers,
juwi’s opportunities there are outstanding. |
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Corporate Structure News
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juwi Holding AG |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Wörrstadt, Rheinland-Pfalz |
Germany |
Commercial Banks |
784.4 |
650 |
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Subsidiary |
Wörrstadt |
Germany |
Semiconductors |
571.4 |
120 |
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Subsidiary |
Wörrstadt, Rheinland-Pfalz |
Germany |
Construction Services |
30.5 |
90 |
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Subsidiary |
Verona, Verona |
Italy |
Construction Services |
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35 |
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Subsidiary |
Honfleur |
France |
Miscellaneous Financial Services |
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34 |
Executives Report
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UK Foresight Group,
Italian VEI Capital form JV for investment in solar power
ADP Renewable Energy Track: 28 June 2011
[What follows is the full text of the news story.]
(ADPnews) - Jun
28, 2011 - UK private equity firm Foresight Group and Italian sector player VEI
Capital, managed by Palladiofinanziaria Spa, have formed a joint venture to
invest in solar power, solar market researcher Solarbuzz reported on its
website yesterday.
The co-investment
vehicle will be 40%-owned by Foresight and 60% by VEI, and will target
investment expansion into other renewable assets. Foresight will be also an
advisor and manager of the entity's solar assets.
The partnership's
first investment includes a 3.34 MW solar plant built by Juwi Energie
Rinnovabili, the Italian unit of German green energy producer Juwi Holding AG,
and a 4.7 MW solar plant. Both plants are located in Italy, connected to the
grid and operational.
Foresight's other
solar funds have by now invested in some GBP 150 million (USD 239.5m/EUR
167.4m) of operating photovoltaic (PV) assets in Italy and Spain, according to
the website.
(GBP 1.0 = USD
1.597/EUR 1.116)
Foresight Group
closes financing for 1.7 MW solar plant in Italy
ADP Renewable Energy Track: 18 January 2011
[What follows is the full text of the news story.]
(ADPnews) - Jan
18, 2011 - UK alternative asset manager Foresight Group said on Monday it has closed
construction financing for a 1.7 MW solar plant in Italy's Marche region.
Debt funding for
the project was obtained from Italian bank UBI Banca (BIT:UBI), Foresight said
without disclosing the amount.
The plant's
developers are Juwi Energie Rinnovabili Srl, which is the Italian unit of
German green energy producer Juwi Holding AG, and solar products provider
Canadian Solar (NASDAQ:CSIQ).
The plant's
construction is expected to finish by March 31 so that it is eligible for the
2011 Italian feed-in tariff for projects connected to the grid before April 30,
2011.
According to
Foresight, this is its second deal with Juwi. "Construction on our first
2.7 MW plant with Juwi back in September 2010 is almost complete well ahead of
schedule," Foresight partner and technical director Pietro Zerauschek
said.
Annual Profit & Loss
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31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate
(Period Average) |
0.719047 |
0.683679 |
0.730637 |
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Consolidated |
Yes |
Yes |
Yes |
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Total income |
784.4 |
573.7 |
209.3 |
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Raw materials and services |
- |
410.1 |
- |
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Net sales |
784.4 |
573.7 |
209.3 |
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Change in stock |
3.8 |
-20.1 |
52.3 |
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Own work capitalised |
3.1 |
3.5 |
6.9 |
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Other operating income |
4.8 |
1.0 |
1.5 |
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Raw materials and consumables employed |
- |
410.1 |
- |
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Other external charges |
- |
45.6 |
- |
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Cost of goods sold |
639.1 |
455.7 |
232.7 |
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Cost of raw materials |
639.1 |
455.7 |
232.7 |
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Taxes and social security costs |
- |
4.0 |
- |
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Total payroll costs |
55.7 |
31.1 |
14.7 |
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Fixed asset depreciation and amortisation |
3.0 |
3.0 |
1.7 |
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Other operating costs |
71.7 |
37.5 |
18.3 |
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Net operating income |
62.4 |
49.6 |