MIRA INFORM REPORT
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Report Date : |
08.09.2011 |
IDENTIFICATION DETAILS
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Name : |
RIVA S.A. |
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Registered Office : |
Gral.San Martìn 431, Ciudadela, Buenos Aires Province |
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Country : |
Argentina |
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Date of Incorporation : |
24.10.1978 |
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Com. Reg. No.: |
1784 |
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Legal Form : |
Public Limited Company |
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Line of Business : |
Manufacture & Marketing of Machines For Pharmaceutical
Industry |
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 : |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Usually Correct |
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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
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Argentina |
b1 |
b1 |
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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 |
Registered
Name
RIVA S.A.
CUIT No.: 33-50459630-9
Summary
INCORPORATED IN 1978. BEGINNER OF THE ACTIVITIES. CONTINUED WITH THE
POLICY OF NO FINANCIAL INFORMATION PROVIDED TO THIRD PARTIES. NO NEGATIVE. FIT
FOR MODERATE CREDITS WITH APPROPRIATE GUARANTEES.
Operations
MACHINES FOR PHARMACEUTICAL INDUSTRY.
MANUFACTURE
MARKETING
Legal
Structure
BUSINESS TYPE: PUBLIC LIMITED COMPANY
INCORPORATED: 24/10/1978
REGISTERED: 10/04/1979
REGISTER NO.: 1784
DURATION: 99 YEARS
END OF FISCAL YEAR: SEPT 30
Contact
Mrs. ROSA RILO
(Administration).
Legal Address: Gral.San Martìn 431, Ciudadela, Buenos Aires Province,
Argentina.
Operative and administrative address: Genova 4018 (1702), Ciudadela, Buenos
Aires Province, Argentina.
Phone: (54-11) 4653-2000
Fax.: (54-11) 4653-3100
E-mail: info@rivasa.com
E-mail: rosa.rilo@rivasa.com
Partners
Last Directory known:
---------------------
President: RIVA HECTOR EDMUNDO
Vicepresident: RIVA LAURA
Director: RIVA MARIA VICTORIA
Trustee: BOSCHETTI JORGE
Use of the social signature: It is in charge of the President and
Vicepresident, as managers.
Personal
Information
RIVA HECTOR EDMUNDO:
Argentine, married, born in 1944, LE Nbr. 4.607.924
RIVA LAURA:
Argentine, married, born in 1968.
RIVA MARIA VICTORIA:
Argentine, married, born in 1969.
History
According to our database, we can say that
these activities were started by this company.
At present, it operates in the addresses mentioned above, not being notified
neither the company is part of some economical group nor their representatives
are registered in other companies.
Economic-Financial
Position
Continued with the policy of not provide
financial information to third parties.
We had to consult to indirect sources with negative results.
Assets
REAL ESTATE:
------------
Its fixed assets include the premises occupied, which as a whole, have a good
realization value.
It has not been possible to take contact with corresponding documentatìon in
order to verify if these properties are free of burdens.
VEHICLES:
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1 TRUCK PEUGEOT
1 TRUCK NISSAN
It has several vehicles about which more details are not known.
Commercial
References Consulted
> FAMIQ S.A.
> ACEROS BOHELER S.A.
> CANEDA S.A.
*
TERMNS: 60/90 days.
* PRODUCTS: Raw material.
* AMOUNTS: $ 200.000 monthly.
* CONCEPT: Normal
Evolution
and Results
For what it is commented to us, the titular company is a company that
from its beginnings is dedicated to the manufacture of machines and
accessories for the pharmaceutical industry, being observed that to present his
conduction is into the hands of second and third generation of the mentioned family
Riva.
Within its line of products, the rotating compressor Machine is mentioned,
treating as well manufacture of a wide range of accessories and equipment
such as Undusters of tablets; Matrix; Systems of control and Monitoring
of
tablets through Software, Spare parts, etc
Among his main known products, the following are mentioned:
> Minipress: Of minimum size and maximum quality. Height: 845 mm.
> Piccola: Rotating Compressor for investigation and development. Height:
860 mm.
> Piccola Bi-Layer: Rotating Compressor for investigation and development.
Height: 1,825 mm.
> Compact Press: Of maximum versatility in compact design. Height: 1800 mm.
> Hydropress: Machine designed for manufacture of tablets, simple and
double. Height: 1930 mm.
> Precompress Thousands: Of great power and maximum performance. Height:
1930 mm.
FOREIGN TRADE:
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In the last twelve months, it has made specific imports by U$S 95.943 according
to the following detail:
> U.S.A. U$S 87.010
> CHINE U$S 7.815
> TAIWAN U$S 1.098
> OTHERS U$S 20
MAIN SUPPLIERS:
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FAMAQ S.A.
ACEROS BOEHLER S.A.
CANEDA S.A.
* 70 EMPLOYEES
Payment Record and Credit
Risk
HSBC BANK
BRANCH Ciudadela
BANCO DE GALICIA BRANCH Ciudadela
CREDIT RISK:
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JUNE 2011:
> GALICIA $ 2.482.900
> COMAFI $ 496.800
> HSBC $ 205.600
> AMERICAN EXPRESS $
147.000
TOTAL: $ 3.332,300
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Situation 1: NORMAL FULFILLMENT.
INSURANCES:
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> LA HOLANDO SUDAMERICANA S.A.
> FEDERACION PATRONAL S.A.
> CNA ART
Concept
It maintains operations with national and foreign companies. Most of
them give it their credit support by amount of varied and in usual terms, not
making up to now objections about its payment record.
* FULFILLMENT: WITHOUT OBJECTIONS AT THE PRESENT.
Final
Opinion
Considering the present review, it is
understood that by sum of moderate importance and with guarantees of practice.
* APT FOR MODERATE CREDIT WITH ADDITIONAL
GUARANTEES.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.46.02 |
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UK Pound |
1 |
Rs.73.61 |
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Euro |
1 |
Rs.64.78 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>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.