MIRA INFORM REPORT
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Report Date : |
28.09.2011 |
IDENTIFICATION DETAILS
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Name : |
ETOLAUR S.R.L. |
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Registered Office : |
Voluntarilor Street 16, Chisinau MD-2023 |
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Country : |
Moldova |
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Date of Incorporation : |
14.01.2000 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Producers of bakery products and confectionery |
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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Maximum Credit Limit : |
LEU 400,000 |
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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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Moldova |
c1 |
c1 |
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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 & COMPANY
SUMMARY
COmpany NAME : Etolaur S.R.L.
Company ADDRESS
Street : Bucharest Street 59
Town : Chisinau MD-2023
Country : Moldova
Telephone :
(373 22) 474 071 / 407 515 / 212 903
Fax : (373 22) 232 133
E-Mail : bonappetitt4@rambler.ru
English Translation : Etolaur Ltd
Also Known As : Societatea cu Raspundere Limitate Etolaur S.R.L
CREDIT RECOMENDATION
Current Credit Limit: LEU 400,000
DIRECTORS/MANAGEMENT
SENIOR COMPANY
PERSONNEL
Name Position
1. Raisa Ion Timofei (Ms)
Managing Director
2. Georgiy Georgievich Israt
Chief Accountant
Total Employees : 150
NEGATIVE INFORMATION
No negative information
found.
SHARE & SHARE CAPITAL
INFORMATION
Authorised Capital : LEU
3,073,996
Paid up Capital : LEU
3,073,996
Societatea cu
Raspundere Limitate (limited liability company) with the following sole
shareholder :
Raisa Ion Timofei (Ms) 100%
(Moldovan national)
PAYMENT INFORMATION
PAYMENTS
No complaints have been heard regarding payments from local suppliers or
banks.
GROUP STRUCTURE & AFFILIATED
COMPANIES
Na
FINANCIAL INFORMATION
FINANCIAL
INFORMATION
Private companies in Moldova are not required to publish or disclose
balance sheets. However, the subject interviewed offered
the following information :
Sales Turnover : LEU 17,895,684
2009 exact
: LEU
19,149,629 2010 exact
: LEU
16,860,768 2011 exact *
Net Profit : LEU 540,756 2009 exact
:
LEU 1,368,984 2010 exact
* 8 months results.
Financial year ends 31 December.
FOREIGN EXCHANGE RATES
Na
ADDITIONAL INFORMATION
PRINCIPAL BANKERS
NAME : MOBIASBANCA GROUPE SOCIETE GENERALE SA
Branch : filiala Centru No. 9, bd. Stefan cel Mare 81A
Town : Chisinau MD-2012
Telephone : (373 22) 545
011
Fax : (373 22) 541 974
c/d : 2224710SV42660407100
c/f : 1002600004155
SWIT Code : MOBBMD22
cod TVA : 0402492
LEGAL
STATUS AND HISTORY
Date Started : 14 January 2000
Fiscal Code : 1002600004155
VAT No. : 0402492
We consider it is acceptable to deal with subject for SMALL amounts,
although it is normal accepted practice for international suppliers to deal on
secured terms with Moldovan importers.
ACTIVITIES
The Company is involved in the following activities :
Producers of bakery products and confectionery.
Operators of cafe.
NACE Code : 4724 / 1071
Imports from Europe, India, France and Ukraine.
Subject does not export, all sales are domestic.
FACILITIES
The Company has the following facilities :
Administrative offices located at the heading address as well as 14
retail outlets located elsewhere in Chisinau and a bakery located at
Voluntarilor Street 16, Chisinau MD-2023.
REGISTERED OFFICE
Chisinau MD-2023
NOTES & COMMENTS
SPECIAL NOTE
The address which you provided: Chisinou City, Voluntarilor Str 16,
Rpublic of Moldova applies to subject's registered office and bakery address.
Please note that subject's administrative office address is as per heading.
Interviewed : Georgiy Georgievich Israt (Chief Accountant).
Every effort is made to ensure that the information given herein is
accurate, but no legal responsibility is accepted for any error or omission in
the text.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.49.18 |
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UK Pound |
1 |
Rs.76.65 |
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Euro |
1 |
Rs.66.63 |
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 SCs 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.