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Report Date : |
21.12.2012 |
IDENTIFICATION DETAILS
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Name : |
ORBITA-FILM GMBH |
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Registered Office : |
Köthener Str. 11/OT Weißandt-n Gölzau D 06369 Südliches Anhalt |
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|
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Country : |
Germany |
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Date of Incorporation : |
02.08.1991 |
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Com. Reg. No.: |
HRB 10908 |
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Legal Form : |
Private limited company |
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Line of Business : |
Manufacture of plastic plates, sheets, tubes and profiles |
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No. of Employees : |
534 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
germany - ECONOMIC OVERVIEW
The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Like its Western European neighbors, Germany faces significant demographic challenges to sustained long-term growth. Low fertility rates and declining net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms. Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, contributed to strong growth in 2006 and 2007 and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II - and its decrease to 6.0% in 2011. GDP contracted 5.1% in 2009 but grew by 3.6% in 2010, and 2.7% in 2011. The recovery was attributable primarily to rebounding manufacturing orders and exports - increasingly outside the Euro Zone. Germany's central bank projects that GDP will grow 0.6% in 2012, a reflection of the worsening euro-zone financial crisis and the financial burden it places on Germany as well as falling demand for German exports. Domestic demand is therefore becoming a more significant driver of Germany's economic expansion. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's budget deficit to 3.3% in 2010, but slower spending and higher tax revenues reduce the deficit to 1.7% in 2011, below the EU's 3% limit. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela Merkel announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany hopes to replace nuclear power with renewable energy. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its energy and 46% of its base-load electrical production.
|
Source : CIA |
ORBITA-FILM GMBH
Company Status: active
Köthener Str. 11/OT Weißandt-
Gölzau
D 06369 Südliches Anhalt
Telephone:034978/270
Telefax: 034978/27387
Homepage: www.orbita-film.de
E-mail: info@orbita-film.de
LEGAL FORM Private limited company
Date of foundation: 02.08.1991
Shareholders'
agreement: 02.08.1991
Registered on: 24.02.1992
Commercial Register: Local court 39576 Stendal
under: HRB 10908
Share capital: EUR 2,000,000.00
Shareholder:
POLI-FILM Verwaltungs GmbH
Handelsstr. 10a
D 42929 Wermelskirchen
Legal form: Private limited company
Share capital: EUR 3,000,000.00
Share: EUR 2,000,000.00
Registered on: 18.05.1993
Reg. data: 50939 Köln, HRB 37824
Control and profit transfer agreement
Manager:
Franz Christmann
D 42929 Wermelskirchen
born: 29.05.1965
Profession: Businessman
Manager:
Reinhard Händel
Hoymer Ring 22
D 06366 Köthen
born: 02.07.1954
Manager:
Bastian Runkel
Moschelesstr. 8
D 04109 Leipzig
born: 12.07.1976
Marital status: married
Proxy:
Walter Hantzsche
Hubertusstr. 7
D 51766 Engelskirchen
authorized to jointly represent the company
born: 12.11.1956
Profession: Businessman
Marital status: married
Proxy:
Thomas Schlüter
Weißenfelser Str. 33a
D 06679 Granschütz
authorized to jointly represent the company
born: 04.02.1970
Proxy:
Christiane Fischer
D 06249 Mücheln
authorized to jointly represent the company
born: 28.07.1963
Further functions/participations of Franz Christmann (Manager)
Manager:
ORBITA-CAST GMBH
Köthener Str. 11/OT Weißandt-
Gölzau
D 06369 Südliches Anhalt
Legal form: Private limited company
Share capital: EUR 500,000.00
Registered
on: 21.02.2000
Reg. data: 39576 Stendal, HRB 15700
Further functions/participations
of Reinhard Händel (Manager)
Manager:
ORBITA-CAST GMBH
Köthener Str. 11/OT Weißandt-
Gölzau
D 06369 Südliches Anhalt
Legal form: Private limited company
Share capital: EUR 500,000.00
Registered
on: 21.02.2000
Reg. data: 39576 Stendal, HRB 15700
Member of the Board of Directors:
Institut für Kunststofftechnologie und
Recycling e.V.
Industriestr. 12
D 06369 Weißandt-Gölzau
Legal form: Registered association
Registered
on: 07.03.1994
Reg. data: 39576 Stendal, VR 33240
Further
functions/participations of Bastian Runkel (Manager)
Shareholder:
CMB GmbH
Richterstr. 5a
D 04105 Leipzig
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 12.02.2008
Reg. data: 04275 Leipzig, HRB 23846
Manager:
POLI-FILM Verwaltungs GmbH
Handelsstr. 10a
D 42929 Wermelskirchen
Legal form: Private limited company
Share capital: EUR 3,000,000.00
Registered
on: 18.05.1993
Reg. data: 50939 Köln, HRB 37824
Manager:
ORBITA-CAST GMBH
Köthener Str. 11/OT Weißandt-
Gölzau
D 06369 Südliches Anhalt
Legal form: Private limited company
Share capital: EUR 500,000.00
Registered
on: 21.02.2000
Reg. data: 39576 Stendal, HRB 15700
Manager:
CMB GmbH
Richterstr. 5a
D 04105 Leipzig
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 12.02.2008
Reg. data: 04275 Leipzig, HRB 23846
02.08.1991 - 12.05.2000 Orbita Film GmbH Herstellung von
Kunststofffolien
Köthener Str. 11
D 06369 Weißandt-Gölzau
Private limited company
30.01.2008 - 05.02.2010 Manager
Johannes Heintges
D 04093 Leipzig
Sectors
22210 Manufacture of plastic plates, sheets, tubes and profiles
Limited partner:
VR-LEASING FAGUS GmbH & Co. Immobilien KG
Hauptstr. 131-137
D 65760 Eschborn
Legal form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total cap. EUR 1,000,050.00
contribution:
Share: EUR 1,000,000.00
Reg. data: 20.11.1998
Local court 60313 Frankfurt
HRA 28773
Shareholder:
ORBITA-CAST GMBH
Köthener Str. 11/OT Weißandt-
Gölzau
D 06369 Südliches Anhalt
Legal form: Private limited company
Company Status: active
Share capital: EUR 500,000.00
Share: EUR 500,000.00
Reg. data: 21.02.2000
Local court 39576 Stendal
HRB 15700
Shareholder:
Lutz Runkel Holding GmbH
Handelsstr. 10a
D 42929 Wermelskirchen
Legal form: Private limited company
Company Status: dormant
since: 01.01.2011
Share capital: EUR 110,000.00
Share: EUR 105,000.00
Reg. data: 30.11.2012
Local court 50939 Köln
HRB 77085
Shareholder:
TSL Spedition GmbH
Köthener Str. 11/OT Weißandt-
Gölzau
D 06369 Südliches Anhalt
Legal form: Private limited company
Company Status: active
Share capital: EUR 26,075.88
Share: EUR 13,037.94
Reg. data: 05.06.1996
Local court 39576 Stendal
HRB 13866
Payment experience: within agreed terms
Negative information: We have no negative information at hand.
Type of ownership: Tenant
Address Köthener Str. 11/OT Weißandt- Gölzau
D 06369 Südliches Anhalt
Land register documents were not available.
COMMERZBANK, REMSCHEID
Sort. code: 34040049, BIC: COBADEFF340
DEUTSCHE BANK, REMSCHEID
Sort. code: 34070093, BIC: DEUTDEDW340
DZ BANK, FRANKFURT AM MAIN
Sort. code: 50060400, BIC: GENODEFFXXX
HSH NORDBANK HAMBURG, HAMBURG
Sort. code: 20050000, BIC: HSHNDEHH200
ZV LANDESBANK BADEN-WÜRTTEMBERG, LEIPZIG
Sort. code: 86020030, BIC: SOLADEST860
Financial year: 01.01. - 31.12.
Turnover: 2010 EUR 182,000,000.00
2011 EUR 201,000,000.00
Expected
turnover: EUR 202,000,000.00
further business
figures:
Share capital: EUR 2,000,000.00
Equipment: EUR 49,500,000.00
Ac/ts
receivable:
EUR 4,400,000.00
Liabilities: EUR 11,700,000.00
Employees:
534
- Trainees:
60
Control and profit
transfer agreement to:
POLI-FILM Verwaltungs GmbH
Handelsstr. 10a
D 42929 Wermelskirchen
The aforementioned business figures may partly be estimated
information based on average values in the line of business.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.84 |
|
UK Pound |
1 |
Rs.89.11 |
|
Euro |
1 |
Rs.72.46 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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 |
|
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.