MIRA INFORM REPORT

Report Date :

31.12.2012

IDENTIFICATION DETAILS

Name :	OBSCHESTVO S OGRANICHENNOY OTVETSTVENNOSTYU "FRUT BEY"
Registered Office :	Piskarevskiy pr., 2/3, liter A, Business center BENUA, St.-Petersburg, 195027
Country :	Russia
Date of Incorporation :	29.04.2009
Com. Reg. No.:	1097847126112
Legal Form :	OOO (Limited Liability Company by Russian Law)
Line of Business :	Sales of vegetables, fruit.
No. of Employees :	20 (approx.)

RATING & COMMENTS

MIRA’s Rating :

B

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate
Payment Behaviour :	Unknown
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 30^th, 2012

Country Name	Previous Rating (31.03.2012)	Current Rating (30.06.2012)
Russia	A2	A2

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

russia - ECONOMIC OVERVIEW

Russia has undergone significant changes since the collapse of the Soviet Union, moving from a globally-isolated, centrally-planned economy to a more market-based and globally-integrated economy. Economic reforms in the 1990s privatized most industry, with notable exceptions in the energy and defense-related sectors. The protection of property rights is still weak and the private sector remains subject to heavy state interference. Russian industry is primarily split between globally-competitive commodity producers. In 2011, Russia became the world's leading oil producer, surpassing Saudi Arabia; Russia is the second-largest producer of natural gas; Russia holds the world's largest natural gas reserves, the second-largest coal reserves, and the eighth-largest crude oil reserves. Russia is the third-largest exporter of both steel and primary aluminum. Other less competitive heavy industries remain dependent on the Russian domestic market. Russia's reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the highly volatile swings in global commodity prices. The government since 2007 has embarked on an ambitious program to reduce this dependency and build up the country's high technology sectors, but with few results so far. The economy had averaged 7% growth in the decade following the 1998 Russian financial crisis, resulting in a doubling of real disposable incomes and the emergence of a middle class. The Russian economy, however, was one of the hardest hit by the 2008-09 global economic crisis as oil prices plummeted and the foreign credits that Russian banks and firms relied on dried up. According to the World Bank the government's anti-crisis package in 2008-09 amounted to roughly 6.7% of GDP. The Central Bank of Russia spent one-third of its $600 billion international reserves, the world's third largest, in late 2008 to slow the devaluation of the ruble. The government also devoted $200 billion in a rescue plan to increase liquidity in the banking sector and aid Russian firms unable to roll over large foreign debts coming due. The economic decline bottomed out in mid-2009 and the economy began to grow in the third quarter of 2009. However, a severe drought and fires in central Russia reduced agricultural output, prompting a ban on grain exports for part of the year, and slowed growth in other sectors such as manufacturing and retail trade. High oil prices buoyed Russian growth in 2011 and helped Russia reduce the budget deficit inherited from the lean years of 2008-09. Russia has reduced unemployment since 2009 and has made progress on reducing inflation since 2010. Russia's long-term challenges include a shrinking workforce, a high level of corruption, difficulty in accessing capital for smaller, non-energy companies, and poor infrastructure in need of large investments.

Source : CIA

Comments

Information

According to the data of the State Register of Legal Entities of Russian Federation the company NEVS KAYA CO hasn't been registered. The address mentioned in your inquiry belongs to the company Obschestvo s ogranichennoy otvetstvennostyu "FRUT BEY" (name in English: "FRUIT BAY" LIMITED LIABILITY COMPANY). The company operates under trading name NEVSKAYA CO. We provide the report on this company.

Summary

Original Name	Obschestvo s ogranichennoy otvetstvennostyu "FRUT BEY"
Legal Form	OOO (Limited Liability Company by Russian Law)
Year of Foundation	2009
Sales	not available
Employees	20 (approx.) on December, 12, 2012 (company's data)

Company Identification Details

Original Name	Obschestvo s ogranichennoy otvetstvennostyu "FRUT BEY"
Short Name	OOO "FRUT BEY"
Name in English	"FRUIT BAY" LIMITED LIABILITY COMPANY
Address	Piskarevskiy pr., 2/3, liter A, Business center BENUA, St.-Petersburg, 195027, Russian Federation
Legal Address	Sofiyskaya str., 60, bldg. 5, St.-Petersburg, 192241, Russian Federation
Phone	+7 (812) 3193030, 3193021, 6779840
Fax	+7 (812) 3193030, 3469542
E-mail	info@nevskaya-co.ru
WEB Address	www.nevskaya-co.ru

Official Company Data

Legal Form	OOO (Limited Liability Company by Russian Law)
Date of Registration	29.04.2009
Registration Number	1097847126112
Statistic Code (OKPO)	61007861
Taxpayer Code (INN)	7816464391
Registration Authority	Federal Tax Service of Russian Federation

Public Record Information

Information

The company Obschestvo s ogranichennoy otvetstvennostyu "FRUT BEY" was not included in the published list of bankrupt companies.

Share Capital

Current Share Capital

20 000 RUR

Shareholders

Total	1 private person
Shareholder	Mr Filippov Anton Vladimirovich
Nationality	Russian Federation
Share	100 %

Directors

Director	Mr Filippov Anton Vladimirovich
	Signature Right
Nationality	Russian Federation

Re-Registration Data

Date of Registration	29.04.2009
	(Entering into the Single State Register of Legal Entities)
Registration Number	1097847126112
Registration Authority	Federal Tax Service of Russian Federation
Date of Re-registration	04.09.2009
File Number	8097847727530
Registration Authority	Federal Tax Service of Russian Federation
Changes	Company's Rules

Operations

Activities	Sales of vegetables, fruit. Export-import transactions. The company is engaged in customs declaration of goods. The company operates under trading name NEVSKAYA CO.
Staff Employed	20 (approx.) on December, 12, 2012 (company's data)
Employees' History	17 on April, 28, 2011 (company's data) 20 (approx.) on January, 21, 2011 (company's data) 20 (approx.) on June, 11, 2010 (company's data)

Real Estate

Own	None
Rent	Office Address: Sverdlovskaya nab., 44 sch, Business center BENUA, St.-Petersburg, 195027, Russian Federation (company's data) Warehouse Address: Sofiyskaya str., 60, bldg. 5, St.-Petersburg, 192241, Russian Federation (company's data)

Export & Import

Export Countries	2010: Serbia
Exported Goods	vegetables, fruit
Export Value	in 2011: none in 2010: 18 308 USD in 2009: none
Import Countries	2009-2011: Netherlands, Lithuania, Spain, Israel, Saudi Arabia, France, Latvia, Germany
Imported Goods	vegetables, fruit
Import Value	in 2011: 113 428 334 USD in 2010: 94 268 724 USD in 2009: 2 151 779 USD

Branches

Branch

None

Participation

Information

None

Related Companies

Information

Mr Filippov Anton Vladimirovich isn't a shareholder or a director of any other companies in Russian Federation.

Bankers

Bank	FB "PROMYSHLENNO-STROITEL'NYY BANK" (Russian Federation)

Clients & Suppliers

Suppliers

AGROPAK LTD (Spain) KOMBILO B.V. (Netherlands) FRUITHENDL VOUTERS (Israel) SAFE EROPE K.V. (Lithuania) GORA FRUIT SR.Z.O.O. (Spain) *** The names of foreign partners may be pointed incorrectly as in official documents (declarations) they’re written in Russian. We present our apologies for possible mistakes in transliteration.

Actions at law

According to Arbitration court of Moscow judicial claims of the company are not registered.

Financial Data

We couldn't get the financial data on the company of 2009 - 2011 years, because there weren't company's financial data of 2009 - 2011 years in the Federal Statistics Service of Russian Federation.

Rates of Exchange

RUR - Russian Rouble	01.01.2012: 1 EUR = 41.67 RUR, 1 USD = 32.19 RUR
EUR - EURO	01.01.2011: 1 EUR = 40.49 RUR, 1 USD = 30.35 RUR
USD - US Dollar	01.01.2010: 1 EUR = 43.46 RUR, 1 USD = 30.19 RUR

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.54.84
UK Pound	1	Rs.88.39
Euro	1	Rs.72.62

INFORMATION DETAILS

Report Prepared by :

NLM

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
--	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%)

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.