MIRA INFORM REPORT
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Report Date : |
21.01.2012 |
IDENTIFICATION DETAILS
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Correct Name : |
EUROPAC CO. |
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Registered Office : |
18, Gumi-dong, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea, B623, Sigma II, Zip Code 463-808 |
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Country : |
South korea |
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Date of Incorporation : |
12.07.2000 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Wholesales of Machinery for
Pulp and Paper Processing |
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No. of Employees
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03 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Small Concern |
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Payment
Behaviour : |
Unknown |
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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 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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South Korea |
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 |
Basic
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Company
Name |
EUROPAC CO. (Korean Company Name : “유로팩”) |
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Registered Address |
18, Gumi-dong,
Bundang-gu, Seongnam-si, Gyeonggi-do, Korea |
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Building |
B623, Sigma II |
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Zip Code |
463-808 |
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Tel |
+82-31-726-0561 |
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Fax |
+82-31-726-0563 |
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E-mail |
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Trading Address |
B623, Sigma II, 18, Gumi-dong, Bundang-gu, Seongnam-si, Gyeonggi-do, Korea |
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Tel |
+82-31-726-0561 |
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Fax |
+82-31-726-0563 |
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Type |
Import |
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Industry |
Wholesales of Machinery for
Pulp and Paper Processing |
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Main Business |
Corrugators, Corrugating Rolls, Corrugating Belts, Paper |
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Established (mm/dd/yyyy) |
07/12/2000 |
Detailed Products
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Activity |
Detailed Products (UNSPSC) |
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Sell |
Corrugators |
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Sell |
Corrugating Rolls |
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Sell |
Corrugating Belts |
CEO’s
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Name |
Lee Seung-Ho |
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Title |
Owner |
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Sex |
Male |
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Nationality |
Korean |
Profiles
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Capital (KRW) |
Not Applicable to
the Sole Proprietorship |
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Employees |
3 |
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Formation |
Sole Proprietorship |
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Bank Details |
Shinhan Bank |
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Corporate Registered No. |
Not Applicable to the Sole Proprietorship |
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Business Registered No. |
129-15-***** (The full numbers are kept by the National Tax Service
confidentially.) Because the subject’s full Business Registered No., for checking
through the National Tax Service whether the subject is still existing or
not, is not available, so we cannot confirm if the subject exist or not
legally.) |
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Permit & Licenses |
N/A |
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Shareholder Position |
The owner has 100% shares. |
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Company History |
07/12/2000 Established as the present name |
Management
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Job Description |
Title |
Name |
Sex |
Nationality |
Inauguration Date |
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Owner |
Mr. |
Lee Seung-Ho |
Male |
Korean |
07/12/2000 |
Financials
The financials are
not available, and the Subject Company does not have any obligations to release
its financials to the public.
Financial Description
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Authorized Capital(KRW) |
Not Applicable to the Sole Proprietorship |
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Paid-Up Capital(KRW) |
Not Applicable to the Sole Proprietorship |
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Total Issued Shares |
Not Applicable to the Sole Proprietorship |
Products, Technologies, Services Description
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Main Products & Services |
Corrugators, Corrugating Rolls, Corrugating Belts, Paper |
Trade Partners & Competitors
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Suppliers |
FRIESE(GERMANY) MUHLEN SOHN(GERMANY) TERVAKOSKI PETERS BILLERUD |
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Competitors |
C & S
CO., LTD. 565-1, CHOJEON-RI,
JILLYE-MYEON, GIMHAE-SI, GYEONGSANGNAM-DO, KOREA TEL:+82-55-345-6515 FAX:+82-55-345-5911 CWL CO.,
LTD. RM.905,
WEST-KWAN, CYLUX BLDG., 716, SUSEO-DONG, GANGNAM-GU, SEOUL, KOREA TEL:+82-2-2149-8806 FAX:+82-2-2149-8807 |
Sales by Region
(Activity & Markets)
The Subject imports
from Germany.
Court Action
Not Available.
News Clipping
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.50.33 |
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UK Pound |
1 |
Rs.77.97 |
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Euro |
1 |
Rs.65.07 |
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.