MIRA INFORM REPORT

 

 

 

Report Date :

23.07.2012

 

IDENTIFICATION DETAILS

 

Name :

GANZ MEROGYAR KFT

 

 

Registered Office :

Tancsics Mihaly utca 11 Pf 396 Godollo, 2101

 

 

Country :

Hungary

 

 

Year of Establishment :

1948

 

 

Legal Form :

Private Subsidiary

 

 

Line of Business :

Manufacture of water and electricity meters

 

 

No. of Employees :

400

 

 


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, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Hungary

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name and address

 

Top of Form

Bottom of Form

Top of Form

 

Ganz Merogyar Kft

                                                                                                                                                    

 

Tancsics Mihaly utca 11

Pf 396

 

Godollo, 2101

Hungary

 

 

Tel:

36 (6) 28 520 600

Fax:

36 (6) 28 520 605

 

www.itron.com

 

Employees:

400

Company Type:

Private Subsidiary

Corporate Family:

2 Companies

Ultimate Parent:

Itron Holding Hungary Vagyonkezelo Korlatolt Felelossegu Tarsasag

 

 

Incorporation Date:

1948

Auditor:

Ernst & Young Könyvvizsgáló Kft

Reporting Currency:

Hungarian Forint

Annual Sales:

NA

Total Assets:

NA

                                      

Business Description       

 

Manufacture of water and electricity meters

 

Industry                                             

 

Industry

Scientific and Technical Instruments

ANZSIC 2006:

2419 - Other Professional and Scientific Equipment Manufacturing

NACE 2002:

3320 - Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment

NAICS 2002:

334514 - Totalizing Fluid Meter and Counting Device Manufacturing

UK SIC 2003:

3320 - Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment

US SIC 1987:

3824 - Totalizing Fluid Meters and Counting Devices

 

 

  Key Executives         

                   

 

Name

Title

István Biró

Managing Director

1 - Profit & Loss Item Exchange Rate: USD 1 = HUF
2 - Balance Sheet Item Exchange Rate: USD 1 = HUF

 

 


Corporate Overview

 

Location
Táncsics Mihály utca 11
Pf 396
Gödöllo, 2101
Hungary

 

Tel:

36 (6) 28 520 600

Fax:

36 (6) 28 520 605

 

www.itron.com

Sales HUF(mil):

NA

Assets HUF(mil):

NA

Employees:

400

 

Industry:

Scientific and Technical Instruments

Incorporation Date:

1948

Company Type:

Private Subsidiary

Quoted Status:

Not Quoted

 

Managing Director:

István Biró

Contents

Industry Codes

Business Description

Key Corporate Relationships

Industry Codes

 

ANZSIC 2006 Codes:

2419

-

Other Professional and Scientific Equipment Manufacturing

 

NACE 2002 Codes:

3320

-

Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment

 

NAICS 2002 Codes:

334514

-

Totalizing Fluid Meter and Counting Device Manufacturing

334515

-

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals

 

US SIC 1987:

3825

-

Instruments for Measuring and Testing of Electricity and Electrical Signals

3824

-

Totalizing Fluid Meters and Counting Devices

 

UK SIC 2003:

3320

-

Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment

 

 

Business Description

Manufacture of water and electricity meters

 

 

 

 

 

 

 

Key Corporate Relationships

Auditor:

Ernst & Young Könyvvizsgáló Kft

 

Auditor:

Ernst & Young Könyvvizsgáló Kft

 

 

 

 

 

 

 

 


 

Corporate Structure News

 

Ganz Mérõgyár Kft
Total Corporate Family Members: 2

 

 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

Itron Holding Hungary Vagyonkezelo Korlatolt Felelossegu Tarsasag

Parent

 

 

 

 

 

Ganz Mérõgyár Kft

Subsidiary

Gödöllo

Hungary

Scientific and Technical Instruments

 

400

 

 

 

Executives Report

 

 

Executives

 

Name

Title

Function

István Biró

 

Managing Director

Managing Director

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.15

UK Pound

1

Rs.86.57

Euro

1

Rs.67.60

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

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