|
Report Date : |
19.06.2012 |
IDENTIFICATION DETAILS
|
Name : |
TISZA CHEMICAL GROUP PUBLIC LIMITED COMPANY |
|
|
|
|
Formerly Known As : |
TISZAI VEGYI KOMBINÁT RÉSZVÉNYTÁRSASÁG |
|
|
|
|
Registered Office : |
TVK Ipartelep 2119/3hrsz. 136. Ép 3581 Tiszaújváros (TVK Központi Irodaház) |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
2011 |
|
|
|
|
Date of Incorporation : |
17.10.1989 |
|
|
|
|
Com. Reg. No.: |
No. 051000065 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture of plastics
in primary forms |
|
|
|
|
No. of Employees : |
1.180 |
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 |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No Complaints |
|
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, 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 |
|
|
|
|
Insolvency Information: |
According to available information sources
the company is not in a insolvency/preliminary/debt regulation proceeding. |
|
|
|
Payment Practices: |
Payments are made mostly according to terms |
|
|
|
Further Rating
Information: |
Researched company is categorized as a big
company. |
|
|
|
Debt Collection:
|
There is no record of any debt collection
action against this company exceeding a single case volume of EUR 500. |
|
|
|
Established: |
17.10.1989 |
|
|
|
Registration: |
No. 051000065 |
|
|
|
Former
Registration: |
No. 0501000010 |
|
|
|
Legal Form: |
31.12.1991 |
|
|
|
Former Legal Form: |
state-owned company valid since: 17.10.1989 |
|
|
|
Capital: |
|
|
|
|
Shareholders: |
|
|
|
|
Management: |
|
|
|
|
Person functions in other companies: |
|
||||||
|
|
|
Related Companies: |
parent company |
|
|
|
|
|
Subject of Operation: |
NACE |
|
|
|
Key Data:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
Workforce: |
|
|
|
|
Exports: |
|
|
|
|
Branches: |
Branch: |
|
|
|
|
|
Financials:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
Approximate Exchange Rates: |
2011: 311,13 HUF = 1 EUR |
|
|
|
Financial data source: |
2011: Financials
obtained from an official source |
|
|
|
Bankers: |
CIB Bank Zrt. - Account
no. 10700024-02071000-50100002 |
|
|
|
Ratios:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
|
|
|
Additional information: |
Hungarian NSB keycode: 10725759-2016-114-05 |
|
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.59 |
|
|
1 |
Rs.87.34 |
|
Euro |
1 |
Rs.70.66 |
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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.