MIRA INFORM REPORT

 

 

Report Date :

25.06.2012

 

IDENTIFICATION DETAILS

 

Name :

DSS INTERNATIONAL SA

 

 

Registered Office :

Via Generale Guisan 12, 6902 Paradiso

 

 

Country :

Switzerland

 

 

Date of Incorporation :

31.08.2006

 

 

Com. Reg. No.:

501.3.007.027-2 / 846905

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

trade in steel alloys and tooling

 

 

No. of Employees :

13

 

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)

Switzerland

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name

 

DSS International SA

 

 

Operating address

 

Via Generale Guisan 12

6902 Paradiso

Switzerland/CH

Telephone:                    091 9865845

Fax:                             091 9865846

Web site:                      http://www.dssint.ch

E-mail:                         info@dssint.ch

VAT-No.:                      CHE113084260

 

 

Profile

 

Established:                  1932

Line of Business:           Trade brokers

Industry Division:           Wholesale trade

Industry-code (NACE):     4612     Agents involved in the sale of fuels, ores, metals and industrial chemicals

Import/Export:               Agency

Export sales:                100.0%

Quality certification:       ISO 9001:2000 (since 2006)

Banks:                         unknown

 

 

Operational Figures

 

Coverage:                     Company

Figures:                        estimated

Employees:                  13

Sales:                          CHF 200-400 Mio

 

 

Activity

 

The company is specialised in the trade in steel alloys and tooling.

 

 


Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:                501.3.007.027-2 / 846905

Legal form:                    Company limited by shares

Registration:                 31.08.2006

Legal status:                 active

Responsible Register:    Registro di commercio del Cantone Ticino

History:                        Date of Statutes: 21.03.2007

                                    Date of Incorporation Statutes: 30.08.2006

 

Entry            Deleted   Name

31.08.2006                    DSS International SA

 

Entry            Deleted   Legal domicile

22.03.2007                    Paradiso, Switzerland

31.08.2006    22.03.2007  Lugano, Switzerland

 

Entry            Deleted   Address

22.03.2007                    Via G. Guisan 12, 6900 Paradiso/TI, Switzerland/CH

31.08.2006    22.03.2007  Via Calloni 1, 6900 Lugano/TI, Switzerland/CH

 

Entry            Deleted   Capital

31.08.2006                    Share Capital CHF 1'000'000, paidup CHF 1'000'000

 

Entry            Deleted   Capital Structure

31.08.2006                    10'000 Registered shares of CHF 100.--

 

Entry            Deleted   Activity (original Language)

24.11.2006                    Il trading in acciaio e prodotti derivati. La società può svolgere qualsiasi transazione finanziaria e fiduciaria, nonché assumere ed eseguire ogni e qualsiasi attività commerciale e finanziaria, come pure ogni altra attività che sia in relazione con lo scopo sociale e vincolarsi quale garante con altri debitori, come pure costituire a pegno attivi a favore di terzi, al fine di rilasciare garanzie tramite una società affiliata, un'entità giridica partecipata dalla società, una società o un'impresa con la quale è associata in un gruppo, oppure tramite qualsiasi altra parte. La società può acquistare partecipazioni in altre società.

 

Entry            Deleted   Remarks (original Language)

31.08.2006                    Publishing authority: FUSC.

31.08.2006                    Reports: Le comunicazioni e convocazioni della società agli azionisti avvengono mediante lettera.

 

 

Official Administration

 

Title                                           Name

Executive Director                       Norbert Stadler, Origin: Kirchberg SG, Switzerland, Residential address: Lugano/TI, Switzerland, single signature

 

 

Management

 

Title                                           Name

Director                                      Lucia Longhi, Origin: Italy, Residential address: Lugano/TI, Switzerland, joint signature of two

Vice-Director                               Fiorenzo Milani, Origin: Lugano, Switzerland, Residential address: Breganzona/TI, Switzerland, joint signature of two, Registered since: 21.12.2007

Member with procuration              Luigi Mauri, Origin: Italy, Residential address: Civate, Italy, joint power of attorney of two, Registered since: 22.12.2009

Member with procuration              Gianfranco Scilanga, Origin: Italy, Residential address: Pazzallo/TI, Switzerland, joint power of attorney of two

Member with procuration              Antonio Todaro, Origin: Italy, Residential address: Porza/TI, Switzerland, joint power of attorney of two

 

 

External Positions

 

Title                                           Name

Auditor                                       Ernst & Young AG, Residential address: Lugano, Switzerland

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Lucia Longhi (llonghi@dssint.ch)

 

 

Ultimate Parent Company

 

Name:                          Dneprospetsstal Electrometallurgical Plant Nam

City/Country:                 Zaporozhye, Ukraine/UA

 

 


Owner/-s

 

No. of Owner/-s:            1

Owner:                         The company is foreign owned.

 

Class:                          100%

Name:                          Dneprospetsstal Electrometallurgical Plant Nam

City/Country:                 Zaporozhye, Ukraine/UA

Interest:                        100.00% voting right, 100.00% capital interest (since 2006)

 

 

Investments

 

Class:                          100%

Name:                          DSS America Inc

City/Country:                 Chigago, United States of America/US

Interest:                        100.00% voting right, 100.00% capital interest

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

29.08.2007          2007                           0

29.08.2007          2006                           0

 

An updated legal action check is only available against proof of interest. e.g. a copy of an enquiry letter, and order or invoice relating to the subject company.

 

 

Credit Information

 

Financial Statements:    The company does not disclose any financial statements. Third parties are not permitted any insight into the financial affairs. It is therefore difficult to make a proper assessment of the actual situation.

Financial Situation:        The financial situation is considered to be in order.

 

Payment experiences:   There are no objections regarding the payment of financial obligations.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.56.99

UK Pound

1

Rs.88.97

Euro

1

Rs.71.57

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.