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Report Date : |
29.11.2012 |
IDENTIFICATION DETAILS
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Name : |
OLIVIA FOOD INC. |
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Registered Office : |
3090 Rue Marcel, |
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Country : |
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Date of Incorporation : |
08.06.2011 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
imports and
distributes olives in most of its varieties and formats: |
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No. of Employees : |
04 employees |
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 : |
Moderate |
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Payment Behaviour : |
No Complaints |
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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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Canada |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
canada - ECONOMIC OVERVIEW
As an affluent, high-tech
industrial society in the trillion-dollar class, Canada resembles the US in its
market-oriented economic system, pattern of production, and affluent living standards.
Since World War II, the impressive growth of the manufacturing, mining, and
service sectors has transformed the nation from a largely rural economy into
one primarily industrial and urban. The 1989 US-Canada Free Trade Agreement
(FTA) and the 1994 North American Free Trade Agreement (NAFTA) (which includes
Mexico) touched off a dramatic increase in trade and economic integration with
the US its principal trading partner. Canada enjoys a substantial trade surplus
with the US, which absorbs about three-fourths of Canadian exports each year.
Canada is the US's largest foreign supplier of energy, including oil, gas,
uranium, and electric power. Given its great natural resources, highly skilled
labor force, and modern capital plant, Canada enjoyed solid economic growth
from 1993 through 2007. Buffeted by the global economic crisis, the economy
dropped into a sharp recession in the final months of 2008, and Ottawa posted
its first fiscal deficit in 2009 after 12 years of surplus. Canada''s major
banks, however, emerged from the financial crisis of 2008-09 among the
strongest in the world, owing to the financial sector''s tradition of
conservative lending practices and strong capitalization. Canada achieved
marginal growth in 2010 and 2011 and plans to balance the budget by 2015. In
addition, the country''s petroleum sector is rapidly becoming an even larger
economic driver with Alberta''s oil sands significantly boosting Canada''s
proven oil reserves, ranking the country third in the world behind Saudi Arabia
and Venezuela.
|
Source : CIA |
Company name: OLIVIA FOOD INC. (in English)
ALIMENTS OLIVIA INC. (in French)
Address: 1465 Rue Begin, Saint-Laurent, Quebec H4R 1V8 – Canada
Reg. address: 3090 Rue Marcel, Montreal, Quebec H4R 1B1 - Canada
Telephone: +1 514-813-1130
Fax: +1 514-338-1680
Website: www.oliviafood.com
Corporate ID#: 1167439943
State: Quebec
Judicial form: Corporation – Profit
Date incorporated: June 8,
2011
Stock: -
Value: -
Name of manager: Abdelkarim
BOURHZAL
Business:
Oliviafood is a company that imports and
distributes olives in most of its varieties and formats:
- Green olives sliced
- Sliced black olives,
- Pitted green olives,
- Black olives, pitted
- Whole green olives,
- Greek style black olives,
- Whole olives red slashed,
- Green olives marinated whole.
Olives are sold to grocery stores, markets, supermarkets, schools,
restaurants, manufacturing plants and olive-based foods (meats, pizza ...)
The Company imports from Italy, Tunisia…
CAE: 5999
Staff: 4
Operations & branches:
At the headquarters, we
find a warehouse and office, on lease.
Shareholders:
Abdelkarim BOURHZAL
3090 Rue Marcel, Montreal,
Quebec H4R 1B1
Khalid ELKHADIRI
4-11305 Avenue Jean Meunier, Montreal, Quebec H1G 4T3
Management:
Abdelkarim BOURHZAL,
President and CEO
He is also the President
and CEO of:
ALFARAJ SNC
3090 Rue Marcel, Montreal,
Quebec H4R 1B1
Incorporated in Quebec on
05-29-2006
ID# 3363753214
Wholesaler packaging
Khalid ELKHADIRI, Vice
President
Subsidiaries
And partnership:
None
In Canada, privately held
corporations are not required to publish any financials.
On a direct call, the
manager controlled the present report but deferred any financials.
We sent a fax but no answer
received.
However, sales estimate for
year 2011 is in the range of CAD 500,000=
The business is said to be
profitable.
Banks: Banque de Montreal
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None