|
Report Date : |
22.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
HEIDELBERGER DRUCKMASCHINEN
AKTIENGESELLSCHAFT |
|
|
|
|
Registered Office : |
Kurfürsten-Anlage
52-60, D 69115 Heidelberg, Post Box 10 29 40, D 69019 Heidelberg |
|
|
|
|
Country : |
germany |
|
|
|
|
Year of Establishments: |
1850 |
|
|
|
|
Com. Reg. No.: |
HRB 330004 |
|
|
|
|
Legal Form : |
Public
Limited Company |
|
|
|
|
Line of Business : |
Manufacturer
of machinery for paper and paperboard
production |
|
|
|
|
No. of Employees : |
9136 |
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
germany ECONOMIC OVERVIEW
The German economy - the fifth
largest economy in the world in PPP terms and Europe's largest - is a leading
exporter of machinery, vehicles, chemicals, and household equipment and
benefits from a highly skilled labor force. Like its Western European
neighbors, Germany faces significant demographic challenges to sustained
long-term growth. Low fertility rates and declining net immigration are
increasing pressure on the country's social welfare system and necessitate
structural reforms. Reforms launched by the government of Chancellor Gerhard
SCHROEDER (1998-2005), deemed necessary to address chronically high
unemployment and low average growth, contributed to strong growth in 2006 and
2007 and falling unemployment. These advances, as well as a government
subsidized, reduced working hour scheme, help explain the relatively modest
increase in unemployment during the 2008-09 recession - the deepest since World
War II - and its decrease to 6.5% in 2012. GDP contracted 5.1% in 2009 but grew
by 4.2% in 2010, and 3.0% in 2011, before dipping to 0.7% in 2012 - a
reflection of low investment spending due to crisis-induced uncertainty and the
decreased demand for German exports from recession-stricken periphery
countries. Stimulus and stabilization efforts initiated in 2008 and 2009 and
tax cuts introduced in Chancellor Angela MERKEL's second term increased
Germany's total budget deficit - including federal, state, and municipal - to
4.1% in 2010, but slower spending and higher tax revenues reduced the deficit
to 0.8% in 2011. In 2012 Germany reached a budget surplus of 0.1%. A
constitutional amendment approved in 2009 limits the federal government to
structural deficits of no more than 0.35% of GDP per annum as of 2016 though
the target was already reached in 2012. By 2014, the federal government wants
to balance its budget. Following the March 2011 Fukushima nuclear disaster,
Chancellor Angela Merkel announced in May 2011 that eight of the country's 17
nuclear reactors would be shut down immediately and the remaining plants would
close by 2022. Germany hopes to replace nuclear power with renewable energy.
Before the shutdown of the eight reactors, Germany relied on nuclear power for
23% of its electricity generating capacity and 46% of its base-load electricity
production.
|
Source : CIA |
Heidelberger Druckmaschinen
Aktiengesellschaft
Kurfürsten-Anlage 52-60
D 69115 Heidelberg
Post Box:
10 29 40, D 69019 Heidelberg
Telephone:06221/9200
Telefax: 06221/926999
Homepage: www.heidelberg.com
E-mail: information@heidelberg.com
active
DE143455661
Business relations are permissible. The company is considered
solvent for credits within its scope of business.
LEGAL
FORM Public limited company
Date of foundation: 1850
Registered on: 25.07.1899
Commercial Register: Local
court 68159 Mannheim
under: HRB 330004
Share capital: EUR 599,672,166.40
The company is listed on the stock market.
Bent Mortensen
Landeves 76
DK Dänemark
Shareholder:
SEB
Investment GmbH
Rotfeder-Ring 7
D
60327 Frankfurt
Post
Box:
94 02
73
Legal
form: Private limited company
Share
capital: EUR 5,113,000.00
Share:
5.020 %
Registered on: 04.01.1989
Reg.
data: 60313 Frankfurt, HRB 29859
Shareholder:
Robert
J. Koehler
D 65193 Wiesbaden
born:
12.01.1949
Share:
0.010 %
Shareholder:
Dirk
Kaliebe
D
69207 Sandhausen
born: 26.04.1966
Shareholder:
Eigene
Anteile der Gesellschaft
D
69115 Heidelberg
Legal
form: Other legal form
Share:
0.170 %
Shareholder:
Bernhard Schreier
D
76646 Bruchsal
born:
14.02.1954 in Heidelberg
Share:
0.010 %
Shareholder:
Marcel
Kiessling
Türkenlouisstr. 1
D
78050 Villingen-Schwenningen
born:
04.03.1961
Shareholder:
Dr.
Werner Brandt
D
61348 Bad Homburg
born:
03.01.1954
Shareholder:
RWE
Aktiengesellschaft
Opernplatz 1
D
45128 Essen
Post
Box:
103061, D 45030 Essen
Legal form:
Public limited company
Share
capital: EUR 1,573,748,477.44
Share:
4.220 %
Registered on: 26.10.2000
Reg.
data: 45130 Essen, HRB 14525
Shareholder:
Stephan Plenz
D
69207 Sandhausen
born:
14.05.1965
Shareholder:
Allianz SE
Königinstr. 28
D
80802 München
Legal
form: European Company (SE)
Share
capital: EUR 1,167,232,000.00
Share:
13.000 %
Registered on: 13.10.2006
Reg. data: 80333 München, HRB 164232
Shareholder:
BlackRock, Inc.
USA New York
Legal
form: Other legal form
Share:
3.020 %
Shareholder:
Capital Research and Management
USA Los Angeles
Legal
form: Other legal form
Share:
3.140 %
Shareholder:
Dieter Willi Brandt
D
69115 Heidelberg
Shareholder:
SMALLCAP World Fund Inc.
USA Norfolk
Legal
form: Other legal form
Share: 3.130 %
Shareholder:
Streubesitz
D
69115 Heidelberg
Legal
form: Public limited company
Share:
68.270 %
Dr. Gerold Linzbach
Wolfsgangstr. 89
D 60322 Frankfurt
born: 13.02.1956
Dirk Kaliebe
D 69207 Sandhausen
born: 26.04.1966
Member of the
Board of Directors:
Marcel Kiessling
Türkenlouisstr. 1
D 78050 Villingen-Schwenningen
born: 04.03.1961
Marital status: married
Member of the
Board of Directors:
Stephan Plenz
D 69207 Sandhausen
born: 14.05.1965
Robert J. Koehler
D 65193 Wiesbaden
born: 12.01.1949
Profession: Management expert
Marital status: unknown
Rainer Wagner
D 69168 Wiesloch
Prof. Dr. Ing. Günther Schuh
Krautmühlenweg 9
D 52066 Aachen
born: 19.11.1958
Profession: Engineer
Marital status: married
Member of the
Supervisory Board:
Edwin Eichler
D 33428 Marienfeld
born: 10.04.1958
Profession: Fully qualified computer
scientist
Property regime: Statutory matrimonial
property regime
Marital status: married
Member of the
Supervisory Board:
Dr. Gerhard Rupprecht
Drosselweg 3
D 70839 Gerlingen
born: 29.11.1948 in Nürnberg
Marital status: unknown
Member of the
Supervisory Board:
Dr. Herbert Meyer
Helbighainer Weg 16
D 61462 Königstein
born: 17.09.1946 in Eckernförde
Marital status: married
Member of the
Supervisory Board:
Dr. Siegfried Jaschinski
D 70173 Stuttgart
born: 21.08.1954
Profession: Businessman
Member of the
Supervisory Board:
Dr. Klaus Sturany
Rotgerweg 41
D 44229 Dortmund
born: 23.11.1954
Profession: Businessman
Member of the
Supervisory Board:
Lone Fonss Schroder
DK Hornbaek
Nationality: danish
Martin Gauß
D 69115 Heidelberg
Representative of
the Employees within the Supervisory Board:
Wolfgang Flörchinger
D 69168 Wiesloch
Representative of
the Employees within the Supervisory Board:
Gunther Heller
D 73340 Amstetten
Representative of
the Employees within the Supervisory Board:
Mirko Geiger
D 69115 Heidelberg
Representative of
the Employees within the Supervisory Board:
Jörg Hofmann
D 69115 Heidelberg
Representative of
the Employees within the Supervisory Board:
Beate Schmitt
D 69115 Heidelberg
Representative of
the Employees within the Supervisory Board:
Peter Sudadse
D 69115 Heidelberg
Josef Schell
D 69190 Walldorf
authorized to jointly represent the company
born: 17.05.1964
Proxy:
Karl-Heinz Filsinger
D
69168 Wiesloch
Proxy:
Stephan
Knuppertz
D
69226 Nußloch
authorized to jointly represent the company
born:
08.09.1970
Proxy:
Wirnt
Galster
D
69115 Heidelberg
born: 27.06.1963
Proxy:
Dietrich Firnhaber
Kastellweg 10
D
69120 Heidelberg
authorized to jointly represent the company
born:
04.08.1965
Marital status: married
Proxy:
Manfred Andreas Grundl
D
45468 Mülheim
born:
12.07.1956
Proxy:
Peter
Tix
D
69226 Nußloch
born:
25.04.1962
Proxy:
Thomas
Doyon
D
69242 Mühlhausen
born:
23.06.1952
Proxy:
Wolfgang Roth
D
69493 Hirschberg
Proxy:
Jürgen
Grimm
Fuchshohl 53
D
60431 Frankfurt
authorized to jointly represent the company
born:
12.03.1970
Profession: Businessman
Marital status: unknown
Proxy:
Dr.
Hubert Straub
D
69151 Neckargemünd
Proxy:
Klaus-Peter Gurries
Konrad-Adenauer-Ring 9 a
D 69226 Nußloch
Profession: graduate engineer
Marital status: married
Proxy:
Karl-Ulrich Wege
D
68789 St. Leon-Rot
Profession: graduate engineer
Proxy:
Karl
Erich Zirm
D
69115 Heidelberg
born:
21.09.1955
Proxy:
Hans-Erwin Börncke
D
69117 Heidelberg
Proxy:
Christoph
Wösler
D
69190 Walldorf
authorized to jointly represent the company
born:
22.03.1962
Proxy:
Heribert Wille
D
74889 Sinsheim
born: 14.07.1960
Proxy:
Helge
Werner
D
76669 Bad Schönborn
authorized to jointly represent the company
born:
18.12.1964
Proxy:
Thomas
Schrotz
D
68159 Mannheim
authorized to jointly represent the company
born:
01.02.1964
Proxy:
Achim
Schmidt
D
68723 Oftersheim
authorized to jointly represent the company
born:
01.02.1966
Proxy:
Uwe
Herold
D
76669 Bad Schönborn
authorized to jointly represent the company
born: 08.02.1966
Proxy:
Dr.
Michael Merz
Ostlandstr. 15
D
69207 Sandhausen
authorized to jointly represent the company
born:
27.12.1963
Proxy:
Peter
Franzen
Zur
Schönen Aussicht 21
D
69434 Hirschhorn
authorized to jointly represent the company
born:
06.09.1954
Proxy:
Thorsten Christian Kirchmayer
D
73033 Göppingen
authorized to jointly represent the company
born:
20.12.1964
Proxy:
Rupert
Felder
D
76593 Gernsbach
authorized to jointly represent the company
born:
05.05.1963
Proxy:
Clemens Schilling
D
69168 Wiesloch
authorized to jointly represent the company
born:
13.04.1962
Proxy:
Frank
Kropp
D
69256 Mauer
authorized to jointly represent the company
born:
24.01.1969
Proxy:
Christopher Berti
D
69234 Dielheim
born:
07.06.1970
Proxy:
Dr.
Michael Outschar
D
68159 Mannheim
authorized to jointly represent the company
born:
20.06.1962
02.03.2000 -
06.09.2012 President of the Board of
Directors
Bernhard Schreier
D
76646 Bruchsal
23.09.2009 - 28.07.2011 Member of the Supervisory Board
Dr. Werner Brandt
D
61348 Bad Homburg
14.03.2008 -
28.07.2011 Member of the Supervisory
Board
Dr. Jürgen Heraeus
D
63477 Maintal
01.02.2006 -
28.07.2011 President of the Supervisory
Board
Prof. Dr. Mark Wössner
D
80336 München
Main industrial
sector
·
28950 Manufacture of machinery for paper and
paperboard production
2896
Manufacture of machinery for processing plastics and rubber
46181
Agents involved in the sale of fine mechanical, photo and optical
products
Works:
Heidelberger Druckmaschinen
Aktiengesellschaft
Heidelberger Str.
D
14772 Brandenburg
TEL.:
03381-770
FAX.:
03381-772823
Works:
Heidelberger Druckmaschinen
Aktiengesellschaft
Egelsee
D
73340 Amstetten
TEL.:
07331/310
FAX.:
07331/313128
Works:
Heidelberger Druckmaschinen
Aktiengesellschaft
Gutenbergring 2
D
69168 Wiesloch
TEL.:
06222/820
FAX.:
06222/823705
Works:
Heidelberger Druckmaschinen
Aktiengesellschaft
Gutenbergring 19
D
69168 Wiesloch
TEL.:
06222/82657-0
Branch:
Heidelberger Druckmaschinen
Aktiengesellschaft
Dr.-Hell-Str.
D
24107 Kiel
TEL.:
0431/386-0
FAX.:
0431/386-1380
Limited partner:
Heidelberger
Druckmaschinen Real Estate GmbH
&
Co KG
Gutenbergstr. 20
D
69190 Walldorf
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total
cap. EUR 10,000.00
contribution:
Share: EUR 10,000.00
Reg. data: 09.03.2009
Local court 68159 Mannheim
HRA 702260
Limited partner:
SABAL
GmbH & Co. Objekt FEZ Heidelberg KG
Emil-Riedl-Weg 6
D
82049 Pullach
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total
cap. EUR 9,910.00
contribution:
Share: EUR 9,900.00
Reg.
data: 19.03.2007
Local court 80333 München
HRA 89858
Shareholder:
Heidelberger Druckmaschinen Vertrieb
Deutschland Gesellschaft mit beschränkter
Haftung
Kurfürsten-Anlage 52-60
D 69115
Heidelberg
Post
Box:
10 29
40
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,616,000.00
Share: EUR 25,616,000.00
Reg.
data: 17.10.1990
Local court 68159 Mannheim
HRB 334038
Shareholder:
Heidelberg Print Finance International
Gesellschaft mit beschränkter Haftung
Kurfürsten-Anlage 52-60
D
69115 Heidelberg
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 10,226,000.00
Share: EUR 10,226,000.00
Reg.
data: 01.08.1989
Local court 68159 Mannheim
HRB 333747
Shareholder:
Heidelberg Boxmeer Beteiligungs-GmbH
Kurfürsten-Anlage 52-60
D
69115 Heidelberg
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 150,000.00
Share: EUR 150,000.00
Reg.
data: 28.12.1995
Local court 68159 Mannheim
HRB 335309
Shareholder:
Heidelberg Postpress Deutschland GmbH
Kurfürsten-Anlage 52-60
D
69115 Heidelberg
Legal form: Private limited
company
Company Status: active
Share
capital: EUR 52,000.00
Share: EUR 52,000.00
Reg.
data: 24.03.2004
Local court 68159 Mannheim
HRB 337660
Shareholder:
Sporthotel Heidelberger Druckmaschinen mit
beschränkter Haftung
Kurfürsten-Anlage 52-60
D
69115 Heidelberg
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 26,000.00
Share: EUR 26,000.00
Reg.
data: 23.06.1992
Local court 68159 Mannheim
HRB 334444
Shareholder:
Kurpfalz Asset Management Gesellschaft mit
beschränkter Haftung
Kurfürsten-Anlage 52-60
D
69115 Heidelberg
Legal
form: Private limited company
Company
Status: active
Share
capital: EUR 26,000.00
Share: EUR 26,000.00
Reg.
data: 07.02.1975
Local court 68159 Mannheim
HRB 331010
Shareholder:
Heidelberg CSAT Gesellschaft mit
beschränkter Haftung
Daimlerstr. 32
D
76344 Eggenstein-Leopoldshafen
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,566.00
Share: EUR 25,566.00
Reg. data:
09.10.1987
Local court 68159 Mannheim
HRB 104765
Shareholder:
Heidelberg Consumables Holding GmbH
Kurfürsten-Anlage 52-60
D 69115 Heidelberg
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 01.04.2008
Local court 68159 Mannheim
HRB 704147
Shareholder:
Heidelberg Catering Services GmbH
Gutenbergring 19
D
69168 Wiesloch
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 06.07.2004
Local court 68159 Mannheim
HRB 352069
Shareholder:
KITZ -
Kieler Innovations- und
Technologiezentrum GmbH
Schauenburgerstr. 116
D
24118 Kiel
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 474,850.00
Share: EUR 15,450.00
Reg.
data: 27.10.1994
Local court 24114 Kiel
HRB 4018 KI
Shareholder:
InnovationLab GmbH
Speyerer Str. 4
D
69115 Heidelberg
Legal
form: Private limited company
Company Status: active
Share capital: EUR 26,400.00
Share: EUR 2,200.00
Reg.
data: 15.09.2008
Local court 68159 Mannheim
HRB 705066
Payment experience: cash discount/within agreed terms
Negative information: We
have no negative information at hand.
Type of ownership: proprietor
Share: 100.00
%
Address Kurfürsten-Anlage
52-60
D 69115 Heidelberg
Real Estate of: Marcel
Kiessling
Type of ownership: Tenant
Address Königsäcker
41/1
D 68723 Schwetzingen
Land register documents were not available.
Principal bank
COMMERZBANK, HEIDELBERG,
NECKAR
Sort. code: 67240039, BIC:
COBADEFF672
Further banks
COMMERZBANK, KIEL
Sort. code: 21040010, Account no.: 7396500, BIC: COBADEFF210
DEUTSCHE BANK, HEIDELBERG, NECKAR
Sort. code: 67270003, BIC: DEUTDESM672
COMMERZBANK VORMALS DRESDNER BANK, HEIDELBERG, NECKAR
Sort. code: 67280051, BIC: DRESDEFF672
SPARKASSE HEIDELBERG, HEIDELBERG, NECKAR
Sort. code: 67250020, BIC: SOLADES1HDB
Financial
year: 01.04. - 31.03.
Turnover: 2010/2011 EUR 1,264,808,000.00
2011/2012 EUR 1,265,000,000.00
Profit: 2010/2011 EUR -22,365,000.00
further
business figures:
Equipment: EUR 500,000.00
Ac/ts receivable: EUR 500,000.00
Liabilities: EUR 500,000.00
Employees: 9,136
-
Trainees:
583
The aforementioned business figures may partly be estimated information based on average values in the
line of business.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.03 |
|
UK Pound |
1 |
Rs.82.43 |
|
Euro |
1 |
Rs.70.49 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.