|
Report Date : |
28.08.2013 |
IDENTIFICATION DETAILS
|
Name : |
METSÄ BOARD OYJ |
|
|
|
|
Formerly known as : |
M-real Oyj |
|
|
|
|
Registered Office : |
Revontulenpuisto 2, ESPOO 02100 |
|
|
|
|
Country : |
Finland |
|
|
|
|
Financials (as on) : |
2011 |
|
|
|
|
Date of Incorporation : |
31.12.1986 |
|
|
|
|
Com. Reg. No.: |
06353667 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
Line of Business : |
Manufacturer of paper and paperboard |
|
|
|
|
No. of Employees : |
Less than 999 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
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 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Finland |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Finland ECONOMIC OVERVIEW
Finland has a
highly industrialized, largely free-market economy with per capita output
almost as high as that of Austria, Belgium, the Netherlands, and Sweden. Trade
is important with exports accounting for over one third of GDP in recent years.
Finland is strongly competitive in manufacturing - principally the wood,
metals, engineering, telecommunications, and electronics industries. Finland
excels in high-tech exports such as mobile phones. Except for timber and
several minerals, Finland depends on imports of raw materials, energy, and some
components for manufactured goods. Because of the climate, agricultural
development is limited to maintaining self-sufficiency in basic products.
Forestry, an important export earner, provides a secondary occupation for the
rural population. Finland had been one of the best performing economies within
the EU in recent years and its banks and financial markets avoided the worst of
global financial crisis. However, the world slowdown hit exports and domestic
demand hard in 2009, with Finland experiencing one of the deepest contractions
in the euro zone. A recovery of exports, domestic trade, and household
consumption stimulated economic growth in 2010-11. The recession affected
general government finances and the debt ratio, turning previously strong
budget surpluses into deficits, but Finland has taken action to ensure it will
meet EU deficit targets by 2013 and retains its triple-A credit rating.
Finland's main challenge in 2013 will be to stimulate growth in the face of
weak demand in EU export markets and government austerity measures meant to
reduce its budget deficit. Longer-term, Finland must address a rapidly aging
population and decreasing productivity that threaten competitiveness, fiscal
sustainability, and economic growth.
|
Source : CIA |
Company Name Metsä Board Oyj
Company Registration Number 06353667
Country FI
Number FI00783326
Activity Code 17120
Activity Description Manufacture of
paper and paperboard
Company Status Active
Latest Turnover 1,109,000,000.00
(EUR)
Activities
Activity Code 17120
Activity Description Manufacture of
paper and paperboard
Previous Names
Previous Name M-real Oyj
Basic Information
Company Name Metsä Board HQ
Registered Company Name Metsä Board Oyj
Company Registration Number 06353667
Country FI
VAT Registration Number 06353667
VAT Registration Date 01/06/1994
Date of Company Registration 31/12/1986
Date of Starting Operations 31/12/1986
Commercial Court Legal Form Public limited
company
Company Status Active
Principal Activity Code 17120
Principal Activity Description Manufacture of
paper and paperboard
Contact Address Revontulenpuisto
2, ESPOO 02100
Contact Telephone Number 0104611
Main Address
Address Revontulenpuisto
2, ESPOO 02100
Country FI
Telephone 0104611
Other Addresses
Address Revontulentie 6,
ESPOO 02100
Address METSÄ 02020
Web Addresses
Name Sundbäck Veli Rolf
Date of Birth 29/05/2046
Position Actual Member of
Board
Date Appointed 19/04/2013
Name Jordan Kari Alpo
Erik
Date of Birth 09/03/1956
Position Chairman of Board
Date Appointed 19/04/2013
Name Komi Kirsi
Terhikki
Date of Birth 02/12/1963
Position Actual Member of
Board
Date Appointed 19/04/2013
Name Varis Erkki Aulis
Date of Birth 05/08/2048
Position Actual Member of
Board
Date Appointed 19/04/2013
Name Niemelä Juha Antti
Date of Birth 06/09/2046
Position Actual Member of
Board
Date Appointed 19/04/2013
Name Aminoff Berndt
Mikael Magnus
Date of Birth 21/03/1951
Position Actual Member of
Board
Date Appointed 19/04/2013
Name Leino Liisa
Kristiina
Date of Birth 10/09/1960
Position Actual Member of
Board
Date Appointed 19/04/2013
Name Helander Mikko
Matias
Date of Birth 02/06/1960
Position Managing director
Date Appointed 25/05/2012
Name Asunta Martti
Tapio
Date of Birth 04/02/1955
Position Actual Member of
Board
Date Appointed 19/04/2013
Name Korhonen Kai
Antero
Date of Birth 28/12/1951
Position Actual Member of
Board
Date Appointed 19/04/2013
Issued Share capital 557,881,540.00
(EUR)
|
Company Name |
Registration Number |
Status |
Last Financials |
|
1 Metsäliitto Osuuskunta |
01163004 |
Active |
31/12/2011 |
|
2 AS
METSÄLIITTO EESTI |
|
Other |
|
|
2 BURT
BOULTON & HAYWOOD
LIMITED |
03540326 |
Active |
31/12/2011 |
|
3 BBH
POWERCOM LTD |
|
Other |
|
|
2 FINANCIERE FINNFOREST |
34835204800048 |
Active |
31/12/2010 |
|
3 METSA WOOD FRANCE |
40140113800029 |
Active |
31/12/2010 |
|
2 FINNFOREST CZSRO |
|
Other |
|
|
2 FINNFOREST DEUTSCHLAND GMBH |
|
Other |
|
|
3 Metsä Wood Merk GmbH |
912358219 |
Active |
31/12/2011 |
|
2 FINNFOREST EESTI AS |
|
Other |
|
|
2 FINNFOREST ITALIA SRL |
|
Other |
|
|
2 FINNFOREST MAGYARORSZAG FAIPARI KERENSKEDELMI |
|
Other |
|
|
2 FINNFOREST POLSKA SPZOO |
|
Other |
|
|
2 FINNFOREST SLOVENSKO S.R.O. |
|
Other |
|
|
2 Metsä Wood Holland B.V. |
080731830000 |
Active |
31/12/2012 |
|
2 FINNFOREST TRADING (SHANGHAI) CO LTD |
|
Other |
|
|
2 METSA WOOD UK HOLDINGS LTD |
03085887 |
Active |
31/12/2011 |
|
METSA WOOD UK LIMITED |
03071064 |
Active |
31/12/2011 |
|
2 FINNFOREST ÖSTERREICH GESMBH |
|
Other |
|
|
2 Metsä Wood Holdings Oy |
17736962 |
Active |
|
|
2 Kirkniemen Kartano Oy |
16251808 |
Active |
31/12/2011 |
|
2 Kumpuniemen Voima Oy |
08359798 |
Active |
31/12/2011 |
|
2 MCCAUSEY WOOD PRODUCTS INC |
US01662240 |
Active |
|
|
2 METSÄ GROUP SCHWEIZ AG |
|
Other |
|
|
2 Metsä Tissue Oyj |
18678311 |
Active |
31/12/2011 |
|
|
3 Dambi Aktiebolag |
5563481935 |
Active |
31/12/2011 |
|
|
4 Metsä Tissue AB |
5562723675 |
Active |
31/12/2011 |
|
|
5 METSÄ TISSUE A/S |
|
Other |
|
|
|
5 METSÄ TISSUE AS |
|
Other |
|
|
|
6 METSÄ TISSUE HUNGARY KFT |
|
Other |
|
|
|
4 Metsä Tissue GmbH |
99448738 |
Active |
31/12/2011 |
|
|
5 Halstrick Transport GmbH |
913208726 |
Active |
31/12/2011 |
|
|
4 Metsä Tissue Immobilienverwaltungs GmbH |
916498868 |
Active |
31/12/2011 |
|
|
4 METSÄ TISSUE SLOVAKIA SRO |
|
Other |
|
|
|
3 Finncao Oy |
15457484 |
Active |
31/12/2009 |
|
|
3 METSÄ TISSUE LTD |
|
Other |
|
|
|
3 METSÄ TISSUE POLAND SPZOO |
|
Other |
|
|
|
3 METSÄ TISSUE ROMANIA SRL |
|
Other |
|
|
|
3 METSÄ TISSUE UKRAINE LLC |
|
Other |
|
|
|
3 OOO
METSÄ TISSUE |
|
Other |
|
|
|
2 Metsä Forest Sverige AB |
5565942991 |
Active |
31/12/2012 |
|
|
2 Metsämannut Oy |
10296757 |
Active |
31/12/2010 |
|
|
2 OOO
FINNFOREST PETERSBURG |
|
Other |
|
|
|
2 OOO
METSÄLIITTO NOVGOROD |
|
Other |
|
|
|
2 OOO
METSÄLIITTO PODPOROZHJE |
|
Other |
|
|
|
2 OOO
METSÄLIITTO ST PETERSBURG |
|
Other |
|
|
|
3 OOO
METSÄLIITTO SVIR |
|
Other |
|
|
|
2 Metsä Fibre Oy |
07914163 |
Active |
31/12/2011 |
|
|
3 A/S
BALTIC PULP |
|
Other |
|
|
|
3 BOTNIA ITALIA SRL |
|
Other |
|
|
|
3 Metsä Fibre GmbH |
919618129 |
Active |
31/12/2011 |
|
|
3 BOTNIA PULPS SA |
56200878900074 |
Pending |
31/12/2008 |
|
|
3 Metsä-Botnia Metsät Oy |
18695605 |
Active |
31/12/2011 |
|
|
3 OOO
SUDA WOOD |
|
Other |
|
|
|
3 OOO
SVIR TIMBER |
|
Other |
|
|
|
4 ZAO
PETROLEVS PASHAN |
|
Other |
|
|
|
4 ZAO
PETROLEVS PODPOROZHIEN |
|
Other |
|
|
|
3 Oy
Silva Shipping Ab |
01785209 |
Active |
31/12/2011 |
|
|
2 SA
METSÄLIITTO FRANCE |
|
Other |
|
|
|
2 SIA
METSÄLIITTO LATVIA |
|
Other |
|
|
Year 2011
Number of Employees >999
Year 2010
Number of Employees >999
Year 2009
Number of Employees >999
Year 2008
Number of Employees >999
Profit & Loss
Financial Year 2011 2010 2009
Number of Weeks 52 52 52
Currency EUR EUR EUR
Revenue 1,109,000,000.00 1,181,000,000.00 942,000,000.00
Profit After Tax -168,000,000.00 -40,000,000.00 -121,000,000.00
Balance Sheet
Financial Year 2011 2010 2009
Number of Weeks 52 52 52
Currency EUR EUR EUR
Total Assets 2,169,000,000.00 2,303,000,000.00 2,664,000,000.00
Other Financials
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.67 |
|
UK Pound |
1 |
Rs.102.20 |
|
Euro |
1 |
Rs.87.75 |
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.