|
Report Date : |
06.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
SGL
CARBON GMBH |
|
|
|
|
Registered Office : |
Werner-von-Siemens-Str.
18 D 86405 Meitingen |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
11.08.1998 |
|
|
|
|
Legal Form : |
Private
Limited Company |
|
|
|
|
Line of Business : |
Manufacture
of man-made fibers |
|
|
|
|
No. of Employees : |
1,300 |
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, 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
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
SGL CARBON GMBH
Company Status: active
Werner-von-Siemens-Str. 18
D 86405 Meitingen
Telephone:08271/83-0
Telefax: 08271/83-1720
Homepage: www.sglcarbon.de
E-mail: cpc@sglcarbon.de
VAT no.: DE811112116
Business relations are permissible. The
company is considered
solvent for credits within its scope of
business.
LEGAL FORM Private
limited company
Date of foundation: 20.05.1998
Shareholders'
agreement: 20.05.1998
Registered on: 11.08.1998
Commercial Register: Local court 86150 Augsburg
under: HRB
16474
Share capital: EUR 5,202,000.00
Shareholder:
SGL Carbon SE
Söhnleinstr. 8
D 65201 Wiesbaden
Post Box:
50 20, D 65040 Wiesbaden
Legal form: European
Company (SE)
Share capital: EUR
181,761,638.40
Share: EUR 5,202,000.00
Registered on: 23.01.2009
Reg. data: 65189
Wiesbaden, HRB 23960
Control and profit
transfer agreement
Manager:
Dr. Hermann Berwe
D 86637 Binswangen
born: 21.11.1955
Profession: Fully
qualified chemist
Marital status: married
Manager:
Dr. Reinhard Janta
D 86637 Wertingen
born: 11.12.1950
Proxy:
Christian Pagel
D 56410 Montabaur
authorized to jointly
represent the company
born: 23.04.1965
Profession: Businessman
Proxy:
Jutta Schull
Schweizer Str. 108
D 60594 Frankfurt
authorized to jointly represent the company
Marital status: unknown
Proxy:
Dr. Uwe Mrotzeck
D 65779 Kelkheim
authorized to jointly
represent the company
born: 09.01.1960
Proxy:
Rüdiger Georg Mackenthun
D 69115 Heidelberg
authorized to jointly
represent the company
born: 05.05.1964
Proxy:
Hans-Michael Güther
D 92281 Königstein
authorized to jointly
represent the company
born: 01.11.1954
Proxy:
Burkhard Straube
D 65719 Hofheim
authorized to jointly
represent the company
born: 19.03.1969
Proxy:
Armin Horst Bruch
D 64283 Darmstadt
authorized to jointly
represent the company
born: 22.01.1953
Proxy:
Dr. Christfried Schlosser
D 53111 Bonn
authorized to jointly
represent the company
born: 11.02.1951
Proxy:
Dr. Martin Schwarz
D 89407 Dillingen
authorized to jointly
represent the company
born: 02.07.1958
Proxy:
Dr. Gerd Wingefeld
Kirchturmstr. 89
D 46485 Wesel
authorized to jointly
represent the company
born: 21.01.1958
Profession: Businessman
Proxy:
Wilhelm Hauf
D 86150 Augsburg
authorized to jointly
represent the company
born: 21.03.1959
Profession: Businessman
Proxy:
Dr. Karin Born
D 65183 Wiesbaden
authorized to jointly
represent the company
born: 23.04.1968
Proxy:
Dr. Thomas Müller
Zum Mühlöschle 3a
D 88633 Heiligenberg
authorized to jointly represent the company
born: 10.06.1962
Proxy:
Helmut Mühlbrandt
D 65812 Bad Soden
authorized to jointly
represent the company
born: 16.12.1947
Proxy:
Dr. Jürgen Wolfgang
Köhler
D 65779 Kelkheim
authorized to jointly
represent the company
born: 16.11.1960
Marital status: unknown
Proxy:
Britta Döttger
D 60311 Frankfurt
authorized to jointly
represent the company
born: 26.07.1972
Proxy:
Hubert Jäger
D 86637 Zusamaltheim
born: 22.02.1956
Proxy:
Siegbert Fleer
D 86570 Inchenhofen
authorized to jointly
represent the company
born: 24.09.1963
Proxy:
Frank Wittchen
D 61118 Bad Vilbel
authorized to jointly
represent the company
born: 23.06.1965
Proxy:
Dietmar Haas
D 51427 Bergisch Gladbach
authorized to jointly
represent the company
born: 13.03.1961
Profession: Businessman
Marital status: unknown
Proxy:
Klaus Unterharnscheidt
Nietzschestr. 20
D 65191 Wiesbaden
authorized to jointly
represent the company
born: 22.08.1963
Proxy:
Lothar Sauerbrey
Paul-Tillich-Str. 14
D 60528 Frankfurt
authorized to jointly
represent the company
born: 19.08.1952
Proxy:
Dr. Stephan Bühler
D 91086 Aurachtal
authorized to jointly
represent the company
born: 23.10.1964
Proxy:
Doris Sperzel-Cannon
D 65779 Kelkheim
authorized to jointly
represent the company
born: 03.05.1959
Proxy:
Mirko Wichardt
D 86150 Augsburg
authorized to jointly
represent the company
born: 24.10.1974
Further functions/participations of Dr.
Reinhard Janta (Manager)
President of the Board of Directors:
Carbon Composites e. V.
Alter Postweg 101
D 86159 Augsburg
Legal form: Registered association
Registered
on: 01.04.2007
Reg. data: 86150 Augsburg, VR 200246
11.12.2002 - 24.01.2011 Manager
Stefan Holzamer
D 86482 Aystetten
Main industrial sector
20600
Manufacture of man-made fibers
46903 Non-specialized wholesale trade
Branch:
SGL CARBON GmbH
Drachenburgstr. 1
D 53179 Bonn
TEL.: 0228/841-0
Branch:
SGL CARBON GmbH
Stroofstr. 27
D 65933 Frankfurt
TEL.: 069/38002316
Shareholder:
F.C. Augsburg Arena
Besitz- und Betriebs
GmbH
Donauwörther Str. 170
D 86154 Augsburg
Legal form: Private
limited company
Company Status: active
Share capital: EUR
31,624,300.00
Share: EUR 3,478,673.00
Reg. data: 29.12.2006
Local court
86150 Augsburg
HRB 22332
Shareholder:
Plastica
Handelsgesellschaft mbH
Offheimer Weg 21
D 65549 Limburg
Legal form: Private
limited company
Company Status: dissolved
since: 05.07.2010
Share capital: EUR 30,000.00
Share: EUR 30,000.00
Reg. data: 29.08.1990
Local court
65549 Limburg
HRB 888
Shareholder:
Dr. Schnabel GmbH
Offheimer Weg 21
D 65549 Limburg
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 04.09.2008
Local court
65549 Limburg
HRB 4276
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
Type of ownership: Tenant
Address Werner-von-Siemens-Str. 18
D 86405 Meitingen
Real Estate of: Dr. Hermann Berwe
Type of ownership: proprietor
Share: 100.00 %
Address Nideggener Str. 9
D 52388 Nörvenich
Land register documents were not available.
Principal bank
KREISSPARKASSE AUGSBURG, MEITINGEN
Sort. code: 72050101, BIC: BYLADEM1AUG
Further banks
COMMERZBANK, AUGSBURG, BAY
Sort. code: 72040046, BIC: COBADEFF720
DEUTSCHE BANK, AUGSBURG, BAY
Sort. code: 72070001, BIC: DEUTDEMM720
Financial year: 01.01. - 31.12.
Turnover: 2012 *EUR 292,500,000.00
Share capital: EUR 5,202,000.00
Equipment: *EUR
9,750,000.00
Ac/ts receivable: *EUR 32,500,000.00
Liabilities: *EUR 42,900,000.00
Employees:
1,300
Control and profit transfer agreement to:
SGL Carbon SE
Söhnleinstr. 8
D 65201 Wiesbaden
Post Box:
50 20, D 65040 Wiesbaden
The business figures marked with an asterisk
are estimates based
on average values in the line of business.
This company exercises the option not to
publish its balance and is
included in the annual financial statement of
SGL CARBON SE.
Basic data of the group SGL CARBON SE for 2011
in million Euro:
Sales 1.540,2
Staff 6.447
Annual surplus 60,9
Receivables 377,1
Liabilities 842,3
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.69 |
|
|
1 |
Rs.101.08 |
|
Euro |
1 |
Rs.84.07 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIS |
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.