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Report Date : |
09.02.2013 |
IDENTIFICATION DETAILS
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Name : |
M. braun Inertgas-Systeme Gmbh |
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Registered Office : |
Dieselstr. 31 D 85748 Garching |
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Country : |
Germany |
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Date of Incorporation : |
01.01.1973 |
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Com. Reg. No.: |
HRB 51084 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Manufacture of instruments and appliances for measuring, testing
and navigation |
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No. of Employees : |
Not Available |
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 : |
Unknown |
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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 (31.03.2011) |
Current Rating (30.06.2012) |
|
Germany |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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 6.0% in 2011. GDP contracted 5.1% in 2009 but grew by 3.6% in 2010, and 2.7% in 2011. The recovery was attributable primarily to rebounding manufacturing orders and exports - increasingly outside the Euro Zone. Germany's central bank projects that GDP will grow 0.6% in 2012, a reflection of the worsening euro-zone financial crisis and the financial burden it places on Germany as well as falling demand for German exports. Domestic demand is therefore becoming a more significant driver of Germany's economic expansion. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's budget deficit to 3.3% in 2010, but slower spending and higher tax revenues reduce the deficit to 1.7% in 2011, below the EU's 3% limit. 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. 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 energy and 46% of its base-load electrical production.
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Source : CIA |
M. Braun Inertgas-Systeme GmbH
Company Status: active
Dieselstr. 31
D 85748 Garching
Telephone:089/326690
Telefax: 089/32669105
Homepage: www.mbraun.de
E-mail: info@mbraun.de
DE129406284
LEGAL FORM Private limited company
Date of foundation: 01.01.1973
Shareholders'
agreement: 13.07.1976
Registered on: 28.07.1976
Commercial Register: Local court 80797 München
under: HRB 51084
Share capital: EUR 1,000,000.00
INDUS Holding Aktiengesellschaft
Kölner Str. 32
D 51429 Bergisch Gladbach
Legal form: Public limited company
Share capital: EUR 57,792,116.42
Share: EUR 1,000,000.00
Registered on: 10.10.1991
Reg. data: 50939 Köln, HRB 46360
Manager:
Dr. Martin Reinelt
D 50668 Köln
having sole power of representation
born: 09.11.1953
Marital status: married
Proxy:
Dr. Thomas Bultmann
D 85748 Garching
authorized to jointly represent the company
born: 13.10.1964
Proxy:
Jürgen Georg Czupski
D 85748 Garching
authorized to jointly represent the company
born: 09.01.1959
Proxy:
Gerd Wolfgang Friedemann
D 84544 Aschau
authorized to jointly represent the company
born: 30.12.1951
01.01.1973 - 28.07.1976 Michael Braun
Gutenbergstr. 3
D 85748 Garching
Unregistered commercial enterprise
28.07.1976 - 03.06.2002 M. Braun Labortechnische Geräte
Gesellschaft mit beschränkter Haftung
Gutenbergstr. 3
D 85748 Garching
Private limited company
03.06.2002 - 03.07.2002 M. Braun Inertgas-Systeme GmbH
Gutenbergstr. 7
D 85748 Garching
Private limited company
16.02.2006 - 18.05.2011 Manager
Johannes Schmidt
D 51427 Bergisch Gladbach
Sectors
26512 Manufacture of instruments and appliances for measuring, testing and navigation
35213 Gas supply without external procurement for distribution
46462 Wholesale of medical and orthopedic goods, dental and laboratory supplies
Payment experience: within agreed terms
Negative information:We have no negative information at hand.
Type of ownership: Tenant
Address Dieselstr. 31
D 85748 Garching
Land register documents were not available.
Principal bank
UNICREDIT BANK - HYPOVEREINSBANK, GARCHING B. MÜNCHEN
Sort. code: 70020270, BIC: HYVEDEMMXXX
Further banks
DEUTSCHE BANK, MÜNCHEN
Sort. code: 70070010, BIC: DEUTDEMMXXX
UNICREDIT BANK - HYPOVEREINSBANK, MÜNCHEN
Sort. code: 70020270, BIC: HYVEDEMMXXX
Financial year: 01.01. - 31.12.
Share capital: EUR 1,000,000.00
The number of employees is not known.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.57 |
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|
1 |
Rs.84.25 |
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Euro |
1 |
Rs.71.79 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<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.