|
Report Date : |
18.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
KARL
STORZ GMBH & CO. KG |
|
|
|
|
Registered Office : |
Mittelstr.
8 D 78532 Tuttlingen |
|
|
|
|
Country : |
Germany |
|
|
|
|
Year of Incorporation : |
1945 |
|
|
|
|
Com. Reg. No.: |
HRA
450442 |
|
|
|
|
Legal Form : |
Ltd
partnership with priv. ltd. company as general partner |
|
|
|
|
Line of Business : |
Manufacture
of technical instruments and supplies for medical purposes |
|
|
|
|
No. of Employees : |
1,900 |
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 : |
Good |
|
Payment Behaviour : |
Regular |
|
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 |
|
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 6.0% 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.
Source
: CIA
Karl Storz GmbH & Co.
KG
Company Status: active
Mittelstr. 8
D 78532 Tuttlingen
Telephone:07461/7080
Telefax: 07461/708105
Homepage: www.karlstorz.de
E-mail: info@karlstorz.de
DE142931059
21062/03455
Business relations are
permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as
general partner
Date of foundation: 1945
Registered on: 06.02.1978
Register of
companies: Local
court 70190 Stuttgart
under: HRA
450442
EUR 1,925,013.93
Dr.h.c.mult. Sybill Storz
D
78532 Tuttlingen
born:
04.06.1937
Share: EUR 840,724.40
Limited partner:
Gudrun
Heine
D
78337 Öhningen
born:
19.10.1954
née:
Storz
Share: EUR
840,724.40
Limited partner:
Karl-Christian Storz
D
78532 Tuttlingen
born:
28.04.1966
Share: EUR 207,774.70
Limited partner:
Karl Storz
Verwaltungsgesellschaft mbH
Mittelstr. 8
D
78532 Tuttlingen
Legal
form: Private limited company
Share
capital: EUR 30,677.52
Share: EUR 35,790.43
Registered on: 09.12.1977
Reg.
data: 70190 Stuttgart, HRB 450225
General partner:
Karl
Storz Verwaltungsgesellschaft mbH
Mittelstr. 8
D
78532 Tuttlingen
Legal
form: Private limited company
Share
capital: EUR 30,677.52
Registered on: 09.12.1977
Reg. data: 70190 Stuttgart,
HRB 450225
Shareholder:
Dr.h.c.mult. Sybill Storz
D
78532 Tuttlingen
born:
04.06.1937
Share: EUR 13,651.49
Shareholder:
Gudrun
Heine
D
78337 Öhningen
born:
19.10.1954
née:
Storz
Share: EUR 13,651.49
Shareholder:
Karl-Christian Storz
D
78532 Tuttlingen
born:
28.04.1966
Share: EUR 3,374.54
Manager:
Dr.h.c.mult. Sybill Storz
D 78532 Tuttlingen
born:
04.06.1937
Marital status: unknown
1945 - 30.11.1999 Karl Storz GmbH & Co.
Mittelstr. 8
D
78532 Tuttlingen
Ltd partnership with priv. ltd. company
as
general partner
Secondary industrial sector
32501 Manufacutre of technical instruments and
supplies for
medical purposesn.e.c.
Works:
Karl
Storz GmbH & Co. KG
Carl-von-Linde-Str. 15
D
85748 Garching
Branch:
Karl
Storz GmbH & Co. KG
Elsa-Brandström-Weg
21
D
78532 Tuttlingen
TEL.:
07461/9656-0
Reg.
entry: 18.12.1972
Branch:
Karl
Storz GmbH & Co. KG
Mittelstr. 8
D 78532 Tuttlingen
Reg.
entry: 27.02.1998
Branch:
Karl
Storz GmbH & Co. KG
Friedrich-List-Str. 16
D
76297 Stutensee
Limited partner:
Karl Storz Medizinische
Nähsysteme GmbH &
Co. KG
Rottstr. 19
D
52068 Aachen
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total
cap. EUR 50,000.00
contribution:
Share: EUR 35,000.00
Reg. data: 05.11.2003
Local court 52070 Aachen
HRA 6061
Limited partner:
Karl
Storz Immobilien GmbH & Co.
Kommanditgesellschaft
Mittelstr. 8
D
78532 Tuttlingen
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total cap. EUR 25,000.00
contribution:
Share: EUR 25,000.00
Reg.
data: 16.01.2008
Local court 70190 Stuttgart
HRA 722262
Shareholder:
Storz
Endoskop Produktions GmbH
Mittelstr. 8
D
78532 Tuttlingen
Post
Box:
230
Legal form: Private limited
company
Company Status: active
Share
capital: EUR 500,000.00
Share: EUR 500,000.00
Reg. data:
14.03.2001
Local court 70190 Stuttgart
HRB 451142
Shareholder:
Elzacher Feinmechanik GmbH
Industriestr. 6
D 79215
Elzach
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 79,250.24
Share: EUR 79,250.24
Reg. data: 28.10.1981
Local court 79098 Freiburg
HRB 280134
Shareholder:
How to
Organize (H2O) GmbH
Bundesallee 171
D 10715 Berlin
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 170,000.00
Share: EUR 145,000.00
Reg.
data: 01.07.2004
Local court 14057 Berlin
HRB 93287 B
Shareholder:
Paul
Peschke GmbH
In der
Breite 2
D 88637 Leibertingen
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 350,000.00
Share: EUR 87,500.00
Reg.
data: 11.02.1985
Local court 89073 Ulm
HRB 710360
Shareholder:
MEDNOVO Medical Software Solutions GmbH
Hohenzollerndamm 150
D
14199 Berlin
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 74,350.00
Share: EUR 44,600.00
Reg.
data: 26.10.2005
Local court 14057 Berlin
HRB 98983 B
Shareholder:
Karl
Storz -Endoskope Berlin GmbH
Ohlauer Str. 43
D
10999 Berlin
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 26,000.00
Share: EUR 26,000.00
Reg.
data: 27.06.1977
Local court 14057 Berlin
HRB 11696 B
Shareholder:
MTP Medical
Technical Promotion GmbH
take-off-GewerbePark 46
D
78579 Neuhausen
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,564.59
Share: EUR 25,564.59
Reg.
data: 15.05.1991
Local court 70190 Stuttgart
HRB 450663
Shareholder:
Karl
Storz GmbH & Co. KG
Mittelstr. 8
D
78532 Tuttlingen
Legal
form: Private limited company
Company Status: active
Share capital: EUR 25,564.59
Share: EUR 25,564.59
Reg.
data: 27.02.1998
Local court 70190 Stuttgart
HRB 450969
Shareholder:
Karl
Storz GmbH & Co. KG
Elsa-Brandström-Weg 21
D
78532 Tuttlingen
Legal
form: Private limited company
Company
Status: active
Share
capital: EUR 25,564.59
Share: EUR 25,264.59
Reg.
data: 18.12.1972
Local court 70190 Stuttgart
HRB 450103
Shareholder:
KS
Systemtechnik GmbH
Industriestr. 16
D
76344 Eggenstein-Leopoldshafen
Legal
form: Private limited company
Company Status: dissolved
since: 07.09.2010
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data:
22.01.2007
Local court 68159 Mannheim
HRB 701627
Shareholder:
Karl
Storz Immobilienverwaltungsgesellschaft
mbH
Mittelstr. 8
D
78532 Tuttlingen
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 15.01.2008
Local court 70190 Stuttgart
HRB 725147
Shareholder:
Karl
Storz Technologie Beteiligungs GmbH
Rottstr. 19
D
52068 Aachen
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 30,000.00
Share: EUR 20,000.00
Reg.
data: 04.11.2003
Local court 52070 Aachen
HRB 12150
Shareholder:
CLEANICAL GmbH
Genthiner Str. 11
D
10785 Berlin
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 18,750.00
Reg.
data: 05.01.2007
Local court 14057 Berlin
HRB 105474 B
Shareholder:
IRDC
GmbH International Reference and
Development Center for Surgical Technology
Käthe-Kollwitz-Str. 64
D
04109 Leipzig
Legal form:
Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 6,500.00
Reg.
data: 05.08.2009
Local court
04275 Leipzig
HRB 25312
Payment experience: cash discount/within agreed terms
Negative information:We
have no negative information at hand.
Type of ownership: proprietor
Share: 100.00 %
Address Mittelstr. 8
D
78532 Tuttlingen
Real Estate of: Karl Storz Verwaltungsgesellschaft mbH
Type of ownership: Tenant
Address Mittelstr. 8
D
78532 Tuttlingen
Land register documents
were not available.
Principal bank
COMMERZBANK VORMALS
DRESDNER BANK, TUTTLINGEN
Sort. code: 64380011,
Account no.: 271330500, BIC: DRESDEFF643
Further banks
DEUTSCHE BANK, TUTTLINGEN
Sort. code: 65370075,
Account no.: 211639000, BIC: DEUTDESS653
VOLKSBANK DONAU-NECKAR,
TUTTLINGEN
Sort. code: 64390130,
Account no.: 772003, BIC: GENODES1TUT
KREISSPARKASSE TUTTLINGEN,
TUTTLINGEN
Sort. code: 64350070,
Account no.: 1322, BIC: SOLADES1TUT
Financial year: 01.01. - 31.12.
Turnover: 2011 EUR 228,000,000.00
2012 EUR 228,000,000.00
further business figures:
Equipment: EUR 19,000,000.00
Ac/ts receivable: EUR 22,800,000.00
Liabilities: EUR 17,100,000.00
Employees: 1,900
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.54.64 |
|
|
1 |
Rs.87.45 |
|
Euro |
1 |
Rs.72.65 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
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.