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Report Date : |
20.01.2013 |
IDENTIFICATION DETAILS
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Name : |
LABORATORIOS ALMOS S.A. |
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Registered Office : |
Avda. Defensores del Chaco 836, Fernando de la Mora |
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Country : |
Paraguay |
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Date of Incorporation : |
1973 |
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Legal Form : |
Public Limited Company |
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Line of Business : |
Medical Laboratory Specialties |
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No. of Employees : |
150 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 : |
No Complaints |
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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 (31.03.2012) |
Current Rating (30.06.2012) |
|
Paraguay |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
portugal - ECONOMIC OVERVIEW
Portugal has become a diversified and increasingly
service-based economy since joining the European Community - the EU's
predecessor - in 1986. Over the past two decades, successive governments have
privatized many state-controlled firms and liberalized key areas of the
economy, including the financial and telecommunications sectors. The country
qualified for the Economic and Monetary Union (EMU) in 1998 and began
circulating the euro on 1 January 2002 along with 11 other EU members. The
economy had grown by more than the EU average for much of the 1990s, but fell
back in 2001-08, and contracted 2.5% in 2009, before growing 1.3% in 2010. But
GDP fell again in 2011, as the government implemented austerity measures,
including a 5% public salary cut, a 2% increase in the value-added tax, and an
extraordinary tax on yearend bonuses to comply with conditions of an EU-IMF
financial rescue package agreed to in May 2011. GDP per capita stands at
roughly two-thirds of the EU-27 average. A rigid labor market has been an
obstacle to greater productivity and growth. Portugal also has been
increasingly overshadowed by lower-cost producers in Central Europe and Asia as
a destination for foreign direct investment. Portugal's low competitiveness,
low growth prospects, and high levels of public debt have made it vulnerable to
bond market turbulence. The government reduced the budget deficit from 10.1% of
GDP in 2009 to 4.5% in 2011, an achievement made possible only by the
extraordinary revenues obtained from the one-time transfer of bank pension
funds to the social security system. Investors, however, continue to express
concern about the government's ability to achieve future budget deficit targets
and obtain foreign financing to cover its sovereign debt obligations when the
EU-IMF financing program expires in 2013. Without the option for stimulus
measures, the government is focusing instead on boosting exports and
implementing labor market and other structural reforms to try to raise GDP growth
and increase Portugal's competitiveness - which, over time, may help mitigate
investor concerns.
|
Source : CIA |
LABORATORIOS ALMOS
S.A.
RUC Nº 80029411-4
BEGINNER OF ACTIVITIES. INCORPORATED IN 1973.
NOT PROVIDED BALANCE SHEET. NO NEGATIVE. FIT FOR OPERATIONS OF MODERATED
IMPORTANCE AND ADDITIONAL GUARANTEES.
MEDICAL LABORATORY SPECIALTIES.
REPRESENTATIONS.
LEGAL FORM: PUBLIC LIMITED COMPANY
CREATED: 1973
REGISTERED RPC: 1973
DURATION: UNLIMITED
END OF FISCAL YEAR: 31.12
Legal and dependences operatives centrals
address:
--------------------------------------------------
Avda. Defensores del Chaco 836, Fernando de
Phone. 595-21 512936
Fax. 595-21 505536
E.Mail: info@laboratoriosalmos.com.py
Web: www.laboratoriosalmos.com.py
PRESIDENT:
JULIAN
APODACA
GENERAL MANAGER: EMILIO
GUERRERO
ACCOUNTANT: RUTH
PICCO
Using signature: It is in charge of the first two mentioned.
Society as a comment is the initiator of the
activities concerned. It was founded in 1973 and is dedicated to the
manufacture and distribution of pharmaceutical products.
Is currently considered one of the most prestigious laboratories operating in
the Republic of Paraguay.
Founded in
Ms. Lorena Ojeda, in charge of
administration, confirm that not provided financial information to third
parties.
Inquiries made ??through third parties have determined that it operates within
a reasonable area of ??economic importance, with normal management to present
and obtaining compensation benefits.
They close their exercises at 31.12.
REAL
ESTATE:
------------
- Avda. Defensores del Chaco 836, Fernando de
- Acceso Sur
VEHICLES:
---------
It has several vehicles of various characteristics, affected the development of
operations.
Operates within the lines above, having made
??the necessary infrastructure.
With 150 employees who collaborate in the care of different tasks.
Imports from Argentina and Switzerland, while its sales are limited to the
domestic market.
HABITUAL SUPPLIERS:
-------------------
ITALQUIMICA S.A. (PARAGUAY)
REDOX S.A. (PARAGUAY)
* 150 EMPLOYEES.
Plant of production:
--------------------
Acceso Sur
BANCO CONTINENTAL
BANCO REGIONAL
INTERBANCO
Branch. F. de
INSURAN
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MAPFRE S.A.
Until present day it doesn't register
negative records that could affect its concept.
* FULFILLMENT: WITHOUT OBJECTIONS
This was all that could be registered about
the company, who has a very good importance on its sector. Its credit relation
is feasible, although for amounts of moderated importance with additional
guarantees.
* FIT FOR OPERATIONS OF MODERATED IMPORTANCE.
NOTE: They were told that information is requested by PHARMAPACK ACG (INDIA)
but not provided balance sheet.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.94 |
|
|
1 |
Rs.86.24 |
|
Euro |
1 |
Rs.72.20 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
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.