|
Report Date : |
29.07.2013 |
IDENTIFICATION DETAILS
|
Name : |
RABOCHEM AG |
|
|
|
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Registered Office : |
Murtenstrasse 116 3202 Frauenkappelen/BE |
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Country : |
Switzerland |
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Year of Incorporation : |
1974 |
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|
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Com. Reg. No.: |
217.0.530.727-1 / 141982 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
The Company deals with chemical products and is specialized on recycled solvents. |
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No. of Employees : |
5 |
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 : |
Small Company |
|
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) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SWITZERLAND - ECONOMIC OVERVIEW
Switzerland is a peaceful, prosperous, and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies. The Swiss have brought their economic practices largely into conformity with the EU's to enhance their international competitiveness, but some trade protectionism remains, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of all Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled export demand and put Switzerland in a recession. The Swiss National Bank (SNB) during this period effectively implemented a zero-interest rate policy to boost the economy as well as prevent appreciation of the franc, and Switzerland's economy recovered in 2010 with 3.0% growth. The sovereign debt crises currently unfolding in neighboring euro-zone countries pose a significant risk to Switzerland's financial stability and are driving up demand for the Swiss franc by investors seeking a safe-haven currency. The independent SNB has upheld its zero-interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell to 1.9% in 2011 and 0.8% in 2012. Switzerland has also come under increasing pressure from individual neighboring countries, the EU, the US, and international institutions to reform its banking secrecy laws. Consequently, the government agreed to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The government has renegotiated its double taxation agreements with numerous countries, including the US, to incorporate the OECD standard, and is considering the possibility of imposing taxes on bank deposits held by foreigners. These steps will have a lasting impact on Switzerland's long history of bank secrecy.
Source
: CIA
Rabochem AG
Operating
address:
Murtenstrasse 116
3202
Frauenkappelen/BE
Switzerland/CH
Telephone: 026
6729010
Fax: 026
6729019
Web
site: http://www.rabochem.com
VAT-No.: CHE105852531
Established: 1974
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code (NACE): 4675 Wholesale of chemical products
Banks: UBS Ltd
CS Credit
Suisse
Coverage: Company
Figures: approximately
Employees: 5
Sales: CHF 4-6 Mio
The Company deals with chemical products and
is specialized on recycled solvents. The Company operates globally with a focus
on Europe, Africa and Asia.
Information on property ownership was not
available.
Company
No: 217.0.530.727-1 / 141982
Legal
form: Company limited by
shares
Registration: 06.01.1976
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Bern (since 20.02.1998)
History: Date of Statutes:
16.02.1998
Date of
Incorporation Statutes: 16.12.1975
Date of
Statutes: 21.12.2012
Entry Deleted Name
active Rabochem
AG
Entry Deleted Legal domicile
14.01.2013 Frauenkappelen,
Switzerland
14.01.2013 Murten, Switzerland
Entry Deleted Address
14.01.2013 Murtenstrasse
116, 3202 Frauenkappelen/BE, Switzerland/CH
14.01.2013 Rathausgasse 21, 3280 Murten, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 100,000, paidup CHF 100,000
Entry Deleted Capital Structure
14.01.2013 100
Registered shares of CHF 1,000,--
Entry Deleted Activity (original Language)
14.01.2013 Die
Gesellschaft bezweckt den Handel und die Vermittlung von Waren aller Art sowie
die Erbringung von Beratungsdienstleistungen, insbesondere im Bereich der chemischen
und pharmazeutischen Produkte sowie von Mineralölen und petrochemischen
Erzeugnissen. Die Gesellschaft kann im Übrigen alle kommerziellen, finanziellen
und anderen Geschäfte tätigen, die bestimmt und geeignet sind, die Entwicklung
des Unternehmens und die Erreichung des Gesellschaftszweckes zu fördern oder zu
erleichtern. Die Gesellschaft kann Zweigniederlassungen und
Tochtergesellschaften im In- und Ausland errichten und sich an anderen
Unternehmen im In- und Ausland beteiligen. Die Gesellschaft kann Grundstücke
erwerben, halten und veräussern.
14.01.2013 commerce de produits chimiques et
pharmaceutiques de même que des produits d'huile industrielle minérale et de
pétro-chimie; commerce de marchandises de toutes sortes. Prendre des
participations. Acquérir des immeubles. La société ne déploie aucune activité
en Suisse autre que celle nécessaire à son administration.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
14.01.2013 Reports:
Mitteilungen an die Aktionäre: schriftlich (einschliesslich Telefax oder
E-Mail).
Title Name
President Ulrich
Antonius von Fransecky, Origin: Germany, Residential address: Bocholt, Germany,
single signature
Chief
Executive Raimund
von Fransecky, Origin: Germany, Residential address: Muri bei Bern,
Switzerland, single signature
Title Name
Auditor K-Vis
GmbH, Residential address: Baden/AG, Switzerland, Id: CH-400.4.020.454-5,
Registered since: 14.01.2013
Owner: The company is
privately owned.
It is believed that the company has no
investments.
Control date Year No. Amount CHF Status
16.05.2011 2011 0
16.05.2011 2010 0
16.05.2011 2009 0
An updated legal action check is only
available against proof of interest. e.g. a copy of an enquiry letter, and
order or invoice relating to the subject company.
Financial
Statements: The company does not disclose
any financial statements. Third parties are not permitted any insight into the
financial affairs. It is therefore difficult to make a proper assessment of the
actual situation.
Financial
Situation: The financial situation
is considered to be in order.
Payment
experiences: Financial obligations are
met in an orderly manner.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.58.91 |
|
|
1 |
Rs.90.68 |
|
Euro |
1 |
Rs.78.22 |
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.