|
Report Date : |
28.06.2013 |
IDENTIFICATION DETAILS
|
Name : |
HERAEUS PRECIOUS METALS GMBH &
CO. KG |
|
|
|
|
Registered Office : |
Heraeusstr. 12-14 D 63450 Hanau |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
21.09.2010 |
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|
|
|
Com. Reg. No.: |
HRA 92854 |
|
|
|
|
Legal Form : |
Ltd partnership with priv. ltd.
company as general partner |
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|
|
|
Line of Business : |
Manufacture of other inorganic basic
chemicals |
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|
|
|
No. of Employees : |
2,732 |
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 |
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|
|
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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 – 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 |
HERAEUS PRECIOUS METALS GMBH & CO.
KG
Company Status: active
Heraeusstr. 12-14
D 63450 Hanau
Telephone:06181/350
Telefax:
06181/353588
Homepage: www.heraeus-precious-metals.de
E-mail: hpm@heraeus.com
VAT no.: DE275715382
Business relations are permissible.
LEGAL FORM Ltd
partnership with priv. ltd. company as general partner
Date of foundation: 21.09.2010
Registered on: 21.09.2010
Register of
companies: Local
court 63450 Hanau
under: HRA 92854
Total cap. contribution: EUR 30,000,000.00
Limited
partner:
HERAEUS HOLDING
Gesellschaft mit
beschränkter Haftung
Heraeusstr. 12-14
D 63450 Hanau
Legal form: Private
limited company
Share capital: EUR
210,000,000.00
Share: EUR 30,000,000.00
Registered on: 19.02.1986
Reg. data: 63450 Hanau,
HRB 3364
General
partner:
Heraeus Precious Metals
Verwaltungs GmbH
Heraeusstr. 12-14
D 63450 Hanau
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered on: 23.03.1998
Reg. data: 63450 Hanau,
HRB 6113
Shareholder:
HERAEUS HOLDING
Gesellschaft mit
beschränkter Haftung
Heraeusstr. 12-14
D 63450 Hanau
Legal form: Private
limited company
Share capital: EUR
210,000,000.00
Share: EUR 24,700.00
Registered on: 19.02.1986
Reg. data: 63450 Hanau,
HRB 3364
Shareholder:
Heraeus Liegenschafts-
und Facility
Management GmbH & Co.
KG
Heraeusstr. 12-14
D 63450 Hanau
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 5,200,000.00
contribution:
Share: EUR 1,300.00
Registered on: 23.06.1997
Reg. data: 63450 Hanau,
HRA 5233
Manager:
Dr. Roland Gerner
D 63517 Rodenbach
born: 11.11.1954
President of
the Supervisory Board:
Dr. Frank Heinricht
D 74223 Flein
born: 02.03.1962
Profession: Physicist
Vice-president of the Supervisory Board:
Jan Richard Rinnert
D 60306 Frankfurt
born: 30.08.1968
Marital status: unknown
Member of
the Supervisory Board:
Stefan Strauch
Am Waldgraben 4
D 63457 Hanau
Profession: Master
painter
Member of
the Supervisory Board:
Sandra Niedermeier
D 63579 Freigericht
Marital status: unknown
Member of
the Supervisory Board:
Andrea Bläser
D 63796 Kahl
Marital status: unknown
Proxy:
Dr. Aloys Eiling
D 95100 Selb
authorized to jointly
represent the company
born: 02.10.1952
Proxy:
Dr. Horst Meyer
D 63674 Altenstadt
authorized to jointly
represent the company
born: 27.08.1954
Marital status: unknown
Proxy:
Gerald Ritter
D 63571 Gelnhausen
authorized to jointly
represent the company
born: 20.03.1961
Marital status:
unknown
Proxy:
Hans-Jürgen Deutsch
D 69181 Leimen
authorized to jointly
represent the company
born: 16.05.1966
Proxy:
Dr. Ralf Droste
D 63450 Hanau
authorized to jointly
represent the company
born: 24.05.1955
Marital status: unknown
Proxy:
Ute Rausch
D 63486 Bruchköbel
authorized to jointly
represent the company
born: 15.05.1971
Proxy:
Roland Schwögler
D 63450 Hanau
authorized to jointly
represent the company
born: 27.04.1975
Main
industrial sector
2013
Manufacture of other inorganic basic chemicals
46722
Wholesale of non-ferrous ores, metals and metal semi-finished goods
Shareholder:
Heraeus
Metallhandelsgesellschaft mbH
Heraeusstr. 12-14
D 63450 Hanau
Legal form: Private
limited company
Company Status: active
Share capital: EUR
11,000,000.00
Share: EUR 11,000,000.00
Reg. data: 07.06.1991
Local court
63450 Hanau
HRB 4433
Shareholder:
Heraeus Original Hanau
GmbH
Heraeusstr. 12-14
D 63450 Hanau
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 07.07.2011
Local court
63450 Hanau
HRB 93692
Payment experience: within
periods customary in this trade
Negative information: We have no negative information at hand.
Type of ownership: Tenant
Address
Heraeusstr. 12-14
D 63450 Hanau
Real Estate of: Heraeus
Precious Metals Verwaltungs GmbH
Type of ownership: Tenant
Address Heraeusstr.
12-14
D 63450 Hanau
Land register documents were not available.
A bank connection is unknown.
Financial year: 01.01.
- 31.12.
Turnover: 2011 EUR 23,291,700,000.00
2012 EUR 17,457,200,000.00
further business figures:
Equipment: EUR 27,320,000.00
Ac/ts receivable: EUR 57,372,000.00
Liabilities: EUR 73,764,000.00
Employees: 2,732
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.60.59 |
|
|
1 |
Rs.92.92 |
|
Euro |
1 |
Rs.78.94 |
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.