MIRA INFORM REPORT

Report Date :

13.11.2013

IDENTIFICATION DETAILS

Name :	WOHLENBERG BUCHBINDESYSTEME GMBH
Registered Office :	Nikolaus-Kopernikus- Strasse 7 Verden (Aller), 27283
Country :	Germany
Financials (as on) :	31.12.2011
Date of Incorporation :	16.08.1993
Com. Reg. No.:	HR122396
Legal Form :	Private Subsidiary
Line of Business :	Manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials
No. of Employees :	100

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 31^st, 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

Company name and address

WOHLENBERG BUCHBINDESYSTEME GMBH

Nikolaus-Kopernikus-Strasse 7
Verden (Aller), 27283
Germany
Tel:	+49 (0) 4231 7750
Fax:	+49 (0) 4231 98970

Employees:	100
Company Type:	Private Subsidiary
Corporate Family:	2 Companies
Ultimate Parent:	SLB Beteiligungs-GmbH
Incorporation Date:	16-Aug-1993

Fiscal Year End:	31-Dec-2010
Reporting Currency:	Euro
Annual Sales:	NA
Total Assets:	19.9

Business Description

Wohlenberg Buchbindesysteme GmbH is primarily engaged in manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials (extruders, moulders, pneumatic tyre making or retreading machines and other machines for making a specific rubber or plastic product); manufacture of printing and bookbinding machines; manufacture of machinery for producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes, blackboard chalk, foundry moulds, etc.; manufacture of moulding boxes for any material; mould bases; moulding patterns; moulds; manufacture of dryers for wood, paper pulp, paper or paperboard; manufacture of centrifugal clothes dryers; manufacture of diverse special machinery and equipment (machines to assemble electric or electronic lamps, tubes (valves) or bulbs; machines for production or hot-working of glass or glassware, glass fibre or yarn; machinery or apparatus for isotopic separation; rope-making machinery, etc.); and manufacture of industrial robots for multiple uses.

Industry

Industry	Machinery and Equipment Manufacturing
ANZSIC 2006:	2499 - Other Machinery and Equipment Manufacturing Not Elsewhere Classified
ISIC Rev 4:	2829 - Manufacture of other special-purpose machinery
NACE Rev 2:	2899 - Manufacture of other special-purpose machinery n.e.c.
NAICS 2012:	333249 - Other Industrial Machinery Manufacturing
UK SIC 2007:	2899 - Manufacture of other special-purpose machinery n.e.c.
US SIC 1987:	3555 - Printing Trades Machinery and Equipment

  Key Executives

Name	Title
Bernhard Baumann	Managing director
Christian Baumann	Managing director
Bernfried Moosmann	Managing director

News

Title	Date
There is a change for the better in the USA - Wohlenberg Buchbindesysteme sees growing demand in North America VDMA (606 Words)	15-May-2013

Key IDSM Number: 43004876

Registered No.(Other): HRB122396

Parent Registered No.(UK):

DEU

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7550783

2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064

Corporate Overview

Wohlenberg Buchbindesysteme GmbH

Location
Nikolaus-Kopernikus-Strasse 7
Verden (Aller), 27283
Germany

Tel:	+49 (0) 4231 7750
Fax:	+49 (0) 4231 98970

Suggest Company URL

Sales EUR(mil):	NA
Assets EUR(mil):	14.8
Employees:	100
Fiscal Year End:	31-Dec-2010

Industry:

Miscellaneous Capital Goods

Incorporation Date:	16-Aug-1993
Company Type:	Private Subsidiary
Quoted Status:	Not Quoted
Registered No.():	HRB122396
Parent Registered No.(UK):	DEU

Managing director:

Christian Baumann

Industry Codes

ANZSIC 2006 Codes:
2499	-	Other Machinery and Equipment Manufacturing Not Elsewhere Classified

ISIC Rev 4 Codes:
2829	-	Manufacture of other special-purpose machinery
2819	-	Manufacture of other general-purpose machinery

NACE Rev 2 Codes:
2899	-	Manufacture of other special-purpose machinery n.e.c.
2829	-	Manufacture of other general-purpose machinery n.e.c.

NAICS 2012 Codes:
333249	-	Other Industrial Machinery Manufacturing
33399	-	All Other General Purpose Machinery Manufacturing

US SIC 1987:
3555	-	Printing Trades Machinery and Equipment
3569	-	General Industrial Machinery and Equipment, Not Elsewhere Classified

UK SIC 2007:
2899	-	Manufacture of other special-purpose machinery n.e.c.
2829	-	Manufacture of other general-purpose machinery n.e.c.

Business Description

Wohlenberg Buchbindesysteme GmbH is primarily engaged in manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials (extruders, moulders, pneumatic tyre making or retreading machines and other machines for making a specific rubber or plastic product); manufacture of printing and bookbinding machines; manufacture of machinery for producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes, blackboard chalk, foundry moulds, etc.; manufacture of moulding boxes for any material; mould bases; moulding patterns; moulds; manufacture of dryers for wood, paper pulp, paper or paperboard; manufacture of centrifugal clothes dryers; manufacture of diverse special machinery and equipment (machines to assemble electric or electronic lamps, tubes (valves) or bulbs; machines for production or hot-working of glass or glassware, glass fibre or yarn; machinery or apparatus for isotopic separation; rope-making machinery, etc.); and manufacture of industrial robots for multiple uses.

Financial Data

Financials in:	EUR(mil)
Assets:	14.8
Current Assets:	10.8
Total Liabilities:	14.8
Issued Capital:	0.8
Net Worth:	2.7
Date of Financial Data:	31-Dec-2010

1 Year Growth

NA

Subsidiaries

Company	Percentage Owned	Country
Wohlenberg Engineering & Consulting GmbH		Germany

Key Corporate Relationships

Corporate family

Company Name	Company Type	Location	Country	Industry	Sales (USD mil)	Employees
SLB Beteiligungs-GmbH	Parent
Wohlenberg Buchbindesysteme GmbH	Subsidiary	Verden (Aller), Niedersachsen	Germany	Machinery and Equipment Manufacturing		100

Executives Report

Wohlenberg Buchbindesysteme GmbH

Verden (Aller), Niedersachsen, Germany, Tel: +49 (0) 4231 7750

Executives

Name	Title	Function
Christian Baumann	Managing director	Managing Director
Bernhard Baumann	Managing director	Managing Director
Bernfried Moosmann	Managing director	Managing Director

News

There is a change for the better in the USA - Wohlenberg Buchbindesysteme sees growing demand in North America VDMA (606 Words)

15-May-2013

Annual Profit & Loss

	31-Dec-2011	31-Dec-2010	31-Dec-2009
Period Length	12 Months	12 Months	12 Months
Filed Currency	EUR	EUR	EUR
Exchange Rate (Period Average)	0.71919	0.755078	0.719047
Consolidated	No	No	No
Taxes and social security costs	1.0	0.8	1.1
Total payroll costs	5.9	5.6	6.6
Cost of stock depreciation and amortisation	0.1	-	-
Fixed asset depreciation and amortisation	0.4	0.5	0.5
Other operating costs	1.5	1.4	2.0
Net operating income	-1.2	-0.9	-1.9
Other income	0.0	0.0	0.1
Interest payable on loans	0.9	0.9	0.9
Total expenses	0.9	0.9	0.9
Profit before tax	-2.0	-1.8	-2.7
Provisions	0.6	0.6	0.8
Other taxes	0.1	0.0	0.0
Total taxation	0.0	0.0	-0.1
Net loss	-2.1	-1.8	-2.7

Annual Balance Sheet

Financials in: USD (mil)

	31-Dec-2011	31-Dec-2010	31-Dec-2009
Filed Currency	EUR	EUR	EUR
Exchange Rate	0.770327	0.745406	0.696986
Consolidated	No	No	No
Issued capital	1.0	1.0	1.1
Capital reserves	2.4	-	-
Profits for the year	-0.7	1.3	3.3
Profit brought forward from previous year(s)	1.2	3.1	6.1
Total stockholders equity	2.9	3.6	4.4
Provisions and allowances	0.6	0.6	0.9
Other debentures	-	-	6.8
Total long-term liabilities	-	-	6.8
Trade creditors	-	-	0.9
Advances received	-	-	0.0
Other loans	-	-	4.3
Taxation and social security	-	-	1.7
Other current liabilities	-	-	0.2
Total current liabilities	15.0	13.1	7.1
Regularisation account	0.0	0.0	0.1
Total liabilities (including net worth)	19.1	19.9	21.9
Patents	0.4	0.6	-
Intangibles	0.4	0.6	0.9
Land and buildings	4.1	4.4	5.0
Machinery and tools	0.0	0.0	0.0
Fixtures and equipment	4.1	4.4	5.0
Total tangible fixed assets	4.3	4.6	5.3
Shares held in associated companies	0.1	0.1	0.1
Total financial assets	0.1	0.1	0.1
Total non-current assets	4.9	5.4	6.3
Net stocks and work in progress	8.9	10.9	8.3
Total receivables	5.0	3.5	7.0
Cash and liquid assets	0.1	0.0	0.1
Total current assets	14.0	14.4	15.5
Prepaid expenses and deferred costs	0.2	0.1	0.2
Total assets	19.1	19.9	21.9

Annual Ratios

Financials in: USD (mil)

	31-Dec-2011	31-Dec-2010	31-Dec-2009
Period Length	12 Months	12 Months	12 Months
Filed Currency	EUR	EUR	EUR
Exchange Rate	0.770327	0.745406	0.696986
Consolidated	No	No	No
Current ratio	9.34	10.97	21.83
Acid test ratio	3.40	2.71	10.05
Total liabilities to net worth	0.52%	0.36%	0.31%
Net worth to total assets	0.02%	0.02%	0.02%
Current liabilities to net worth	0.52%	0.36%	0.16%
Current liabilities to stock	0.17%	0.12%	0.08%
Fixed assets to net worth	0.17%	0.15%	0.14%
Return on assets	-0.01%	0.00%	-0.01%
Shareholders' return	-0.07%	-0.05%	-0.06%
Profit per employee	-1.67	-1.30	-1.81
Average wage per employee	4.73	3.96	4.48
Net worth	2.9	3.6	4.4
Number of employees	90	106	106

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.59
UK Pound	1	Rs.101.56
Euro	1	Rs.85.15

INFORMATION DETAILS

Report Prepared by :

NIS

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