MIRA
INFORM REPORT
|
Report Date : |
22.11.2013 |
IDENTIFICATION DETAILS
|
Name : |
BULK TRADING SA |
|
|
|
|
Registered Office : |
Piazza Molino Nuovo 17, 6900 Lugano/TI |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Date of Incorporation : |
07.06.1994 |
|
|
|
|
Com. Reg. No.: |
514.3.007.372-0 / 337239 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
Subject is engaged in the international trade with raw materials within the hydro-electricity, natural gas, carbon fuels, fuel grade petroleum coke, steam coal and anthracite |
|
|
|
|
No. of Employees : |
40 employees |
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) |
|
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
2.7% 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
safehaven 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 2.1% in 2011.
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 in 2011 it
reached deals with Germany and the UK to resolve outstanding issues,
particularly 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 |
Company name
Bulk Trading SA
Operating address
Piazza Molino Nuovo 17
6900 Lugano/TI
Switzerland/CH
Telephone: 091
6115130
Fax: 091
6115137
Web
site: http://www.bulktrading.ch
E-mail: info@bulktrading.ch
VAT-No.: CHE107614327
Profile
Established: 1994
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code (NACE): 4671 Wholesale of solid, liquid and gaseous
fuels and related products
Import/Export: Import, Export
Banks: unknown
Organisation
level: Ultimate Parent
Operational Figures
Coverage: Company
Figures: estimated
Employees: 40
Activity
The company is engaged in the international trade with raw materials within
the hydro-electricity, natural gas, carbon fuels, fuel grade petroleum coke,
steam coal and anthracite.
Real Estate
Real Estate: The
company owns no property.
Company Register
Company
No: 514.3.007.372-0 /
337239
Legal
form: Company limited
by shares
Registration: 07.06.1994
Legal
status: active
Responsible
Register: Registro di commercio del
Cantone Ticino
History: Date of Statutes:
15.12.1994
Date of
Incorporation Statutes: 24.05.1994
Date of
Statutes: 20.11.2012
Date of
Statutes: 29.01.2007
Date of
Statutes: 22.06.2006
Date of
Statutes: 30.06.2005
Date of
Statutes: 13.07.2005
Date of
Statutes: 15.03.2002
Date of
Statutes: 30.01.1997
Entry Deleted Name
active Bulk
Trading SA
Entry Deleted Legal domicile
30.01.2007 Lugano,
Switzerland
10.02.1997 30.01.2007 Manno, Switzerland
Entry Deleted Address
30.01.2007 Piazza
Molino Nuovo 17, 6900 Lugano/TI, Switzerland/CH
Entry Deleted Capital
23.06.2006 Share
Capital CHF 3'000'000, paidup CHF 3'000'000
Entry Deleted Capital Structure
23.06.2006 30'000
Bearer shares of CHF 100.--
Entry Deleted Activity (original Language)
21.11.2012 L'importazione,
l'esportazione ed il commercio di ogni combustibile solido, liquido e gassoso,
dei relativi derivati e sottoprodotti e di altre materie prime, merci e
materiali e di ogni prodotto siderurgico e suoi derivati, e ogni materiale
subordinato o derivato della produzione del cemento. Inoltre può occuparsi di
ricerca, sfruttamento e esercizio di miniere di carbon fossile e lignite, lo
svolgimento di ogni attività di trasporto, ivi compreso il noleggio di mezzi ad
esso adibiti, e attività connesse. La società può concedere a società da essa
partecipate e/o con partecipazioni comuni o ad essa in altro modo legate,
compresi gli azionisti diretti o indiretti della società o alle società cui
questi partecipano, finanziamenti diretti o indiretti, sia per mezzo di
prestiti od altri metodi di finanziamento, sia per mezzo di garanzie di ogni
genere, con o senza controprestazione. Essa potrà inoltre assumere partecipazioni
in imprese commerciali, finanziarie ed industriali ed eseguire tutte le
operazioni commerciali o finanziarie ritenute utili o connesse allo scopo
sociale. La società può partecipare a altre imprese in Svizzera e all'estero.
21.11.2012 L'importazione, l'esportazione ed il commercio
di minerali e di ogni combustibile solido, liquido e gassoso, dei relativi
derivati e sottoprodotti e di altre materie prime, merci e materiali e di ogni
prodotto siderurgico; e suoi derivati; e ogni materiale subordinato o derivato
della produzione del cemento; la ricerca, lo sfruttamento e l'esercizio di
miniere di carbon fossile e lignite, di torbifere e di pozzi petroliferi, la
produzione e la commercializzazione di energia elettrica, lo svolgimento di ogni
attività di trasporto, ivi compreso il noleggio di mezzi ad esso adibiti, e
attività connesse alla distribuzione di gas naturale e LPG. Può procedere alla
assunzione di partecipazioni e alla costituzione di società.
Entry Deleted Remarks (original Language)
active Publishing
authority: FUSC.
23.06.2006 Financial
data: Compensazione crediti: CHF 1'000'000.--.
15.07.2005 Financial
data: Compensazione crediti: CHF 1'900'000.--.
13.05.2002 Note:
Statuto modificato su punti non soggetti a pubblicazione.
Official Administration
Title Name
President Daniele (Raoul) Avallone, Origin: Italy, Residential
address: 6900 Lugano/TI, Switzerland, joint signature of two
Director Gianluca
Generali, Origin: Giornico, Switzerland, Residential address: Breganzona, Switzerland,
joint signature of two, Registered since: 13.05.2002
Director Giovanni
Risso, Origin: Italy, Residential address: 6900 Lugano/TI, Switzerland, joint
signature of two, Registered since: 02.11.2007
Director Daniele
Severoni, Origin: Viganello, Switzerland, Residential address: Vezia,
Switzerland, joint signature of two, Registered since: 27.05.1999
Management
Title Name
Director Michele
Ortelli, Origin: Lugano, Switzerland, Residential address: 6962 Viganello/TI,
Switzerland, joint signature of two, Registered since: 02.11.2007
Member
with signing authority Nicola Pozza,
Origin: Italy, Residential address: 6900 Lugano/TI, Switzerland, joint
signature of two, with a Director or member of the board, Registered since:
02.11.2007
Member
with signing authority Paola
Vercellino, Origin: Italy, Residential address: 6900 Lugano/TI, Switzerland,
joint signature of two, with a Director or member of the board, Registered
since: 02.11.2007
External Positions
Title Name
Auditor Ernst
& Young AG, Residential address: Lugano, Switzerland
Executive board
Title Name
Chief
Financial Officer Giovanni
Risso (grisso@bulktrading.ch)
Chief
Sales Officer Nicola
Pozza (npozza@bulktrading.ch)
Chief
Business Segment Officer Daniele (Raoul) Avallone (ravallone@bulktrading.ch)
Chief
Controlling Officer Paola
Vercellino (pvercellino@bulktrading.ch)
Owner/-s
Owner: The
company is privately owned.
Investments
Class: 100%
Name: Bulk Trading SA
City/Country: Katowice, Poland/PL
Interest: 100.00% voting right,
100.00% capital interest
Class: 100%
Name: C.I. Bulk Trading
Suramerica Ltda
City/Country: Cúcuta, Colombia/CO
Interest: 100.00% voting right,
100.00% capital interest
Legal Actions
Control date Year No. Amount CHF Status
01.08.2002 2002 1 1'576'092. -- Opposition filed
01.08.2002 2001 0
01.08.2002 2000 0
01.08.2002 1999 0
01.08.2002 1998 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.
Remarks
Mr Avallone holds no further Swiss board positions. Mr Generali holds a
further 7 positions.
Credit Information
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 difficult to assess.
Payment
experiences: There are no objections
regarding the payment of financial obligations.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.89 |
|
UK Pound |
1 |
Rs.101.14 |
|
Euro |
1 |
Rs.84.42 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.