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Report Date : |
28.11.2013 |
IDENTIFICATION DETAILS
|
Name : |
TRAMMO AG |
|
|
|
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Registered Office : |
Prime Tower, Hardstrasse 201, 8005
Zürich/ZH |
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|
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Country : |
Switzerland |
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Date of Incorporation : |
26.01.1984 |
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Com. Reg. No.: |
130.0.002.894-3 / 195387 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
wholesaler of raw materials such as fertilizers, sulfuric acid, petrochemicals and derivatives, coal, petroleum coke and other petroleum products |
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No. of Employees : |
60 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
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 : |
Slow but Correct |
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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 – September 30th, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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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
Trammo AG
Prime Tower
Hardstrasse 201
8005 Zürich/ZH
Switzerland/CH
Telephone: 058
4511444
Fax: 058
4511464
Web
site: http://www.trammo.com
E-mail: zurich.ferts-commodities@trammo.com
VAT-No.: CHE108159337
Established: 1984
Line
of Business: Trade brokers
Industry
Division: Wholesale trade
Industry-code (NACE): 4612 Agents involved in the sale of fuels, ores,
metals and industrial chemicals
Import/Export: Import, Export
Banks: unknown
Coverage: Company
Figures: estimated
Employees: 60
The business activities includes the wholesale of raw materials such as fertilizers, sulfuric acid, petrochemicals and derivatives, coal, petroleum coke and other petroleum products.
Information on property ownership was not available.
Company
No: 130.0.002.894-3 /
195387
Legal
form: Company limited
by shares
Registration: 26.01.1984
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Zürich
History: Date of Statutes:
14.10.2011
Date of
Statutes: 11.06.2013
Entry Deleted Name
17.06.2013 Trammo
AG
17.06.2013 Trammo
Ltd (Name translated)
17.06.2013 Trammo
SA (Name translated)
17.06.2013 Transammonia AG
17.06.2013 Transammonia SA (Name translated)
17.06.2013 Transammonia Ltd (Name translated)
Entry Deleted Legal domicile
active Zürich,
Switzerland
removed Altendorf, Switzerland
Entry Deleted Address
active Hardstrasse
201, 8005 Zürich/ZH, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 4,000,000, paidup CHF 4,000,000
Entry Deleted Capital Structure
active 4,000
Registered shares of CHF 1,000.--
Entry Deleted Activity (original Language)
17.06.2013 Der
Zweck der Gesellschaft ist der weltweite Handel und die Vermarktung von
Rohstoffen und Waren, einschliesslich, ohne Einschränkung, Düngemittel,
Schwefelsäure, Petrochemikalien und Derivate, Kohle, Petrolkoks und andere
Erdölprodukte, und des Transportes, Lagerung und Verpackung dieser Waren, für eigene Rechnung, für
Rechnung Dritter, auf Provisionsbasis und in Verbindung mit ihren Zweigstellen
im Ausland, deren Tätigkeit sie koordiniert und verwaltet. Die Gesellschaft kann
im In- und Ausland Schiffe, Tankwagen, Lastwagen, Lagerhäuser, Abpackanlagen,
Grundstücke und Gebäude aller Art mieten, kaufen und veräussern sowie Schiffe
aller Art chartern und verchartern. Sie
kann in Produktion, Verarbeitung und Logistik investieren; sie kann andere
Unternehmen in ihren Fachgebieten beraten. Die Gesellschaft kann alle
kommerziellen, finanziellen und andere Tätigkeiten ausüben, welche mit dem
Zweck der Gesellschaft direkt oder indirekt im Zusammenhang stehen. Die
Gesellschaft bezweckt zudem die Unterstützung ihrer Muttergesellschaft, von
Gruppengesellschaften und Zweigniederlassungen des Konzerns (zusammen mit der
Gesellschaft die ?Trammo Gruppe?), insbesondere in finanzieller Hinsicht, unter
anderem durch die Gewährung und Vermittlung von Krediten, Bürgschaften,
Garantien oder anderer Sicherheiten. Die Gesellschaft kann Zweigniederlassungen
und Tochtergesellschaften im In- und Ausland errichten.
17.06.2013 Der Zweck der Gesellschaft ist der weltweite Handel
mit Rohstoffen aller Art, insbesondere mit Düngemitteln, für eigene Rechnung,
für Rechnung Dritter und auf Provisionsbasis, einschliesslich des Transportes,
der Lagerung und Abpackung, stets in Verbindung mit ihren Zweigstellen im
Ausland, deren Tätigkeit sie koordiniert und verwaltet. Die Gesellschaft kann
im In- und Ausland Schiffe, Tankwagen, Lastwagen, Lagerhäuser, Abpackanlagen,
Grundstücke und Gebäude aller Art mieten, kaufen und veräussern sowie Schiffe
aller Art chartern und verchartern. Sie kann andere Unternehmen in ihren
Fachgebieten beraten. Die Gesellschaft kann alle kommerziellen, finanziellen
und andere Tätigkeiten ausüben, welche mit dem Zweck der Gesellschaft direkt
oder indirekt im Zusammenhang stehen. Die Gesellschaft bezweckt zudem die
Unterstützung von Gesellschaften des Transammonia-Konzerns, insbesondere in
finanzieller Hinsicht, unter anderem durch die Gewährung und Vermittlung von
Krediten, Bürgschaften, Garantien oder anderer Sicherheiten. Die Gesellschaft
kann Zweigniederlassungen und Tochtergesellschaften im In- und Ausland
errichten.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
active Reports:
Mitteilungen an die Aktionäre erfolgen durch eingeschriebenen Brief an die im
Aktienbuch verzeichneten Adressen.
27.06.2013 Merger:
Übernahme der Aktiven und Passiven der Trammochem AG , in Zürich (
CH-130.0.002.893-8 ), gemäss Fusionsvertrag vom 21.06.2013 und Bilanz per
31.12.2012. Aktiven von CHF 211'462'139.00 und Passiven (Fremdkapital) von CHF
173'321'603.00 gehen auf die übernehmende Gesellschaft über. Da dieselben
Aktionäre sämtliche Aktien der an der Fusion beteiligten Gesellschaften halten,
findet weder eine Kapitalerhöhung noch eine Aktienzuteilung statt.
Title Name
President Hendrik Van
Dalfsen, Origin: Netherlands, Residential address: 8852 Altendorf/SZ,
Switzerland, joint signature of two
Chief
Executive Ashok
Kishore, Origin: India, Residential address: Freienbach, Switzerland, joint
signature of two, Registered since: 27.06.2013
Chief
Executive Christian
Wendel, Origin: Weinfelden, Switzerland, Residential address: Altendorf,
Switzerland, joint signature of two
Company
Secretary Hans-Jörg
Oberli, Origin: Lenzburg, Bülach, Switzerland, Residential address: 8180
Bülach/ZH, Switzerland, single signature
Director Urs Weber,
Origin: Maur, Switzerland, Residential address: Altendorf, Switzerland, joint
signature of two
Title Name
Director Urs Weber,
Origin: Maur, Switzerland, Residential address: Altendorf, Switzerland, joint
signature of two
Vice-Director Ruslan Galiullin,
Origin: Russia, Residential address: Feusisberg, Switzerland, joint signature
of two
Vice-Director Michael Holm,
Origin: Denmark, Residential address: Malters, Switzerland, joint signature of
two
Vice-Director Khalil A. Itani,
Origin: Lebanon, Residential address: Amman, Jordan, joint signature of two
Vice-Director Michael Rainer
Mögle, Origin: Germany, Residential address: 8640 Rapperswil-Jona/SG,
Switzerland, joint signature of two
Vice-Director Margareta Müller,
Origin: Wollerau, Switzerland, Residential address: 8832 Wollerau/SZ,
Switzerland, joint signature of two
Vice-Director Arnaud Rousseau,
Origin: France, Residential address: Lachen, Switzerland, joint signature of
two
Member
with signing authority Nadja Honegger,
Origin: Mels, Switzerland, Residential address: Aarau, Switzerland, joint
signature of two, Registered since: 16.07.2012
Member
with signing authority Oktar Özer,
Origin: Turkey, Residential address: Lachen, Switzerland, joint signature of
two
Member
with procuration Vildan
Bekirov, Origin: Ukraine, Residential address: Altendorf, Switzerland, joint
power of attorney of two
Member
with procuration Dragos Ioan
Diaconu, Origin: Romania, Residential address: Opfikon, Switzerland, joint
power of attorney of two
Member
with procuration Roger Eduard
Grab, Origin: Rothenthurm, Switzerland, Residential address: 6430 Schwyz/SZ,
Switzerland, joint power of attorney of two
Title Name
Auditor Deloitte
AG, Residential address: Zürich, Switzerland, Id: CH-020.3.908.370-9
Name: TRAMMO INC
City/Country: New York, United States of
America/US
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Type: direct, Group-Level
1
Name: TRAMMO INC
City/Country: New York, United States of
America/US
Interest: 100,00% voting right,
100,00% capital interest
It is believed that the company has no investments.
Control date Year No. Amount CHF Status
06.08.2013 2013 0
06.08.2013 2012 0
06.08.2013 2011 0
06.08.2013 2009 0
06.08.2013 2008 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 in order.
Payment
experiences: Payments are made with
arranged conditions.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.36 |
|
UK Pound |
1 |
Rs.101.11 |
|
Euro |
1 |
Rs.84.68 |
INFORMATION DETAILS
|
Report
Prepared by : |
MNL |
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.