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Report Date : |
02.10.2013 |
IDENTIFICATION DETAILS
|
Name : |
THYSSENKRUPP RESOURCE TECHNOLOGIES GMBH |
|
|
|
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Registered Office : |
ThyssenKrupp
Allee 1, D 45143 Essen |
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|
|
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Country : |
Germany |
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Date of Incorporation : |
1920 |
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Com. Reg. No.: |
HRB 22814 |
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Legal Form : |
Private Limited Company |
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|
|
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Line of Business : |
Manufacture of other general-purpose
machinery n.e.c. |
|
|
|
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No. of Employees : |
Not Available |
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 |
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|
|
|
Payment Behaviour : |
Regular |
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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
ThyssenKrupp Resource Technologies GmbH
Active
ThyssenKrupp Allee
1
D 45143 Essen
Telephone: 02525/990
Telefax: 02525/992100
Homepage: www.thyssenkrupp-resource-technologies.de
E-mail: resource-technologies@thyssenkrupp.com
Graf-Galen-Str. 17
D 59269 Beckum
DE811152653
LEGAL FORM Private
limited company
Date of foundation: 1859
Registered on: 13.12.1968
Commercial Register: Local court 48149 Münster
under: HRB
7717
EUR
10,737,000.00
ThyssenKrupp Technologies
Beteiligungen GmbH
ThyssenKrupp Allee 1
D 45143 Essen
Legal form: Private
limited company
Share capital: EUR 130,002,000.00
Share: EUR 10,189,413.00
Registered on: 29.10.2009
Reg. data: 45130 Essen, HRB 21754
Shareholder:
ThyssenKrupp AG
ThyssenKrupp Allee 1
D 45143 Essen
Legal form: Public limited company
Share capital: EUR 1,317,091,952.00
Share: EUR 547,587.00
Registered on: 10.05.2001
Reg. data: 45130 Essen, HRB 15364
Manager:
Lothar Jungemann
Josef-Winckler-Str. 18
D 48231 Warendorf
born: 26.05.1964
Profession: graduate
engineer
Manager:
Martin Hilbig
D 41747 Viersen
born: 27.02.1956
Profession: Fully
qualified Economist
Manager:
Ramsis Shehata
CDN - Calgary
born: 06.05.1951
Nationality: Canadian
Manager:
Heike Franke
D 40210 Düsseldorf
born: 13.08.1963
Profession: Businessman
Manager:
Christof Brewka
USA Colorado
born: 18.07.1961
Nationality: USA
Further functions/participations of Martin Hilbig (Manager)
Member of the Board of Directors:
ThyssenKrupp Industrial
Solutions AG
Große Elbstr. 61-63
D 22767 Hamburg
Post Box:
10 07 20, D 20005 Hamburg
Legal form: Public limited company
Share capital: EUR 34,086,800.00
Registered
on: 13.06.2005
Reg. data: 20355
Hamburg, HRB 93950
Proxy:
ThyssenKrupp AG
ThyssenKrupp Allee 1
D 45143 Essen
Legal form: Public limited company
Share capital: EUR 1,317,091,952.00
Registered
on: 10.05.2001
Reg. data: 45130
Essen, HRB 15364
Proxy:
ThyssenKrupp Krause GmbH
Richard-Taylor-Str. 89
D 28777 Bremen
Legal form: Private limited company dissolved
Share capital: EUR 5,112,918.81
Registered on: 26.05.1970
Reg. data: 28195
Bremen, HRB 4457 HB
Further functions/participations of Heike Franke (Manager)
Member of the Supervisory Board:
Vecoplan FuelTrack GmbH
Vor der Bitz 10
D 56470 Bad Marienberg
Legal form: Private limited company
Share capital: EUR 50,000.00
Registered on: 21.04.2011
Reg. data: 56410
Montabaur, HRB 22577
1969 - 22.06.2011 POLYSIUS Aktiengesellschaft
Graf-Galen-Str. 17
D 59269 Beckum
Public limited company
26.06.2011 - 10.04.2013 ThyssenKrupp Polysius Aktiengesellschaft
Graf-Galen-Str. 17
D 59269 Beckum
Public limited company
10.04.2013 - 08.05.2013 ThyssenKrupp Resource Technologies AG
ThyssenKrupp Allee 1
D 45143 Essen
Public limited company
Main industrial sector
2829
Manufacture of other general-purpose machinery n.e.c.
46692
Wholesale of other machinery
6420
Activities of holding companies
71122
Engineering activities in the field of technical sectoral planning
andengineering design
Branch:
ThyssenKrupp Resource
Technologies GmbH
Graf-Galen-Str. 17
D 59269 Beckum
Branch:
ThyssenKrupp Resource
Technologies GmbH
Schleebergstr. 12
D 59320 Ennigerloh
Branch:
ThyssenKrupp Resource
Technologies GmbH
Ernst-Heckel-Str. 1
D 66386 St. Ingbert
Shareholder:
Polysius - Hilfe
GmbH
Graf-Galen-Str. 17
D 59269 Beckum
Legal form: Private limited company
Company Status: active
Share capital: EUR 25,564.59
Share: EUR 25,564.59
Reg. data: 01.03.1953
Local court 48149 Münster
HRB 7708
Shareholder:
Vecoplan FuelTrack GmbH
Vor der Bitz 10
D 56470 Bad Marienberg
Legal form: Private limited company
Company Status: active
Share capital: EUR 50,000.00
Share: EUR 25,500.00
Reg. data: 21.04.2011
Local court 56410 Montabaur
HRB 22577
Payment experience: taking full advantage of periods as agreed
upon
Negative information:We have no negative
information at hand.
Type of ownership: Tenant
Address ThyssenKrupp Allee 1
D 45143 Essen
Land register documents were not available.
Principal bank
DEUTSCHE BANK, BECKUM, WESTF
Sort. code: 48070045, BIC: DEUTDE3B413
Further banks
COMMERZBANK, DORTMUND
Sort. code: 44040037, BIC: COBADEFF440
DEUTSCHE BANK, HAMM, WESTF
Sort. code: 41070049, BIC: DEUTDEDE410
COMMERZBANK VORMALS DRESDNER BANK, BECKUM,
WESTF
Sort. code: 41280043, BIC: DRESDEFF413
Financial year: 01.10.
- 30.09.
Share capital: EUR 10,737,000.00
The number of employees is not known.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.36 |
|
|
1 |
Rs.101.20 |
|
Euro |
1 |
Rs.84.54 |
INFORMATION DETAILS
|
Report
Prepared by : |
NIT |
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.