MIRA INFORM REPORT

 

 

Report Date :

16.09.2013

 

IDENTIFICATION DETAILS

 

Name :

MASCHINENFABRIK REINHAUSEN GMBH

 

 

Registered Office :

Falkensteinstr. 8, D 93059 Regensburg

 

 

Country :

Germany

 

 

Date of Incorporation :

03.02.1988

 

 

Com. Reg. No.:

HRB 3687

 

 

Legal Form :

Private limited company

 

 

Line of Business :

Manufacture of electric motors, generators and transformators

 

 

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

Payment Behaviour :

No Complaints

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

 

 

 

COMPANY NAME & ADDRESS

 

MASCHINENFABRIK REINHAUSEN GMBH

 

 Company Status:         active

                                     Falkensteinstr. 8

                                    D 93059 Regensburg

                                    Telephone:0941/40900

                                    Telefax:  0941/4090111

                                    Homepage: www.reinhausen.com

                                     E-mail:   sales@reinhausen.com

 

 

VAT no.  

      

DE133705195

 

 

Registration data

 

 LEGAL FORM              Private limited company

 Date of foundation:       03.02.1988

 Shareholders'

 agreement:                    03.02.1988

 Registered on:             29.02.1988

 Commercial Register:   Local court 93049 Regensburg

 under:                          HRB 3687

 

 

Share capital 

                   

 EUR         20,000,000.00

 

 

 Shareholder

                      Scheubeck GmbH

                      Pommernstr. 20

                      D 93073 Neutraubling

                      Legal form: Private limited company

                      Share capital:     EUR            300,000.00

                      Share:             EUR         14,800,000.00

                      Registered on: 29.08.2001

                      Reg. data: 93049 Regensburg, HRB 8332

 Shareholder:

                      Siemens Aktiengesellschaft

                      Wittelsbacherplatz 2

                      D 80333 München

                      Legal form: Public limited company

                      Share capital:     EUR      2,643,000,000.00

                      Share:             EUR          5,200,000.00

                      Registered on: 28.08.1996

                      Reg. data: 80333 München, HRB 6684

 Manager:

                      Dr. Nicolas Maier-Scheubeck

                      Am Pfaffensteiner Hang 28

                      D 93059 Regensburg

                      born: 17.10.1961

                      born: Maier

                      Profession: Fully qualified merchant

                      Marital status: married

 Manager:

                      Michael Rohde

                      D 93059 Regensburg

                      born: 12.03.1958

 

 President of the Supervisory Board:

                      Klaus-Dieter Frick

                      Mülbergerstr. 111

                      D 73728 Esslingen

                      Profession: Businessman

 

 Vice-president of the Supervisory Board:

                      Dr. Folker Tannenberg

                      D 90425 Nürnberg

 

 Member of the Supervisory Board:

                      Ralf Knebel

                      Isarstr. 12

                      D 93057 Regensburg

 Proxy:

                      Konrad Dollinger

                      Flurweg 7a

                      D 93333 Neustadt

                      born: 13.05.1962

                      Profession: Fully qualified merchant

 Proxy:

                      Dr. Dieter Dohnal

                      D 93138 Lappersdorf

                      born: 31.10.1951

                      Profession: Engineer

 Proxy:

                      Konrad Osswald

                      D 34537 Bad Wildungen

                      authorized to jointly represent the company

                      born: 08.01.1963

 Proxy:

                      Gerold Hasel

                      D 93047 Regensburg

                      born: 12.04.1963

 Proxy:

                      Gerald Güntner

                      D 93138 Lappersdorf

                      born: 26.05.1960

 

 Further functions/participations of Dr. Nicolas Maier-Scheubeck

 (Manager)

 Shareholder:

                      BM Beteiligungs & Management GmbH

                      Schillerstr. 43

                      D 93049 Regensburg

                      Legal form: Private limited company

                      Share capital:     EUR             25,564.59

                      Share:             EUR             13,037.94

                      Registered

                      on:         02.11.1995

                      Reg. data:  93049 Regensburg, HRB 6148

 President of the Supervisory Board:

                      emz-Hanauer GmbH & Co. KGaA

                      Siemensstr. 1

                      D 92507 Nabburg

                      Legal form: Partnership limited by shares

                      Share capital:     EUR             50,000.00

                      Registered

                      on:         09.12.1996

                      Reg. data:  92224 Amberg, HRB 2242

 

 

 BUSINESS ACTIVITIES

 

 Main industrial sector

 27110   Manufacture of electric motors, generators and

 transformators

 

 

BRANCHES AND FACTORIES

 

 Works:

                      Maschinenfabrik Reinhausen GmbH

                      Weidener Str. 20

                      D 93057 Regensburg

 Branch:

                      Maschinenfabrik Reinhausen GmbH

                      Alte Chaussee 73

                      D 99097 Erfurt

                      TEL.: 0361/301030

 Branch:

                      Maschinenfabrik Reinhausen GmbH

                      Sickingenstr. 74

                      D 10553 Berlin

                      TEL.: 030-33091511

 

 

 PARTICIPATIONS

 

 Shareholder:

                      Reinhausen Power Composites GmbH

                      Eschenbacher Str. 4

                      D 93057 Regensburg

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          1,100,000.00

                      Share:                EUR          1,100,000.00

                      Reg. data:  27.05.2009

                                  Local court 93049 Regensburg

                                  HRB 11480

 Shareholder:

                      Reinhausen Plasma GmbH

                      Weidener Str. 16

                      D 93057 Regensburg

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            500,000.00

                      Share:               EUR            500,000.00

                      Reg. data:  18.07.2002

                                  Local court 93049 Regensburg

                                  HRB 8656

 Shareholder:

                      MESSKO GmbH

                      An den Drei Hasen

                      D 61440 Oberursel

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            500,000.00

                      Share:               EUR            500,000.00

                      Reg. data:  21.07.2004

                                  Local court 61352 Bad Homburg

                                  HRB 1164

 Shareholder:

                      HIGHVOLT Prüftechnik Dresden GmbH

                      Marie-Curie-Str. 10

                      D 01139 Dresden

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            150,000.00

                      Share:               EUR            150,000.00

                      Reg. data:  05.01.1996

                                  Local court 01069 Dresden

                                  HRB 12564

 Shareholder:

                      JE PlasmaConsult GmbH

                      Weidener Str. 20

                      D 93057 Regensburg

                      Legal form: Private limited company

                      Company Status: in liquidation

                      since:          01.07.2011

                      Share capital:     EUR             30,000.00

                      Share:               EUR             30,000.00

                      Reg. data:  15.07.2010

                                  Local court 93049 Regensburg

                                  HRB 12093

 

 

 FINANCIAL INFORMATION

 

 Payment experience:  in top condition

 

 Negative information: We have no negative information at hand.

 

 

 REAL ESTATE

 

 Type of ownership:       Tenant

 Address                       Sickingenstr. 74

                                    D 10553 Berlin

 

 Type of ownership:       Tenant

 Address                       Falkensteinstr. 8

                                    D 93059 Regensburg

 

 Type of ownership:       Tenant

 Address                       Weidener Str. 20

                                    D 93057 Regensburg

 

 Land register documents were not available.

 

 

 BANKERS

 

 Principal bank

 DEUTSCHE BANK, REGENSBURG

 Sort. code: 75070013, Account no.: 3306925, BIC: DEUTDEMM750

 

 Further banks

 SPARKASSE REGENSBURG, REGENSBURG

 Sort. code: 75050000, Account no.: 10701608, BIC: BYLADEM1RBG

 COMMERZBANK VORMALS DRESDNER BANK, REGENSBURG

 Sort. code: 75080003, Account no.: 1915447, BIC: DRESDEFF750

 HSBC TRINKAUS & BURKHARDT, DÜSSELDORF

 Sort. code: 30030880, Account no.: 700031004, BIC: TUBDDEDDXXX

 

 

 FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.

 Share capital:                          EUR         20,000,000.00

 The number of employees is not known.

 

 The company Maschinenfabrik Reinhausen GmbH is included in the annual

 financial statement of the company Scheubeck Holding Verwaltungs-

 GmbH, 93073 Neutraubling, HRB 5821, Local Court Regensburg.

 

 Data from the consolidated accounts of the group (01.01.2001-31.12.2011).

 

 Receivables:                            65.049,96               

 Liabilities:                                3.682,10               

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.78

UK Pound

1

Rs.100.70

Euro

1

Rs.84.66

 

INFORMATION DETAILS

 

Report Prepared by :

NLM

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.