MIRA INFORM REPORT

 

 

Report Date :

22.09.2013

 

IDENTIFICATION DETAILS

 

Name :

OMYA INTERNATIONAL AG

 

 

Registered Office :

Baslerstrasse 42,  Oftringen, 4665

 

 

Country :

Switzerland

 

 

Date of Incorporation :

16.12.2003

 

 

Com. Reg. No.:

CH40030249442

 

 

Legal Form :

Limited company

 

 

Line of Business :

Wholesale of chemical products.

 

 

No. of Employees :

99

 

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)

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 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


Company name

 

Omya International AG

 

 

Company Summary

 

Company Name            Omya International AG   Company Registration Number    CH40030249442

Country            CH        Number

Activity Code    467500 Activity Description      Wholesale of chemical products

Latest Turnover

Credit Limit      20,000.00 (CHF)            Latest Shareholders  Equity

 

 

Company Identification

 

Activities

Activity Code                            467500

Activity Description                  Wholesale of chemical products

 

 

Basic Information

 

Company Name                                                Omya International AG  

Registered Company Name                              Omya International AG

Company Registration Number                       CH40030249442           

Country                                                            CH

Date of Company Registration                                                                                 16/12/2003

Date of Starting Operations                             16/12/2003

Legal Form                                                       Limited company

Type of Ownership       Company Status          Active

Principal Activity Code                                    467500

Principal Activity Description                          Wholesale of chemical products

Contact Address                                              Baslerstrasse 42,   Oftringen,    4665    

Contact Telephone Number                             0627892929

 

Main Address

 

Address          Baslerstrasse 42,   Oftringen,    4665

Country            CH

Telephone        0627892929

 


 

Current Directors Managers

 

Name                Bernd    Balzereit

Address          Sempach,   6204

Position           authorized signatory

 

Name                   Ekhard   Beuleke

Address          Sempach,   6204

Position           authorized signatory

 

Name                Peter   Bigler

Address          Aeschi SO,   4556

Position           authorized signatory

 

Name                Michael   Both

Address          Oetwil an der Limmat,   8955

Position           authorized signatory

 

Name                Eva M.   Catillo-nEisterer

Address          Fürstenrainstrasse  31,   Oberwil BL,   4104

Position           authorized signatory

 

Name                Dr.   Patrick   Gane

Address          Rothrist,   4852

Position           authorized signatory

 

Name                Dr.   Peter   Hess

Address          Fürigen,   6363

Position           authorized signatory

 

Name                Kurt   Hirsiger

Address          Schulweg 21,   Rothrist,    4852

Position           authorized signatory

 

Name                Ulf Erik Mikael   Kratz

Address          Hünenberg,   6331

Position           authorized signatory

 

Name                Dr.   Robert Werner   Lang

Address          Endingen,   5304

Position           authorized signatory

 

Name                Holger   Lanz

Address          Zurich,    8000

Position           authorized signatory

 

Name                Andreas    Lüthi

Address          Oensingen,    4702

Position           authorized signatory

 

Name                Daniel   Reuss

Address          Köln

Position           authorized signatory

 

Name                Patrick   Riner

Address          Untersiggenthal,   5417

Position           authorized signatory

 

Name                Peter   Ringgenberg

Address          Nebikon,   6244

Position           authorized signatory

 

Name                Dr.   Bernhard    Studer

Address          Bündtenstrasse 820,   Egerkingen,    4622

Position           authorized signatory

 

Name                Martin   Studer

Address          Safenwil,    5745

Position           authorized signatory

 

Name                Candide   Villiger

Address          Schöftland,    5040

Position           authorized signatory

 

Name                Karin    Wyss

Address          Hägendorf,    4614

Position           authorized signatory

 

Name                Martin   Zimmerli

Address          Dulliken,   4657

Position           authorized signatory

 

Name                Rainer   Siedler

Address          Luzern,    6000

Position           president of the board of directors

 

Name                Eric   Schachenmann

Address          Zug,    6300

Position           vice-president

 

Name                Max André    Schachenmann

Address          Singapur (SG)

Position           vice-president

 

Name                Dr.   Thoralf   Gliese

Address          Schenkon,    6214

Position           member

 

Name                Sven   Wildner

Address          Waltenschwil,    5622

Position           member

 

Share Capital Structure  0.25 (CHF)

Nominal Share Capi1al

 

Number of Employees 50-99

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.24

UK Pound

1

Rs.99.90

Euro

1

Rs.84.23

 

 

INFORMATION DETAILS

 

Report Prepared by :

NIS

 

 

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.