MIRA INFORM REPORT

 

 

Report Date :

25.09.2013

 

IDENTIFICATION DETAILS

 

Name :

THYSSENKRUPP RESOURCE TECHNOLOGIES GMBH

 

 

Registered Office :

ThyssenKrupp Allee 1  D 45143 Essen

 

 

Country :

Germany

 

 

Date of Incorporation :

1859

 

 

Com. Reg. No.:

HRB 7717

 

 

Legal Form :

Private limited company

 

 

Line of Business :

Manufacture of other general-purpose machinery n.e.c.

 

 

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 and address

 

THYSSENKRUPP RESOURCE TECHNOLOGIES GMBH

Graf-Galen-Str. 17, D 59269 Beckum

 

The subject of your inquiry is a branch. We are reporting on the headquarters.

 

THYSSENKRUPP RESOURCE TECHNOLOGIES GMBH

 

Company Status:           active

 

Main address:                 ThyssenKrupp Allee 1

                                     D 45143 Essen

Telephone:                    02525/990

Telefax:                         02525/992100

Homepage:                    www.thyssenkrupp-resource-technologies.de

E-mail:                          resource-technologies@thyssenkrupp.com

 

Legal office:                   Graf-Galen-Str. 17

                                    D 59269 Beckum

 

VAT no.:                       DE811152653

 

 

LEGAL FORM               Private limited company

Date of foundation:         1859

Registered on:               13.12.1968

Commercial Register:     Local court 48149 Münster

under:                                       HRB 7717

 

Share capital:                 EUR         10,737,000.00

 

Shareholder:

                     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

 

 

COMPANY HISTORY

 

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

 

 

BUSINESS ACTIVITIES

 

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

 

 

BRANCHES AND FACTORIES

 

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

 

 

PARTICIPATIONS

 

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

 

 

FINANCIAL INFORMATION

 

Payment experience:  taking full advantage of periods as agreed upon

 

Negative information:      We have no negative information at hand.

 

 

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        ThyssenKrupp Allee 1

                                    D 45143 Essen

 

Land register documents were not available.

 

 

BANKERS

 

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 FIGURES

 

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.62.66

UK Pound

1

Rs.100.46

Euro

1

Rs.84.59

 

 

INFORMATION DETAILS

 

Report Prepared by :

SDA

 

 

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.