|
Report Date : |
18.04.2014 |
IDENTIFICATION DETAILS
|
Name : |
METROHM AG |
|
|
|
|
Registered Office : |
Ionenstrasse, 9100 Herisau/AR |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Date of Incorporation : |
10.02.1943 |
|
|
|
|
Com. Reg. No.: |
300.3.012.064-1 / 118019 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
Manufacture of instruments and appliances for measuring,
testing and navigation |
|
|
|
|
No. of Employees : |
400 |
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 – September 30, 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 |
|
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 began to
recover in 2010. 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 below 2% per year during
2011-13. 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 |
METROHM AG
Operating
address:
Ionenstrasse
9100 Herisau/AR
Switzerland/CH
Telephone: 071
3538585
Fax: 071
3538901
Web
site: http://www.metrohm.com
E-mail: info@metrohm.com
VAT-No.: CHE105928996
Established: 1943
History: 1943: Established from Dr. Bertold Suhner +
Willie Struder
Line
of Business: Measurement and
control technology
Industry
Division: Manufacturing
Industry-code (NACE): 2651 Manufacture of instruments and appliances
for measuring, testing and navigation
Import/Export: Export
Export
sales: 90,0%
Quality
certification: ISO 9001:2008
Banks: UBS Ltd
CS Credit
Suisse
Deutsche
Bank AG
Coverage: Company
Figures: estimated
Employees: 400
Sales: CHF 100-200 Mio
The business activities includes the
development, production and sale of precision instruments for chemical
analysis. Their customers come from the chemical, petrochemical and
pharmaceutical industries, as well as from the automotive and food sectors. The
metal and electronics industries, water and environmental analysis and also
research and training are further fields in which they analytical instruments
provide highly accurate results.
Information on property ownership was not
available.
Company
No: 300.3.012.064-1 / 118019
Legal
form: Company limited by
shares
Registration: 10.02.1943
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Appenzell A. Rh.
History: Date of Statutes:
15.12.1967
Date of
Statutes: 26.06.1948
Date of
Statutes: 07.07.1983
Date of
Statutes: 20.06.1973
Date of
Statutes: 18.01.1956
Date of
Incorporation Statutes: 05.02.1943
Date of
Statutes: 01.04.1993
Entry Deleted Name
active Metrohm
AG
active Metrohm
Ltd (Name translated)
active Metrohm
SA (Name translated)
Entry Deleted Legal domicile
active Herisau,
Switzerland
Entry Deleted Address
29.06.2011 Ionenstrasse,
9100 Herisau/AR, Switzerland/CH
29.06.2011 Oberdorfstrasse 68, 9100 Herisau/AR,
Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 200,000, paidup CHF 200,000
Entry Deleted Capital Structure
active 2,000
Registered shares of CHF 100.--
Entry Deleted Activity (original Language)
active Entwicklung,
die Herstellung und der Vertrieb von elektronischen Messgeräten und Zubehör für
chemische und physikalische Anwendungen. Die Gesellschaft kann sich an anderen
Unternehmen beteiligen sowie auch Liegenschaften erwerben und veräussern.
Entry Deleted Remarks (original Language)
active Publishing
authority: SHAB.
09.11.1998 Merger:
Die Gesellschaft übernimmt auf dem Wege der Fusion die Zolliker AG, in Herisau.
Aktiven von CHF 5'190'029.25 und Passiven von CHF 4'990'029.25 gehen gemäss
Fusionsvertrag vom 26.10.1998 und Fusionsbilanz per 31.12.1997 durch
Universalsukzession an die Gesellschaft über, die bereits sämtliche Aktien der
übernommenen Gesellschaft besitzt. Dabei erlöschen diese Aktien, und das
Aktienkapital der übernehmenden Gesellschaft bleibt unverändert.
12.10.1995 Reports:
Die Bekanntmachungen an die Aktionäre erfolgen durch eingeschriebenen Brief an
die letzte im Aktienbuch eingetragene Adresse.
02.04.1993 Shares:
Die Uebertragbarkeit der Namenaktien ist nach Massgabe der Statuten beschränkt
Title Name
President Adrian
Déteindre, Origin: St. Gallen, Switzerland, Residential address: 9000 St.
Gallen/SG, Switzerland, joint signature of two
Vice-President Dr. Urban Slongo,
Origin: Herisau, Switzerland, Residential address: 9100 Herisau/AR,
Switzerland, joint signature of two, Registered since: 13.04.1992
Chief
Executive Dr.
Christoph Fässler, Origin: Appenzell, Switzerland, Residential address: 9030
Abtwil/SG, Switzerland, joint signature of two, Registered since: 01.06.1994
Company
Secretary Bruno
Winterhalter, Origin: St. Gallen, Switzerland, Residential address: 9402
Mörschwil/SG, Switzerland, joint signature of two
Director Dr.
Freidrich Santner, Origin: Austria, Residential address: Graz, Austria, without
signature, Registered since: 07.08.2008
Director Urs
Tischhauser-Linder, Origin: Wartau, Switzerland, Residential address: Bühler,
Switzerland, without signature, Registered since: 01.06.1994
Director Erich
Walser, Origin: Wald, Switzerland, Residential address: Rehetobel, Switzerland,
without signature, Registered since: 01.09.1999
Title Name
Director Jodok
Reinhardt, Origin: Solothurn, Switzerland, Residential address: St. Gallen,
Switzerland, joint signature of two, Registered since: 27.02.2013
Director Dieter
Strohm, Origin: Germany, Residential address: 9100 Herisau/AR, Switzerland,
joint signature of two, Registered since: 07.01.2003
Director Dr. Kai
Henning Viehweger, Origin: Zürich, Switzerland, Residential address: 9100
Herisau/AR, Switzerland, joint signature of two, Registered since: 07.01.2003
Director Bruno
Winterhalter, Origin: St. Gallen, Switzerland, Residential address: 9402
Mörschwil/SG, Switzerland, joint signature of two
Vice-Director Daniel Dörig,
Origin: Appenzell, Switzerland, Residential address: 9050 Appenzell/AI,
Switzerland, joint signature of two, Registered since: 29.05.2001
Vice-Director Stefan Harder,
Origin: Wädenswil, Switzerland, Residential address: 9200 Gossau/SG, Switzerland,
joint signature of two, Registered since: 22.12.2008
Vice-Director Patrick Hunziker,
Origin: Wynau, Switzerland, Residential address: Menzingen, Switzerland, joint
signature of two, Registered since: 01.11.2012
Vice-Director Herbert Müller,
Origin: Amriswil, Switzerland, Residential address: 9402 Mörschwil/SG,
Switzerland, joint signature of two, Registered since: 22.12.2008
Member
with procuration Andreas
Azzato, Origin: St. Gallen, Switzerland, Residential address: St. Gallen,
Switzerland, joint power of attorney of two, Registered since: 16.01.2012
Member
with procuration Thomas
Blaser, Origin: Langnau im Emmental, Switzerland, Residential address:
Wittenbach, Switzerland, joint power of attorney of two, Registered since:
16.01.2012
Member
with procuration Dr. Volker
Jörg Frost, Origin: Germany, Residential address: Winterthur, Switzerland,
joint power of attorney of two, Registered since: 30.05.2013
Member
with procuration Tim Eric
Laisé, Origin: Germany, Residential address: Tübach, Switzerland, joint power
of attorney of two, Registered since: 17.01.2014
Member
with procuration Uwe Loyall,
Origin: Germany, Residential address: 8400 Winterthur/ZH, Switzerland, joint
power of attorney of two, Registered since: 10.01.2007
Member
with procuration Dr. Thomas
Moritz, Origin: Germany, Residential address: Herisau, Switzerland, joint power
of attorney of two, Registered since: 27.02.2013
Member
with procuration Francisco
Nebril, Origin: Spain, Residential address: St. Gallen, Switzerland, joint
power of attorney of two, Registered since: 16.01.2012
Member
with procuration Markus
Steinke, Origin: Germany, Residential address: Uznach, Switzerland, joint power
of attorney of two, Registered since: 07.01.2003
Member
with procuration Reto Steurer,
Origin: St. Antönien, Switzerland, Residential address: St. Gallen/SG,
Switzerland, joint power of attorney of two, Registered since: 12.01.2001
Member
with procuration Diego
Studerus, Origin: Waldkirch, Switzerland, Residential address: 9323
Steinach/SG, Switzerland, joint power of attorney of two, Registered since:
04.01.2010
Title Name
Auditor von
Gunten, Häseli & Partner AG, Residential address: St. Gallen, Switzerland,
Id: CH-320.3.015.162-5
Title Name
Chief
Executive Officer Adrian
Déteindre
Chief
Financial Officer Bruno
Winterhalter
Chief
Information Officer Reto
Steurer
Name: Metrohm Stiftung
City/Country: Herisau/AR, Switzerland/CH
No.
of Owner/-s: 1
Owner: The company is domestic
owned.
Class: 100%
Type: direct, Group-Level 1
Name: Metrohm Stiftung
City/Country: Herisau/AR, Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest (since 1982)
Class: 100%
Name: Deutsche METROHM GmbH
City/Country: Filderstadt/Baden-Württemberg,
Germany/DE
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Name: Metrohm Applikon
City/Country: Schiedam, Netherlands/NL
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Name: Metrohm Autolab B.V.
City/Country: Utrecht, Netherlands/NL
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Name: Metrohm Česká
republika s.r.o.
City/Country: Praha, Czech/CZ
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Name: Metrohm Inula GmbH
City/Country: Wien, Austria/AT
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Name: Metrohm Schweiz AG
City/Country: Strengelbach/AG, Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Name: Metrohm UK Limited
City/Country: Runcorn/Cheshire, United
Kingdom/GB
Interest: 100,00% voting right,
100,00% capital interest (since 1994)
Class: 50-100%
Name: METROHM FRANCE
City/Country: Villebon sur Yvette, France/FR
Interest: 99,00% voting right,
99,00% capital interest
Class: 10-19%
Name: Huber+Suhner AG
City/Country: Herisau/AR, Switzerland/CH
Interest: 10,62% voting right,
10,62% capital interest
Class: unknown
Name: Metrohm Nordic AB
City/Country: Bromma, Sweden/SE
Control date Year No. Amount CHF Status
27.03.2012 2012 0
27.03.2012 2011 0
27.03.2012 2010 0
27.03.2012 2009 0
14.01.2010 2008 0
14.01.2010 2007 0
14.01.2010 2006 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
appears to be good.
Payment
experiences: Payments are made with
arranged conditions.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.38 |
|
|
1 |
Rs.101.63 |
|
Euro |
1 |
Rs.83.57 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.