Report Date :

12.08.2014

 

IDENTIFICATION DETAILS

 

Name :

MASCHINENFABRIK RIETER AG

 

 

Registered Office :

Klosterstrasse 20, Postfach, 8406 Winterthur/ZH

 

 

Country :

Switzerland

 

 

Financials (as on) :

31.12.2012

 

 

Date of Incorporation :

1795

 

 

Com. Reg. No.:

020.3.916.776-1 / 153459

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

Manufacture of machinery for textile, apparel and leather production

 

 

No. of Employees :

1,300

 

 

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 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 & address

 

MASCHINENFABRIK RIETER AG

 

Operating address:

Klosterstrasse 20

Postfach

8406 Winterthur/ZH

Switzerland/CH

 

Telephone:                    052 2087171

Fax:                             052 2087100

 

Web site:                      http://www.rieter.com

E-mail:                         info@rieter.com

 

WIN Worldbox No.:        CH0000045427

VAT-No.:                      CHE105788761

 

 

Profile

 

Established:                  1795

History:                        1795:      Established as J.J. Rieter Baumwoll- und Kolonialwarenhandel

Line of Business:           Machinery

Industry Division:           Manufacturing

Industry-code (NACE):   2894       Manufacture of machinery for textile, apparel and leather production

Import/Export:               Export

Banks:                         UBS Ltd

                                    CS Credit Suisse

 

 

Operational Figures

 

Coverage:                     Company

Figures:                        approximately

Employees:                  1,300

Sales:                          CHF 280,000,000.--

 

 

Activity

 

Rieter is a leading supplier on the world market for textile machinery and components used in short staple fiber spinning. The company develops and manufactures systems, machinery and technology components used to convert natural and manmade fibers and their blends into yarns. Rieter is the only supplier worldwide to cover spinning preparation processes as well as all four final spinning processes currently established on the market. The company has 18 manufacturing locations in 9 countries.

 

 

Real Estate

 

Real Estate:                  The company owns extensive property.

 

 

Company Register

 

Company No:                020.3.916.776-1 / 153459

Legal form:                    Company limited by shares

Registration:                 01.07.1952

Legal status:                 active

Responsible Register:    Handelsregister des Kantons Zürich (since 07.05.1985)

History:                        Date of Statutes: 31.03.2009

                                    Date of Statutes: 30.10.2008

                                    Date of Statutes: 10.03.2004

                                    Date of Statutes: 21.08.1995

                                    Date of Statutes: 29.04.1985

 

Entry          Deleted      Name

active                           Maschinenfabrik Rieter AG

active                           Rieter Machine Works Ltd (Name translated)

active                           Ateliers de Construction Rieter SA (Name translated)

active                           Fabbrica di Macchine Rieter SA (Name translated)

active                           Fàbrica de Máquinas Rieter SA (Name translated)

 

Entry          Deleted      Legal domicile

active                           Winterthur, Switzerland

 

Entry          Deleted      Address

active                           Klosterstrasse 20, 8406 Winterthur/ZH, Switzerland/CH

 

Entry          Deleted      Capital

09.07.2004                    Share Capital CHF 8,500,000, paidup CHF 8,500,000

 

Entry          Deleted      Capital Structure

09.07.2004                    85,000 Registered shares of CHF 100.--

 

Entry          Deleted      Activity (original Language)

20.04.2009                    Die Gesellschaft bezweckt den Betrieb einer Maschinenfabrik und Handelsunternehmung in Winterthur und an anderen Orten, den Erwerb von und Handel mit Patenten, Muster- und Modellrechten, Marken und anderen immateriellen Gütern, die Erstellung von Studien über Beratung bei der Erstellung und dem Betrieb von Anlagen und Vorgängen auf technischem Gebiet. Die Gesellschaft kann sich an anderen Industrie- und Handelsunternehmen beteiligen sowie im In- und Ausland Zweigniederlassungen errichten und Tochtergesellschaften gründen. Die Gesellschaft kann Verwaltungsdienstleistungen für Dritte übernehmen. Die Gesellschaft kann alle kommerziellen, finanziellen und anderen Tätigkeiten ausüben, welche mit dem Zweck der Gesellschaft im Zusammenhang stehen. Sie kann überdies anderen Gruppengesellschaften des Rieter-Konzerns Darlehen oder andere Finanzierungen gewähren und für Verbindlichkeiten von solchen Gruppengesellschaften Sicherheiten aller Art stellen, einschliesslich mittels Pfandrechten an oder fiduziarischen Übereignungen von Aktiven der Gesellschaft oder Garantien jedwelcher Art. Die Gesellschaft kann Grundstücke im In- und Ausland erwerben, verwalten und veräussern.

                  20.04.2009  Betrieb einer Maschinenfabrik und Handelsunternehmung in Winterthur und an anderen Orten, Erwerb von und Handel mit Patenten, Muster- und Modellrechten, Marken und anderen immateriellen Gütern, Erstellung von Studien über Beratung bei der Erstellung und dem Betrieb von Anlagen und Vorgängen auf technischem Gebiet; kann sich an anderen Industrie- und Handelsunternehmen beteiligen, Verwaltungsdienstleistungen für Dritte übernehmen sowie Grundstücke erwerben, verwalten und veräussern.

 

Entry          Deleted      Remarks (original Language)

active                           Publishing authority: SHAB.

active                           Merger: Uebernahm auf dem Wege der Fusion die Bertschinger Maschinenhandel AG, in Wallisellen. Aktiven und Passiven der Bertschinger Maschinenhandel AG sind gemäss Fusionsvertrag vom 5.1.1987 und Fusionsbilanz per 31.12.1986 im Sinne von Art. 748 OR an die Maschinenfabrik Rieter AG übergegangen; näheres siehe Tagebuch 11056/1987. 

09.07.2004                    Shares: Bei der Kapitalherabsetzung vom 10.3.2004 wird der Nennwert der 85'000 Namenaktien zu CHF 1'000.-- auf CHF 100.-- herabgesetzt und je CHF 900.-- pro Aktie zurückbezahlt; die Beachtung der gesetzlichen Vorschriften von Art. 734 OR wird mit öffentlicher Urkunde vom 25.5.2004 festgestellt.

29.08.1995                    Shares: Die Übertragbarkeit der Namenaktien ist nach Massgabe der Statuten beschränkt.

29.08.1995                    Reports: Alle Mitteilungen der Gesellschaft an die Aktionäre erfolgen durch Brief, Fernschreiben, Telefax oder durch Telegramm an die im Aktienbuch verzeichneten Adressen.

 

 

Official Administration

 

Title                                           Name

President                                    Peter Gnägi, Origin: Schwadernau, Switzerland, Residential address: Stäfa, Switzerland, born: 02.07.1954, joint signature of two

Director                                       Thomas Anwander, Origin: Winterthur, Switzerland, Residential address: 8400 Winterthur/ZH, Switzerland, born: 19.02.1960, joint signature of two

Director                                       Joris Gröflin-Liebherr, Origin: Basel, Switzerland, Residential address: 8000 Zürich/ZH, Switzerland, joint signature of two, Registered since: 28.06.2011

 

 

Management

 

Title                                           Name

Member with signing authority       Markus Bischof, Origin: Eggersriet, Switzerland, Residential address: Kaltbrunn, Switzerland, joint signature of two, Registered since: 02.02.2012

Member with signing authority       Troy Michael Cooley, Origin: Germany, Residential address: Aristau, Switzerland, joint signature of two, Registered since: 26.06.2012

Member with signing authority       Martin Deflorin, Origin: Disentis/Mustér, Switzerland, Residential address: Stäfa/ZH, Switzerland, joint signature of two, Registered since: 02.02.2012

Member with signing authority       Alper Düzel, Origin: Winterthur, Switzerland, Residential address: Winterthur, Switzerland, joint signature of two, Registered since: 24.08.2012

Member with signing authority       David H. Gehring, Origin: Buchberg, Switzerland, Residential address: Winterthur, Switzerland, joint signature of two, Registered since: 29.07.2013

Member with signing authority       Niklaus Heimberg, Origin: Oberwil im Simmental, Switzerland, Residential address: Bannwil, Switzerland, joint signature of two, Registered since: 15.11.2011

Member with signing authority       Franz Hug, Origin: Germany, Residential address: Gottmadingen , Germany, joint signature of two, Registered since: 16.11.2012

Member with signing authority       Stephan Jost, Origin: Fahrni, Switzerland, Residential address: Rapperswil-Jona/SG, Switzerland, joint signature of two, Registered since: 02.02.2012

Member with signing authority       René Meier, Origin: Baldingen, Switzerland, Residential address: Wiesendangen, Switzerland, joint signature of two, Registered since: 02.02.2012

Member with signing authority       Walter Merri, Origin: Arbon, Switzerland, Residential address: Gossau/SG, Switzerland, joint signature of two, Registered since: 05.11.2013

Member with signing authority       Lars Olböter, Origin: Germany, Residential address: Sankt Augustin , Germany, joint signature of two, Registered since: 15.11.2011

Member with signing authority       Andreas Parpan, Origin: Vaz/Obervaz, Switzerland, Residential address: Jenins, Switzerland, joint signature of two, Registered since: 20.03.2012

Member with signing authority       Fabio Patera, Origin: Zürich, Switzerland, Residential address: Rümlang/ZH, Switzerland, joint signature of two, Registered since: 05.06.2012

Member with signing authority       Patrick Senn, Origin: Wald BE, Switzerland, Residential address: Schalunen, Switzerland, joint signature of two, Registered since: 24.08.2012

Member with signing authority       Thomas Speck, Origin: Appenzell, Switzerland, Residential address: Lachen, Switzerland, joint signature of two, Registered since: 23.07.2012

Member with signing authority       Alexander Stampfer, Origin: Germany, Residential address: Ingoldstadt, Germany, joint signature of two, Registered since: 11.10.2012

Member with signing authority       Thomas Stäubli, Origin: Magden, Switzerland, Residential address: Magden, Switzerland, joint signature of two, Registered since: 19.08.2011

Member with signing authority       Werner Strasser, Origin: Nussbaumen, Winterthur, Switzerland, Residential address: Steckborn, Switzerland, joint signature of two

Member with signing authority       Reto Thom, Origin: Susch, Switzerland, Residential address: Seuzach, Switzerland, born: 04.01.1959, joint signature of two

Member with signing authority       Andrea Zweifel, Origin: Glarus Süd, Switzerland, Residential address: Dübendorf/ZH, Switzerland, joint signature of two, Registered since: 20.03.2012

Member with procuration              Nicole Balhuber, Origin: Zürich, Switzerland, Residential address: 8000 Zürich/ZH, Switzerland, joint power of attorney of two, Registered since: 14.02.2011

Member with procuration              Marco Beutler, Origin: Altstätten, Switzerland, Residential address: Kilchberg /ZH, Switzerland, joint power of attorney of two, Registered since: 11.09.2009

Member with procuration              Antonina Di Mario, Origin: Winterthur, Switzerland, Residential address: 8400 Winterthur/ZH, Switzerland, joint power of attorney of two, Registered since: 11.09.2009

Member with procuration              Juan Gonzalez, Origin: Spain, Residential address: Dägerlen, Switzerland, joint power of attorney of two, Registered since: 30.11.2010

Member with procuration              Andreas Haase, Origin: Thalwil, Switzerland, Residential address: Thalwil, Switzerland, joint power of attorney of two, Registered since: 17.12.2013

Member with procuration              Rudolf Härdi, Origin: Schlossrued, Switzerland, Residential address: 5616 Meisterschwanden/AG, Switzerland, joint power of attorney of two, Registered since: 02.12.2009

Member with procuration              Nanette Susanne Haubensak, Origin: Germany, Residential address: 8001 Zürich/ZH, Switzerland, joint power of attorney of two, Registered since: 14.07.2010

Member with procuration              Marc Heim, Origin: Thun, Switzerland, Residential address: Nürensdorf, Switzerland, joint power of attorney of two, Registered since: 30.11.2010

Member with procuration              Björn Gunnar Johansson, Origin: Sweden, Residential address: 8400 Winterthur/ZH, Switzerland, joint power of attorney of two, Registered since: 30.11.2010

Member with procuration              Carsten Liske, Origin: Germany, Residential address: Freienbach , Switzerland, joint power of attorney of two, Registered since: 22.10.2009

Member with procuration              Kurt Lüttinger, Origin: Winterthur, Switzerland, Residential address: 8400 Winterthur/ZH, Switzerland, joint power of attorney of two, Registered since: 24.03.2010

Member with procuration              Peter Müller, Origin: Rohrbach, Switzerland, Residential address: 8400 Winterthur/ZH, Switzerland, joint power of attorney of two

Member with procuration              Felix Scherrer, Origin: Zürich, Switzerland, Residential address: Zumikon, Switzerland, joint power of attorney of two, Registered since: 29.08.2011

Member with procuration              Heinz Schmid, Origin: Waltalingen, Switzerland, Residential address: Wil/SG, Switzerland, joint power of attorney of two, Registered since: 29.01.2009

Member with procuration              Peter Schulz, Origin: Germany, Residential address: Maxhütte-Haidhof, Germany, joint power of attorney of two, Registered since: 02.12.2009

Member with procuration              Reto Starkenmann, Origin: Winterthur, Switzerland, Residential address: 8478 Thalheim an der Thur/ZH, Switzerland, joint power of attorney of two, Registered since: 14.02.2011

Member with procuration              Gerlad Steiner, Origin: Sursee, Switzerland, Residential address: 8302 Kloten/ZH, Switzerland, joint power of attorney of two, Registered since: 24.03.2010

Member with procuration              Matthias Stüssi, Origin: Niederurnen, Switzerland, Residential address: 8451 Kleinandelfingen/ZH, Switzerland, joint power of attorney of two, Registered since: 02.02.2010

Member with procuration              Arne Thielemann, Origin: Germany, Residential address: Lengwil, Switzerland, joint power of attorney of two

Member with procuration              Urs Tschanz, Origin: Wichtrach, Switzerland, Residential address: 8239 Dörflingen/SH, Switzerland, joint power of attorney of two, Registered since: 28.06.2011

Member with procuration              Christoph Wäger, Origin: Adliswil, Switzerland, Residential address: 9100 Herisau/AR, Switzerland, joint power of attorney of two, Registered since: 28.06.2011

Member with procuration              Edda Walraf, Origin: Oberhelfenschwil, Switzerland, Residential address: Pfäffikon/ZH, Switzerland, joint power of attorney of two

Member with procuration              Andreas Zanini, Origin: Sarmenstorf, Switzerland, Residential address: Embrach, Switzerland, joint power of attorney of two

Member with procuration              Rolf Zimmermann, Origin: Elsau, Switzerland, Residential address: Schwerzenbach, Switzerland, joint power of attorney of two, Registered since: 29.01.2009

 

 

External Positions

 

Title                                           Name

Auditor                                        PricewaterhouseCoopers AG, Residential address: Zürich, Switzerland, Id: CH-020.3.020.876-5

 

 

Executive board

 

Title                                           Name

Chief Executive Officer                 Peter Gnägi

Chief Financial Officer                  Peter Müller

Chief Marketing Officer                 Edda Walraf

 

 

Financial Data Rieter Group

 

Consolidation:               consolidated

Industry:                       Trade/Industry

 

Fiscal year end:                                     31.12.2012        31.12.2011        31.12.2010        31.12.2009        31.12.2008

Number of months:                                       12                    12                    12                    12                    12

Currency:                                                 th. CHF             th. CHF            th. CHF             th. CHF            th. CHF

Statement norm:                                          IAS                   IAS                  IAS                   IAS                  IAS

 

Balance Sheet

Intangible fixed assets                                 20,100.0             9,500.0           15,200.0           23,000.0           30,200.0

Land and buildings                                     133,200.0          118,600.0         232,400.0          264,100.0         290,500.0

Other tangible fixed assets                         125,100.0          109,000.0         373,700.0          431,900.0         495,800.0

Tangible fixed assets                                 258,300.0          227,600.0         606,100.0          696,000.0         786,300.0

Financial fixed assets                                    2,700.0           78,400.0         175,600.0          164,000.0         107,900.0

other fixed assets                                        75,200.0             6,500.0             5,300.0             3,500.0             4,900.0

Fixed assets                                             356,300.0          322,000.0         802,200.0          886,500.0         929,300.0

Stocks                                                      229,300.0          234,800.0         328,400.0          266,000.0         361,300.0

Trade accounts receivable                            91,100.0           84,100.0         381,500.0          331,500.0         382,100.0

Liquid assets                                             342,600.0          408,300.0         351,900.0          217,700.0         282,600.0

Securities                                                     9,300.0             7,300.0             7,100.0           13,000.0             7,700.0

other trade accounts                                    36,900.0           49,200.0           86,200.0           92,400.0         125,900.0

Accruals                                                       4,600.0             5,700.0           11,800.0             7,000.0                   0.0

Other current assets                                  393,400.0          470,500.0         457,000.0          330,100.0         416,200.0

Current assets                                           713,800.0          789,400.0       1,166,900.0          927,600.0       1,159,600.0

Total assets                                           1,070,100.0       1,111,400.0       1,969,100.0       1,814,100.0       2,088,900.0

 

Capital                                                        23,400.0           23,400.0           23,400.0           23,400.0           21,400.0

Other shareholders funds                            348,400.0          355,900.0         533,500.0          563,800.0         668,500.0

Total shareholders equity                            371,800.0          379,300.0         556,900.0          587,200.0         689,900.0

Minority interests                                          5,000.0             8,400.0           70,700.0           68,600.0           56,300.0

long term debt (financial debts)                   249,600.0          253,500.0         296,300.0          140,700.0         128,800.0

Provisions                                                 104,700.0          104,300.0         180,700.0          182,200.0         226,800.0

Other non current liabilities                           32,400.0           42,300.0           80,100.0           76,400.0           63,300.0

Non current liabilities                                  386,700.0          400,100.0         557,100.0          399,300.0         418,900.0

short term debt (financial debts)                      6,700.0             3,100.0           66,200.0           81,700.0         198,300.0

Trade accounts payable                               97,300.0          176,200.0         426,700.0          226,800.0         268,500.0

Provisions                                                   37,800.0           38,600.0           89,000.0          174,300.0         153,700.0

Accruals                                                     53,900.0           64,100.0         104,300.0          115,700.0         113,700.0

other accounts payable                              110,900.0           41,600.0           98,200.0          160,500.0         189,600.0

other current liabilities                                202,600.0          144,300.0         291,500.0          450,500.0         457,000.0

Current liabilities                                        306,600.0          323,600.0         784,400.0          759,000.0         923,800.0

Shareh. equity, min. interests + liabilities  1,070,100.0       1,111,400.0       1,969,100.0       1,814,100.0       2,088,900.0

 

Profit and loss account

Sales                                                                                                    2,585,800.0       1,956,300.0       3,142,500.0

Reduction of proceeds                                                                                 96,400.0           73,600.0         130,600.0

Net sales                                                  888,500.0       1,060,800.0       2,489,400.0       1,882,700.0       3,011,900.0

Other operating revenue                               36,900.0           70,600.0           66,100.0          -36,200.0          -40,200.0

Operating revenue                                      925,400.0       1,131,400.0       2,555,500.0       1,846,500.0       2,971,700.0

Cost of goods sold                                     412,100.0          497,800.0       1,213,200.0          885,100.0       1,440,800.0

Gross profit                                               513,300.0          633,600.0       1,342,300.0          961,400.0       1,530,900.0

Other operating expenses                           479,700.0          521,000.0       1,244,300.0       1,148,000.0       1,843,000.0

Operating result                                           33,600.0          112,600.0           98,000.0         -186,600.0        -312,100.0

Interest revenues                                           1,800.0             6,900.0             2,800.0             4,000.0             9,500.0

other financial revenues                                18,400.0           52,300.0                800.0                700.0                500.0

Financial income                                         20,200.0           59,200.0             3,600.0             4,700.0           10,000.0

Interest expenses                                        15,400.0           17,100.0           29,400.0           27,600.0           21,100.0

other financial expenses                                3,300.0           16,700.0             5,400.0             2,000.0           53,600.0

Financial expenses                                      18,700.0           33,800.0           34,800.0           29,600.0           74,700.0

Financial result                                             1,500.0           25,400.0          -31,200.0          -24,900.0          -64,700.0

Result before extraordinary items                  35,100.0          138,000.0           66,800.0         -211,500.0        -376,800.0

Extraordinary income                                                         151,000.0

Extraordinary Result                                            0.0          151,000.0                   0.0                   0.0                   0.0

Result before taxes                                      35,100.0          289,000.0           66,800.0         -211,500.0        -376,800.0

Taxes                                                           8,600.0           19,000.0           25,200.0             6,000.0           19,900.0

Result before minority interests                     26,500.0          270,000.0           41,600.0         -217,500.0        -396,700.0

minority interests                                         -3,000.0             2,800.0           15,100.0             6,400.0             9,200.0

Result for the financial year                          29,500.0          267,200.0           26,500.0         -223,900.0        -405,900.0

 

Cash flow

Depreciation                                                33,200.0           33,900.0         124,800.0          140,900.0         259,500.0

Cash flow                                                    59,700.0          303,900.0         166,400.0          -76,600.0        -137,200.0

Cash flow from operating activities                  9,300.0           10,100.0         106,100.0            -1,600.0           57,200.0

Investments in tangible fixed assets              81,600.0           57,300.0           98,200.0           61,700.0         140,900.0

Cash flow from investing activities                -41,600.0          -21,500.0          -92,500.0          -33,200.0          -35,800.0

Cash flow from financing activities                -31,800.0           71,200.0         129,300.0          -27,800.0             8,800.0

Others                                                         -1,600.0            -3,400.0            -8,700.0            -2,300.0            -5,100.0

Change in liquidity                                      -65,700.0           56,400.0         134,200.0          -64,900.0           25,100.0

Liquidity at beginning of the year                 408,300.0          351,900.0         217,700.0          282,600.0         257,500.0

Liquidity at end ot the year                         342,600.0          408,300.0         351,900.0          217,700.0         282,600.0

 

Notes

Material costs                                           412,100.0          497,800.0       1,213,200.0          885,100.0       1,440,800.0

Cost of employees                                     278,900.0          302,300.0         764,700.0          693,000.0         938,200.0

Research and Development                          42,700.0           39,500.0           93,900.0           98,700.0         122,300.0

Orders received                                         839,700.0          958,300.0       3,170,000.0       1,935,100.0       2,561,600.0

Added value                                              362,600.0          642,300.0         985,700.0          650,000.0         842,000.0

Working Capital                                         223,100.0          142,700.0         283,200.0          370,700.0         474,900.0

Sales per Employee                                         250.8                213.1                194.4                147.5                212.4

Market capitalisation                                  736,700.0          653,200.0       1,565,800.0       1,084,500.0         650,900.0

Gross cost land and buildings                     270,000.0          257,000.0         495,600.0          543,700.0         566,400.0

Gross cost other tangible fixed assets         472,700.0          473,000.0       1,541,300.0       1,774,200.0       1,764,100.0

Gross cost total                                         742,700.0          730,000.0       2,036,900.0       2,317,900.0       2,330,500.0

Insurance value land and buildings               540,900.0          539,800.0       1,024,200.0       1,353,400.0       1,337,900.0

 

Employees  at year end                                    3,542                4,695              12,804              12,761              14,183

Employees inland                                                                                            1,536                1,660                1,750

Employees abroad                                                                                         11,268              11,101              12,433

 

 

Ultimate Parent Company

 

Name:                          Rieter Holding AG

City/Country:                 Winterthur/ZH, Switzerland/CH

 

 

Owner/-s

 

No. of Owner/-s:            1

Owner:                         The company is domestic owned.

 

Class:                          100%

Type:                            indirect, Group-Level 1

Name:                          Rieter Holding AG

City/Country:                 Winterthur/ZH, Switzerland/CH

Interest:                        100,00% voting right, 100,00% capital interest

 

 

Investments

 

It is believed that the company has no investments.

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

17.10.2013          2013                           1                         87.--      Legal actions

17.10.2013          2012                           0

17.10.2013          2011                           0

17.10.2013          2010                           1                     4,740.--      Legal actions

17.10.2013          2009                           1                   59,597.--      Legal actions

17.10.2013          2008                           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.

 

 

Credit Information

 

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 is good.

 

Payment experiences:   Financial obligations are paid promptly.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.61.12

UK Pound

1

Rs.103.54

Euro

1

Rs.81.87

 

INFORMATION DETAILS

 

Report Prepared by :

NIS

 

 

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