MIRA INFORM REPORT

 

 

Report Date :

03.12.2014

 

IDENTIFICATION DETAILS

 

Correct Name :

EUROPELL SP.ZO.O.

 

 

Registered Office :

Ul. Al. Mickiewicza Int. 4, 58 Localita' Niemcz - Osielsko 

 

 

Country :

Italy

 

 

Date of Incorporation :

01.12.2014

 

 

Legal Form :

Company incorporated following foreign laws

 

 

Line of Business :

Not Available 

 

 

No of Employees :

from 1 to 5 Employees

 

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

--

NB

                                       New Business

--

 

Status :

New Business

Payment Behaviour :

Unknown

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 – June 1, 2014

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

Italy

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

Italy ECONOMIC OVERVIEW

 

Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, where unemployment is higher. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors. Italy is the third-largest economy in the euro-zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, topping 133% of GDP in 2013, but investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and widespread tax evasion. In 2013 economic growth and labor market conditions deteriorated, with growth at -1.8% and unemployment rising to 12.4%, with youth unemployment around 40%. Italy's GDP is now 8% below its 2007 pre-crisis level.

 

Source : CIA

Company name & address

 

Europell Sp.zo.o.

 

Ul. Al. Mickiewicza Int. 4, 58 LOCALITA' NIEMCZ

 

- Osielsko ( ) -IT-

 

 

Summary

 

Fiscal Code

:

03919810246

Legal Form

:

Company incorporated following foreign laws

Establishment Date

:

01/12/2014

Number of Employees

:

from 1 to 5



Legal Data

 

Legal Form : Company incorporated following foreign laws

Fiscal Code : 03919810246

 

Chamber of Commerce no. : 365004 of Vicenza since 01/12/2014

 

V.A.T. Code : 03919810246

 

Establishment date

: 01/12/2014



Members

 

Dardzinski

Daniel Marcin

 

Born in Gdynia

( )

on 19/07/1976

- Fiscal Code : DRDDLM76L19Z127N

 

Residence:

Stadio

, 36

- 36071

Arzignano

(VI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Board Chairman

09/04/2004

 

No Prejudicial events are reported

 

No Protests registered

 

Dardzinska

Anna Katarzyna

 

Born in Bydgoszcz

( )

on 23/02/1982

 

Residence:

Ulica Twardzickiego

, 62

Bydgoszcz

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

09/04/2004

Companies connected to members

 

*checkings have been performed on a national scale.

 

In this module the companies in which members hold/held positions are listed.

 

The Members of the subject firm are not reported to be Members in other companies.

 

 

Direct Participations

 

The Company under review has no participations in other Companies.



Firm's location and structure

 

In order to carry out its activities the firm uses the following locations:

 

-

Legal and operative seat

 

Ul. Al. Mickiewicza Int. 4

, 58

- Osielsko

- IT -

 

-

Secondary office

since 23/10/2014

 

Stadio

, 36

- 36071

- Arzignano

(VI)

- IT -



Protests

 

Protests checking on the subject firm has given a negative result.



Data Base Prejudicial Events Search

 

Search performed on a National Scale

 

Prejudicial Events Search Result: NEGATIVE

 

Search performed on a specialized data base.



Legal Procedures

 

None reported, standing to the latest received edition of the Official Publications.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.61.93

UK Pound

1

Rs.97.39

Euro

1

Rs.77.21

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

MNL

 

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%)

 

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