MIRA INFORM REPORT

 

 

Report Date :

08.12.2014

 

IDENTIFICATION DETAILS

 

Name :

MASCHINENFABRIK REINHAUSEN GMBH

 

 

Registered Office :

Falkensteinstr. 8, D 93059 Regensburg

 

 

Country :

Germany

 

 

Date of Incorporation :

03.02.1988

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of electric motors, generators and transformators

 

 

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 – September 30, 2014

 

Country Name

Previous Rating

(30.06.2014)

Current Rating

(30.09.2014)

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, has contributed to strong growth 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 5.3% in 2013. The new German government introduced a minimum wage of $11 per hour to take effect in 2015. 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 and 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. 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 & ADDRESS

 

MASCHINENFABRIK REINHAUSEN GMBH

 

Company Status:          active

                                    Falkensteinstr. 8

                                    D 93059 Regensburg

Telephone:                    0941/40900

Telefax:                        0941/4090111

Homepage:                   www.reinhausen.com

E-mail:                          sales@reinhausen.com

 

VAT no.:                       DE133705195

 

 

COMPANY SUMMARY

 

Legal Form                   Private limited company

Date of foundation:       03.02.1988

Shareholders'

agreement:                    03.02.1988

Registered on:              29.02.1988

Commercial Register:    Local court 93049 Regensburg

under:                                       HRB 3687

 

Share capital:                EUR         20,000,000.00

 

Shareholder:

                     Scheubeck GmbH

                     Pommernstr. 20

                     D 93073 Neutraubling

                     Legal form: Private limited company

                     Share capital:       EUR            300,000.00

                     Share:                  EUR         14,800,000.00

                     Registered on: 29.08.2001

                     Reg. data: 93049 Regensburg, HRB 8332

Shareholder:

                     Siemens Aktiengesellschaft

                     Wittelsbacherplatz 2

                     D 80333 München

                     Legal form: Public limited company

                     Share capital:       EUR      2,643,000,000.00

                     Share:                  EUR          5,200,000.00

                     Registered on: 28.08.1996

                     Reg. data: 80333 München, HRB 6684

Manager:

                     Dr. Nicolas Maier-Scheubeck

                     Am Pfaffensteiner Hang 28

                     D 93059 Regensburg

                     born: 17.10.1961

                     born: Maier

                     Profession: Fully qualified merchant

                     Marital status: married

Manager:

                     Michael Rohde

                     D 93059 Regensburg

                     born: 12.03.1958

Proxy:

                     Konrad Dollinger

                     Flurweg 7a

                     D 93333 Neustadt

                     born: 13.05.1962

                     Profession: Fully qualified merchant

Proxy:

                     Dr. Dieter Dohnal

                     D 93138 Lappersdorf

                     born: 31.10.1951

                     Profession: Engineer

Proxy:

                     Konrad Osswald

                     D 34537 Bad Wildungen

                     authorized to jointly represent the company

                     born: 08.01.1963

Proxy:

                     Gerold Hasel

                     D 93047 Regensburg

                     born: 12.04.1963

Proxy:

                     Gerald Güntner

                     D 93138 Lappersdorf

                     born: 26.05.1960

 

Further functions/participations of Dr. Nicolas Maier-Scheubeck

(Manager)

Limited partner:

                     Feulner Immobilien GmbH & Co. KG

                     Schillerstr. 43

                     D 93049 Regensburg

                     Legal form: Ltd partnership with priv. ltd.

                                 company as general partner

                     Total cap.            EUR              5,000.00

                     contribution:

                     Share:                  EUR              5,000.00

                     Registered

                     on:         11.12.2000

                     Reg. data:  93049 Regensburg, HRA 6403

Shareholder:

                     BM Beteiligungs & Management GmbH

                     Schillerstr. 43

                     D 93049 Regensburg

                     Legal form: Private limited company

                     Share capital:       EUR             25,564.59

                     Share:                  EUR             13,037.94

                     Registered

                     on:         02.11.1995

                     Reg. data:  93049 Regensburg, HRB 6148

President of the Supervisory Board:

                     emz-Hanauer GmbH & Co. KGaA

                     Siemensstr. 1

                     D 92507 Nabburg

                     Legal form: Partnership limited by shares

                     Share capital:       EUR             50,000.00

                     Registered

                     on:         09.12.1996

                     Reg. data:  92224 Amberg, HRB 2242

 

 

BUSINESS ACTIVITIES

 

Main industrial sector

27110   Manufacture of electric motors, generators and transformators

 

 

BRANCHES AND FACTORIES

 

Works:

                     Maschinenfabrik Reinhausen GmbH

                     Weidener Str. 20

                     D 93057 Regensburg

Branch:

                     Maschinenfabrik Reinhausen GmbH

                     Alte Chaussee 73

                     D 99097 Erfurt

                     TEL.: 0361/301030

Branch:

                     Maschinenfabrik Reinhausen GmbH

                     Sickingenstr. 74

                     D 10553 Berlin

                     TEL.: 030-33091511

 

 

PARTICIPATIONS

 

Shareholder:

                     Reinhausen Power Composites GmbH

                     Weidener Str. 20

                     D 93057 Regensburg

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:       EUR          1,100,000.00

                     Share:                  EUR          1,100,000.00

                     Reg. data:  27.05.2009

                                 Local court 93049 Regensburg

                                 HRB 11480

Shareholder:

                     MESSKO GmbH

                     Messko-Platz 1

                     D 61440 Oberursel

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:       EUR            500,000.00

                     Share:                  EUR            500,000.00

                     Reg. data:  21.07.2004

                                 Local court 61352 Bad Homburg

                                 HRB 1164

Shareholder:

                     HIGHVOLT Prüftechnik Dresden GmbH

                     Marie-Curie-Str. 10

                     D 01139 Dresden

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:       EUR            150,000.00

                     Share:                  EUR            150,000.00

                     Reg. data:  05.01.1996

                                 Local court 01069 Dresden

                                 HRB 12564

 

Payment experience:     in top condition

 

Negative information:    We have no negative information at hand.

 

 

REAL ESTATE

 

Type of ownership:        Tenant

Address                        Sickingenstr. 74

                                    D 10553 Berlin

 

Type of ownership:        Tenant

Address                        Falkensteinstr. 8

                                    D 93059 Regensburg

 

Type of ownership:        Tenant

Address                        Weidener Str. 20

                                    D 93057 Regensburg

Land register documents were not available.

 

 

BANKERS

 

Principal bank

DEUTSCHE BANK, 93003 REGENSBURG

Sort. code: 75070013, Account no.: 3306925

BIC: DEUTDEMM750

 

Further banks

SPARKASSE REGENSBURG, 93042 REGENSBURG

Sort. code: 75050000, Account no.: 10701608

BIC: BYLADEM1RBG

COMMERZBANK VORMALS DRESDNER BANK, 93015 REGENSBURG

Sort. code: 75080003, Account no.: 1915447

BIC: DRESDEFF750

HSBC TRINKAUS & BURKHARDT, 40002 DÜSSELDORF

Sort. code: 30030880, Account no.: 700031004

BIC: TUBDDEDDXXX

 

 

FINANCIAL FIGURES

 

Financial year:      01.01. - 31.12.

Share capital:                          EUR         20,000,000.00

The number of employees is not known.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.61.85

UK Pound

1

Rs.96.73

Euro

1

Rs.76.53                                 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

SMN

 

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.