MIRA INFORM REPORT

Report Date :

26.12.2014

IDENTIFICATION DETAILS

Name :	ROMACO S.R.L.

Registered Office :	Via Marzabotto 5, Bologna, 40067

Country :	Italy

Financials (as on) :	31.10.2012

Date of Incorporation :	10.08.1972

Com. Reg. No.:	01681340152

Legal Form :	Private Subsidiary

Line of Business :	Subject is engaged in manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials (extruders, moulders, pneumatic tyre making or retreading machines and other machines for making a specific rubber or plastic product).

No. of Employees :	112

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 31^st, 2013

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Italy

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 high. 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 126% of GDP in 2012, and investor concerns about the broader euro-zone crisis at times have caused borrowing costs on sovereign government debt to rise to euro-era. During the second half of 2011 the government passed three austerity packages to reduce its budget deficit and help bring down borrowing costs. These measures included a hike in the value-added tax, pension reforms, and cuts to public administration. The government also faces pressure from investors and European partners to sustain its recent efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and widespread tax evasion. In 2012 economic growth and labor market conditions deteriorated, with growth at -2.3% and unemployment rising to nearly 11%, with youth unemployment around 35%. The government has undertaken several reform initiatives designed to increase long-term economic growth. Italy's GDP is now 7% below its 2007 pre-crisis level.

Source : CIA

Company Name and Address

Romaco S.r.l.

Via Marzabotto 5


Bologna, 40067
Italy

Tel:	39-051744817
Fax:	+39 0516 202500
www.romaco. com/?page()=contacts

Employees:	112
Company Type:	Private Subsidiary
Corporate Family:	11 Companies
Ultimate Parent:	DBAG Fund V International GmbH & Co. KG

Incorporation Date:	10-Aug-1972

Financials in:	USD (mil)
Fiscal Year End:	31-Oct-2012
Reporting Currency:	Euro
Annual Sales:	43.2
Total Assets:	47.2

Business Description

Romaco SRL is primarily engaged in manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials (extruders, moulders, pneumatic tyre making or retreading machines and other machines for making a specific rubber or plastic product); manufacture of printing and bookbinding machines; manufacture of machinery for producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes, blackboard chalk, foundry moulds, etc.; manufacture of moulding boxes for any material; mould bases; moulding patterns; moulds; manufacture of dryers for wood, paper pulp, paper or paperboard; manufacture of centrifugal clothes dryers; manufacture of diverse special machinery and equipment (machines to assemble electric or electronic lamps, tubes (valves) or bulbs; machines for production or hot-working of glass or glassware, glass fibre or yarn; machinery or apparatus for isotopic separation; rope-making machinery, etc.); and manufacture of industrial robots for multiple uses.

Industry

Industry	Machinery and Equipment Manufacturing
ANZSIC 2006:	2499 - Other Machinery and Equipment Manufacturing Not Elsewhere Classified
ISIC Rev 4:	2819 - Manufacture of other general-purpose machinery
NACE Rev 2:	2829 - Manufacture of other general-purpose machinery n.e.c.
NAICS 2012:	333993 - Packaging Machinery Manufacturing
UK SIC 2007:	2829 - Manufacture of other general-purpose machinery n.e.c.
US SIC 1987:	3565 - Packaging Machinery

Key Executives

Name	Title
Paulo Jorge Gregorio Alexandre	President
Lido Rapattoni	Executive
Claudio Fracchioni	Member of the board
Giuseppino Naldi	Member of the board

News

Title	Date
Bosspak VTC 100 Tablet and Capsule Counter PharmTech.com (113 Words)	16-Sep-2013
Romaco at PACK EXPO 2013 Flexible Packaging and Processing ThomasNet (838 Words)	5-Aug-2013
Romaco at PACK EXPO 2013: Flexible packaging and processing Global Print Monitor (648 Words)	31-Jul-2013
Romaco at FachPack 2013: Precise blistering, cartoning and counting Global Print Monitor (641 Words)	31-Jul-2013
Romaco at FachPack 2013 ThomasNet (89 Words)	30-Jul-2013
Romaco at PACK EXPO 2013 Flexible packaging and processing Process and Control Today (656 Words)	30-Jul-2013

Registered No.(ITA): 01681340152

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7744105
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7710325

Corporate Overview

Location
Via Marzabotto 5
Bologna, 40067
Italy

Tel:	39-051744817
Fax:	+39 0516 202500

www.romaco.com

Sales EUR(mil):	33.5
Assets EUR(mil):	36.4
Employees:	112
Fiscal Year End:	31-Oct-2012


Industry:	Containers and Packaging

Incorporation Date:	10-Aug-1972
Company Type:	Private Subsidiary
Quoted Status:	Not Quoted
Registered No.(ITA):	01681340152


President:	Paulo Jorge Gregorio Alexandre

Industry Codes

ANZSIC 2006 Codes:
2499	-	Other Machinery and Equipment Manufacturing Not Elsewhere Classified
6999	-	Other Professional, Scientific and Technical Services Not Elsewhere Classified

ISIC Rev 4 Codes:
2819	-	Manufacture of other general-purpose machinery
8299	-	Other business support service activities n.e.c.

NACE Rev 2 Codes:
2829	-	Manufacture of other general-purpose machinery n.e.c.
8299	-	Other business support service activities n.e.c.

NAICS 2012 Codes:
333993	-	Packaging Machinery Manufacturing
561990	-	All Other Support Services

US SIC 1987:
3565	-	Packaging Machinery
7389	-	Business Services, Not Elsewhere Classified

UK SIC 2007:
2829	-	Manufacture of other general-purpose machinery n.e.c.
8299	-	Other business support service activities n.e.c.

Business Description

Printing, Packaging & Filling Services for the Pharmaceutical Industry

More Business Descriptions

Packaging and Labeling Services

Financial Data

Financials in:	EUR(mil)

Revenue:	33.5
Assets:	36.4
Current Assets:	18.6
Total Liabilities:	36.4
Net Worth:	6.1

Date of Financial Data:	31-Oct-2012

1 Year Growth

1,005.6%

Corporate Structure News

Total Corporate Family Members: 11

Company Name	Company Type	Location	Country	Industry	Sales (USD mil)	Employees
DBAG Fund V International GmbH & Co. KG	Parent	Frankfurt Am Main, Hessen	Germany	Consulting Services		4
Romaco Pharmatechnik GmbH	Subsidiary	Karlsruhe, Baden-WÃ¼rttemberg	Germany	Machinery and Equipment Manufacturing	42.6	450
Romaco S.r.l.	Subsidiary	Bologna, BO	Italy	Machinery and Equipment Manufacturing	43.2	112
Rodic, S.A. De C.V.	Subsidiary	Ciudad De Mexico, Distrito Federal	Mexico	Machinery Wholesale	1.0	7
FrymaKoruma GmbH	Subsidiary	Neuenburg Am Rhein, Baden-WÃ¼rttemberg	Germany	Machinery and Equipment Manufacturing	0.2	80
Romaco FrymaKoruma	Subsidiary	Neuenburg	Germany	Machinery and Equipment Manufacturing		40
IPM Technologies	Affiliates	Le Passage, d'Agen	France	Machinery and Equipment Manufacturing
Brotje Automation GmbH	Subsidiary	Wiefelstede, Niedersachsen	Germany	Specialty Construction Trade Contractors	195.9	250
DBG Tau II GmbH & Co. KG	Subsidiary	Frankfurt Am Main, Hessen	Germany	Investment Services		4
DBG Tau GmbH & Co. KG	Subsidiary	Frankfurt Am Main, Hessen	Germany	Miscellaneous Professional Services		1
Drachenfelssee 647. VermÃ¶gensverwaltungs GmbH & Co. KG	Subsidiary	Frankfurt Am Main, Hessen	Germany	Investment Services

Executives Report

Board of Directors

Name

Title

Function

Claudio Fracchioni

Member of the board

Director/Board Member

Social:

Giuseppino Naldi

Member of the board

Director/Board Member

Executives

Name

Title

Function

Paulo Jorge Gregorio Alexandre

President

Paolo Naldi

General Manager

Division Head Executive

Lido Rapattoni

Executive

Other

Annual Profit & Loss

	31-Oct-2012	31-Oct-2011	31-Aug-2010
Period Length	12 Months	12 Months	12 Months
Filed Currency	EUR	EUR	EUR
Exchange Rate (Period Average)	0.774411	0.71848	0.733854
Consolidated	No	No	No

Total income	47.7	5.7	33.9
Net sales	43.2	4.2	34.4
Other operating income	1.1	0.1	0.8
Raw materials and consumables employed	23.9	2.7	13.5
Other expenses	12.7	1.8	9.4
Total payroll costs	9.7	1.7	8.5
Fixed asset depreciation and amortisation	2.5	0.4	0.3
Other operating costs	0.6	0.1	0.2
Net operating income	-1.6	-0.9	2.0
Total financial income	0.0	0.0	0.1
Total expenses	0.8	0.1	0.0
Profit before tax	-2.4	-1.1	2.0
Extraordinary result	0.4	0.0	0.0
Profit after extraordinary items and before tax	-1.9	-1.0	2.0
Total taxation	0.5	0.0	0.9
Net profit	-	-	1.1
Net loss	2.4	1.0	-

Annual Balance Sheet

Financials in: USD (mil)

	31-Oct-2012	31-Oct-2011	31-Aug-2010
Filed Currency	EUR	EUR	EUR
Exchange Rate	0.771032	0.716949	0.786813
Consolidated	No	No	No

Total stockholders equity	8.0	11.2	8.1
Provision for risks	0.7	1.1	2.4
Provision for pensions	1.6	1.9	1.9
Other long-term liabilities	10.5	11.3	1.0
Trade creditors	12.3	10.4	9.9
Other current liabilities	14.0	13.6	9.0
Accruals and deferred income	0.0	0.0	0.0
Total current liabilities	26.4	24.0	18.9
Total liabilities (including net worth)	47.2	49.5	32.2
Intangibles	18.4	21.9	0.3
Buildings	3.8	4.1	3.7
Total tangible fixed assets	4.3	4.7	4.4
Long-term investments	0.3	0.4	0.5
Total financial assets	0.3	0.4	0.5
Receivables due after 1 year	0.1	0.1	0.1
Total non-current assets	23.0	27.1	5.2
Finished goods	14.2	11.6	6.3
Net stocks and work in progress	15.1	12.3	6.8
Trade debtors	7.4	7.6	6.1
Other receivables	1.6	2.0	13.6
Cash and liquid assets	0.0	0.3	0.5
Accruals	0.0	0.2	0.0
Total current assets	24.1	22.4	27.0
Total assets	47.2	49.5	32.2

Annual Ratios