MIRA
INFORM REPORT
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Report Date : |
14.02.2014 |
IDENTIFICATION DETAILS
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Name : |
UNI METAL CO., LTD. |
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Registered Office : |
Rm 708 Centum Sh Valley, 1474 Woo-Dong, Haewondae-Gu, Pusan, 612020 |
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Country : |
South Korea |
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Date of Incorporation : |
Not Available |
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Com. Reg. No.: |
6138136040 |
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Legal Form : |
Private Independent |
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Line of Business : |
Metals service centers and offices |
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No of Employees : |
12 |
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 – december 01, 2013
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Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
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South Korea |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
SOUTH KOREA - ECONOMIC OVERVIEW
South Korea over the past four decades
has demonstrated incredible growth and global integration to become a high-tech
industrialized economy. In the 1960s, GDP per capita was comparable with levels
in the poorer countries of Africa and Asia. In 2004, South Korea joined the
trillion dollar club of world economies, and is currently the world's 12th
largest economy. Initially, a system of close government and business ties,
including directed credit and import restrictions, made this success possible.
The government promoted the import of raw materials and technology at the
expense of consumer goods, and encouraged savings and investment over
consumption. The Asian financial crisis of 1997-98 exposed longstanding
weaknesses in South Korea's development model including high debt/equity ratios
and massive short-term foreign borrowing. GDP plunged by 6.9% in 1998, and then
recovered by 9% in 1999-2000. Korea adopted numerous economic reforms following
the crisis, including greater openness to foreign investment and imports.
Growth moderated to about 4% annually between 2003 and 2007. Korea's export
focused economy was hit hard by the 2008 global economic downturn, but quickly
rebounded in subsequent years, reaching 6.3% growth in 2010. The US-South Korea
Free Trade Agreement was ratified by both governments in 2011 and went into
effect in March 2012. Throughout 2012 the economy experienced sluggish growth
because of market slowdowns in the United States, China, and the Eurozone. The
incoming administration in 2013, following the December 2012 presidential
election, is likely to face the challenges of balancing heavy reliance on
exports with developing domestic-oriented sectors, such as services. The South
Korean economy's long term challenges include a rapidly aging population,
inflexible labor market, and heavy reliance on exports - which comprise half of
GDP.
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Source
: CIA |
COMPANY details
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Uni Metal Co., Ltd. |
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Business Description
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Metals service centers and offices |
Industry
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Industry |
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ANZSIC 2006: |
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ISIC Rev 4: |
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NACE Rev 2: |
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NAICS 2012: |
423510
- Metal Service Centers and Other Metal Merchant Wholesalers |
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UK SIC 2007: |
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US SIC 1987: |
Key Executives
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Name |
Title |
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Kyung Uk Kim |
President |
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Yeong Ae Lim |
Director |
Registered
No.(KOR):
6138136040
1 - Profit & Loss Item Exchange Rate: USD 1 = KRW 1276.385
2 - Balance Sheet Item Exchange Rate: USD 1 = KRW 1164.475
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Industry
Codes
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ANZSIC 2006 Codes: |
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3322 |
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Metal and Mineral Wholesaling |
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ISIC Rev 4 Codes: |
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4662 |
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Wholesale of metals and metal ores |
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NACE Rev 2 Codes: |
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4672 |
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Wholesale of metals and metal ores |
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NAICS 2012 Codes: |
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423510 |
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Metal Service Centers and Other Metal
Merchant Wholesalers |
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US SIC 1987: |
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5051 |
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Metals Service Centers and Offices |
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UK SIC 2007: |
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4672 |
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Wholesale of metals and metal ores |
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Metals service centers and offices
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Executives Report
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Board of Directors |
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Director |
Director/Board Member |
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Executives |
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President |
President |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs. 62.27 |
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1 |
Rs. 103.46 |
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Euro |
1 |
Rs. 84.87 |
INFORMATION DETAILS
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Report Prepared
by : |
DPT |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.