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Report Date : |
26.02.2014 |
IDENTIFICATION DETAILS
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Registered Office : |
Wiesenstr. 36, D 45473 Mülheim |
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Date of Incorporation : |
MIRA
INFORM REPORT
IDENTIFICATION DETAILS
RATING & COMMENTS
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
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, contributed to strong growth in 2006 and
2007 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 6.5% in 2012. GDP contracted 5.1% in 2009 but grew
by 4.2% in 2010, and 3.0% in 2011, before dipping to 0.7% in 2012 - a
reflection of low investment spending due to crisis-induced uncertainty and the
decreased demand for German exports from recession-stricken periphery
countries. 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. 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. By 2014, the federal government wants
to balance its budget. 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
Company
name
Salzgitter
Mannesmann Precision GmbH Company
Status
active Main address
Kissinger Weg D 59067 Hamm Telephone: 02381/4200 Telefax:
02381/420265 Homepage: www.smp-tubes.com E-mail: marketing@smp-tubes.com Legal
office
Wiesenstr. 36 D 45473 Mülheim VAT
no
DE177052757 CONCLUSION
Business relations are permissible. Synthesis
LEGAL FORM Private
limited company Date of foundation: 18.10.1995 Shareholders' agreement: 18.10.1995 Registered on: 29.04.2008 Commercial Register: Local court 47051 Duisburg under: HRB 20198 Share capital: EUR 10,001,000.00 Shareholder
Salzgitter Klöckner-Werke GmbH Eisenhüttenstr. 99 D 38239 Salzgitter Legal form: Private limited company Share capital: EUR
277,188,240.00 Share: EUR 9,491,000.00 Registered on: 28.10.2011 Reg. data: 38100 Braunschweig, HRB 203250 Control and profit transfer agreement Shareholder:
Salzgitter Mannesmann GmbH
Eisenhüttenstr. 99 D 38239 Salzgitter Legal form: Private
limited company Share capital: EUR
184,526,000.00 Share: EUR 510,000.00 Registered on:
25.09.1969 Reg.
data: 38100 Braunschweig, HRB 200012 Manager
Dipl.-Ökonom Volker Engelbert D 58636 Iserlohn authorized to jointly represent the
company born: 01.04.1950 Manager:
Heinrich Clören D 47051
Duisburg born: 16.04.1956 Profession: Businessman Manager: Martin Kießling D 59387 Ascheberg authorized to jointly
represent the company born: 16.08.1965 Manager: Martin
Resch Am
Lergesberg 4f D
65843 Sulzbach born:
15.11.1966 Proxy
Jörg Wegener Ostersiek 14 D 32105 Bad Salzuflen authorized to jointly represent the
company born: 08.08.1961 Proxy: Thomas
Schäfer D
45739 Oer-Erkenschwick authorized to jointly represent the company born: 16.12.1964 Proxy: Dr.
Roland Kiesler D
57076 Siegen authorized to jointly represent the company born: 26.01.1963 Proxy: Elke Becks D 45721 Haltern am See authorized to jointly
represent the company born: 22.06.1959 Proxy: Peter
Wolfgang Houben
Sternstr. 58 D 40479 Düsseldorf authorized to jointly
represent the company born: 25.04.1953 Proxy:
Carsten Blank D
45473 Mülheim authorized to jointly represent the company born: 18.03.1964 Proxy: Thomas
Schlüchtermann
Döbelner Str. 28 D 59425 Unna authorized to jointly
represent the company born: 31.05.1960 Proxy: Thomas Mende D 48143 Münster authorized to jointly
represent the company born: 01.10.1961 Proxy: Jürgen
Brakensiek D 48351 Everswinkel authorized to jointly represent the company born: 11.09.1968 Proxy: Olaf Lüdecke D 59067 Hamm authorized to jointly
represent the company born: 18.12.1964 Proxy: José
Javier Rickert D
47051 Duisburg authorized to jointly represent the company born: 29.12.1979 Further
functions/participations of Dipl.-Ökonom Volker Engelbert (Manager) Manager:
Mannesmannröhren-Werke GmbH
Wiesenstr. 36 D 45473 Mülheim Legal form: Private
limited company Share capital: EUR 1,000,000.00 Registered on: 26.09.2005 Reg. data: 47051 Duisburg, HRB 17993 Further
functions/participations of Martin Kießling (Manager) Manager: MHP
Mannesmann Präzisrohr GmbH
Kissinger Weg 1 D 59067 Hamm Post Box: 1713, D 59061 Hamm Legal form: Private
limited company dissolved Share capital: EUR 5,000,000.00 Registered on: 24.08.2000
Reg. data: 59065 Hamm, HRB 2611 Further
functions/participations of Martin Resch (Manager) Shareholder: DR
Investment-GmbH Auf
dem Reeg 22 D 53343 Wachtberg Legal form: Private limited company Share capital: EUR 25,000.00 Share: EUR 12,500.00 Registered on: 30.01.2014 Reg. data: 53111 Bonn, HRB 20573 Manager: RSE
Grundstücksverwaltungs-GmbH
Wiesenstr. 36 D 45473 Mülheim Legal form: Private
limited company Share capital: EUR 25,000.00 Registered on: 15.07.2013 Reg. data: 47051 Duisburg, HRB 25634 Manager: RSE
Falkenhagen GmbH Wiesenstr. 36 D
45473 Mülheim Legal form: Private limited company Share capital: EUR 26,000.00 Registered on: 10.07.2013 Reg. data: 47051 Duisburg, HRB 25620 Manager: RSE
Projektentwicklungs-GmbH
Wiesenstr. 36 D 45473 Mülheim Legal form: Private limited
company Share capital: EUR 25,000.00 Registered on: 15.07.2013 Reg. data: 47051 Duisburg, HRB 25628 Manager: RSE
Grundbesitz und Beteiligungs-GmbH
Wiesenstr. 36 D 45473 Mülheim Legal form: Private
limited company Share capital: EUR
40,222,755.00 Registered on: 13.12.2012 Reg. data: 47051 Duisburg, HRB 25015 Manager:
Gewerbepark Am Borsigturm GmbH
Wiesenstr. 36 D 45473 Mülheim Legal form: Private limited
company Share capital: EUR 26,000.00 Registered on: 18.07.2013 Reg. data: 47051 Duisburg, HRB 25644 Manager:
Phoenix Office Garden GmbH
Wiesenstr. 36 D
45473 Mülheim Legal form: Private limited company Share capital: EUR 25,000.00 Registered on: 09.10.2013 Reg. data: 47051 Duisburg, HRB 25872 Manager: RSE
Projektmanagement
Holding-Verwaltungs-GmbH Wiesenstr. 36 D 45473 Mülheim Legal form: Private
limited company Share capital: EUR 25,000.00 Registered on: 15.07.2013 Reg. data: 47051 Duisburg, HRB 25629 Manager:
Salzgitter Mannesmann Rohr Sachsen GmbH
Mannesmannstr. 11 D 01619 Zeithain Legal form: Private limited company Share capital: EUR 1,000,000.00 Registered on: 20.04.2007 Reg. data: 01069 Dresden, HRB 25504 Manager: RSE
Borsiggelände GmbH Wiesenstr. 36 D 45473 Mülheim Legal form: Private
limited company Share capital: EUR 26,000.00 Registered on: 10.07.2013 Reg. data: 47051 Duisburg, HRB 25616 Manager: RSE
Projektmanagement GmbH
Wiesenstr. 36 D 45473
Mülheim Legal form: Private limited company Share capital: EUR 300,000.00 Registered on: 25.07.2013 Reg. data: 47051 Duisburg, HRB 25667 Proxy: GVG
Grundbesitz- und
Vermögensverwaltungsgesellschaft mbH Eisenhüttenstr. 99 D 38239 Salzgitter Legal form: Private limited
company Share capital: EUR 102,260.00 Registered on: 28.12.2011 Reg. data: 38100 Braunschweig, HRB 203332 Proxy: Klöckner
PET-Technologie GmbH
Eisenhüttenstr. 99 D 38239 Salzgitter Legal form: Private
limited company Share capital: EUR 25,000.00 Registered on: 14.11.2011 Reg. data: 38100 Braunschweig, HRB 203269 Proxy:
Klöckner PET International GmbH
Eisenhüttenstr. 99 D 38239 Salzgitter Legal form: Private
limited company Share capital: EUR 25,000.00 Registered on: 16.11.2011 Reg. data: 38100 Braunschweig, HRB 203277 COMPANY
HISTORY
24.05.1996
- 16.01.2008 Mannesmannring Sachsen GmbH Glaubitzer Str. 1 D 01619 Zeithain Private limited
company 16.01.2008 - 29.04.2008 Salzgitter Mannesmann Precision GmbH Glaubitzer Str. 1 D 01619 Zeithain Private limited
company 29.04.2008
- 30.04.2013 Salzgitter Mannesmann
Precision GmbH Wiesenstr. 36 D 45473 Mülheim Private limited
company RESIGNED ACTING PERSONS AND SHAREHOLDERS
16.05.2013 - 19.11.2013 President of the Board of Management Hubert Guy Marie
Joseph Paris F Paris 06.05.2008
- 30.04.2013 Manager Roger Menneking D 38300 Wolfenbüttel 06.05.2008 -
23.04.2013 Manager Paul Deventer D 48317 Drensteinfurt BUSINESS
ACTIVITIES
Main industrial sector ·
24100 Manufacture of basic iron, steel and
ferro-alloys 24202
Manufacture of precision steel pipes Secondary industrial sector ·
24201 Manufacture of steel pipes (except precision
pipes) 28150
Manufacture of bearings, gears, gearing and driving elements BRANCHES
AND FACTORIES
Works: Salzgitter Mannesmann
Precision GmbH Wiesenstr. 36 D 45473 Mülheim Works:
Salzgitter Mannesmann Precision GmbH
Südring 90 D
33647 Bielefeld Works:
Salzgitter Mannesmann Precision GmbH Zum großen Stein D
57299 Burbach Works:
Salzgitter Mannesmann Precision GmbH
Marscheidstr. D 58739 Wickede PARTICIPATIONS
Shareholder: Salzgitter Mannesmann
Rohr Sachsen GmbH Mannesmannstr. 11 D 01619 Zeithain Legal form: Private
limited company Company Status: active Share capital: EUR 1,000,000.00 Share: EUR 1,000,000.00 Reg. data: 20.04.2007 Local court
01069 Dresden HRB 25504 FINANCIAL
INFORMATION
Payment experience: cash discount/within agreed terms Negative information: We have no negative information at hand. REAL ESTATE
Type of ownership: Tenant Address Kissinger
Weg D 59067 Hamm Real Estate of: Salzgitter
Klöckner-Werke GmbH Type of ownership: proprietor Share: 100.00 % Address Klöcknerstr.
29 D 47057 Duisburg Real Estate of: Salzgitter
Klöckner-Werke GmbH Type of ownership: Tenant Address Eisenhüttenstr.
99 D 38239 Salzgitter Real Estate of: Salzgitter
Mannesmann GmbH Type of ownership: Tenant Address Eisenhüttenstr.
99 D
38239 Salzgitter Real Estate of: Martin
Resch Type of ownership: Tenant Address Am
Lergesberg 4f D 65843 Sulzbach Land register documents were not
available. BANKERS
COMMERZBANK, 59003 HAMM, WESTF Sort. code: 41040018, Account no.:
501835300 BIC: COBADEFF410, IBAN:
DE83410400180501835300 FINANCIAL
FIGURES
Financial year: 01.01. - 31.12. Share capital: EUR 10,001,000.00 The number of employees is not known. Control and profit transfer agreement to: Salzgitter Klöckner-Werke GmbH Eisenhüttenstr. 99 D 38239
Salzgitter The company exercises the option not to
publish its balance and is included in the annual financial statement of the
parent company Salzgitter Aktiengesellschaft, Salzgitter. Basic data of the group 2012 (in million
EUR) Receivables: 155.930,8 Liabilities: 918,6 Sales: 13.045,9 Annual
surplus: 12,3 Staff: 25.500 FOREIGN EXCHANGE RATES
INFORMATION DETAILS
RATING EXPLANATIONS
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
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