MIRA INFORM REPORT
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Report Date : |
24.01.2014 |
IDENTIFICATION DETAILS
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Name : |
VOITH PAPER GMBH & CO.KG |
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Registered Office : |
St.-Pöltener-Str. 43, D 89522
Heidenheim |
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Country : |
Germany |
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Date of Incorporation : |
06.05.1999 |
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Com. Reg. No.: |
HRA 661100 |
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Legal Form : |
Ltd partnership with priv. ltd.
company as general partner |
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Line of Business : |
·
Manufacturer
of machine tools for processing other hard substances Agents involved in the
sale of machines (except agricultural machinery and office machinery) and
industrial supplies |
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No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Germany |
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 |
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
|
Source : CIA |
Voith Paper GmbH & Co.KG
St.-Pöltener-Str. 43
D 89522 Heidenheim
Telephone: 07321/370
Telefax: 07321/377000
Homepage: www.voithpaper.com
E-mail: info.voithpaper@voith.com
DE812723980
Active
Business relations are permissible. The
company is considered solvent for credits within its scope of business.
LEGAL FORM Ltd
partnership with priv. ltd. company as general partner
Date of foundation: 06.05.1999
Registered on: 06.05.1999
Register of
companies: Local
court 89073 Ulm
under: HRA
661100
Total cap. contribution: EUR
36,006,000.00
Voith Paper Holding GmbH & Co. KG
St.-Pöltener-Str. 43
D 89522 Heidenheim
Legal form: Ltd partnership with priv.
ltd.
company as general partner
Total cap. EUR 30,703,077.47
contribution:
Share: EUR 36,006,000.00
Registered on: 17.12.1996
Reg. data: 89073 Ulm, HRA 661049
Voith Paper Verwaltungs GmbH
St.-Pöltener-Str. 43
D 89522 Heidenheim
Legal form: Private limited company
Share capital: EUR 26,000.00
Registered on: 31.03.1998
Reg. data: 89073 Ulm, HRB 661383
Voith Paper GmbH & Co.KG
St.-Pöltener-Str. 43
D 89522 Heidenheim
Legal form: Ltd partnership with priv.
ltd.
company as general partner
Total cap. EUR 36,006,000.00
contribution:
Share: EUR 26,000.00
Registered on: 06.05.1999
Reg. data: 89073 Ulm, HRA 661100
Norbert Nettesheim
D 89518 Heidenheim
born: 17.11.1962
Manager:
Dr. Antti Kaunonen
D 89231 Neu-Ulm
born: 11.03.1959
Dr.-Ing. Hans-Peter Sollinger
Germanenstr. 161
D 89522 Heidenheim
born: 09.08.1953
Profession: Engineer
Marital status: married
Shareholder representative within the Supervisory Board:
Dr. Hermann Jung
D 89522 Heidenheim
born: 10.07.1955
Profession: Fully qualified economic
engineer
Shareholder representative within the Supervisory Board:
Dipl.-Ing. (FH) Hans Müller
D 89518 Heidenheim
born: 06.01.1942
Profession: Fully qualified engineer
Shareholder representative within the Supervisory Board:
Jürgen Göttler
D 89518 Heidenheim
born: 09.01.1942
Profession: degree-level economist
(college
ed.)
Shareholder representative within the Supervisory Board:
Matthias Winfried Otmar Bächle
D 47906 Kempen
born: 04.10.1957
Shareholder representative within the Supervisory Board:
Dipl.-Ökonom Martin Hennerici
D 70173 Stuttgart
born: 15.07.1959
Profession: Fully qualified Economist
Hans-Dieter Dangelmaier
Normannenweg 27
D 89522 Heidenheim
born: 16.04.1944
Marital status: married
Representative of the Employees within the Supervisory Board:
Andreas Strobel
Bussardweg 57
D 89520 Heidenheim
Representative of the Employees within the Supervisory Board:
Thomas Brezina
D 89518 Heidenheim
Representative of the Employees within the Supervisory Board:
Rudi Neidlein
Fritz-Schneider-Str. 43
D 89518 Heidenheim
Representative of the Employees within the Supervisory Board:
Norbert Fandrich
D 89518 Heidenheim
Representative of the Employees within the Supervisory Board:
Rudolf Maier
D 89518 Heidenheim
Meinrad Schad
St.-Pöltener-Str. 43
D 89522 Heidenheim
authorized to jointly represent the
company
born: 10.01.1951
Profession: legal consultant
Marital status: married
Proxy:
Dr.
Jörg Kondring
Lichtensteinstr. 4
D 89518 Heidenheim
authorized to jointly
represent the company
born: 15.11.1966
Profession:
Solicitor
Proxy:
Ilonka Nußbaumer
D 89518 Heidenheim
authorized to jointly
represent the company
born: 22.07.1973
Proxy:
Sabine Gronbach
An der
Reithalle 21
D 90429 Nürnberg
authorized to jointly
represent the company
born: 14.09.1974
Proxy:
Meinrad Schad
St.-Pöltener-Str. 43
D
89522 Heidenheim
authorized to jointly represent the company
born: 10.01.1951
Profession: legal
consultant
Marital status: married
Proxy:
Karl
Böck
Suebenweg 13
D
89522 Heidenheim
authorized to jointly represent the company
Proxy:
Andreas Endters
D 89275 Elchingen
authorized to jointly
represent the company
born: 17.04.1966
Proxy:
Norbert Nettesheim
D
89518 Heidenheim
authorized to jointly represent the company
born: 17.11.1962
Proxy:
Egon
Krätschmer
D
73450 Neresheim
authorized to jointly represent the company
born: 05.07.1956
Proxy:
Hans-Jürgen Amthor
D
89520 Heidenheim
authorized to jointly represent the company
born: 18.08.1960
Proxy:
Michael Hannig
Friedrich-Ebert-Str. 17
D
89522 Heidenheim
authorized to jointly represent the company
born: 19.01.1965
Proxy:
Eugen
Sigg
Oflings
6
D
88239 Wangen
authorized to jointly represent the company
born: 05.07.1960
Proxy:
Andreas Bittner
D 47906 Kempen
authorized to jointly represent the company
born: 16.05.1961
Proxy:
Dr.
Volker Linden
Brahmsstr. 30
D 73430 Aalen
authorized to jointly represent
the company
born: 05.01.1959
Proxy:
Thomas Furtner
D 88212 Ravensburg
authorized to jointly
represent the company
born: 07.05.1966
Proxy:
Dr. Hermann Bernard
D 89073 Ulm
authorized to jointly
represent the company
born: 06.11.1953
Proxy:
Dr.
Michael Trefz
D
89518 Heidenheim
authorized to jointly represent the company
born: 17.07.1961
Proxy:
Dr.
Jörg Kondring
Lichtensteinstr. 4
D 89518 Heidenheim
authorized to jointly
represent the company
born: 15.11.1966
Profession: Solicitor
Proxy:
Herbert Baier
D 89555 Steinheim
authorized to jointly
represent the company
born: 14.03.1959
Proxy:
Martin
Käßbohrer
D
89518 Heidenheim
born: 21.03.1963
Proxy:
Hans Peter Holl
D 89518 Heidenheim
authorized to jointly
represent the company
born: 10.02.1965
Proxy:
Andreas Brandt
D 70173 Stuttgart
authorized to jointly
represent the company
born: 15.02.1963
Proxy:
Reiner
Zirn
D
88147 Achberg
authorized to jointly represent the company
born: 21.12.1962
Proxy:
Thomas
Frühauf
D
89518 Heidenheim
authorized to jointly represent the company
born: 16.03.1964
Proxy:
Boris
Alexander Biere
D 89522 Heidenheim
authorized to jointly represent the company
born: 27.05.1967
Proxy:
Dr. Hans-Ludwig Josef
Schubert
D 88255 Baienfurt
authorized to jointly represent the
company
born: 14.11.1956
Proxy:
Oliver Beck
D 89129 Langenau
authorized to jointly
represent the company
born: 13.04.1974
Proxy:
Bernd
Stibi
D
89522 Heidenheim
authorized to jointly represent the company
born: 18.03.1968
Proxy:
Josef Sattler
A Kapelln
authorized to jointly
represent the company
born: 11.10.1960
Nationality: Austrian
Proxy:
Dr. Thilo Ittner
D 88212 Ravensburg
authorized to jointly
represent the company
born: 23.12.1973
Proxy:
Christoph von Appen
D
89542 Herbrechtingen
authorized to jointly represent the company
born: 26.07.1970
Proxy:
Klaus
Lehleiter
D
89555 Steinheim
authorized to jointly represent the company
born: 26.12.1960
Proxy:
Joachim Hinz
D 47918 Tönisvorst
authorized to jointly
represent the company
born: 05.05.1961
Proxy:
Matthew Watts
D 88368
Bergatreute
authorized to jointly
represent the company
born: 28.12.1977
Proxy:
Martin
Bassmann
D
89522 Heidenheim
authorized to jointly represent the company
born: 21.03.1966
Proxy:
Markus Mader
D 89350 Dürrlauingen
authorized to jointly
represent the company
born: 08.09.1976
Proxy:
Christian Münch
Blütenäcker 9
D
89233 Neu-Ulm
authorized to jointly represent the company
born: 17.12.1969
Proxy:
Jörg Lampe
A Wien
authorized to jointly
represent the company
born: 12.05.1965
Nationality: Austrian
Proxy:
Cornelius Weitzmann
D 89073 Ulm
authorized to jointly
represent the company
born: 06.08.1976
Proxy:
Michael Pöhls
D 40667 Meerbusch
authorized to jointly
represent the company
born: 22.10.1965
Proxy:
Harald Hubel
D 86720 Nördlingen
authorized to jointly
represent the company
born: 15.01.1969
Proxy:
Sabine
Gronbach
An der
Reithalle 21
D 90429 Nürnberg
authorized to jointly
represent the company
born: 14.09.1974
Proxy:
Ralf Sorg
D 73430 Aalen
authorized to jointly
represent the company
born: 13.08.1977
Proxy:
Patricia Sargeant
D 89073 Ulm
authorized to jointly
represent the company
born: 22.09.1971
Proxy:
Johann
Moser
D
89518 Heidenheim
authorized to jointly represent the company
born: 21.05.1962
Proxy:
Dr. Uwe Knotzer
A St. Pölten
authorized to jointly
represent the company
born: 22.03.1971
Proxy:
Stephan Keuschnigg-Zingl
A St. Johann / Haide
authorized to jointly
represent the company
born: 22.07.1979
Nationality: Austrian
Proxy:
Dr. Antti Kaunonen
D 89231 Neu-Ulm
authorized to jointly
represent the company
born: 11.03.1959
Proxy:
Herbert Gray
D 88453 Erolzheim
authorized to jointly
represent the company
born: 25.08.1966
Proxy:
Philipp Bergmann
D 47918 Tönisvorst
authorized to jointly
represent the company
born: 27.08.1970
Proxy:
Dr.
Susanne Berger
D
89542 Herbrechtingen
authorized to jointly represent the company
born: 01.06.1967
Proxy:
Markus Wallenmaier
D 89073 Ulm
authorized to jointly
represent the company
born: 21.11.1974
Proxy:
Marcus
Schwier
D
88074 Meckenbeuren
authorized to jointly represent the company
born: 09.02.1967
Proxy:
Thomas Augscheller
D 89429 Bachhagel
authorized to jointly
represent the company
born: 24.01.1971
Proxy:
Kerstin Klein
D
88709 Hagnau
authorized to jointly represent the company
born: 29.01.1983
Proxy:
Andreas Zierhut
D 88250 Weingarten
authorized to jointly represent the company
born: 11.01.1964
01.01.1867 - 15.03.1995 Voith-Industrieverwaltung GmbH
St.-Pöltener-Str. 43
D 89522 Heidenheim
Private limited
company
15.03.1995
- 06.05.1999 Voith Sulzer
Papiermaschinen GmbH
St.-Pöltener-Str. 43
D
89522 Heidenheim
Private limited company
06.05.1999 -
14.09.2000 Voith Sulzer Papiermaschinen
GmbH &
Co.KG.
St.-Pöltener-Str. 43
D
89522 Heidenheim
Ltd partnership
with priv. ltd. company
as general partner
Main industrial sector
·
28492 Manufacture of machine tools for processing
other hard substances
46141
Agents involved in the sale of machines (except agricultural machinery
and office machinery) and industrial
supplies n.e.c.
Works:
Voith Paper GmbH &
Co.KG
Voithstr. 2
D 47803 Krefeld
TEL.: 02151/8960
FAX.: 02151/896-434
Works:
Voith Paper GmbH &
Co.KG
Veldener Str. 52
D 52349 Düren
TEL.: 02421/4990
FAX.: 02421/499111
Works:
Voith Paper GmbH &
Co.KG
Saumweg 13
D 73431 Aalen
Limited partner:
Voith Paper
Krieger GmbH & Co. KG
Erftstr. 31-33
D 41238 Mönchengladbach
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 1,587,561.29
contribution:
Share: EUR 1,349,427.10
Reg. data: 13.01.1981
Local court
41061
Mönchengladbach
HRA 2463
Limited partner:
Voith Paper Rolls GmbH
& Co. KG
St.-Pöltener-Str. 43
D
89522 Heidenheim
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 580,000.00
contribution:
Share: EUR 580,000.00
Reg. data: 23.09.1998
Local court
89073 Ulm
HRA 661088
Limited partner:
Voith IHI EcoSolutions
GmbH & Co. KG
St.-Pöltener-Str. 43
D
89522 Heidenheim
Legal form: Ltd partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 500,000.00
contribution:
Share: EUR 250,000.00
Reg. data: 18.03.2013
Local court
89073 Ulm
HRA 723400
Shareholder:
VPH
Auslandsbeteiligungen GmbH
St.-Pöltener-Str. 43
D 89522 Heidenheim
Legal form: Private
limited company
Company Status: active
Share capital: EUR 512,000.00
Share: EUR 512,000.00
Reg. data: 18.12.1996
Local court
89073 Ulm
HRB 661293
Shareholder:
MERI Environmental
Solutions GmbH
Escher-Wyss-Str. 25
D 88212 Ravensburg
Legal form: Private
limited company
Company Status: active
Share capital: EUR 51,129.19
Share: EUR 33,233.97
Reg. data: 07.11.1995
Local court
89073 Ulm
HRB 551647
Shareholder:
Voith Paper Fabrics Düren
GmbH
Veldener Str. 71-75
D 52349 Düren
Legal form: Private
limited company
Company Status: active
Share capital: EUR 270,000.00
Share: EUR 27,000.00
Reg. data: 09.01.2012
Local court
52349 Düren
HRB 6250
Shareholder:
Voith
Paper Unterstützungskasse GmbH
Birkschenweg 5
D 47803 Krefeld
Legal form: Private
limited company
Company Status: active
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Reg. data: 11.12.1942
Local court
47798 Krefeld
HRB 117
Shareholder:
Voith
Paper Verwaltungs GmbH
St.-Pöltener-Str. 43
D
89522 Heidenheim
Legal form: Private limited company
Company Status: active
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Reg. data: 31.03.1998
Local court
89073 Ulm
HRB 661383
Shareholder:
Voith Paper Air Systems
GmbH
Dr.-Hans-Frisch-Str.
4
D
95448 Bayreuth
Legal form: Private limited company
Company Status: active
Share capital: EUR
25,000.00
Share: EUR 25,000.00
Reg. data: 01.04.2011
Local court
95444 Bayreuth
HRB 5321
Shareholder:
Voith Paper Krieger
Verwaltungsgesellschaft
mit
beschränkter Haftung
Erftstr. 31-33
D 41238 Mönchengladbach
Legal form: Private
limited company
Company Status:
active
Share capital: EUR 26,000.00
Share: EUR 22,100.00
Reg. data: 19.12.1980
Local court
41061
Mönchengladbach
HRB 1590
Shareholder:
Voith
IHI EcoSolutions Verwaltungs GmbH
St.-Pöltener-Str. 43
D 89522 Heidenheim
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 12,500.00
Reg. data: 14.03.2013
Local court
89073 Ulm
HRB 729034
Shareholder:
TechniDoc GmbH
Seestr. 42
D 88214 Ravensburg
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 8,750.00
Reg. data: 10.11.1999
Local court
89073 Ulm
HRB 552094
Payment experience: within agreed terms
Negative information: We have no negative information at hand.
Type of ownership: Tenant
Address Veldener
Str. 52
D 52349 Düren
Type of ownership: Tenant
Address St.-Pöltener-Str.
43
D 89522 Heidenheim
Type of ownership: Tenant
Address Voithstr.
2
D 47803 Krefeld
Type of ownership: Tenant
Address Saumweg
13
D 73431 Aalen
Land register documents were not available.
Principal bank
COMMERZBANK, HEIDENHEIM AN DER BRENZ
Sort. code: 63240016, BIC: COBADEFF632
Further banks
COMMERZBANK, STUTTGART
Sort. code: 60040071, BIC: COBADEFF600
DEUTSCHE BANK, HEIDENHEIM AN DER BRENZ
Sort. code: 61370086, BIC: DEUTDESS613
Financial year: 01.10. - 30.09.
The number of employees is not known.
The company is included in the annual
financial statement of Voith GmbH.
Basic data of the group: 2011/2012
Sales:
5.723.551.000,00
Staff: 42.298
Profit :
246.117.000,00
Receivables: 1.213.821.000,00
Liabilities: 2.078.866.000,00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.99 |
|
UK Pound |
1 |
Rs.102.67 |
|
Euro |
1 |
Rs.83.98 |
INFORMATION DETAILS
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.