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Report Date : |
02.07.2014 |
IDENTIFICATION DETAILS
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Name : |
RONDO BURGDORF AG |
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Registered Office : |
Heimiswilstrasse 42, 3400 Burgdorf/BE |
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Country : |
Switzerland |
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Year of Establishment : |
1948 |
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Com. Reg. No.: |
053.3.004.578-6 / 167341 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Manufacture of machinery for food, beverage and tobacco processing |
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No of Employees : |
400 |
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 |
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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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
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Low Risk |
A2 |
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Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
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Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
SWITZERLAND ECONOMIC OVERVIEW
Switzerland is a peaceful, prosperous, and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies. The Swiss have brought their economic practices largely into conformity with the EU's to enhance their international competitiveness, but some trade protectionism remains, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of all Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled export demand and put Switzerland in a recession. The Swiss National Bank (SNB) during this period effectively implemented a zero-interest rate policy to boost the economy as well as prevent appreciation of the franc, and Switzerland's economy began to recover in 2010. The sovereign debt crises currently unfolding in neighboring euro-zone countries pose a significant risk to Switzerland's financial stability and are driving up demand for the Swiss franc by investors seeking a safe-haven currency. The independent SNB has upheld its zero-interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell below 2% per year during 2011-13. Switzerland has also come under increasing pressure from individual neighboring countries, the EU, the US, and international institutions to reform its banking secrecy laws. Consequently, the government agreed to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The government has renegotiated its double taxation agreements with numerous countries, including the US, to incorporate the OECD standard, and is considering the possibility of imposing taxes on bank deposits held by foreigners. These steps will have a lasting impact on Switzerland's long history of bank secrecy
|
Source
: CIA |
Rondo Burgdorf AG
Heimiswilstrasse
42
3400 Burgdorf/BE
Switzerland/CH
Telephone: 034
4208111
Fax: 034
4208199
Web
site: http://www.rondo-online.com
E-mail: info@rondo-online.com
WIN
Worldbox No.: CH0000081592
VAT-No.: CHE101691269
Established: 1948
Line
of Business: Machinery
Industry
Division: Manufacturing
Industry-code (NACE): 2893 Manufacture of machinery for food,
beverage and tobacco processing
Import/Export: Export
Export
sales: 95,0%
Banks: UBS Ltd
CS Credit
Suisse
Coverage: Company
Employees: 400
The company develops and produces machines
and installations for the production of pastry of all types. At the
headquarters in Burgdorf, Switzerland, it is mainly machines for artisanal and
semi-industrial production that are produced. Industrial installations are
produced in Schio, Italy.
Products: Sheeters, Sheeters with cutting
station, Cutting Table/Transfer table, Make-up Lines, Accessories for make-up
lines, Twist & Place, Croissant Machines, Bread & Rolls Equipment,
Pizza Equipment, Laminating Lines, Doughband Former, Industrial Production.
Information on property ownership was not
available.
Company
No: 053.3.004.578-6 / 167341
Legal
form: Company limited by
shares
Registration: 12.02.1971
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Bern
History: Date of Statutes:
13.03.1979
Date of
Statutes: 21.08.1995
Date of
Incorporation Statutes: 11.02.1971
Date of
Statutes: 18.12.2008
Date of
Statutes: 09.03.2001
Entry Deleted Name
23.12.2008 Rondo
Burgdorf AG
23.12.2008 Rondo
Burgdorf SA (Name translated)
23.12.2008 Rondo
Burgdorf Ltd (Name translated)
23.12.2008 Seewer AG
23.12.2008 Seewer Ltd (Name translated)
23.12.2008 Seewer SA (Name translated)
Entry Deleted Legal domicile
active Burgdorf,
Switzerland
Entry Deleted Address
active Heimiswilstrasse
42, 3400 Burgdorf/BE, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 5,000,000, paidup CHF 5,000,000
Entry Deleted Capital Structure
12.03.2001 50,000
Registered shares of CHF 100.--
Title Name
President Robert
Rohrer, Origin: Buchs SG, Switzerland, Residential address: Feldbrunnen
(Feldbrunnen-St. Niklaus), Switzerland, joint signature of two
Director Bernhard
Merki, Origin: Würenlingen, Switzerland, Residential address: Tuggen,
Switzerland, joint signature of two, Registered since: 17.06.2010
Director Marc
Müller, Origin: Wiliberg, Switzerland, Residential address: 6052 Hergiswil /NW,
Switzerland, joint signature of two, Registered since: 26.10.2009
Director Hans
Müller-Meier, Origin: Wiliberg, Switzerland, Residential address: Hergiswil
/NW, Switzerland, joint signature of two
Director Konrad
Peter, Origin: Neftenbach, Switzerland, Residential address: Zug, Switzerland,
joint signature of two
Title Name
General
Manager Michael
Paul Witzak, Origin: Germany, Residential address: Solothurn, Switzerland,
joint signature of two, Registered since: 06.08.2013
Member
of the management Roland Boschung,
Origin: Wünnewil-Flamatt, Switzerland, Residential address: Wünnewil-Flamatt
(Wünnewil), Switzerland, joint signature of two, Registered since: 23.03.2006
Member
of the management, Vice-Director Marco
Cioci, Origin: Wald ZH, Switzerland, Italy, Residential address: 4800 Zofingen/AG,
Switzerland, joint signature of two, Registered since: 20.11.2007
Director Robert
Rohrer, Origin: Buchs SG, Switzerland, Residential address: Feldbrunnen
(Feldbrunnen-St. Niklaus), Switzerland, joint signature of two
Vice-Director Gebhard Hochreutener,
Origin: Eggersriet, Switzerland, Residential address: 4922 Thunstetten/BE,
Switzerland, joint signature of two, Registered since: 26.10.2009
Member
with signing authority Werner Mathis,
Origin: Wolfenschiessen, Switzerland, Residential address: 4562 Biberist/SO,
Switzerland, joint signature of two, Registered since: 13.03.2000
Member
with procuration Helmut
Heimann, Origin: Reichenbach im Kandertal, Switzerland, Residential address:
3504 Niederhünigen/BE, Switzerland, joint power of attorney of two, Registered
since: 06.02.2008
Member
with procuration Peter
Kaltenrieder, Origin: Kerzers, Switzerland, Residential address: Rüdtligen
(Rüdtligen-Alchenflüh), Switzerland, joint power of attorney of two
Member
with procuration Carola
Läderach, Origin: Worb, Switzerland, Residential address: 3414 Oberburg/BE,
Switzerland, joint power of attorney of two, Registered since: 02.04.2009
Member
with procuration Hansrudolf
Linder, Origin: Linden, Switzerland, Residential address: 3065 Bolligen/BE,
Switzerland, joint power of attorney of two
Member
with procuration Georges
Müller, Origin: Boswil, Switzerland, Residential address: 4553 Subingen/SO,
Switzerland, joint power of attorney of two, Registered since: 04.02.2003
Member
with procuration Jacques Schneider,
Origin: Basel, Langenbruck, Switzerland, Residential address: Zuchwil,
Switzerland, joint power of attorney of two, Registered since: 12.02.2014
Member
with procuration Jürg
Schneider, Origin: Walterswil BE, Switzerland, Residential address: Gerlafingen,
Switzerland, joint power of attorney of two, Registered since: 23.03.2006
Member
with procuration Martin
Stauffer, Origin: Eggiwil, Switzerland, Residential address: Burgdorf,
Switzerland, joint power of attorney of two, Registered since: 23.02.2001
Member
with procuration Felix
Wyssmann, Origin: Neuenegg, Switzerland, Residential address: Burgdorf,
Switzerland, joint power of attorney of two, Registered since: 07.02.2005
Member
with procuration Patrick
Zimmermann, Origin: Unterseen, Switzerland, Residential address: Aeschi bei
Spiez, Switzerland, joint power of attorney of two, Registered since:
07.03.2013
Title Name
Auditor TRO
Treuhand & Revisions AG, Residential address: Olten, Switzerland, Id:
CHE-107.909.432, Registered since: 23.03.2006
Title Name
Chief
Executive Officer Robert
Rohrer (robert.rohrer@ch.rondodoge.com)
Sales
Support Manager Peter
Kaltenrieder (peter.kaltenrieder@ch.rondodoge.com)
Chief
Development Officer Werner Mathis
(werner.mathis@ch.rondodoge.com)
Name: Seewer Holding AG
City/Country: Burgdorf/BE, Switzerland/CH
No.
of Owner/-s: 1
Owner: The company is domestic
owned.
Class: 100%
Type: direct, Group-Level 1
Name: Seewer Holding AG
City/Country: Burgdorf/BE, Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest
Name: Rondo Bakery Equipment
Inc
City/Country: Downsview/Ontario, Canada/CA
Class: 100%
Name: OOO Rondo Doge
City/Country: Moscow, Russia/RU
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Name: Rondo Inc
City/Country: Moonachie/New Jersey, United
States of America/US
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Name: RONDO Inc
City/Country: Downsview, Canada/CA
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Name: Rondo Sàrl
City/Country: Wasselonne, France/FR
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Name: Rondo Srl
City/Country: Schio, Italy/IT
Interest: 100,00% voting right,
100,00% capital interest
Class: 50-100%
Name: Rondo GmbH & Co.
KG
City/Country: Burbach/Nordrhein-Westfalen,
Germany/DE
Interest: 75,60% voting right,
75,60% capital interest
Class: 50-100%
Name: Rondo Limited
City/Country: Chessington/Surrey, United
Kingdom/GB
Interest: 60,00% voting right,
60,00% capital interest
Class: 50-100%
Name: Rondo Schio Srl
City/Country: Schio/VI, Italy/IT
Interest: 60,00% voting right,
60,00% capital interest
Control date Year No. Amount CHF Status
10.04.2014 2014 0
10.04.2014 2013 0
10.04.2014 2012 0
10.04.2014 2011 0
01.04.2010 2010 0
01.04.2010 2009 0
01.04.2010 2008 0
01.04.2010 2007 0
An updated legal action check is only
available against proof of interest. e.g. a copy of an enquiry letter, and
order or invoice relating to the subject company.
Financial
Statements: The company does not
disclose any financial statements. Third parties are not permitted any insight into
the financial affairs. It is therefore difficult to make a proper assessment of
the actual situation.
Financial
Situation: The financial situation
appears to be good.
Payment
experiences: Payment habits are
considered good.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 60.13 |
|
|
1 |
Rs. 102.83 |
|
Euro |
1 |
Rs. 82.28 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
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|
Report Prepared
by : |
DPT |
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 |
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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.