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Report Date : |
04.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
AMRP HANDELS AG |
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Registered Office : |
Vogesenstrasse 132, Postfach 371, 4012 Basel/BS |
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Country : |
Switzerland |
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Date of Incorporation : |
20.12.1971 |
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Com. Reg. No.: |
270.3.000.230-8
/ 6368 |
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Legal Form : |
Company
limited by shares |
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Line of Business : |
The business activities cover the trade with
packaging machines for the pharmaceutical, cosmetic, food, lighting and film
industries. |
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No. of Employees : |
13 |
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 |
|
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 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately 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 |
AMRP HANDELS AG
Operating address:
Vogesenstrasse 132
Postfach 371
4012 Basel/BS
Switzerland/CH
Telephone: 061
3868686
Fax: 061
3868602
Web site: http://www.campackaging.it/amrp.htm
E-mail: info@amrp.ch
VAT-No.: CHE107878139
Established: 1971
Line of Business: Consumer
goods wholesale
Industry Division: Wholesale
trade
Industry-code (NACE): 4669 Wholesale of other
machinery and equipment
Import/Export: Import,
Export
Export sales: 100,0%
Banks: CS
Credit Suisse
UBS
Ltd
Coverage: Company
Figures: approximately
Employees: 13
The business activities
cover the trade with packaging machines for the pharmaceutical, cosmetic, food,
lighting and film industries.
Information on
property ownership was not available.
Company No: 270.3.000.230-8
/ 6368
Legal form: Company
limited by shares
Registration: 20.12.1971
Legal status: active
Responsible Register: Handelsregister des Kantons Basel-Stadt
History: Date
of Statutes: 02.04.1993
Date
of Incorporation Statutes: 20.12.1971
Entry Deleted Name
active AMRP
Handels AG
Entry Deleted Legal domicile
active Basel,
Switzerland
Entry Deleted Address
active Vogesenstrasse
132, 4056 Basel/BS, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 500,000, paidup CHF 500,000
Entry Deleted Capital Structure
active 500
Bearer shares of CHF 1,000.--
Title Name
President Patrick
Foetisch, Origin: Cottens VD, Switzerland, Residential address: Pully,
Switzerland, joint signature of two
Chief Executive Aurelio
Proserpi, Origin: Bruzella, Switzerland, Residential address: Allschwil,
Switzerland, born: 11.12.1942, joint signature of two
Title Name
Auditor PricewaterhouseCoopers
AG, Residential address: Basel, Switzerland
Title Name
Chief Executive Officer Aurelio Proserpi
Name: Tecnicam
Srl
City/Country: Rastignano/Bologna,
Italy/IT
No. of Owner/-s: 1
Owner: The
company is foreign owned.
Class: 100%
Type: direct,
Group-Level 1
Name: Tecnicam
Srl
City/Country: Rastignano/Bologna,
Italy/IT
Interest: 100,00%
voting right, 100,00% capital interest
It is believed
that the company has no investments.
Control date Year No. Amount CHF Status
21.02.2011 2011 0
21.02.2011 2010 0
21.02.2011 2009 0
18.07.2007 2007 0
18.07.2007 2006 0
18.07.2007 2005 0
21.01.2005 2004 1 4,205,668.-- Opposition filed
21.01.2005 2003 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 is in order.
Payment experiences: Payments are made with arranged conditions.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.59.72 |
|
|
1 |
Rs.102.45 |
|
Euro |
1 |
Rs.81.54 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NNA |
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.