|
Report Date : |
07.06.2014 |
IDENTIFICATION DETAILS
|
Name : |
VIPA LAUSANNE
S.A. |
|
|
|
|
Registered Office : |
Galeries Benjamin-Constant 1 Case Postale
7700 1002 Lausanne/VD Switzerland/CH |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Date of Incorporation : |
28.12.1990 |
|
|
|
|
Com. Reg. No.: |
550.0.086.652-1 / 249917 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
Subject is engaged in the trade in raw materials for the manufacture
of paper and pulp, particularly with old paper |
|
|
|
|
No. of Employees |
40 |
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 |
|
Payment Behaviour : |
No complaints |
|
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 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
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 |
VIPA LAUSANNE S.A.
Galeries
Benjamin-Constant 1
Case Postale 7700
1002 Lausanne/VD
Switzerland/CH
Telephone: 021
3434466
Fax: 021
3434469
Mobile: 079
2102291
Web
site: http://www.vipa.ch
E-mail: info@vipa.ch
WIN
Worldbox No.: CH0001965236
VAT-No.: CHE106733372
Established: 1960
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code (NACE): 4676 Wholesale of other intermediate products
Import/Export: Export
Quality
certification: ISO 9001
Banks: CS Credit Suisse
BCV Banque
Cantonale Vaudoise
UBS Ltd
Coverage: Company
Employees: 40
The company is engaged in the trade in raw
materials for the manufacture of paper and pulp, particularly with old paper.
The annual capacity is 500,000 tons. The company has offices in Bern (CH),
Sewidorf (CH), Italy (Feltre), UK (London) and USA (Chicago).
Information on property ownership was not
available.
Company
No: 550.0.086.652-1 / 249917
Legal
form: Company limited by
shares
Registration: 28.12.1990
Legal
status: active
Responsible
Register: Registre du commerce du canton
de Vaud
History: Date of Statutes:
27.12.1990
Date of
Statutes: 07.12.1995
Entry Deleted Name
active Vipa
Lausanne S.A.
Entry Deleted Legal domicile
active Lausanne,
Switzerland
Entry Deleted Address
active Galeries
Benjamin-Constant 1, 1003 Lausanne/VD, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 100,000, paidup CHF 100,000
Entry Deleted Capital Structure
active 1,000
Registered shares of CHF 100.--
Entry Deleted Activity (original Language)
active Commerce
de matières premières pour l'industrie du papier et du carton, en particulier
de matières premières secondaires (vieux papiers); commerce de papier, carton
et de matières primaires et secondaires en tout genre.
Entry Deleted Remarks (original Language)
active Publishing
authority: Feuille officielle suisse du commerce.
19.12.2013 Note:
L'identification sous le numéro CH-550-0086652-1 est remplacée par le numéro
d'identification des entreprises (IDE/UID) CHE-106.733.372.
Title Name
Director Marc
Ehrlich, Origin: Lausanne, Switzerland, Residential address: Pully,
Switzerland, single signature
Director Rachel
Ehrlich, Origin: Lausanne, Switzerland, Residential address: Pully,
Switzerland, single signature
Title Name
Auditor KPMG SA,
Residential address: Lausanne, Switzerland
Title Name
Chief
Executive Officer Marc
Ehrlich
Name: Vipa holding S.A.
City/Country: Lausanne/VD, Switzerland/CH
No.
of Owner/-s: 1
Owner: The company is domestic
owned.
Class: 100%
Type: direct, Group-Level 1
Name: Vipa holding S.A.
City/Country: Lausanne/VD, Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest
Class: 100%
Name: Retripa Holding SA
City/Country: Crissier/VD, Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest
Control date Year No. Amount CHF Status
08.05.2013 2013 0
08.05.2013 2012 0
08.05.2013 2011 0
08.05.2013 2010 0
08.05.2013 2009 0
08.05.2013 2008 1 6,682.-- Legal actions
24.08.2007 2007 0
24.08.2007 2006 1 5,064.-- Opposition filed
24.08.2007 2005 0
24.08.2007 2004 2 42,455.-- Opposition filed
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.59.20 |
|
|
1 |
Rs.99.52 |
|
Euro |
1 |
Rs.80.83 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NIS |
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.