|
Report Date : |
27.03.2014 |
IDENTIFICATION DETAILS
|
Name : |
P-D
GLASSEIDEN GMBH OSCHATZ |
|
|
|
|
Registered Office : |
Wellerswalder Weg 17 D 04758 Oschatz |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
06.07.1990 |
|
|
|
|
Legal Form : |
Private
limited company |
|
|
|
|
Line of Business : |
Manufacture
of glass fibers |
|
|
|
|
No. of Employees : |
362 |
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 – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
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, has contributed to strong growth 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 5.3% in 2013. The new German government introduced a minimum wage of $11 per hour to take effect in 2015. 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 and 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. 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 |
P-D GLASSEIDEN GMBH OSCHATZ
Company Status: active
Wellerswalder Weg 17
D 04758 Oschatz
Telephone:03435/657-0
Telefax: 03435/622447
Homepage: www.glasseide-oschatz.de
E-mail: info@glasseide-oschatz.de
VAT no.: DE141784662
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 1945
Shareholders'
agreement: 15.06.1990
Registered on: 06.07.1990
Commercial Register: Local court 04275 Leipzig
under: HRB
21085
Share capital: EUR 2,888,800.00
Shareholder:
P-D Management
Industries-Technologies GmbH
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Private
limited company
Share capital: EUR 260,000.00
Share: EUR 2,888,800.00
Registered on: 15.10.1999
Reg. data: 01069 Dresden,
HRB 17752
Manager:
Heinz-Jürgen Preiss-Daimler
geschäftsansässig:
Wilsdruffer Str. 10
D 01723 Grumbach
having sole power of
representation
born: 27.07.1939
Profession: Fully
qualified merchant
Manager:
Hartmut Schwiering
D 98693 Ilmenau
born: 06.11.1948
Marital status: married
Manager:
Stefan Jugel
Bahnhofsring 24 OT Wilsdruff
D 01723 Grumbach
authorized to jointly
represent the company
born: 30.07.1971
Manager:
Jöran Pfuhl
D 01723 Wilsdruff
authorized to jointly
represent the company
born: 07.01.1975
Further functions/participations of
Heinz-Jürgen Preiss-Daimler
geschäftsansässig: (Manager)
Proprietor:
Heinz-Jürgen
Preiss-Daimler
Merseburger Str. 237
D 06130 Halle
Legal form: Unregistered
commercial
enterprise
Proprietor:
Heinz-Jürgen Preiss-Daimler
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Unregistered
commercial
enterprise
Limited partner:
P-D Beteiligungsgesellschaft
mbH & Co.KG
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 10,000.00
contribution:
Share: EUR 10,000.00
Registered
on: 03.01.2014
Reg. data: 01069 Dresden, HRA 9034
Limited partner:
P-D Industrie Holding
GmbH & Co. KG
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 10,000.00
contribution:
Share: EUR 1,000.00
Registered
on: 22.01.2014
Reg. data: 01069 Dresden, HRA 9058
Shareholder:
Ostsee-Ferien GmbH
Bernsteinweg 15
D 18375 Ostseebad Prerow
Legal form: Private limited company
Share capital: EUR 255,700.00
Share: EUR 242,400.00
Registered
on: 14.11.1990
Reg. data: 18439 Stralsund, HRB 2889
Shareholder:
PD Cable-Systems GmbH
Am Gewerbepark 7
D 01723 Grumbach
Legal form: Private
limited company
Share capital: EUR 153,400.00
Share: EUR 122,720.00
Registered
on: 03.01.2000
Reg. data: 01069 Dresden, HRB 18024
Shareholder:
P-D Composites GmbH
Chlorstr. 1
D 06749 Bitterfeld-Wolfen
Legal form: Private
limited company
Share capital: EUR 100,100.00
Share: EUR 70,100.00
Registered
on: 06.06.2002
Reg. data: 39576 Stendal, HRB 213966
Shareholder:
P-D Aircraft Interior Holding GmbH
Chloratstr. 3
D 06749 Bitterfeld-Wolfen
Legal form: Private
limited company
Share capital: EUR 350,000.00
Share: EUR 70,000.00
Registered
on: 16.12.2009
Reg. data: 39576 Stendal, HRB 10140
Shareholder:
P-D Handels- und Service
GmbH
Merseburger Str. 237
D 06130 Halle
Legal form: Private
limited company
Share capital: EUR 122,700.00
Share: EUR 61,700.00
Registered
on: 29.11.1990
Reg. data: 39576 Stendal, HRB 201322
Shareholder:
P-D Management
Industries-Technologies GmbH
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Private
limited company
Share capital: EUR 260,000.00
Share: EUR 26,000.00
Registered
on: 15.10.1999
Reg. data: 01069 Dresden, HRB 17752
Shareholder:
P-D Management Holding
GmbH
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Registered
on: 06.01.2014
Reg. data: 01069 Dresden, HRB 32919
Shareholder:
P-D refractories GmbH
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Private limited company
Share capital: EUR 108,300.00
Share: EUR 20,550.00
Registered
on: 17.10.2008
Reg. data: 01069 Dresden, HRB 27017
Shareholder:
P-D Investment- &
Handels GmbH
Zörbiger Str. 22
D 06749 Bitterfeld-Wolfen
Legal form: Private limited
company
Share capital: EUR 50,000.00
Share: EUR 20,000.00
Registered
on: 03.08.2004
Reg. data: 39576 Stendal, HRB 4504
Shareholder:
P-D Automotive GmbH
Merseburger Str. 237
D 06130 Halle
Legal form: Private
limited company
Share capital: EUR 50,000.00
Share: EUR 15,000.00
Registered
on: 28.09.2011
Reg. data: 39576 Stendal, HRB 17184
Shareholder:
Glashütte Freital GmbH
Dresdner Str. 136
D 01705 Freital
Legal form: Private
limited company
Share capital: EUR 50,000.00
Share: EUR 10,000.00
Registered
on: 09.04.2013
Reg. data: 01069 Dresden, HRB 32125
Manager:
P-D Handels- und Service
GmbH
Merseburger Str. 237
D 06130 Halle
Legal form: Private
limited company
Share capital: EUR 122,700.00
Registered
on: 29.11.1990
Reg. data: 39576 Stendal, HRB 201322
Manager:
P-D INTERGLAS
TECHNOLOGIES GmbH
Benzstr. 14
D 89155 Erbach
Post Box:
11 03, D 89151 Erbach
Legal form: Private
limited company
Share capital: EUR
25,865,900.00
Registered
on: 07.10.2008
Reg. data: 89073 Ulm, HRB 722706
Manager:
Ostsee-Ferien GmbH
Bernsteinweg 15
D 18375 Ostseebad Prerow
Legal form: Private
limited company
Share capital: EUR 255,700.00
Registered
on: 14.11.1990
Reg. data: 18439 Stralsund, HRB 2889
Manager:
P-D Investment- &
Handels GmbH
Zörbiger Str. 22
D 06749 Bitterfeld-Wolfen
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on:
03.08.2004
Reg. data: 39576 Stendal, HRB 4504
Manager:
P-D Industriegesellschaft
mbH
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Private
limited company
Share capital: EUR 5,206,500.00
Registered
on: 12.10.1990
Reg. data: 01069 Dresden, HRB 1052
Manager:
P-D refractories GmbH
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Private
limited company
Share capital: EUR 108,300.00
Registered
on: 17.10.2008
Reg. data: 01069 Dresden, HRB 27017
Manager:
P-D Industriegesellschaft
Stahlbau Calbe mbH
Ringstr. 27-29
D 39240 Calbe
Legal form: Private
limited company
Share capital: EUR 51,000.00
Registered
on: 14.05.2012
Reg. data: 39576 Stendal, HRB 18137
Manager:
P-D Management
Industries-Technologies GmbH
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Private
limited company
Share capital: EUR 260,000.00
Registered
on: 15.10.1999
Reg. data: 01069 Dresden, HRB 17752
Manager:
PD Cable-Systems GmbH
Am Gewerbepark 7
D 01723 Grumbach
Legal form: Private
limited company
Share capital: EUR 153,400.00
Registered
on: 03.01.2000
Reg. data: 01069 Dresden, HRB 18024
Manager:
P-D Management Holding
GmbH
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 06.01.2014
Reg. data: 01069 Dresden, HRB 32919
Manager:
Epsilon Grundstücksverwaltungsgesellschaft
mbH
Benzstr. 14
D 89155 Erbach
Legal form: Private
limited company
Share capital: EUR 25,564.59
Registered
on: 09.01.2014
Reg. data: 89073 Ulm, HRB 730213
Manager:
P-D Composites GmbH
Chlorstr. 1
D 06749 Bitterfeld-Wolfen
Legal form: Private
limited company
Share capital: EUR 100,100.00
Registered
on: 06.06.2002
Reg. data: 39576 Stendal, HRB 213966
Manager:
P-D Aircraft Interior
GmbH
Chloratstr. 3
D 06749 Bitterfeld-Wolfen
Legal form: Private
limited company
Share capital: EUR 300,000.00
Registered
on: 27.10.2009
Reg. data: 39576 Stendal, HRB 9832
Manager:
P-D Aircraft Interior
Holding GmbH
Chloratstr. 3
D 06749 Bitterfeld-Wolfen
Legal form: Private
limited company
Share capital: EUR 350,000.00
Registered
on: 16.12.2009
Reg. data: 39576 Stendal, HRB 10140
Manager:
Glashütte Freital GmbH
Dresdner Str. 136
D 01705 Freital
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 09.04.2013
Reg. data: 01069 Dresden, HRB 32125
Member of the Supervisory Board:
Infrastrukturgesellschaft
Bitterfeld-Wolfen
(ISG) mit beschränkter
Haftung
Chemieparkstr. 7
D 06749 Bitterfeld-Wolfen
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 09.12.1998
Reg. data: 39576 Stendal, HRB 15190
Further functions/participations of Hartmut
Schwiering (Manager)
Manager:
P-D Industriegesellschaft
mbH
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Private
limited company
Share capital: EUR 5,206,500.00
Registered
on: 12.10.1990
Reg. data: 01069 Dresden, HRB 1052
Further functions/participations of Stefan
Jugel (Manager)
General partner:
Genesis Komplettlösungen
und Vollservice OHG
Tegeler Weg 10
D 10589 Berlin
Legal form: General
Partnership
Registered
on: 03.01.2002
Reg. data: 14057 Berlin, HRA 32827
General partner:
Fastex Sigma OHG
Richard-Sorge-Str. 36
D 10249 Berlin
Legal form: General
Partnership
Registered
on: 25.05.2001
Reg. data: 14057 Berlin, HRA 32234
Limited partner:
P-D Industrie Holding
GmbH & Co. KG
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 10,000.00
contribution:
Share: EUR 400.00
Registered
on: 22.01.2014
Reg. data: 01069 Dresden, HRA 9058
Shareholder:
P-D Management Industries-Technologies
GmbH
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Private
limited company
Share capital: EUR 260,000.00
Share: EUR 10,400.00
Registered
on: 15.10.1999
Reg. data: 01069 Dresden, HRB 17752
Shareholder:
Glashütte Freital GmbH
Dresdner Str. 136
D 01705 Freital
Legal form: Private
limited company
Share capital: EUR 50,000.00
Share: EUR 10,000.00
Registered
on: 09.04.2013
Reg. data: 01069 Dresden, HRB 32125
Manager:
P-D Industriegesellschaft
mbH
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Private
limited company
Share capital: EUR 5,206,500.00
Registered
on: 12.10.1990
Reg. data: 01069 Dresden, HRB 1052
Manager:
P-D Management
Industries-Technologies GmbH
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Private
limited company
Share capital: EUR 260,000.00
Registered
on: 15.10.1999
Reg. data: 01069 Dresden, HRB 17752
Manager:
P-D Management Holding
GmbH
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 06.01.2014
Reg. data: 01069 Dresden, HRB 32919
Manager:
Glashütte Freital GmbH
Dresdner Str. 136
D 01705 Freital
Legal form: Private
limited company
Share capital: EUR 50,000.00
Registered
on: 09.04.2013
Reg. data: 01069 Dresden, HRB 32125
Further functions/participations of Jöran
Pfuhl (Manager)
Limited partner:
P-D Industrie Holding
GmbH & Co. KG
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Ltd
partnership with priv. ltd.
company as general partner
Total cap. EUR 10,000.00
contribution:
Share: EUR 400.00
Registered
on: 22.01.2014
Reg. data: 01069 Dresden, HRA 9058
Shareholder:
P-D Management
Industries-Technologies GmbH
Wilsdruffer Str. 11
D 01723 Grumbach
Legal form: Private
limited company
Share capital: EUR 260,000.00
Share: EUR 10,400.00
Registered
on: 15.10.1999
Reg. data: 01069 Dresden, HRB 17752
04.03.1998 - 27.08.2004 Ilmenauer Glasmaschinenbau GmbH (AG
Meiningen HRB 142)
Langewiesener Str. 16
D 98693 Ilmenau
Private limited
company
02.06.2009 - 22.05.2012 Manager
Stefan Alexander
Preiss-Daimler
D 01067 Dresden
Main industrial sector
2314
Manufacture of glass fibers
Secondary industrial sector
25735
Manufacture of other tools
28290 Manufacture of other general-purpose
machinery
71129 Other engineering activities
Branch:
P-D Glasseiden GmbH
Oschatz Ilmenauer
Glasmaschinenbau
Langewiesener Str. 16
D 98693 Ilmenau
TEL.: 03677/6020
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
Type of ownership: proprietor
Share: 100.00 %
Address Wellerswalder
Weg 17
D 04758 Oschatz
Type of ownership: proprietor
Share: 100.00 %
Address Borkenstr.
10
D 17358 Torgelow
Type of ownership: proprietor
Share: 100.00 %
Address Langewiesener
Str. 16
D 98693 Ilmenau
Real Estate of: Hartmut
Schwiering
Type of ownership: proprietor
Share: 100.00 %
Address Eweskamp
10
D 32425 Minden
Value at selling price: EUR 153,000.00
Real Estate of: Stefan
Jugel
Type of ownership: unknown
Address Bahnhofsring
24 OT Wilsdruff
D 01723 Grumbach
Land register documents were not available.
COMMERZBANK, 01001 DRESDEN
Sort. code: 85040000
BIC: COBADEFF850
Financial year: 01.01. - 31.12.
Turnover: 2012 EUR 70,000,000.00
2013 EUR 70,000,000.00
further business figures:
Share capital: EUR 2,888,800.00
Equipment: EUR 16,664,478.00
Ac/ts receivable: EUR 6,424,231.00
Liabilities: EUR 5,483,713.00
Real estate of the
firm: EUR 8,345,370.00
Employees:
372
- thereof permanent
staff: 362
- Trainees:
10
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.17 |
|
|
1 |
Rs.99.39 |
|
Euro |
1 |
Rs.83.09 |
INFORMATION DETAILS
|
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.