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Report Date : |
21.05.2014 |
IDENTIFICATION DETAILS
|
Name : |
BRÜCKNER SERVTEC
GMBH |
|
|
|
|
Registered Office : |
Königsberger Str. 5-7, D 83313 Siegsdorf |
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|
|
|
Country : |
Germany |
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|
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Date of Incorporation : |
22.03.1979 |
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|
|
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Com. Reg. No.: |
HRB 2377 |
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|
|
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Legal Form : |
Private Limited Company |
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Line of Business : |
Engaged in
Providing Lifecycle, Productivity, Value & Remote Services Lifecycle Services ·
Personnel Service Spare Parts Inspection & Retrofit Productivity Services ·
Automation & Electrical Upgrades Direct Drives Thickness Gauging & Control Training at Brückner Academy Value Services · Consulting Energy Consumption Film Quality Conditioning Monitoring Remote
Services Service Agreements Remote Service Tools |
|
|
|
|
No of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
Status : |
Moderate |
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|
|
|
Payment Behaviour : |
Unknown |
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|
|
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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) |
|
Germany |
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 |
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 |
Brückner ServTec GmbH
Königsberger Str. 5-7
D 83313 Siegsdorf
Telephone: 08662/63-0
Telefax: 08662/63-9370
Homepage: www.brueckner.de
E-mail: servtec@brueckner.de
DE131558316
163/115/10170
active
Business relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 22.03.1979
Shareholders'
agreement: 22.03.1979
Registered on: 27.02.1980
Commercial Register: Local
court 83278 Traunstein
under: HRB 2377
Share capital:
EUR 100,000.00
Brückner Group GmbH
Königsberger Str. 5-7
D 83313 Siegsdorf
Post Box:
1264, D 83310 Siegsdorf
Legal form: Private limited company
Share capital: EUR 15,400,000.00
Share: EUR 100,000.00
Registered on: 09.10.1995
Reg. data: 83278 Traunstein, HRB 9697
Werner Bamberger
D 83278 Traunstein
authorized to jointly represent the company
born: 05.09.1952
Manager:
Uwe
Thönniss
D
83339 Chieming
authorized
to jointly represent the company
born:
24.05.1959
Winfried Renner
D 83324 Ruhpolding
authorized to jointly represent the company
born: 07.06.1955
Further
functions/participations of Werner Bamberger (Manager)
Proxy:
Brückner Maschinenbau Verwaltungs GmbH
Königsberger Str. 5-7
D
83313 Siegsdorf
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 16.10.2006
Reg.
data: 83278 Traunstein, HRB 17281
22.03.1979 -
17.12.2002 ITS Außenhandels GmbH
Königsberger Str. 5-7
D 83313 Siegsdorf
Private limited
company
Engaged in
Providing Lifecycle, Productivity, Value & Remote Services
Lifecycle Services
·
Personnel Service
Spare Parts
Inspection & Retrofit
Productivity Services
·
Automation & Electrical Upgrades
Direct Drives
Thickness Gauging & Control
Training at Brückner Academy
Value Services
· Consulting
Energy
Consumption
Film
Quality
Conditioning
Monitoring
Remote Services
Service
Agreements
Remote
Service Tools
Payment experience: cash
discount/within agreed terms
Negative information: We
have no negative information at hand.
Type of ownership: Tenant
Address Königsberger Str. 5-7
D 83313 Siegsdorf
Land register documents were not available.
UNICREDIT BANK - HYPOVEREINSBANK, 83261 TRAUNSTEIN, OBERBAY
Sort. code: 71022182
BIC: HYVEDEMM453
Financial year: 01.01.
- 31.12.
Share capital: EUR 100,000.00
The number of employees is not known.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.58.75 |
|
UK Pound |
1 |
Rs.98.77 |
|
Euro |
1 |
Rs.80.53 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.