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Report Date : |
21.05.2014 |
IDENTIFICATION DETAILS
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Name : |
ROMET INTERNATIONAL LIMITED |
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Registered Office : |
1080 Matheson Blvd, Ste E, Mississauga, Ontario L4W 2V2 |
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Country : |
United States |
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Date of Incorporation : |
28.09.1979 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
Subject is engaged in manufacture of industrial/commercial positive
displacement rotary gas meters, electronic volume instrumentation and
auxiliary equipment for the gas industry. |
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No of Employees : |
20 (for the company) and 70 (for the group) |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 – September 30, 2013
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Country Name |
Previous Rating (30.09.2013) |
Current Rating (01.12.2013) |
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Canada |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderate Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderate High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
CANADA - ECONOMIC OVERVIEW
As a high-tech industrial society in the trillion-dollar
class, Canada resembles the US in its market-oriented economic system, pattern of
production, and high living standards. Since World War II, the impressive
growth of the manufacturing, mining, and service sectors has transformed the
nation from a largely rural economy into one primarily industrial and urban.
The 1989 US-Canada Free Trade Agreement (FTA) and the 1994 North American Free
Trade Agreement (NAFTA) (which includes Mexico) touched off a dramatic increase
in trade and economic integration with the US, its principal trading partner.
Canada enjoys a substantial trade surplus with the US, which absorbs about
three-fourths of Canadian merchandise exports each year. Canada is the US's
largest foreign supplier of energy, including oil, gas, uranium, and electric
power. Given its abundant natural resources, highly skilled labor force, and
modern capital plant, Canada enjoyed solid economic growth from 1993 through
2007. Buffeted by the global economic crisis, the economy dropped into a sharp
recession in the final months of 2008, and Ottawa posted its first fiscal
deficit in 2009 after 12 years of surplus. Canada's major banks, however,
emerged from the financial crisis of 2008-09 among the strongest in the world,
owing to the financial sector's tradition of conservative lending practices and
strong capitalization. Canada achieved marginal growth in 2010-13 and plans to
balance the budget by 2015. In addition, the country's petroleum sector is
rapidly expanding, because Alberta's oil sands significantly boosted Canada's
proven oil reserves. Canada now ranks third in the world in proved oil reserves
behind Saudi Arabia and Venezuela.
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Source
: CIA |
Company name: ROMET INTERNATIONAL LIMITED
Address: 1080 Matheson Blvd, Ste E,
Mississauga, Ontario L4W 2V2 – USA
Telephone: +1
905-624-1591
Fax: +1 905-624-5668
Website: www.rometlimited.com
ON-000425933
Ontario
Corporation – Profit
09-28-1979
-
-
Richard GRZESLO
Business:
Romet International Limited is a sales/distributor and exporter of Romet
Limited products.
Romet Limted is a world leader in the manufacture of
industrial/commercial positive displacement rotary gas meters, electronic
volume instrumentation and auxiliary equipment for the gas industry.
The Company exports mainly to South and Central America.
Staff: 20 (for the company) and 70 (for the group)
Operations & branches:
At the headquarters, we
find the factory, warehouse and office of the parent company.
Shareholders:
ROMET LIMITED
1080 Matheson Blvd, Ste E, Mississauga, Ontario L4W 2V2
Incorporated in Ontario on December 8, 1972
ID# ON-000263916
Management:
Richard GRZESLO is the
President of the group.
Subsidiaries And partnership: None
In United States, privately
held corporations are not required to publish any financials.
On a direct call, a
financial assistant controlled the present report.
Consolidate sales declared
for year 2013 is in the range of CAD 18 million.
The business is profitable.
Banks: Royal Bank of Canada
…
Legal filings & complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None