MIRA INFORM REPORT

 

 

 

Report Date :

27.11.2014

 

IDENTIFICATION DETAILS

 

Name :

JÖRG GRONDKE

 

 

Registered Office :

Kessemeierweg 8, D 32756 Detmold

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2012

 

 

Date of Incorporation :

01.05.2009

 

 

Legal Form :

Unregistered commercial enterprise

 

 

Line of Business :

Subject is engaged in business and management consultancy activities.

 

 

No. of Employees :

02

 

 

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 – June 1, 2014

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

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, contributed to strong growth in 2006 and 2007 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 6.5% in 2012. GDP contracted 5.1% in 2009 but grew by 4.2% in 2010, and 3.0% in 2011, before dipping to 0.7% in 2012 - a reflection of low investment spending due to crisis-induced uncertainty and the decreased demand for German exports from recession-stricken periphery countries. 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. 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. By 2014, the federal government wants to balance its budget. 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

 

Company name & address

 

JÖRG GRONDKE

 

 Company Status:         active

                                    Kessemeierweg 8

                                    D 32756 Detmold

                                    Telephone: 0523/1565893

                                    Homepage: www.bgfsolution.com

                                    E-mail:   jorg.grondke@bgfsolution.com

 

 Trade name:                 Biogas Fair Solution

 

 

CONCLUSION

 

 Business relations are permissible.

 

 

LEGAL FORM          

 

Unregistered commercial enterprise

 

Date of foundation:  01.05.2009

 

Proprietor:

                      Jörg Grondke

                      Auf der Howe 29

                      D 32758 Detmold

 

 

 BUSINESS ACTIVITIES

 

 Main industrial sector

 70220   Business and other management consultancy activities

 

 Secondary industrial sector

 96090   Other service activities n. e. c.

 

 

Payment experience

 

Slow


Negative information

 

At present we have no negative information at hand.

 

 

REAL ESTATE

 

Type of ownership:        Tenant

Address                         Kessemeierweg 8

                                     D 32756 Detmold

 

 Land register documents were not available.

 

 

BANKERS

 

 A bank connection is unknown.

 

 

FINANCIAL FIGURES

 

 Financial year:                             01.01. - 31.12.2012

 Turnover:                                     *EUR            245,000.00

 Equipment:                                 *EUR             14,000.00

 Ac/ts receivable:                            *EUR             43,000.00

 Liabilities:                                      *EUR             86,000.00

 Employees:                                                                             2

 

 The business figures marked with an asterisk are estimates based on average values in the line of business.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.661.87

UK Pound

1

Rs.97.23

Euro

1

Rs.77.21

 

 

INFORMATION DETAILS

 

Report Prepared by :

NIT

 

 

 

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