|
Report Date : |
31.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
VOESTALPINE BÖHLER WELDING GERMANY GMBH |
|
|
|
|
Registered Office : |
Unionstr. 1, D 59067 Hamm |
|
|
|
|
Country : |
Germany |
|
|
|
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Date of Incorporation : |
1996 |
|
|
|
|
Legal Form : |
Private Limited Company |
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|
|
|
Line of Business : |
·
Manufacture
of metal forming machinery ·
Wholesale
of other machinery, equipment and supplies ·
Wholesale
of tools and hardware |
|
|
|
|
No of Employees : |
Not Available |
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 – 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, 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 |
VOESTALPINE BÖHLER WELDING GERMANY GMBH
Company Status: active
Unionstr. 1
D 59067 Hamm
Telephone:02381/27101
Telefax:
02381/271522
E-mail:
info@boehler-thyssen.com
VAT
no.: DE812113327
Tax
ID number: 122/5703/1341
Business relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 1996
Begin of business
activities: 1996
Shareholders'
agreement: 16.09.1996
Registered on: 02.10.1996
Commercial Register: Local court 59065 Hamm
under: HRB 2136
Share capital: EUR 14,000,000.00
Shareholder:
voestalpine Böhler
Welding Group GmbH
Peter-Müller-Str. 14-14a
D 40468 Düsseldorf
Legal form: Private
limited company
Share capital: EUR
21,000,000.00
Share: EUR 14,000,000.00
Registered on: 18.05.2005
Reg. data: 41460 Neuss,
HRB 13393
Profit transfer agreement
Manager:
Reinhold Rohde
Hubertusstr. 4
D 59071 Hamm
born: 31.01.1948
Profession: Fully
qualified management
expert
Manager:
Johannes Lambertus Petrus
Hilkes
D 48317 Drensteinfurt
born: 02.07.1957
Manager:
Bernhard Riegler
A Wien
born: 17.07.1974
Nationality: Austrian
Proxy:
Udo Krug
Uhrbrookring 40 b
D 21502 Geesthacht
authorized to jointly
represent the company
born: 14.03.1954
Marital status: married
Proxy:
Wolfgang Lisken
Albert-Einstein-Str. 59
D 59069 Hamm
authorized to jointly
represent the company
born: 17.05.1957
Profession: Businessman
Marital status: married
Proxy:
Norbert Kallenbach
Dambergskamp 44
D 59071 Hamm
authorized to jointly
represent the company
born: 19.04.1963
Proxy:
Thorge Peters
In der Wöste 38
D 59073 Hamm
authorized to jointly
represent the company
born: 28.03.1974
Proxy:
Michael Semar
D 21502 Geesthacht
authorized to jointly
represent the company
born: 22.10.1953
Proxy:
Klaus Buch
D 44135 Dortmund
authorized to jointly
represent the company
born: 12.10.1966
Proxy:
Jürgen Ohlsen
D 79280 Au
authorized to jointly
represent the company
born: 03.10.1949
Profession: Fully
qualified merchant
Proxy:
Margrit Müllers
D 79189 Bad Krozingen
authorized to jointly
represent the company
born: 21.03.1965
Proxy:
Gundula Schulte-Kringel
D 59514 Welver
authorized to jointly
represent the company
born: 01.01.1967
Proxy:
Andreas Kupka
Eifelstr. 21
D 48151 Münster
authorized to jointly
represent the company
born: 08.06.1971
Proxy:
Thomas Vallant
A Graz
authorized to jointly
represent the company
born: 05.06.1970
Nationality: Austrian
Further
functions/participations of Reinhold Rohde (Manager)
Manager:
voestalpine Böhler
Welding Group GmbH
Peter-Müller-Str. 14-14a
D 40468 Düsseldorf
Legal form: Private
limited company
Share capital: EUR
21,000,000.00
Registered
on: 18.05.2005
Reg. data: 41460 Neuss, HRB 13393
Further functions/participations of Johannes
Lambertus Petrus
Hilkes (Manager)
President of the Board of Directors:
Schweißelektroden-Vereinigung
Kaiserswerther Str. 137
D 40474 Düsseldorf
Post Box:
30 02 52, D 40402
Düsseldorf
Legal form: Registered
association
Registered
on: 24.02.1948
Reg. data: 40227 Düsseldorf, VR 4181
Member of the Board of Directors:
WSM Wirtschaftsverband
Stahl- und
Metallverarbeitung e.V.
Goldene Pforte 1
D 58093 Hagen
Legal form: Registered association
Registered
on: 17.12.1964
Reg. data: 58097 Hagen, VR 1153
1996 - 01.01.2002 Thyssen Schweißtechnik Deutschland GmbH
Wilhelmstr. 2
D 59067 Hamm
Private limited
company
2002 - 01.01.2003 Thyssen Schweißtechnik Deutschland GmbH
Unionstr. 1
D 59067 Hamm
Private limited
company
01.01.2003 - 13.09.2013 Böhler Schweisstechnik Deutschland GmbH
Unionstr. 1
D 59067 Hamm
Private limited
company
01.10.2008 - 02.05.2014 Manager
Jürgen Ohlsen
D 79280 Au
28.04.2010 - 12.02.2014 Manager
Peter Karol Sergej
Puschkarski
D 40667 Meerbusch
Main industrial sector
28410
Manufacture of metal forming machinery
4669
Wholesale of other machinery, equipment and supplies
Secondary industrial sector
46741
Wholesale of tools and hardware
Works:
voestalpine Böhler
Welding Germany GmbH
Hansaallee 321
D 40549 Düsseldorf
TEL.: 0211/5378-0
FAX.: 0211/5378-426
Works:
voestalpine Böhler Welding
Germany GmbH
Hafenstr. 21
D 59067 Hamm
TEL.: 02381/27101
FAX.: 02381/271522
Branch:
voestalpine Böhler
Welding Germany GmbH
Elsäßer Str. 10
D 79189 Bad Krozingen
Reg. entry: 09.12.2008
Payment experience: cash discount/within agreed terms
Negative information:We have no negative
information at hand.
Type of ownership: Tenant
Address Unionstr. 1
D 59067 Hamm
Real Estate of: voestalpine Böhler Welding Group GmbH
Type of ownership: Tenant
Address Peter-Müller-Str. 14-14a
D 40468 Düsseldorf
Land register documents were not available.
Principal bank
COMMERZBANK, 59003 HAMM, WESTF
Sort. code: 41040018
BIC: COBADEFFXXX
Further bank
DEUTSCHE
BANK, 59003 HAMM, WESTF
Sort. code: 41070049
BIC: DEUTDEDE410
Financial year: 01.04. - 31.03.
Share capital: EUR 14,000,000.00
The
number of employees is not known.
Profit
transfer agreement to:
voestalpine Böhler
Welding Group GmbH
Peter-Müller-Str. 14-14a
D 40468 Düsseldorf
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.46 |
|
|
1 |
Rs.98.21 |
|
Euro |
1 |
Rs.77.45 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
TPT |
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.