|
Report Date : |
18.09.2014 |
IDENTIFICATION DETAILS
|
Name : |
STIERLI BIEGER AG |
|
|
|
|
Registered Office : |
Schellenrain 1 6210 Sursee (Post)/LU Switzerland/CH |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
04.11.1988 |
|
|
|
|
Com. Reg. No.: |
100.3.010.059-8 / 185632 |
|
|
|
|
Legal Form : |
Company limited by shares |
|
|
|
|
Line of Business : |
Manufacture of metal forming machinery |
|
|
|
|
No. of Employees |
20 |
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 |
|
Payment Behaviour : |
Unknown |
|
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) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SWITZERLAND ECONOMIC OVERVIEW
Switzerland is a peaceful,
prosperous, and modern market economy with low unemployment, a highly skilled
labor force, and a per capita GDP among the highest in the world. Switzerland's
economy benefits from a highly developed service sector, led by financial
services, and a manufacturing industry that specializes in high-technology,
knowledge-based production. Its economic and political stability, transparent
legal system, exceptional infrastructure, efficient capital markets, and low
corporate tax rates also make Switzerland one of the world's most competitive
economies. The Swiss have brought their economic practices largely into
conformity with the EU's to enhance their international competitiveness, but
some trade protectionism remains, particularly for its small agricultural
sector. The fate of the Swiss economy is tightly linked to that of its neighbors
in the euro zone, which purchases half of all Swiss exports. The global
financial crisis of 2008 and resulting economic downturn in 2009 stalled export
demand and put Switzerland in a recession. The Swiss National Bank (SNB) during
this period effectively implemented a zero-interest rate policy to boost the
economy as well as prevent appreciation of the franc, and Switzerland's economy
began to recover in 2010. The sovereign debt crises currently unfolding in
neighboring euro-zone countries pose a significant risk to Switzerland's
financial stability and are driving up demand for the Swiss franc by investors
seeking a safe-haven currency. The independent SNB has upheld its zero-interest
rate policy and conducted major market interventions to prevent further
appreciation of the Swiss franc, but parliamentarians have urged it to do more
to weaken the currency. The franc's strength has made Swiss exports less
competitive and weakened the country's growth outlook; GDP growth fell below 2%
per year during 2011-13. Switzerland has also come under increasing pressure
from individual neighboring countries, the EU, the US, and international
institutions to reform its banking secrecy laws. Consequently, the government
agreed to conform to OECD regulations on administrative assistance in tax
matters, including tax evasion. The government has renegotiated its double
taxation agreements with numerous countries, including the US, to incorporate
the OECD standard, and is considering the possibility of imposing taxes on bank
deposits held by foreigners. These steps will have a lasting impact on
Switzerland's long history of bank secrecy
|
Source
: CIA |
STIERLI BIEGER AG
Schellenrain 1
6210 Sursee
(Post)/LU
Switzerland/CH
Telephone: 041
9202055
Fax: 041
9202455
Web
site: http://www.stierli-bieger.com
E-mail: sales@stierli-bieger.com
WIN
Worldbox No.: CH0001540243
VAT-No.: CHE108760204
Established: 1988
Line
of Business: Machinery
Industry
Division: Manufacturing
Industry-code (NACE): 2841 Manufacture of metal forming machinery
Import/Export: Import, Export
Export
sales: 80,0%
Quality
certification: ISO 9001:2000
Banks: unknown
Coverage: Company
Figures: estimated
Employees: 20
The business area contains the production of
horizontal bending and straightening machines and turning devices. The company
is world leader and the customer base includes industry, the metal processing
industry and leading steel producers, machinery-, ship- and rail manufacturer.
Information on property ownership was not
available.
Company
No: 100.3.010.059-8 /
185632
Legal
form: Company limited
by shares
Registration: 04.11.1988
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Luzern
History: Date of Statutes:
28.06.1997
Date of
Incorporation Statutes: 02.11.1988
Entry Deleted Name
active Stierli
Bieger AG
Entry Deleted Legal domicile
active Oberkirch,
Switzerland
Entry Deleted Address
active Schellenrain
1, 6210 Sursee (Post), Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 100,000, paidup CHF 100,000
Entry Deleted Capital Structure
active 100
Registered shares of CHF 1,000.--
Title Name
Director Thomas
Stierli, Origin: Sursee, Aristau, Switzerland, Residential address: 6362
Stansstad/NW, Switzerland, single signature
Title Name
Member
with signing authority André
Burkard, Origin: Schenkon, Switzerland, Residential address: Beromünster,
Switzerland, joint signature of two, Registered since: 27.02.2014
Member
with signing authority Raffaella
D'Amore Stierli, Origin: Italy, Residential address: Schenkon, Switzerland,
joint signature of two, Registered since: 27.02.2014
Title Name
Auditor Partner
Treuhand AG, Sursee, Residential address: Sursee, Switzerland
Title Name
Chief
Executive Officer Thomas
Stierli
Name: Rato Holding AG
City/Country: Schenkon/LU, Switzerland/CH
No.
of Owner/-s: 1
Owner: The company is domestic
owned.
Class: 100%
Type: direct, Group-Level
1
Name: Rato Holding AG
City/Country: Schenkon/LU, Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest (since 06.12.2007)
Name: Rato Immo AG
City/Country: Schenkon/LU, Switzerland/CH
It is believed that the company has no
investments.
An updated legal action check is only
available against proof of interest. e.g. a copy of an enquiry letter, and
order or invoice relating to the subject company.
Financial
Statements: The company does not
disclose any financial statements. Third parties are not permitted any insight
into the financial affairs. It is therefore difficult to make a proper
assessment of the actual situation.
Financial
Situation: The financial situation
is difficult to assess.
Payment
experiences: There are no objections
regarding the payment of financial obligations.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.95 |
|
|
1 |
Rs.99.32 |
|
Euro |
1 |
Rs.78.96 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
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.