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Report No. : |
334052 |
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Report Date : |
04.08.2015 |
IDENTIFICATION DETAILS
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Name : |
TRANSAMINE TRADING SA |
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Registered Office : |
23, Ferdinand-Hodler, 1207 Genève/GE |
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Country : |
Switzerland |
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Year of Establishment : |
1953 |
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Com. Reg. No.: |
660.1.997.006-9 |
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Legal Form : |
Company Limited by Shares |
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Line of Business : |
The business activités includes trading in
commodities, specializing in non-ferrous raw materials. Products:
Copper, Silver, Gold, Lead, Zinc, Tin, Nickel and Cobalt. |
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No. of Employees : |
10 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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 demand for Swiss exports, and put
Switzerland into a recession. During this period the Swiss National Bank (SNB)
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 unfolding in neighboring euro-zone countries,
however, coupled with ongoing economic instability in Russia and other eastern
European economies continues to pose a significant risk to the Swiss economy,
driving up demand for the Swiss franc by investors seeking a safe-haven
currency. In January of 2015, the SNB abandoned the Swiss franc’s peg to the
Euro, roiling global currency markets and making active SNB intervention a
necessary hallmark of present-day Swiss monetary policy. 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. In recent
years, Switzerland has responded to increasing pressure from neighboring
countries and trading partners, including the EU, the US, and international
institutions to reform its banking secrecy laws. In response to that
international pressure, the Swiss government has agreed to conform to OECD
regulations on administrative assistance in tax matters, including tax evasion.
The Swiss government has also renegotiated its double taxation agreements with
numerous countries, including the US, to incorporate OECD standards, while
openly considering the possibility of imposing taxes on bank deposits held by
foreigners.
|
Source
: CIA |
TRANSAMINE TRADING SA
Operating address:
23,
Ferdinand-Hodler
1207 Genève/GE
Switzerland/CH
Telephone: 022
7700000
Fax: 022
7700019
Web
site: http://www.transamine-trading.com
E-mail: transamine@transamine-trading.com
WIN
Worldbox No.: CH0007242683
VAT-No.: CHE-113.083.763 MWST
UID-No.: CHE113083763
Established: 1953
Line
of Business: Trade brokers
Industry
Division: Wholesale trade
Industry-code (NACE): 4612 Agents involved in the sale of fuels,
ores, metals and industrial chemicals
Import/Export: Agency
Banks: unknown
Coverage: Company
Figures: estimated
Financial year: 2015
Employees: 10
Sales: CHF
6-8 Mio
The business activities
includes trading in commodities, specializing in non-ferrous raw materials. Products: Copper,
Silver, Gold, Lead, Zinc, Tin, Nickel and Cobalt.
Further Locations worldwide: New York/US,
Mexico/MX, Lima/PE, Santiago/CL, Sofia/BG, Johannesburg/ZA, Saint
Petersburg/RU, New Delhi/IN, Hong Kong/CN, Shanghai/CN, Queensland/AU.
Real
Estate: The company does
not appear to own any property.
Company
No: 660.1.997.006-9
UID-No.: CHE113083763
Legal
form: Company limited by
shares
Registration: 31.08.2006
Legal status: active
Responsible Register: Registre du commerce du canton de Genève
History: Date
of Statutes: 17.02.2015
Date
of Statutes: 17.01.2008
Date
of Incorporation Statutes: 29.08.2006
Entry Deleted Name
31.08.2006 Transamine
Trading SA
Entry Deleted Legal domicile
31.08.2006 Genève,
Switzerland
Entry Deleted Address
23.01.2008 Ferdinand-Hodler
23, 1207 Genève/GE, Switzerland/CH
31.08.2006 23.01.2008 c/o De Pfyffer & Associés, Rue
François-Bellot 6, 1200 Genève/GE, Switzerland/CH
Entry Deleted Capital
23.01.2008 Share
Capital CHF 10,000,000, paidup CHF 10,000,000
Entry Deleted Capital Structure
23.01.2008 10,000
Registered shares of CHF 1,000.--
Title Name
President Alexandre
Montavon
Citizen: Boécourt,
Switzerland
Residential
address: Genève/GE, Switzerland
single signature
Registered
since: 31.08.2006
Director Jean-Pierre
Adamian
Citizen:
France
Residential
address: Chêne-Bougeries, Switzerland
single
signature
Registered
since: 19.10.2006
Title Name
Auditor PricewaterhouseCoopers
SA
Residential
address: Genève, Switzerland
Id: CH-660-1784998-4
Registered
since: 09.04.2009
Owner: The
company is privately owned.
Class: 50-100%
Type: direct
Name: Jean-Pierre
Adamian
City/Country: Chêne-Bougeries/GE,
Switzerland/CH
Class: 10-19%
Name: KAGARA LTD
City/Country: Perth/Western Australia,
Australia/AU
Interest: 11,50%
voting right, 11,50% capital interest (since 02.02.2009)
Class: 10-19%
Name: TERRAMIN
AUSTRALIA LIMITED
City/Country: Adelaide/SA,
Australia/AU
Interest: 10,40%
voting right, 10,40% capital interest (since 30.03.2009)
Class: 0-9%
Name: DML Discovery Metals
Ltd
City/Country: Brisbane,
Australia/AU
Interest: 8,00%
voting right, 8,00% capital interest
Balance sheet
publication:
The subject company
does not publish balance sheet or turnover figures.
Control date Year No. Amount CHF Status
25.01.2013 2013 0 Legal
actions
31.12.2012 2012 0 Legal
actions
31.12.2011 2011 0 Legal
actions
31.12.2010 2010 0 Legal
actions
Official bankruptcy
reports:
No bankruptcy publications
available on the subject.
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.
The company is not
listed in the WorldCompliance database.
Payment experiences
from pre-legal collection cases:
No payment experiences
from pre-legal collection cases are available.
Payment experiences
from collection cases:
No payment experiences from
legal collection cases are available.
Mode of payment /
Business conduct:
There are no complaints
about the mode of payment and the business conduct.
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.63.96 |
|
|
1 |
Rs.99.93 |
|
Euro |
1 |
Rs.70.16 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
NIT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
|
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
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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.