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Report No. : |
336783 |
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Report Date : |
12.08.2015 |
IDENTIFICATION DETAILS
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Name : |
ROYAL JEWELLERS S.C. Janusz Adamczyk, i Joanna Adamczyk |
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Registered Office : |
ul. Powstańców Śląskich 6, 43-300 Bielsko-Biała |
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Country : |
Poland |
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Date of Incorporation : |
28.12.2007 |
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Legal Form : |
Partnership Concern |
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Line of Business : |
· Wholesale and retail sale of jewelry · Wholesaler of watches, clocks and jewelry |
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No. of Employees : |
01 to 09 Employees (2010) |
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 30th, 2013
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Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
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Poland |
B1 |
B1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Poland - ECONOMIC OVERVIEW
Poland has pursued a policy of economic liberalization since 1990 and
Poland's economy was the only one in the European Union to avoid a recession
through the 2008-09 economic downturn. Although EU membership and access to EU
structural funds have provided a major boost to the economy since 2004, GDP per
capita remains significantly below the EU average while unemployment continues
to exceed the EU average. The government of Prime Minister Donald TUSK steered
the Polish economy through the economic downturn by skillfully managing public
finances without stifling economic growth and adopted controversial pension and
tax reforms to further shore up public finances. While the Polish economy has
performed well over the past five years, growth slowed in 2012, in part due to
the ongoing economic difficulties in the euro zone. The key policy challenge is
to provide support to the economy through monetary easing, while maintaining
the pace of structural fiscal consolidation. Poland's economic performance
could improve over the longer term if the country addresses some of the
remaining deficiencies in its road and rail infrastructure and its business
environment. An inefficient commercial court system, a rigid labor code, red
tape, and a burdensome tax system keep the private sector from realizing its
full potential.
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Source : CIA |
ROYAL JEWELLERS S.C. Janusz Adamczyk i Joanna Adamczyk
ul. Powstańców Śląskich 6
43-300 Bielsko-Biała
Mobile phone: 512 045001
E-mail: joanna@royaljewellers.eu
Website: www.royaljewellers.eu
Legal form Partnership
Stat.no. 240799684
Tax ID PL 5472081847
Establishment 28.12.2007
Registration: Joanna
Sylwia Adamczyk 04.01.2012 Central Business Activity
Registration and Information Office Tax ID
5472082545
Janusz Antoni Adamczyk 16.12.2011 Central
Business Activity
Registration and Information Office Tax ID
5472051467
Data
concerning previous registrations:
Janusz Antoni Adamczyk 01.08.2006 Municipal
Office Bielsko-Biała No. 58759
Joanna Sylwia Adamczyk 14.01.2008 Municipal
Office Bielsko-Biała
Shareholders Janusz
Antoni Adamczyk
Joanna Sylwia
Adamczyk
Main activity Wholesale
and retail sale of jewelry
Branches NACE
2007:
Wholesale of watches, clocks and jewelry
Other retail
Other transportation activities
Other advertising activity
Employment 2009:
1 to 9 employees
2010: 1 to 9
employees
Turnover data not possible to obtain
Financial statements Balance
data is not available due to the lack of balance data publication.
Locations: ul.
Powstańców Śląskich 6, 43-300 Bielsko-Biała
Phone: 33
8285871
Mobile phone: 512
045001
Fax: 33
8285881
E-mail: joanna@royaljewellers.eu
Website: www.royaljewellers.eu
Real Estate No
data
Verification of information on real estate
ownership position through the Real Estate
Register is not covered by the standard
report.
Connections: Janusz
Antoni Adamczyk
Joanna Sylwia
Adamczyk
Connections have not been determined due to
no possibility
of identification of the persons or subjects
which appear
in the concern .
Data concerning
connections are valid as at: 06.12.2013.
General
information Despite our hard efforts, we could not achieve more information
from
available sources.
The subject has
not decided to cooperate in elaboration of the report.
Banks Names
of banks were not disclosed
Payment Manner In
available sources, payment delays have not been noted
Credit capability Business connections should not be refused, credits require security
Due to no insight into current financial situation of the
company
DIAMOND INDUSTRY – INDIA
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From time immemorial, India is well known in the world
as the birthplace for diamonds. It is difficult to trace the origin of
diamonds but history says that in the remote past, diamonds were mined only in
India. Diamond production in India can be traced back to almost 8th
Century B.C. India, in fact, remained undisputed leader till 18th
Century when Brazilian fields were discovered in 1725 followed by emergence of
S. Africa, Russia and Australia.
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The achievement of the Indian diamond industry was
possible only due to combination of the manufacturing skills of the Indian
workforce and the untiring and unflagging efforts of the Indian diamantaires,
supported by progressive Government policies.
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The area of study of family owned diamond businesses
derives its importance from the huge conglomerate of family run organizations
which operate in the diamond industry since many generations.
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Some of the basic traits of family run business
enterprises include spirit of entrepreneurship, mutual trust lowers transaction
costs, small, nimble and quick to react, information as a source of advantage
and philanthropy.
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Family owned diamond businesses need to improve on
many fronts including higher standard of corporate governance, long-term
performance – focused strategies, modern management and technology.
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Utmost caution is to be exercised while dealing with
some medium and large diamond traders which are usually engaged in fictitious import
– export, inter-company transactions, financially assisted by banks. In the
process, several public sector banks lost several hundred million rupees. They
mostly diverted borrowed money for diamond business into real estate and
capital markets.
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Excerpts from Times of India dated 30th
October 2010 is as under –
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Gem & Jewellery Export Promotion Council in its
statistical data has shown the export of polished diamonds to have increase by
28 % in February 2013. Compared to $ 1.4 bn worth of polished diamond export in
February, 2012, India exported $ 1.84 billion worth of polished diamonds in
February 2013. A senior executive of GJEPC said, “Export of cut and polished
diamonds started falling month-wise after the imposition of 2 % of import duty
on the polished diamonds. But February, 2013 has given a new ray of hope to the
industry as the export of polished diamonds has actually increased by 28 %. It
means the industry is on the track of recovery and round tripping of
diamonds has stopped completely.” Demand has started coming from the US, the
UK, Japan and China. India’s polished diamond export is expected to cross $ 21
bn in 2013-14.
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The banking sector has started exercising restraint
while following prudent risk management norms when lending money to gems and
jewellery sector. This follows the implementation of Basel III accord – a
global voluntary regulatory standard on bank capital adequacy, stress testing
and market liquidity.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.64.17 |
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UK Pound |
1 |
Rs.99.85 |
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Euro |
1 |
Rs.70.36 |
INFORMATION DETAILS
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Report
Prepared by : |
NIT |
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.