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Report No. : |
336421 |
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Report Date : |
13.08.2015 |
IDENTIFICATION DETAILS
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Name : |
UNIVERSAL EISEN UND STAHL GMBH |
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Registered Office : |
Duisburger Str. 26, D 41460 Neuss |
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Country : |
Germany |
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Date of Incorporation : |
20.03.1958 |
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Com. Reg. No.: |
HRB 6780 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
· Manufacture of cold drawn steel · Cold forming or folding · Manufacture of metal products · Wholesale of iron ores, iron, steel and iron and steel semi-finished goods |
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No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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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) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
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 |
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 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 5.2% in 2014. The new German government introduced
a minimum wage of about $11.60 (8.50 euros) 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%. The budget was essentially in
balance in 2014. 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. The German economy suffers
from low levels of investment, and a government plan to invest 15 billion euros
2016-18, largely in infrastructure, is intended to spur needed private
investment. 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 plans to replace nuclear power with renewable energy, which
accounted for 27.8% of gross electricity consumption in 2014, up from 9% in
2000. 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. Extremely low inflation, caused largely by low global
energy prices and a weak euro, are expected to boost German GDP growth in 2015.
|
Source
: CIA |
UNIVERSAL EISEN UND STAHL GMBH
Company Status: active
Duisburger Str. 26
D 41460 Neuss
Telephone:02131/185-0
Telefax:
02131/185-444
Homepage:
www.universal-stahl.de
E-mail:
info@universal-stahl.com
VAT
no.: DE120685331
Business relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 20.03.1958
Shareholders'
agreement: 20.03.1958
Registered on: 23.06.1992
Commercial Register: Local court 41460 Neuss
under: HRB 6780
Share capital: EUR 3,835,000.00
Shareholder:
Salzgitter Klöckner-Werke
GmbH
Eisenhüttenstr. 99
D 38239 Salzgitter
Legal form: Private
limited company
Share capital: EUR 277,188,240.00
Share: EUR 3,639,400.00
Registered on: 28.10.2011
Reg. data: 38100
Braunschweig, HRB 203250
Control and profit
transfer agreement
Shareholder:
Salzgitter
Aktiengesellschaft
Eisenhüttenstr. 99
D 38239 Salzgitter
Legal form: Public
limited company
Share capital: EUR
161,615,273.31
Share: EUR 195,600.00
Registered on: 04.09.2002
Reg. data: 38100
Braunschweig, HRB 9207
Manager:
Jörgen Franz Werner
Hüster
D 45127 Essen
authorized to jointly
represent the company
born: 11.09.1962
Manager:
Götz Richter
D 23936 Stepenitztal
authorized to jointly
represent the company
born: 05.10.1965
Proxy:
Jürgen Firsbach
Fürstenplatz 6
D 40215 Düsseldorf
authorized to jointly
represent the company
born: 25.03.1957
Profession: Information
Technology Adviser
Marital status: married
Proxy:
Wilfried Kurt Schudiga
D 08349 Johanngeorgenstadt
authorized to jointly
represent the company
born: 29.04.1952
Proxy:
Ralf Zenner
Mathiashof 8
D 45141 Essen
authorized to jointly
represent the company
born: 28.02.1963
Profession: Businessman
Marital status: married
Proxy:
Birgit Bauer
D 41352 Korschenbroich
authorized to jointly
represent the company
born: 10.12.1960
Proxy:
Gerd Golz
D 40210 Düsseldorf
authorized to jointly
represent the company
born: 24.12.1958
Proxy:
Martin Lessacher
D 40667 Meerbusch
authorized to jointly
represent the company
born: 26.06.1967
Proxy:
Ralph Watzlawek
D 41564 Kaarst
authorized to jointly
represent the company
born: 24.07.1969
Further functions/participations of Jörgen
Franz Werner Hüster
(Manager)
Limited partner:
"MUNDUS"
Verwaltungsgesellschaft mbH & Co.
Kommanditgesellschaft
Schaperstr. 2
D 10719 Berlin
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 2,965,492.90
contribution:
Share: EUR 958,740.28
Registered
on: 15.10.1964
Reg. data: 14057 Berlin, HRA 1163
Limited partner:
"GLÜCKAUF"
Grundstücksgesellschaft mbH & Co.
KG
Schaperstr. 2
D 10719 Berlin
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 2,019,602.94
contribution:
Share: EUR 67,320.78
Registered
on: 15.10.1963
Reg. data: 14057 Berlin, HRA 513
Proxy:
Salzgitter Mannesmann
Stahlhandel
Gesellschaft mit
beschränkter Haftung
Schwannstr. 12
D 40476 Düsseldorf
Legal form: Private
limited company
Share capital: EUR
12,800,000.00
Registered
on: 05.12.2000
Reg. data: 40227 Düsseldorf, HRB 39902
Proxy:
Salzgitter Mannesmann
Handel Gesellschaft
mit beschränkter Haftung
Schwannstr. 12
D 40476 Düsseldorf
Post Box:
30 09 43, D 40409
Düsseldorf
Legal form: Private
limited company
Share capital: EUR
23,600,000.00
Registered
on: 02.11.1949
Reg. data: 40227 Düsseldorf, HRB 8372
Proxy:
Salzgitter Mannesmann
International
Gesellschaft
mitbeschränkter Haftung
Schwannstr. 12
D 40476 Düsseldorf
Legal form: Private
limited company
Share capital: EUR
10,300,000.00
Registered
on: 30.09.1993
Reg. data: 40227 Düsseldorf, HRB 30081
20.03.1958 - 30.04.1992 Universal Eisen und Stahl
Aktiengesellschaft
Duisburger Str. 26
D 41460 Neuss
Public limited
company
19.12.2013 - 04.06.2014 Manager
Leonhard von Herzogenberg
D 40210 Düsseldorf
Main industrial sector
2431
Manufacture of cold drawn steel
2433
Cold forming or folding
25993
Manufacture of metal products n.e.c.
46721
Wholesale of iron ores, iron, steel and iron and steel semi-finished
goods
Branch:
Universal Eisen und Stahl
GmbH
Amalienstr. 2-4
D 08056 Zwickau
TEL.: 0375/3538020
FAX.: 0375/3538030
Branch:
Universal Eisen und Stahl
GmbH
Neue Speicherstr. 22
D 30453 Hannover
TEL.: 0511/21996-0
FAX.: 0511/21996-50
Reg. entry: 24.08.1992
Branch:
Universal Eisen und Stahl
GmbH
Helmholtzstr. 7
D 41747 Viersen
TEL.: 02162/8170-60
FAX.: 02162/8170-676
Branch:
Universal Eisen und Stahl
GmbH
Friedrichstr. 65
D 73760 Ostfildern
TEL.: 0711/342150
Branch:
Universal Eisen und Stahl
GmbH
Bucher Str. 103
D 90419 Nürnberg
TEL.: 0911/37751-0
FAX.: 0911/37751-150
Payment experience: cash discount/within agreed terms
Negative information:We have no negative
information at hand.
Type of ownership: proprietor
Share: 100.00 %
Address Duisburger Str. 26
D 41460 Neuss
Residential
floor 20,000.00 sq.m
space/ Usable floor
space:
Land register documents were not available.
BANKHAUS LAMPE, 40005 DÜSSELDORF
Sort. code: 48020151
BIC: LAMPDEDDXXX
COMMERZBANK, 41403 NEUSS
Sort. code: 30040000
BIC:
COBADEDDXXX
BHF-BANK, 40213 DÜSSELDORF
Sort. code: 30020500
BIC: BHFBDEFF300
DEUTSCHE BANK, 40189 DÜSSELDORF
Sort. code: 30070010
BIC: DEUTDEDDXXX
SEB, 40090 DÜSSELDORF
Sort. code: 30010111
BIC: ESSEDE5F300
SPARKASSE NEUSS, 41456 NEUSS
Sort.
code: 30550000
BIC: WELADEDNXXX
Financial year: 01.01. - 31.12.
Share capital: EUR 3,835,000.00
The
number of employees is not known.
Control and profit transfer agreement to:
Salzgitter
Klöckner-Werke GmbH
Eisenhüttenstr. 99
D 38239 Salzgitter
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.83 |
|
|
1 |
Rs.101.00 |
|
Euro |
1 |
Rs.71.82 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
|
|
|
|
Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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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 |
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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 |
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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 |
|
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
-- |
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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.