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Report No. : |
356347 |
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Report Date : |
23.12.2015 |
IDENTIFICATION DETAILS
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Name : |
GRANOTEC PERU S.A. |
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Registered Office : |
Av.Los Ingenieros N 112 Urb. Santa Raquel-Ii Etapa Lima |
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Country : |
Peru |
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Date of Incorporation : |
15.02.1995 |
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Legal Form : |
Sociedad Anónima |
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Line of Business : |
Subject is a dedicated to develop and manufacture vitamins,
nutritional supplements for food and beverages. |
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No. of Employee : |
31 |
RATING & COMMENTS
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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) |
|
Peru |
A2 |
A2 |
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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 |
PERU ECONOMIC OVERVIEW
Peru's economy reflects its varied topography - an arid lowland coastal region, the central high sierra of the Andes, the dense forest of the Amazon, with tropical lands bordering Colombia and Brazil. A wide range of important mineral resources are found in the mountainous and coastal areas, and Peru's coastal waters provide excellent fishing grounds. Peru is the world's second largest producer of silver and third largest producer of copper. The Peruvian economy grew by an average of 5.6% from 2009-13 with a stable exchange rate and low inflation, which in 2013 was just below the upper limit of the Central Bank target range of 1 to 3%. This growth was due partly to high international prices for Peru's metals and minerals exports, which account for almost 60% of the country's total exports. Growth slipped in 2014, due to weaker world prices for these resources. Despite Peru's strong macroeconomic performance, dependence on minerals and metals exports and imported foodstuffs makes the economy vulnerable to fluctuations in world prices. Peru's rapid expansion coupled with cash transfers and other programs have helped to reduce the national poverty rate by 28 percentage points since 2002, but inequality persists and continues to pose a challenge for the Ollanta HUMALA administration, which has championed a policy of social inclusion and a more equitable distribution of income. Poor infrastructure hinders the spread of growth to Peru's non-coastal areas. The HUMALA administration passed several economic stimulus packages in 2014 to bolster growth, including reforms to environmental regulations in order to spur investment in Peru’s lucrative mining sector, a move that was opposed by some environmental groups. Peru's free trade policy has continued under the HUMALA administration; since 2006, Peru has signed trade deals with the US, Canada, Singapore, China, Korea, Mexico, Japan, the EU, the European Free Trade Association, Chile, Thailand, Costa Rica, Panama, Venezuela, concluded negotiations with Guatemala, and begun trade talks with Honduras, El Salvador, India, Indonesia, Turkey and the Trans-Pacific Partnership. Peru also has signed a trade pact with Chile, Colombia, and Mexico, called the Pacific Alliance, that seeks integration of services, capital, investment and movement of people. Since the US-Peru Trade Promotion Agreement entered into force in February 2009, total trade between Peru and the United States has doubled.
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Source
: CIA |
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Order: |
GRANOTEC PERU S.A. |
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Address in the order: |
AV.LOS INGENIEROS N 112 URB. SANTA RAQUEL-II ETAPA LIMA, PERU |
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Legal Name: |
GRANOTEC PERU S.A. |
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Trade Name: |
GRANOTEC |
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RUC: |
20263019807 |
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Date Created: |
1995 |
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Date Incorporated: |
February 15, 1995 |
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Legal Address: |
AV. LOS INGENIEROS NRO. 112 URB. SANTA RAQUEL 2DA ETAPA (ANTES AV.D MZ
E LOTE 15) LIMA - LIMA PERU |
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Operative Address: |
AV. LOS INGENIEROS NRO. 112 URB. SANTA RAQUEL 2DA ETAPA (ANTES AV.D MZ
E LOTE 15) LIMA - LIMA PERU |
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Telephone: |
511 349 7788 |
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Fax: |
511 349 6307 |
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Legal Form: |
Sociedad Anónima |
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Email: |
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Registered in: |
Lima, Perú |
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Website: |
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Manager: |
Funcke Ciriani Walter Richard |
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Staff: |
31 |
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Activity: |
Vitamin, Nutritional Supplement & Other Health-Related Product
Manufacturing |
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SIC Codes: |
2833 |
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NAICS Codes: |
2833 |
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Name of the Bank: |
BANCO CREDITO DE PERU |
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The company does not make its banking information public |
The company started
its business in 1995.
Initially the company was focused on Cereal industry, working with clients to
achieve a comprehensive solution to the needs of customers.
Later, in 1999, expanded its growth to other areas of the food industry,
currently providing services and products for industries: meat, dairy,
hydrobiological and vitamins.
Granotec Peru SA
is a company dedicated to develop and manufacture vitamins, nutritional
supplements for food and beverages.
The company has a service laboratory, where they analyze their products.
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Products/Services description: |
BIOACTIVA |
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Trade Names: |
GRANOTEC |
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Trademarks: |
Adamix |
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Sales are: |
Wholesale |
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Clients: |
Distributors |
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Competitors: |
SERVICIOS FRIGORIFICOS S.A |
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Suppliers: |
SINAMED GMBH |
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Operations area: |
National & International |
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The company imports from |
CHINA |
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The company exports to |
Latin America |
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The subject employs |
31- This information was provided by official sources |
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Payments: |
No Complaints |
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Headquarters : |
AV. LOS INGENIEROS NRO. 112 URB. SANTA RAQUEL 2DA ETAPA (ANTES AV.D MZ
E LOTE 15) LIMA - LIMA PERU |
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Branches: |
The company does not have branches |
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Business Overview: |
Companies in this industry develop and
manufacture vitamins, nutritional supplements, herbal remedies, and other
natural health products |
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders %: |
This is a private company. It belongs to: |
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Management: |
ASOREY AIROLDI MARCELO LUIS, Attorney |
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Related Companies: |
Granotec Argentina |
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This is a private company. It does not make its financial figures
public. This information has been
provided by outside sources and it is estimated. |
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|
USD 2014 |
|
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Revenue |
8 270 000 |
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Net Income |
286 000 |
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Total Equity |
1 914 700 |
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Cash Flow |
NORMAL |
There are no
legal/criminal found for the subject
Granotec is
dedicated to the manufacture and distribution of food vitamins and nutrients in
Perú.
The company has a small sized structure with 31 employees and 19 years of experience
in the market.
It is active and shows no negative.
The company is a subsidiary of Grupo Granotec headquartered in Santiago, Chile.
It mainly exports to Ecuador and imports from worldwide.
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Status |
Active |
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Payments |
No Complaints |
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Cash |
Normal |
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Indebtedness |
Controlled |
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INTERVIEWEE |
Marcela Vargas |
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POSITION |
Accounting Department |
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COMMENTS |
She confirmed activity, imports, she refused to confirm financial information
due to confidential reasons. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.30 |
|
|
1 |
Rs.98.71 |
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Euro |
1 |
Rs.72.33 |
|
USD |
1 |
Rs.66.19 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
KAR |
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Report Prepared
by : |
ANK |
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 |
-- |
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.