MIRA INFORM REPORT

 

 

Report No. :

357390

Report Date :

28.12.2015

 

IDENTIFICATION DETAILS

 

Name :

KARL STORZ GMBH & CO. KG

 

 

Registered Office :

Mittelstr. 8, D 78532 Tuttlingen

 

 

Country :

Germany

 

 

Year of incorporation :

1945

 

 

Legal Form :

Ltd partnership with priv. ltd. company as general partner

 

 

Com. Reg. No.:

HRA 450442

 

 

Line of Business :
  • Manufacturer of technical instruments and supplies for medical purposesn.e.c.
  • Wholesale of medical and orthopedic goods, dental and laboratory supplies
  • Other research and experimental development on natural sciences and engineering

 

 

No. of Employees :

2,000

 

ECGC Country Risk Classification List – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

Germany

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

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 5.3% 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. 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 accounts for 34% of total energy consumption, 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.

 

Source : CIA

Company name and address

 

KARL STORZ GMBH & CO. KG

 

Company Status:           active

 

Mittelstr. 8

D 78532 Tuttlingen

Telephone:                    07461/708-0

Telefax:                        07461/708-105

Homepage:                   www.karlstorz.com

E-mail:   I                      nfo@karlstorz.com

 

VAT no.:                          DE142931059

Tax ID number:                 21062/03455

 

 

CONCLUSION

 

Business relations are permissible.

 

LEGAL FORM                           Ltd partnership with priv. ltd. company as general partner

Date of foundation:                   1945

Registered on:                          23.07.1962

Register of companies:             Local court 70190 Stuttgart

Under:                                                  HRA 450442

 

 

Total cap. contribution:               

 

EUR          1,925,013.93

 

 

Limited partner:

 

                      Dr.h.c.mult. Sybill Storz

                      D 78532 Tuttlingen

                      born:                  04.06.1937

                      Share:                 EUR            840,724.40

 

 Limited partner:

 

                      Gudrun Heine

                      Döllenstr. 15

                      D 78337 Öhningen

                      born:                  19.10.1954

                      née:                    Storz

                      Share:                 EUR            840,724.40

 

Limited partner:

 

                      Karl-Christian Storz

                      D 78532 Tuttlingen

                      born:                  28.04.1966

                      Share:                 EUR            207,774.70

 

 Limited partner:

 

                      Karl Storz Verwaltungsgesellschaft mbH

                      Mittelstr. 8

                      D 78532 Tuttlingen

                      Legal form:         Private limited company

                      Share capital:     EUR             30,677.52

                      Share:                  EUR             35,790.43

                      Registered on:    09.12.1977

                      Reg. data:           70190 Stuttgart, HRB 450225

 

 General partner:

                      Karl Storz Verwaltungsgesellschaft mbH

                      Mittelstr. 8

                      D 78532 Tuttlingen

                      Legal form:         Private limited company

                      Share capital:     EUR             30,677.52

                      Registered on:    09.12.1977

                      Reg. data:           70190 Stuttgart, HRB 450225

 

 Shareholder:

                      Dr.h.c.mult. Sybill Storz

                      D 78532 Tuttlingen

                      born:                  04.06.1937

                      Share:                 EUR             13,651.49

 

 Shareholder:

                      Gudrun Heine

                      Döllenstr. 15

                      D 78337 Öhningen

                      born:                  19.10.1954

                      née:                    Storz

                      Share:                 EUR             13,651.49

 

 Shareholder:

                      Karl-Christian Storz

                      D 78532 Tuttlingen

                      born:                  28.04.1966

                      Share:                 EUR              3,374.54

 

 Manager:

                      Dr.h.c.mult. Sybill Storz

                      D 78532 Tuttlingen

                      born:                  04.06.1937

                      Marital status:     unknown

 

 

COMPANY HISTORY

 

 1945 - 01.12.1959                     Karl Storz

                                                Mittelstr. 8

                                                D 78532 Tuttlingen

                                                Unregistered commercial enterprise

 02.12.1959 - 11.05.1964            Karl Storz OHG

                                                Mittelstr. 8

                                                D 78532 Tuttlingen

                                                General Partnership

 12.05.1964 - 06.02.1978            Karl Storz GmbH & Co.

                                                            Mittelstr. 8

                                                D 78532 Tuttlingen

                                                Ltd partnership with priv. ltd. company as general partner

 

 

BUSINESS ACTIVITIES

 

Sectors

 

32501   Manufacturer of technical instruments and supplies for medical purposesn.e.c.

 

46462   Wholesale of medical and orthopedic goods, dental and laboratory supplies

 

7219    Other research and experimental development on natural sciences and engineering

 

 

BRANCHES AND FACTORIES

 

 Works:

                      Karl Storz GmbH & Co. KG

                      Carl-von-Linde-Str. 15

                      D 85748 Garching

                      TEL.: 089/3268680

 Works:

                      Karl Storz GmbH & Co. KG

                      Dr. Karl-Storz-Str. 34

                      D 78532 Tuttlingen

 Branch:

                      Karl Storz GmbH & Co. KG

                      Friedrich-List-Str. 16

                      D 76297 Stutensee

 Branch:

                      Karl Storz GmbH & Co. KG

                      Scharnhorststr. 3

                      D 10115 Berlin

                      TEL.: 030/3069090

 

 

PARTICIPATIONS

 

 Limited partner:

                      Karl Storz Immobilien GmbH & Co.

                      Kommanditgesellschaft

                      Mittelstr. 8

 

        D 78532 Tuttlingen

                     Legal form: Ltd partnership with priv. ltd. company as general partner

                     Company Status: active

                     Total cap.         EUR             25,000.00

                     contribution:

                     Share:             EUR             25,000.00

                     Reg. data:  16.01.2008

                     Local court 70190 Stuttgart

                     HRA 722262

 

Shareholder:

                      Storz Endoskop Produktions GmbH

                      Mittelstr. 8

                      D 78532 Tuttlingen

                      Post Box:

                      2 30

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            500,000.00

                      Share:             EUR            500,000.00

                      Reg. data:  14.03.2001

                                  Local court 70190 Stuttgart

                                  HRB 451142

 Shareholder:

                      Elzacher Feinmechanik GmbH

                      Industriestr. 6

                      D 79215 Elzach

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             79,250.24

                      Share:             EUR             79,250.24

                      Reg. data:  28.10.1981

                                  Local court 79098 Freiburg

                                  HRB 280134

 Shareholder:

                      How to Organize (H2O) GmbH

                      Scharnhorststr. 3

                      D 10115 Berlin

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            170,000.00

                      Share:             EUR            145,000.00

                      Reg. data:  01.07.2004

                                  Local court 14057 Berlin

                                  HRB 93287 B

 Shareholder:

                      Paul Peschke GmbH

                      In der Breite 2

                      D 88637 Leibertingen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            350,000.00

                      Share:             EUR             87,500.00

                      Reg. data:  11.02.1985

                                  Local court 89073 Ulm

                                  HRB 710360

 Shareholder:

                      MEDNOVO Medical Software Solutions GmbH

                      Scharnhorststr. 3

                      D 10115 Berlin

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             74,350.00

                      Share:                 EUR             59,475.00

                      Reg. data:  26.10.2005

                                  Local court 14057 Berlin

                                  HRB 98983 B

 Shareholder:

                      Karl Storz -Endoskope Berlin GmbH

                      Scharnhorststr. 3

                      D 10115 Berlin

                      Legal form:         Private limited company

                      Company Status:            active

                      Share capital:       EUR             26,000.00

                      Share:                  EUR             26,000.00

                      Reg. data:            27.06.1977

                                  Local court 14057 Berlin

                                  HRB 11696 B

 Shareholder:

                      Endo-Press GmbH

                      Mittelstr. 8

                      D 78532 Tuttlingen

                      Legal form:         Private limited company

                      Company Status:            active

                      Share capital:     EUR             25,564.59

                      Share:                 EUR             25,564.59

                      Reg. data:           27.02.1998

                                  Local court 70190 Stuttgart

                                  HRB 450969

 Shareholder:

                      Gustav Müller GmbH Medizintechnik

                      Elsa-Brandström-Weg 21

                      D 78532 Tuttlingen

                      Legal form: Private limited company

                      Company Status:            active

                      Share capital:     EUR             25,564.59

                      Share:                 EUR             25,264.59

                      Reg. data:           18.12.1972

                                  Local court 70190 Stuttgart

                                  HRB 450103

 Shareholder:

                      Karl Storz Immobilienverwaltungsgesellschaft

                      mbH

                      Mittelstr. 8

                      D 78532 Tuttlingen

                      Legal form:         Private limited company

                      Company Status:            active

                      Share capital:     EUR             25,000.00

                      Share:                             EUR             25,000.00

                      Reg. data:           15.01.2008

                                  Local court 70190 Stuttgart

                                  HRB 725147

 Shareholder:

                      MTP Medical Technical Promotion GmbH

                      Mittelstr. 8

                      D 78532 Tuttlingen

                      Legal form:         Private limited company

                      Company Status:            active

                      Share capital:     EUR             25,000.00

                      Share:                 EUR             25,000.00

                      Reg. data:           11.02.2013

                                  Local court 70190 Stuttgart

                                  HRB 744112

 Shareholder:

                      Karl Storz Technologie Beteiligungs GmbH

                      Rottstr. 19

                      D 52068 Aachen

                      Legal form:         Private limited company

                      Company Status:                        in liquidation

                      since:                             21.01.2013

                      Share capital:                  EUR             30,000.00

                      Share:                             EUR             20,000.00

                      Reg. data:                       04.11.2003

                                  Local court 52070 Aachen

                                  HRB 12150

 Shareholder:

                      CLEANICAL ® GmbH

                      Genthiner Str. 11

                      D 10785 Berlin

                      Legal form:                     Private limited company

                      Company Status:                        active

                      Share capital:                  EUR             25,000.00

                      Share:                             EUR             18,750.00

                      Reg. data:                       05.01.2007

                                  Local court 14057 Berlin

                                  HRB 105474 B

 Shareholder:

                      IRDC GmbH International Reference and

                      Development Center for Surgical Technology

                      Käthe-Kollwitz-Str. 64

                      D 04109 Leipzig

                      Legal form:                     Private limited company

                      Company Status:                        active

                      Share capital:                  EUR             25,000.00

                      Share:                             EUR              6,500.00

                      Reg. data:                       05.08.2009

                                  Local court 04275 Leipzig

                                  HRB 25312

 

 

FINANCIAL INFORMATION

 

Payment experience:  cash discount/within agreed terms

 

Negative information: We have no negative information at hand.

 

 

REAL ESTATE

 

 Type of ownership:       proprietor

 Share:                          100.00 %

 Address                       Mittelstr. 8

                          D 78532 Tuttlingen

 

 Real Estate of:             Karl Storz Verwaltungsgesellschaft mbH

 Type of ownership:       Tenant

 Address                       Mittelstr. 8

                                    D 78532 Tuttlingen

 

 Land register documents were not available.

 

 

BANKERS

 

 Principal bank

 

 COMMERZBANK VORMALS DRESDNER BANK, 78506 TUTTLINGEN

 Sort. code: 64380011, Account no.: 271330500

 BIC: DRESDEFF643

 

 Further banks

 DEUTSCHE BANK, 78506 TUTTLINGEN

 Sort. code: 65370075, Account no.: 211639000

 BIC: DEUTDESS653

 VOLKSBANK DONAU-NECKAR, 78513 TUTTLINGEN

 Sort. code: 64390130, Account no.: 772003

 BIC: GENODES1TUT

 KREISSPARKASSE TUTTLINGEN, 78502 TUTTLINGEN

 Sort. code: 64350070, Account no.: 1322

 BIC: SOLADES1TUT

 

 

FINANCIAL FIGURES

 

Financial year:                           01.01. - 31.12.

Equipment:                               *EUR         19,000,000.00

Ac/ts receivable:                      *EUR         22,800,000.00

Liabilities:                                 *EUR         17,100,000.00

Employees:                                  2,000

 

The business figures marked with an asterisk are estimates based on average values in the line of business.

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.66.20

UK Pound

1

Rs.98.30

Euro

1

Rs.72.41

EURP

1

RS. 72.57

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

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