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Report No. : |
357390 |
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Report Date : |
30.12.2015 |
IDENTIFICATION DETAILS
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Name : |
KARL STORZ GMBH & CO. KG |
|
|
|
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Registered Office : |
Mittelstr. 8, D 78532 Tuttlingen |
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|
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Country : |
Germany |
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Date of Incorporation : |
23.07.1962 |
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Com. Reg. No.: |
HRA 450442 |
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|
|
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Legal Form : |
Ltd Partnership with Priv. Ltd. Company
as General Partner |
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Line of Business : |
·
Manufacutre
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 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Good |
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Payment Behaviour : |
Regular |
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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 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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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 5.2% 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 |
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: info@karlstorz.com
VAT
no.: DE142931059
Tax
ID number: 21062/03455
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
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
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
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
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
Sectors
32501
Manufacutre 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
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
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:
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:
O.M.E. - ORIGINAL
MANUFACTURED ENDSCOPES
GmbH
Dr. Karl-Storz-Str. 34
D 78532 Tuttlingen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 05.01.2015
Local court
70190 Stuttgart
HRB 751290
Shareholder:
CLEANICAL ® GmbH
Scharnhorststr. 3
D 10115 Berlin
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 05.01.2007
Local court
14057 Berlin
HRB 105474 B
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:
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
Payment experience: cash discount/within agreed terms
Negative information:We have no negative
information at hand.
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.
Principal bank
COMMERZBANK VORMALS DRESDNER BANK, 78506 TUTTLINGEN
Sort. code: 64380011, Account no.: 271330500
BIC: DRESDEFF643, IBAN: DE69643800110271330500
Further banks
DEUTSCHE BANK, 78506 TUTTLINGEN
Sort. code: 65370075, Account no.: 211639000
BIC: DEUTDESS653, IBAN: DE09653700750211639000
VOLKSBANK
DONAU-NECKAR, 78513 TUTTLINGEN
Sort. code: 64390130, Account no.: 772003
BIC: GENODES1TUT, IBAN: DE97643901300000772003
KREISSPARKASSE TUTTLINGEN, 78502 TUTTLINGEN
Sort. code: 64350070, Account no.: 1322
BIC: SOLADES1TUT
Financial year: 01.01. - 31.12.
Turnover: 2014 *EUR 320,000,000.00
Equipment: *EUR 16,000,000.00
Ac/ts receivable: *EUR 19,000,000.00
Liabilities:
*EUR 31,000,000.00
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.66.37 |
|
|
1 |
Rs.98.91 |
|
Euro |
1 |
Rs.72.85 |
|
EUR |
1 |
Rs.72.55 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
AMR |
|
|
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|
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 |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
|
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 |
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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.