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Report No. : |
305002 |
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Report Date : |
03.02.2015 |
IDENTIFICATION DETAILS
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Name : |
AGARISTA AGRICOLA SRL |
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Registered Office : |
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Country : |
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Date of Incorporation : |
15.01.1999 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
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Trading as importers and wholesalers of plant
protection products and pesticides. ·
Subject also engages in exports of grain and
barley. |
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No. of Employee : |
57 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Unknown |
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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 – September 30, 2014
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Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
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Moldova |
C1 |
C1 |
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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 |
MOLDOVA - ECONOMIC OVERVIEW
Despite recent progress, Moldova
remains one of the poorest countries in Europe. With a moderate climate and
good farmland, Moldova's economy relies heavily on its agriculture sector,
featuring fruits, vegetables, wine, and tobacco. Moldova also depends on annual
remittances of about $1.6 billion from the roughly one million Moldovans
working in Europe, Russia, and other former Soviet Bloc countries. With few
natural energy resources, Moldova imports almost all of its energy supplies
from Russia and Ukraine. Moldova's dependence on Russian energy is underscored
by a growing $5 billion debt to Russian natural gas supplier Gazprom, largely
the result of unreimbursed natural gas consumption in the separatist
Transnistria region. In August 2013, work began on a new pipeline between Moldova
and Romania that may eventually break Russia's monopoly on Moldova's gas
supplies. The government's goal of EU integration has resulted in some
market-oriented progress. Moldova experienced better than expected economic
growth in 2013 due to increased agriculture production, to economic policies
adopted by the Moldovan government since 2009, and to the receipt of EU trade
preferences. Moldova is poised to sign an Association Agreement and a Deep and
Comprehensive Free Trade Agreement with the EU during fall 2014, connecting
Moldovan products to the world’s largest market. Still, growth has been
hampered by high prices for Russian natural gas, a Russian import ban on
Moldovan wine, increased foreign scrutiny of Moldovan agricultural products,
and by Moldova’s large external debt. Over the longer term, Moldova's economy
remains vulnerable to political uncertainty, weak administrative capacity,
vested bureaucratic interests, corruption, higher fuel prices, Russian
pressure, and the illegal separatist regime in Moldova's Transnistria region.
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Source
: CIA |
CO. NAME : AGARISTA
AGRICOLA SRL (CORRECT)
SRL AGARISTA AGRICOLA (REQUESTED)
Street : Bernardazzi Street 35/10
Town : Chisinau MD-2012
Country : Moldova
Telephone :
(373 22) 274 221 / 271 909 / 271 848 / 207 065
Fax : (373 22) 274 221
E-Mail :
irina@agarista.com
Extended Name :
Agarista Agricola Societatea cu Raspundere Limitate
English Translation :
Agarista Agricola Ltd
SENIOR COMPANY
PERSONNEL
Name Position
1. Tatiana Ion Gherghelegiu
Managing Director
2. Roman Grantovich Shakhramanov
Commercial Director
3. Miroslava Danilova
Chief Accountant
4. Irina Isaeva
Deputy Chief
Accountant
Total Employees : 57
No negative information found.
Authorised & Paid up Capital : LEU 5,000,000 (increased from LEU
5,400 in 2014)
Societatea cu Raspundere Limitate (limited liability company) with the
following shareholders :
Percentage
1. Roman Grantovich Shakhramanov 50%
2. Natalya Kosyakova 25%
3. Nina Kosyakova 25%
Unknown
We consider it is acceptable to deal with subject for MEDIUM amounts,
although it is normal accepted practice for international suppliers to deal on
secured terms with Moldovan importers.
N/a
Private companies in Moldova are not required to publish or disclose
balance sheets. However, the subject interviewed offered the following
information :
Sales Turnover : LEU
87,000,000 – 2013 – exact
: LEU 100,000,000 – 2014 -
exact
Net Profit : LEU
20,000,000 – 2013 – exact
: LEU 22,000,000 – 2014 – exact
Financial year ends 31 December.
N/A
PRINCIPAL BANKERS
NAME : BCA BANCA SOCIALA
Branch : 61, Banulescu Bodoni str.
Town : Chisinau MD-2006
Telephone : (373 22) 225
169 / 221 494
Fax : (373 22) 222 415
The company also has an account with the following banks:
1. Moldova Agroindbank SA
Cosmonautilor Street 9
Chisinau MD-2006
Telephone: (373 22) 212 828
Fax : (373 22) 228 058
2. BC Mobiasbanca – Groupe S.A.
Stefan Cel Mare si Sfant Acenue
Chisinau MD-2012
Telephone: (373 22) 541 974
Fax : (373 22) 541 974
Date Started : 15 January 1999
History : The subject company was established in Moldova on 15
January 1999. Initial shareholders were Roman Grantovich Shakhramanov
(50%) and Aleksnadr Viktorovich Kosyakov (50%). Later on, subject’s
shareholding structure changed to the present.
Fiscal Code: 1003600012344
VAT No.: 0203078 (issue date: 05/05/1999)
The Company is
involved in the following activities:
Trading as importers and wholesalers of plant protection products and
pesticides.
Subject also engages in exports of grain and barley.
NACE Code: 4690
Imports from Europe, UK and India.
Exports to Ukraine and Europe.
The Company has the following facilities :
Owned office premises (50 sq. m.) located at the
heading address as well as rented storage facilities (800 sq. m.) located
elsewhere in suburbs of Chisinau.
Bernardazzi Street 35/10
Chisinau MD-2012
SPECIAL NOTE
You enquired on : SRL AGARISTA AGRICOLA. Please note the correct name is
as per heading.
Interviewed: Irina Isaeva (Deputy Chief Accountant).
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.61.88 |
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1 |
Rs.93.27 |
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Euro |
1 |
Rs.69.94 |
INFORMATION DETAILS
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Analysis Done by
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KAR |
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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.