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Report No. : |
302062 |
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Report Date : |
08.01.2015 |
IDENTIFICATION DETAILS
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Name : |
TRAMMO AG |
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Registered Office : |
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Country : |
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Date of Incorporation : |
26.01.1984 |
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Com. Reg. No.: |
130.0.002.894-3 / 195387 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Wholesale and commercialization of commodities and raw materials such as
fertilizers, sulfuric acid, petrochemicals and derivatives, coal, petroleum
coke and other petroleum products as well as transport, stocking and packing
of this material |
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No. of Employees |
60 |
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 – September 30, 2014
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Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
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Switzerland |
A1 |
A1 |
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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 |
SWITZERLAND ECONOMIC OVERVIEW
Switzerland is a peaceful, prosperous, and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies. The Swiss have brought their economic practices largely into conformity with the EU's to enhance their international competitiveness, but some trade protectionism remains, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of all Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled export demand and put Switzerland in a recession. The Swiss National Bank (SNB) during this period effectively implemented a zero-interest rate policy to boost the economy as well as prevent appreciation of the franc, and Switzerland's economy began to recover in 2010. The sovereign debt crises currently unfolding in neighboring euro-zone countries pose a significant risk to Switzerland's financial stability and are driving up demand for the Swiss franc by investors seeking a safe-haven currency. The independent SNB has upheld its zero-interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell below 2% per year during 2011-13. Switzerland has also come under increasing pressure from individual neighboring countries, the EU, the US, and international institutions to reform its banking secrecy laws. Consequently, the government agreed to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The government has renegotiated its double taxation agreements with numerous countries, including the US, to incorporate the OECD standard, and is considering the possibility of imposing taxes on bank deposits held by foreigners. These steps will have a lasting impact on Switzerland's long history of bank secrecy
|
Source
: CIA |
TRAMMO AG
Prime Tower
Hardstrasse 201
8005 Zürich/ZH
Switzerland/CH
Telephone: 058
451 1000
058
451 1666
Fax: 058 451 1111
058
451 1641
Web
site: http://www.trammo.com
E-mail: zurich.ferts-commodities@trammo.com
WIN
Worldbox No.: CH0000218268
VAT-No.: CHE108159337
Established: 1984
Line
of Business: Trade brokers
Industry
Division: Wholesale trade
Industry-code (NACE): 4612 Agents involved in the sale of fuels,
ores, metals and industrial chemicals
4611 Agents involved in the sale of
agricultural raw materials, live animals, textile raw materials and
semi-finished goods
4617 Agents involved in the sale of food,
beverages and tobacco
Import/Export: Agency
Banks: unknown
Coverage: Company
Figures: estimated
Employees: 60
Worldwide wholesale and commercialization of
commodities and raw materials such as fertilizers, sulfuric acid,
petrochemicals and derivatives, coal, petroleum coke and other petroleum
products as well as transport, stocking and packing of this material.
Information on property ownership was not
available.
Company
No: 130.0.002.894-3 /
195387
Legal
form: Company limited
by shares
Registration: 26.01.1984
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Zürich
History: Date of Statutes:
14.10.2011
Date of Statutes:
11.06.2013
Entry Deleted Name
17.06.2013 Trammo
AG
17.06.2013 Trammo
Ltd (Name translated)
17.06.2013 Trammo
SA (Name translated)
17.06.2013 Transammonia AG
17.06.2013 Transammonia SA (Name translated)
17.06.2013 Transammonia Ltd (Name translated)
Entry Deleted Legal domicile
19.10.2011 Zürich,
Switzerland
19.10.2011 Altendorf, Switzerland
Entry Deleted Address
19.10.2011 Hardstrasse
201, 8005 Zürich/ZH, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 4,000,000, paidup CHF 4,000,000
Entry Deleted Capital Structure
active 4,000
Registered shares of CHF 1,000.--
Title Name
President Hendrik Van
Dalfsen, Origin: Netherlands, Residential address: 8852 Altendorf/SZ, Switzerland,
joint signature of two
Chief
Executive Ashok
Kishore, Origin: India, Residential address: Freienbach, Switzerland, joint
signature of two, Registered since: 27.06.2013
Chief
Executive Christian
Wendel, Origin: Weinfelden, Switzerland, Residential address: Altendorf,
Switzerland, joint signature of two
Company
Secretary Hans-Jörg
Oberli, Origin: Lenzburg, Bülach, Switzerland, Residential address: 8180
Bülach/ZH, Switzerland, single signature
Director Urs
Weber, Origin: Maur, Switzerland, Residential address: Altendorf, Switzerland,
joint signature of two
Title Name
Director Urs
Weber, Origin: Maur, Switzerland, Residential address: Altendorf, Switzerland,
joint signature of two
Vice-Director Ruslan Galiullin,
Origin: Russia, Residential address: Feusisberg, Switzerland, joint signature
of two
Vice-Director Michael Holm,
Origin: Denmark, Residential address: Malters, Switzerland, joint signature of
two
Vice-Director Khalil A. Itani,
Origin: Lebanon, Residential address: Amman, Jordan, joint signature of two
Vice-Director Michael Rainer
Mögle, Origin: Germany, Residential address: 8640 Rapperswil-Jona/SG,
Switzerland, joint signature of two
Vice-Director Margareta Müller,
Origin: Wollerau, Switzerland, Residential address: 8832 Wollerau/SZ,
Switzerland, joint signature of two
Vice-Director Arnaud Rousseau,
Origin: France, Residential address: Lachen, Switzerland, joint signature of
two
Member
with signing authority Nadja
Honegger, Origin: Mels, Switzerland, Residential address: Aarau, Switzerland,
joint signature of two, Registered since: 16.07.2012
Member
with signing authority Oktar Özer,
Origin: Turkey, Residential address: Lachen, Switzerland, joint signature of
two
Member
with procuration Vildan Bekirov,
Origin: Ukraine, Residential address: Altendorf, Switzerland, joint power of
attorney of two
Member
with procuration Dragos Ioan
Diaconu, Origin: Romania, Residential address: Opfikon, Switzerland, joint
power of attorney of two
Member
with procuration Roger Eduard
Grab, Origin: Rothenthurm, Switzerland, Residential address: 6430 Schwyz/SZ,
Switzerland, joint power of attorney of two
Title Name
Auditor Deloitte
AG, Residential address: Zürich, Switzerland, Id: CH-020.3.908.370-9
Title Name
Chief
Executive Officer Urs
Weber
Name: TRAMMO INC
City/Country: New York, United States of
America/US
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Type: direct, Group-Level
1
Name: TRAMMO INC
City/Country: New York, United States of
America/US
Interest: 100,00% voting right,
100,00% capital interest
It is believed that the company has no
investments.
Control date Year No. Amount CHF Status
07.04.2014 2014 0
07.04.2014 2013 0
07.04.2014 2012 0
06.08.2013 2011 0
06.08.2013 2009 0
06.08.2013 2008 0
An updated legal action check is only
available against proof of interest. e.g. a copy of an enquiry letter, and order
or invoice relating to the subject company.
Financial
Statements: The company does not
disclose any financial statements. Third parties are not permitted any insight
into the financial affairs. It is therefore difficult to make a proper
assessment of the actual situation.
Financial
Situation: The financial situation
is in order.
Payment
experiences: Payment habits are
considered good.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.45 |
|
|
1 |
Rs.95.99 |
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Euro |
1 |
Rs.75.27 |
INFORMATION DETAILS
|
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 |
-- |
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.