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Report No. : |
302685 |
|
Report Date : |
12.01.2015 |
IDENTIFICATION DETAILS
|
Name : |
ELUMATEC AG |
|
|
|
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Registered Office : |
Pinacher Str. 61, D 75417 Mühlacker |
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|
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Country : |
Germany |
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|
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Date of Incorporation : |
02.10.2013 |
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|
|
|
Legal Form : |
Public limited company |
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|
|
|
Line of Business : |
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|
|
|
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No of Employees : |
450 |
RATING & COMMENTS
|
MIRA’s Rating : |
NB |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
-- |
NB |
New Business |
-- |
|
Status : |
New Business |
|
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
|
Country Name |
Previous Rating (30.06.2014) |
Current Rating (30.09.2014) |
|
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, has 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 2013. The new German government introduced a minimum wage of $11 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%. 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 hopes to replace nuclear power with renewable energy. 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 |
Elumatec AG
Pinacher Str. 61
D 75417 Mühlacker
Telephone:07041/140
Telefax: 07041/14280
Homepage: www.elumatec.de
E-mail: mail@elumatec.de
Active
DE815468968
LEGAL FORM Public
limited company
Date of foundation: 02.10.2013
Registered on: 23.12.2013
Commercial Register: Local court 68159 Mannheim
under: HRB
718520
Share capital: EUR 50,000.00
President of the Board of Directors:
Britta Hübner
Sebastian-Pöttinger-Weg 3
D 85521 Ottobrunn
born: 21.03.1972
née: Christ
Member of the Board of Directors:
Ralf Haspel
D 73274 Notzingen
born: 06.09.1968
Member of the Board of Directors:
Arash Esbati
Kyllburger Str. 8
D 50937 Köln
born: 21.09.1971
Member of the Board of Directors:
Markus Weber
D 70794 Filderstadt
born: 19.07.1977
President of the Supervisory Board:
Tobias Höfer
Pinacher Str. 61
D 75417 Mühlacker
Marital status: unknown
Proxy:
Joachim Zaulig
Schulstr. 28
D 75438 Knittlingen
authorized to jointly
represent the company
born: 20.04.1966
Profession: Businessman
Marital status: single
Proxy:
Roman Wolstein
Wingenshof 38a
D 53773 Hennef
authorized to jointly
represent the company
born: 29.09.1977
Profession: Computer
scientist
Marital status: unknown
Proxy:
Thomas Alois Fink
D 89312 Günzburg
authorized to jointly
represent the company
born: 25.07.1974
Proxy:
Hans-Joachim Fischer
D 75417 Mühlacker
authorized to jointly
represent the company
born: 09.01.1955
Proxy:
Nebosja Wosel
D 75443 Ötisheim
authorized to jointly represent
the company
born: 15.10.1963
Proxy:
Birge Altschäffl
D 71229 Leonberg
authorized to jointly
represent the company
born: 04.04.1973
Further functions/participations of Britta Hübner (President of the
Board of Directors)
Manager:
Stahl Ehrenfriedersdorf
Verwaltungs GmbH
Geyersche Str. 52
D 09427 Ehrenfriedersdorf
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 23.07.1992
Reg. data: 09112 Chemnitz, HRB 5950
Manager:
3IE162/13
Abwicklungsgesellschaft GmbH
Pinacher Str. 61
D 75417 Mühlacker
Legal form: Private
limited company
insolvent
Share capital: EUR
20,000,000.00
Registered
on: 04.08.2009
Reg. data: 68159 Mannheim, HRB 707290
Manager:
PVG Profilverarbeitungs-
und
Verwaltungs-GmbH
Dieselstr. 9
D 59609 Anröchte
Legal form: Private
limited company
Share capital: EUR 26,000.00
Registered
on: 29.01.1988
Reg. data: 33098 Paderborn, HRB 5450
Manager:
Remag Stahl Distribution
und Service GmbH
Ruhrorter Str. 35-39
D 68219 Mannheim
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 10.11.2011
Reg. data: 68159 Mannheim, HRB 713158
Manager:
REMAG
Geschäftsführungs-GmbH
Ruhrorter Str. 35-39
D 68219 Mannheim
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 22.01.2003
Reg. data: 68159 Mannheim, HRB 9488
Manager:
BTM Bewehrungstechnik GmbH
Ruhrorter Str. 35-39
D 68219 Mannheim
Legal form: Private
limited company
Share capital: EUR 100,000.00
Registered
on: 20.04.2010
Reg. data: 68159 Mannheim, HRB 709168
Manager:
Hagmeyer Stahlcenter GmbH
Grube-Karl-Str. 14
D 73312 Geislingen
Legal form: Private
limited company
Share capital: EUR 2,650,000.00
Registered
on: 08.12.2003
Reg. data: 89073 Ulm, HRB 541578
Manager:
m+m Gebäudetechnik
Verwaltungs GmbH
Gewerbering 8
D 09456 Annaberg-Buchholz
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 04.08.2005
Reg. data: 09112 Chemnitz, HRB 22238
Member of the Board of Directors:
Remag Aktiengesellschaft
Ruhrorter Str. 35-39
D 68219 Mannheim
Post Box:
81 04 26, D 68204 Mannheim
Legal form: Public limited
company
Share capital: EUR 1,920,000.00
Registered
on: 01.01.1933
Reg. data: 68159 Mannheim, HRB 996
Further functions/participations of Ralf Haspel (Member of the Board of
Directors)
Manager:
elusoft GmbH
Breitwasenring 4
D 72135 Dettenhausen
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 19.07.2001
Reg. data: 70190 Stuttgart, HRB 382246
Proxy:
3IE162/13
Abwicklungsgesellschaft GmbH
Pinacher Str. 61
D 75417 Mühlacker
Legal form: Private
limited company
insolvent
Share capital: EUR
20,000,000.00
Registered
on: 04.08.2009
Reg. data: 68159 Mannheim, HRB 707290
02.10.2013 - 23.12.2013 Rubin
78. AG
Friedrichstr.
133
D 10117
Berlin
Public
limited company
30.12.2013 - 01.04.2014 Member of the Board of Directors
Britta Hübner
D 85521 Ottobrunn
14.11.2013 - 23.12.2013 Member of the Board of Directors
Antje Borcherdt
D 10405 Berlin
Sectors
28410
Manufacture of metal forming machinery
28910
Manufacture of machinery for metallurgy
2896
Manufacture of machinery for processing plastics and rubber
46141 Agents
involved in the sale of machines (except agricultural machinery and office
machinery) and industrial supplies n.e.c.
Payment experience: within periods customary in this trade
Negative information: We have no negative information
at hand.
Type of ownership: Tenant
Address Pinacher
Str. 61
D 75417 Mühlacker
Real Estate of: Tobias
Höfer
Type of ownership: Tenant
Address Pinacher
Str. 61
D 75417 Mühlacker
Land register documents were not available.
A bank connection is unknown.
Financial year: 11.11. - 31.12.
Employees:
450
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.40 |
|
|
1 |
Rs.94.17 |
|
Euro |
1 |
Rs.73.61 |
INFORMATION DETAILS
|
Report Prepared
by : |
TPT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
-- |
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.