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Report No. : |
332588 |
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Report Date : |
25.07.2015 |
IDENTIFICATION DETAILS
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Name : |
GREUB MACHINES SA |
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Registered Office : |
Boulevard des Eplatures 39, Case Postale
226, 2304 La Chaux-de-Fonds/NE |
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Country : |
Switzerland |
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Year of Establishment : |
1956 |
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Com. Reg. No.: |
645.1.004.837-1 |
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Legal Form : |
Limited company |
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Line of Business : |
Subject is engaged in selling new and used machines, maintenance, service, optimization and reorganization of resources. Machinery and products are distributed by the following brands: Almac, Cycle Automatic, Locatelli, Mecolpress, Nanotec, Sablux, Sangiacomo, Schaublin Machines, Schaublin collets and Swissmac. |
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No. of Employee : |
12 |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Switzerland |
B1 |
B1 |
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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 demand for Swiss exports, and put
Switzerland into a recession. During this period the Swiss National Bank (SNB)
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 unfolding in neighboring euro-zone countries,
however, coupled with ongoing economic instability in Russia and other eastern
European economies continues to pose a significant risk to the Swiss economy,
driving up demand for the Swiss franc by investors seeking a safe-haven
currency. In January of 2015, the SNB abandoned the Swiss franc’s peg to the
Euro, roiling global currency markets and making active SNB intervention a
necessary hallmark of present-day Swiss monetary policy. 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. In recent
years, Switzerland has responded to increasing pressure from neighboring
countries and trading partners, including the EU, the US, and international
institutions to reform its banking secrecy laws. In response to that
international pressure, the Swiss government has agreed to conform to OECD
regulations on administrative assistance in tax matters, including tax evasion.
The Swiss government has also renegotiated its double taxation agreements with
numerous countries, including the US, to incorporate OECD standards, while
openly considering the possibility of imposing taxes on bank deposits held by
foreigners.
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Source
: CIA |
GREUB MACHINES SA
Boulevard des
Eplatures 39
Case Postale 226
2304 La
Chaux-de-Fonds/NE
Switzerland/CH
Telephone: 032
9259540
Fax: 032
9259545
Web
site: http://www.greub.ch
E-mail: info@greub.ch
WIN
Worldbox No.: CH0000893815
VAT-No.: CHE-107.032.881 MWST
UID-No.: CHE107032881
Established: 1956
History: 1975: Limited company
1956: Established from Jean Greub
Line
of Business: Consumer goods
wholesale
Industry
Division: Wholesale trade
Industry-code (NACE): 4669 Wholesale of other machinery and
equipment
Import/Export: Export
Banks: unknown
Organisation
level: Ultimate Parent
Coverage: Company
Figures: estimated
Financial
year: 2015
Employees: 12
Sales: CHF 15,000,000.--
The company specializes in selling new and
used machines, maintenance, service, optimization and reorganization of
resources. Machinery and products are distributed by the following brands:
Almac, Cycle Automatic, Locatelli, Mecolpress, Nanotec, Sablux, Sangiacomo,
Schaublin Machines, Schaublin collets and Swissmac.
Information on property ownership was not
available.
Company
No: 645.1.004.837-1
UID-No.: CHE107032881
Legal
form: Company limited by
shares
Registration: 30.06.1975
Legal
status: active
Responsible
Register: Registre du commerce du canton
de Neuchâtel
History: Date of Incorporation
Statutes: 24.06.1975
Date of
Statutes: 20.10.2008
Date of
Statutes: 12.01.1998
Entry Deleted Name
21.10.2008 Greub
Machines SA
21.10.2008 Jean Greub SA
Entry Deleted Legal domicile
active La
Chaux-de-Fonds, Switzerland
Entry Deleted Address
active boulevard
des Eplatures 39, 2300 La Chaux-de-Fonds, Switzerland/CH
Entry Deleted Capital
03.02.1998 Share
Capital CHF 100,000, paidup CHF 100,000
Entry Deleted Capital Structure
03.02.1998 100
Registered shares with restricted transferability of CHF 1,000.--
Title Name
President Roland Greub
Citizen:
Lotzwil, Switzerland
Residential
address: Bevaix, Switzerland
single
signature
Company
Secretary François-Maxime
Greub
Citizen:
Lotzwil, Switzerland
Residential
address: La Chaux-de-Fonds , Switzerland
single
signature
Registered
since: 21.10.2008
Title Name
Member
with procuration Pauline Negro
Citizen:
Eggiwil, Switzerland
Residential
address: Boudry, Switzerland
joint
power of attorney of two
Registered
since: 21.10.2008
Title Name
Auditor Brunner
et Associés SA, société fiduciaire
Residential
address: Neuchâtel, Switzerland
Id:
CH-645-1000559-7
Registered
since: 16.10.2000
Title Name
Chief
Executive Officer Roland
Greub
Chief
Financial Officer Pauline
Negro
Chief
Operating Officer François-Maxime
Greub
Owner: The company is in
family ownership.
Class: 100%
Name: TSA Machines S.A.
City/Country: La Chaux-de-Fonds/NE,
Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest (since 1982)
Class: 20-29%
Name: Schaublin Machines SA
City/Country: Bévilard/BE, Switzerland/CH
Balance sheet publication:
The subject company does not publish balance
sheet or turnover figures.
Control date Year No. Amount CHF Status
20.11.2014 2014 0 Legal actions
31.12.2013 2013 0 Legal
actions
31.12.2012 2012 0 Legal
actions
31.12.2011 2011 0 Legal
actions
31.12.2010 2010 0 Legal
actions
31.12.2009 2009 0 Legal
actions
31.12.2008 2008 0 Legal
actions
Official bankruptcy reports:
No bankruptcy publications available on the
subject.
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.
The company is not listed in the WorldCompliance database.
Payment experiences from pre-legal
collection cases:
No payment experiences from pre-legal
collection cases are available.
Payment experiences from collection cases:
No payment experiences from legal collection
cases are available.
Mode of payment / Business conduct:
There are no complaints about the mode of
payment and the business conduct.
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 considered to be in order.
Payment
experiences: Payment habits are
considered good.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.89 |
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|
1 |
Rs.99.10 |
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Euro |
1 |
Rs.70.12 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
ASH |
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.