MIRA INFORM REPORT

 

 

 

 

Report No. :

325831

Report Date :

02.06.2015

 

IDENTIFICATION DETAILS

 

Name :

SALVAGNINI MASCHINENBAU GMBH

 

 

Registered Office :

Dr. Guido Salvagninistraße  1, A-4482 Ennsdorf

 

 

Country :

Austria

 

 

Financials (as on) :

30.04.2013

 

 

Date of Incorporation :

03.08.1993

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacture of Metal Forming Machinery.

 

 

No. of Employees :

350

 

 

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 – June 1, 2014

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

Austria

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

AUSTRIA - ECONOMIC OVERVIEW

 

Austria, with its well-developed market economy, skilled labor force, and high standard of living, is closely tied to other EU economies, especially Germany's. Its economy features a large service sector, a sound industrial sector, and a small, but highly developed agricultural sector. Following several years of solid foreign demand for Austrian exports and record employment growth, the international financial crisis of 2008 and subsequent global economic downturn led to a sharp but brief recession. Austrian GDP contracted 3.8% in 2009 but saw positive growth of about 2% in 2010 and 2.7% in 2011. Growth fell to 0.6% in 2012. Unemployment did not rise as steeply in Austria as elsewhere in Europe, partly because the government subsidized reduced working hour schemes to allow companies to retain employees. The 2012 unemployment rate of 4.3% was the lowest within the EU. Stabilization measures, stimulus spending, and an income tax reform pushed the budget deficit to 4.5% in 2010 and 2.6% in 2011, from only about 0.9% in 2008. The international financial crisis of 2008 caused difficulties for Austria's largest banks whose extensive operations in central, eastern, and southeastern Europe faced large losses. The government provided bank support - including in some instances, nationalization - to support aggregate demand and stabilize the banking system. Austria's fiscal position compares favorably with other euro-zone countries, but it faces external risks, such as Austrian banks' continued exposure to Central and Eastern Europe as well as political and economic uncertainties caused by the European sovereign debt crisis. In 2011 the government attempted to pass a constitutional amendment limiting public debt to 60% of GDP by 2020, but it was unable to obtain sufficient support in parliament and instead passed the measure as a simple law. In March 2012, the Austrian parliament approved an austerity package consisting of a mix of expenditure cuts and new revenues that will bring public finances into balance by 2016. In 2012, the budget deficit rose to 3.1% of GDP.

 

 

Source : CIA

 

 

 

 

Basic company information

 

Company name:

Salvagnini Maschinenbau GmbH

Status:

active company

Locations:

Dr. Guido Salvagninistraße  1, A-4482 Ennsdorf

Phone:

0043 (7223) 885

Fax:

0043 (7223) 885 - 199

E-mail:

management@salvagnini.com

Internet:

http://www.salvagnini.com

Activities:

Önace 28410 100% Manufacture of metal forming machinery

 

Detail Assessment:

Payments are made within net agreements.

 

Company's solvency is sound. Earnings potential is positive.

 

 

Additional company information

 

Year of incorporation:

1993

 

Type of company:

Manufacturing

 

Legal form:

limited liability company since 1993-07-20

 

companies' house number:

FN 41116 s St. Pölten 1993-08-03

 

VAT number:

ATU 22843207

 

number - Austrian National Bank:

1999834

 

 

Import 

Country 

 

 

 

Import

Czech Republic

 

2014

 

Import

Germany

 

2014

 

Import

Italy

 

2014

 

Import

Slovak Republic

 

2014

 

 

 

Export 

Country 

 

 

 

Export

world-wide

 

2014

 

 

 

Financial data

 

total turnover (total sales)

2013

EUR  72.100.000,00

(estimated)

total turnover (total sales)

2012

EUR  71.995.021,90

(exact)

total turnover (total sales)

2011

EUR  71.398.224,31

(exact)

total turnover (total sales)

2010

EUR  54.961.600,27

(exact)

total turnover (total sales)

2009

EUR  48.704.609,22

(exact)

total employees

2014

350

(exact)

total investments

2012

EUR  1.896.628,88

(exact)

total company vehicles

2014

23

(approx.)

leasing vehicles

2014

23

(approx.)

cars

2014

1

(approx.)

lorries up to 3.5t

2014

22

(approx.)

 

 

Extraxt from the Companies' House

 

firm (style):

    1      Salvagnini Maschinenbau GmbH

legal form:

    1      Gesellschaft mit beschränkter Haftung

registered office:

   17      politischer Gemeinde Ennsdorf

business adress:

   25      Dr. Guido Salvagnini-Straße 1
           4482 Wirtschaftspark Ennsdorf

capital:

   19      EUR 2.500.000

reference date annual accounts:

    8      30. April

annual accounts:

   36      zum 30.04.2013 eingereicht am 13.12.2013

power of representation:

    1      Die Gesellschaft wird, wenn mehrere Geschäftsführer
           bestellt sind, durch zwei Geschäftsführer gemeinsam oder
           durch einen von ihnen gemeinsam mit einem Prokuristen
           vertreten.
           Die Generalversammlung kann, auch wenn mehrere Geschäfts-
           führer bestellt sind, einzelnen von ihnen selbständige
           Vertretungsbefugnis erteilen.
    1   Gesellschaftsvertrag  vom 20.07.1993                                001
    4   Generalversammlungsbeschluss  vom 22.02.1994                        002
          Neufassung des Gesellschaftsvertrages.
    5   Generalversammlungsbeschluss  vom 13.09.1994                        003
          Kapitalerhöhung um ATS 30.000.000,--.
          Änderung des Gesellschaftsvertrages im § 3.
    8   Generalversammlungsbeschluss  vom 25.04.1995                        004
          Ergänzung des Gesellschaftsvertrages durch Beifügung
          eines § 12.
   17   Gesellschafterbeschluss  vom 18.11.1999                             005
          Neufassung des Gesellschaftsvertrages.
   19   Gesellschaftsvertrag mit Generalversammlungsbeschluss               006
          vom 24.10.2001
          gemäß 1. Euro-JuBeG angepasst.
   19   Generalversammlungsbeschluss  vom 24.10.2001                        007
          Kapitalerhöhung aus Gesellschaftsmitteln um EUR 247.142,14
          Änderung des Gesellschaftsvertrages im § 3

proxy:

         I   Hermann Wiesinger, geb. 29.04.1971
   15        vertritt seit 18.11.1999 selbständig
         J   Ing. Wolfgang Kunze, geb. 27.08.1962
   22        vertritt seit 01.04.2001 gemeinsam mit
             einem Geschäftsführer oder einem weiteren Prokuristen

managing director:

         A   Francesco Scarpari, geb. 03.10.1955
   13        vertritt seit 22.12.1997 selbständig

shareholder:

         K   SALVAGNINI ITALIA S.P.A.
   30        ..................    EUR 2.500.000
   30        .............................................    EUR 2.500.000
                          ------------------------------------------------------
                   Summen:         EUR 2.500.000              EUR 2.500.000

general table:

 Handelsgericht Wien
   1 eingetragen am 03.08.1993                  Geschäftsfall 703 Fr  1782/93 g
       Antrag auf Neueintragung einer Firma  eingelangt am 28.07.1993
 Landesgericht Linz
   4 eingetragen am 01.07.1994                  Geschäftsfall  17 Fr  2178/94 f
       Antrag auf Sitzverlegung  eingelangt am 24.06.1994
   5 eingetragen am 01.12.1994                  Geschäftsfall  17 Fr  4334/94 a
       Antrag auf Änderung  eingelangt am 07.10.1994
   8 eingetragen am 11.08.1995                  Geschäftsfall  12 Fr  1375/95 x
       Antrag auf Änderung  eingelangt am 28.04.1995
  13 eingetragen am 21.01.1998                  Geschäftsfall  13 Fr   130/98 z
       Antrag auf Änderung  eingelangt am 13.01.1998
  15 eingetragen am 16.12.1999                  Geschäftsfall  34 Fr  4745/99 z
       Antrag auf Änderung  eingelangt am 19.11.1999
 Landesgericht St. Pölten
  17 eingetragen am 30.12.1999                  Geschäftsfall  28 Fr  6648/99 t
       Antrag auf Sitzverlegung  eingelangt am 17.12.1999
  19 eingetragen am 27.11.2001                  Geschäftsfall  28 Fr  5619/01 p
       Antrag auf Änderung  eingelangt am 21.11.2001
  22 eingetragen am 06.08.2003                  Geschäftsfall  18 Fr  2030/03 f
       Einreichung Jahresabschluss  eingelangt am 01.08.2003
  24 eingetragen am 26.02.2004                  Geschäftsfall  18 Fr   234/04 y
       Antrag auf Änderung  eingelangt am 29.01.2004
  25 eingetragen am 24.06.2004                  Geschäftsfall  18 Fr  1796/04 w
       Antrag auf Änderung  eingelangt am 17.06.2004
  30 eingetragen am 25.03.2009                  Geschäftsfall  18 Fr   735/09 d
       Antrag auf Änderung  eingelangt am 20.03.2009
  32 eingetragen am 11.11.2010                  Geschäftsfall  18 Fr  2218/10 v
       Elektronische Einreichung Jahresabschluss  eingelangt am 28.06.2010
  36 eingetragen am 17.12.2013                  Geschäftsfall  18 Fr  4938/13 w
       Elektronische Einreichung Jahresabschluss  eingelangt am 13.12.2013

 

Real estate

 

Registration number of real estate  843  Cadastral register  03109  Ennsdorf N  Number and date of entry  959/2008  Status of  2013-10-01 

Part A - type of real estate  :

    870/11  G GST-Fläche       (*    34050) Änderung der Fläche in Vorbereitung
              Baufl.(Gebäude)        13879
              Sonstige               20171
              (Werksgelände)                Dr. Guido Salvagnini Straße 1
    1  a 1181/1999 Eröffnung der Einlage für Gst 870/11 aus EZ 780
    2  a 115/2001 Kaufvertrag 2000-06-02 Zuschreibung Teilfläche(n) Gst
           870/1 aus EZ 780, Einbeziehung in Gst 870/11 (Plan 2000-05-31 4288)
    3  a 615/2002 Kaufvertrag 2001-11-16 Zuschreibung Teilfläche(n) Gst
           870/1 aus EZ 780 - Einbeziehung in Gst 870/11 (Plan 2001-07-27 4678)
    4  a 895/2002 Superädifikat auf Gst 870/11
           (Bürogebäude samt Produktionshalle Uh 3/2002)
    5  a 959/2008 Kaufvertrag 2007-08-02 Zuschreibung Teilfläche(n) Gst
           870/1 (1) aus EZ 780, Einbeziehung in Gst 870/11 (GZ 6629, P-679/07)
 

Part B - ownership details  :

    1 ANTEIL: 1/1
      Salvagnini Maschinenbau GmbH (FN 41116s)
      ADR: Industriezone West Str. 5, Ennsdorf   4482
       a 1181/1999 Kaufvertrag 1998-07-08 Eigentumsrecht
       b 1181/1999 Vorkaufsrecht
       c 122/2001 Adressenänderung
       d 959/2008 Vorkaufsrecht
 

Part C - registered charges  :

    1  a 1181/1999
           VORKAUFSRECHT gem P XII Kaufvertrag 1998-07-08 für
           ECO Plus Niederösterreichs Regionale Entwicklungsagentur
           Gesellschaft m.b.H.
    2  a 895/2002
           BESTANDRECHT bis 2051-09-30
           gem P I. II. VII. Bestandvertrag 2002-03-13 für
           IMMORENT-GREKO Grundverwertungsgesellschaft m.b.H.
           (FN 109373v)
    3  a 895/2002
           DIENSTBARKEIT der Medienversorgung
           gem P IV.7. Bestandvertrag 2002-03-13 für
           IMMORENT-GREKO Grundverwertungsgesellschaft m.b.H.
           (FN 109373v)
    4  a 1636/2004 Pfandurkunde 2004-06-11
           PFANDRECHT                              Höchstbetrag EUR 8,400.000,--
           für Allgemeine Sparkasse Oberösterreich
           Bankaktiengesellschaft
    5  a 974/1954 976/1954 977/1954 980/1954 982/1954 1034/1954
           1021/1977 bis 1023/1977 1097/1987 3518/1998 2961/2000
           3277/1989 3278/1989 1212/1990 bis 1225/1990 1021/1997 bis
           1023/1997 3518/1998 2961/2000
           DIENSTBARKEIT der 110 KV-Übertragungsleitung
           Asten-Amstetten über Gst 870/11 für Österreichische
           Bundesbahnnen
       b 959/2008 Übertragung der vorangehenden Eintragung(en)
           aus EZ 780
    6  a 999/1994 1021/1997 bis 1023/1997 2961/2000 11961/2002
           1892/2003 2903/2004
           DIENSTBARKEIT der Gasleitung und der technischen Anlagen
           auf Gst 870/11 gem P 1 2 Dienstbarkeitsvertrag 1994-02-18
           für EVN Energie-Versorgung Niederösterreich
           Aktiengesellschaft
       b 959/2008 Übertragung der vorangehenden Eintragung(en) aus
           EZ 780
    7  a 959/2008
           VORKAUFSRECHT gem Pkt VII Kaufvertrag 2007-08-02 für
           ecoplus. Niederösterreichs Wirtschaftsagentur GmbH
            Eintragungen ohne Währungsbezeichnung sind Beträge in ATS

 

Private data

 

 

Surname

 

 

Date of

birth

 

 

Address

 

 

Executive positions

 

Further executive positions (as registered in the companies' house)

Francesco Scarpari

 

1955-10-03 

 

36100 Vicenza Strad Bertesina 270

manager

 

0

 

Hermann Wiesinger

 

1971-04-29 

 

4030 Linz Fuchsengutstraße 7(c/o)

individual signing clerk,

head of accounting,

head of personnel

 

0

 

MBA, MSc Ing.  Wolfgang Kunze

1962-08-27 

 

4060 Leonding Gaumbergstraße 82

joint signing clerk,

technical director

 

1

 

 

 

Balance Sheet (absolute) all amounts in EUR 

 

 

2013-04-30 

Franchises, patents, licences, trademarks and similar rights and advantages

181.475,15

Sum intangible assets

181.475,15

Land with buildings (basic value)

6.911.523,76

Other operating and business equipment

505.020,64

Technical plants and machines

2.397.697,33

Sum tangible assets

9.814.241,73

Other shareholdings

2.000,00

Other financial assets, values and securities of fixed assets

175.853,84

Sum financial assets

177.853,84

Sum fixed assets

10.173.570,72

Raw-, auxiliary materials and supplies

8.833.507,57

Unfinished products

7.424.780,90

Finished products

2.657.240,00

Sum stock

18.915.528,47

Claims from delivered goods and performed services

3.592.474,41

Claims against related firmes Claims against companies with shareholding relationship

13.424.022,58

Special account claims

1.908.838,01

Sum claims

18.925.335,00

Cash on hand, cheques and bank deposits

34.664,50

Sum cash and bank

34.664,50

Sum current assets

37.875.527,97

Deferred charges

162.149,28

Sum deferred charges

162.149,28

Assets

48.211.247,97

Subscribed/declared capital

2.500.000,00

Legal reserves

250.000,00

Free reserves

941.329,83

Balance sheet profit/balance sheet loss

20.881.109,25

Thereof profit/loss carried forward

17.442.680,10

Sum equity capital

24.572.439,08

Valuation reserves and other reserves before taxes

8.542,29

Sum reserves before taxes

8.542,29

Investment contributions

448.934,55

Sum floor capital

448.934,55

Reserves for severance pays

2.325.007,46

Tax reserves

1.787.392,00

Other reserves

3.108.599,10

Sum reserves

7.220.998,56

Liabilities against credit institutes

5.909.484,31

Received advanced payments for orders

938.363,75

Liabilities from delivered goods and performed services

4.437.685,64

Liabilities against related firms

1.832.722,16

Other liabilities

2.542.697,85

Sum liabilities

15.660.953,71

Deferred income

299.379,78

Sum deferred income

299.379,78

Liabilities

48.211.247,97

Balance sheet sum

48.211.247,97

 

 

P / L Account (absolute) all amounts in EUR 

 

 

2013-04-30

Gross sales 

71.995.021,90

Increase or decrease in finished and unfinished goods and in service claims 

1.034.880,07

Other manufacturing costs capitalized 

230.020,93

Total turnover or gross profit 

73.259.922,90

Profits from retirement of fixed assets, except financial assets 

925.493,99

Income from dissolution of reserves 

36.327,90

Other operating profits 

1.731.243,37

Other operating profits totally 

2.693.065,26

Costs for obtained services 

-22.273.579,96

Material costs 

-21.878.028,99

Costs for obtained services totally 

-44.151.608,95

Wages 

-4.067.639,91

Salaries 

-10.201.632,16

Costs for severance pays 

-458.784,16

Legal fringe benefits and other payments depending on salaries 

-3.838.170,88

Other social fringe benefits 

-332.464,15

Personnel expenses totally 

-18.898.691,26

Depreciation of intangible assets, tangible assets,activated expenses for the set up and expansion of business operation 

-1.387.241,78

Depreciation tangible assets / intangible assets totally 

-1.387.241,78

Other operating costs 

-6.737.464,62

Other taxes 

-41.963,02

Total costs 

-6.779.427,64

Operating result totally 

4.736.018,53

Income from other securities and loans of financial assets 

3.592,86

Interest income, securties income and similar income 

304.406,10

Interest and similar disbursements 

-514.107,72

Financial profits totally 

-206.108,76

Results from usual business activity totally 

4.529.909,77

Taxes on income and profits 

-1.225.604,96

Taxes on income and profits totally 

-1.225.604,96

Annual surplus/annual deficit totally 

3.304.304,81

Dissolution reserves before taxes 

134.124,34

Reserves movements totally 

134.124,34

Annual profit/annual loss totally 

3.438.429,15

Profit and loss carried forward from previous year 

17.442.680,10

Transfer of profits totally 

17.442.680,10

B/S profit/ B/S loss from profit and loss account 

20.881.109,25

 

 

Key ratios

 

 

2013  

Cash flow II

  4.691.546,59

Debt amortisation period

  4,66

Bank indebtedness

  12,25

Equity capital share

  52,94

Social capital share

  4,82

Fixed assets coverage

  268,88

Net profit ratio

  6,18

Capital turnover

  1,51

Return on investment

  10,46

Cash flow in % of operating performance

  6,40

Cash flow I

  5.917.151,55

Gross productivity

  3,87

Net productivity

  1,54

Operating performance

  73.259.922,90

Inventories in % of operating performance

  25,81

Gross profit

  29.108.313,95

 

Locations

 

Type

Locations

Description

 

 

E-mail 

operational 

Dr. Guido Salvagnini-Straße  1, A-4482 Ennsdorf

registered office 

 

 

 

operational 

Dr. Guido Salvagninistraße  1, A-4482 Ennsdorf

registered headquarters, owned property 

 

 

management@salvagnini.com

former 

Industriezone West Straße  5, A-4482 Ennsdorf

registered office 

 

 

 

former 

Industriezone West Straße  5, A-4482 Ennsdorf

registered headquarters 

 

 

 

former 

Fuchsengutstraße  7, A-4030 Linz

registered headquarters 

 

 

 

 

related companies

 

Company name

 

 

Stake in %

 

Shares in this company are held by:

SAVAGNINI ITALIA S.P.A.

 

Savagnini cap  36040/1 Sarego

100 % 2009-03-25

 

 

 

Bankers

 

Banker

Bank sort code

Type of banking connection

Allgemeine Sparkasse Oberösterreich Bankaktienges., 4041 Linz

 

20320

 

main bank connection

 

UniCredit Bank Austria AG, 4021 Linz/Donau

 

11000

 

secondary banking connection

 

Intesa Sanpaolo S.p.A., 1010 Wien

 

19640

 

secondary banking connection

 

 

 

Historical development

 

Year of incorporation:

1993

Date of registration:

1993-08-03

 

Change in share capital

 

From

To

Capital

   

  2001-11-27

ATS  31.000.000,00

  2001-11-27

   

EUR  2.500.000,00

 

 

Former executives

 

From

To

Function

Name

   

  1997-04-16

manager 

Francesco Scarpari 

  1997-04-16

  1998-01-21

manager 

Gesuino Cossu 

  1997-04-16

  1998-01-21

individual signing clerk 

Francesco Scarpari 

   

  1999-12-16

individual signing clerk 

Ferruccio Sartori 

 

Former shareholders:

From

To

Function

Name

   

  1997-01-09

partner 

Salvagnini Italia Spa. 

  1997-01-09

  2009-03-25

partner 

Salvagnini BV 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.61

UK Pound

1

Rs.97.27

Euro

1

Rs.69.63

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

NIT

 

               

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