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Report No. : |
327753 |
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Report Date : |
23.06.2015 |
IDENTIFICATION DETAILS
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Name : |
GRÜNIG-INTERSCREEN AG |
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Registered Office : |
Ringgenmatt 14 3150 Schwarzenburg/BE |
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Country : |
Switzerland |
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Date of Incorporation : |
1967 |
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Com. Reg. No.: |
035.3.007.501-8 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Development, manufacture, assembly and sales
of machines in the field of plant and equipment. Products are screen printing
machines, clamping machines, coating machines and screen washing |
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No. of Employee : |
45 |
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 – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
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 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.
|
Source
: CIA |
GRÜNIG-INTERSCREEN AG
Operating address:
Ringgenmatt 14
3150
Schwarzenburg/BE
Switzerland/CH
Telephone: 031
7342600
Fax: 031
7342601
Web
site: http://www.grunig.ch
E-mail: mail@grunig.ch
WIN
Worldbox No.: CH0000196004
VAT-No.: CHE-102.614.679 MWST
UID-No.: CHE102614679
Established: 1967
History: 1974: Limited company
Line
of Business: Machinery
Industry
Division: Manufacturing
Industry-code (NACE): 2899 Manufacture of other special-purpose
machinery n.e.c.
Import/Export: Export
Export
sales: 90,0%
Banks: unknown
Coverage:
Company
Figures: estimated
Financial
year: 2015
Employees: 45
Sales: CHF 16,000,000.--
The Business activities are the development,
manufacture, assembly and sales of machines in the field of plant and
equipment. Products are screen printing machines, clamping machines, coating
machines and screen washing. The machines are sold in over 50 countries
worldwide.
Information on property ownership was not available.
Company
No: 035.3.007.501-8
UID-No.: CHE102614679
Legal
form: Company limited by
shares
Registration: 22.11.1974
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Bern
History: Date of Statutes:
19.12.1995
Date of
Incorporation Statutes: 20.11.1974
Entry Deleted Name
30.10.1995 Grünig-Interscreen
AG
30.10.1995 H.U. Grünig AG
Entry Deleted Legal domicile
active Schwarzenburg,
Switzerland
removed Wahlern, Switzerland
Entry Deleted Address
active Ringgenmatt,
3150 Schwarzenburg, Switzerland/CH
Entry Deleted Capital
active Share
Capital CHF 200,000, paidup CHF 200,000
Entry Deleted Capital Structure
active 200
Registered shares of CHF 1,000.--
Title Name
President Marcel
Grünig
Citizen:
Burgistein, Switzerland
Residential
address: 3150 Schwarzenburg, Switzerland
single
signature
Registered
since: 01.10.1999
Director Andreas
Ferndriger
Citizen:
Wahlern, Switzerland
Residential
address: 3145 Niederscherli, Switzerland
joint
power of attorney of two
Director Hans
Ulrich Grünig
Citizen:
Burgistein, Switzerland
Residential
address: 3150 Schwarzenburg, Switzerland
joint
power of attorney of two
Director Elisabeth
Grünig-Ulrich
Citizen:
Burgistein, Switzerland
Residential
address: 3150 Schwarzenburg, Switzerland
joint
power of attorney of two
Title Name
Auditor BDO AG
Residential
address: Burgdorf, Switzerland
Id:
CH-053.9.006.375-4
Title Name
Chief
Executive Officer Marcel
Grünig (mg@grunig.ch)
Chief
Operating Officer Andreas
Ferndriger (fa@grunig.ch)
Chief
Development Officer Markus
Rohrbach (rm@grunig.ch)
Chief
Production Officer Walter
Zbinden (zw@grunig.ch)
Chief
Accounting Officer Irčne
Bourqui (ib@grunig.ch)
Chief
Administration Officer Yvonne May
(my@grunig.ch)
Name: Grünig Holding AG
City/Country: Schwarzenburg/BE, Switzerland/CH
No.
of Owner/-s: 1
Owner: The company is domestic
owned.
Class: 100%
Type: direct, Group-Level 1
Name: Grünig Holding AG
City/Country: Schwarzenburg/BE, Switzerland/CH
Interest: 100,00% voting right,
100,00% capital interest
It is believed that the company has no investments.
Balance sheet publication:
The subject company does not publish balance sheet or turnover figures.
Control date Year No. Amount CHF Status
04.09.2014 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
28.06.2007 2007 0 Legal
actions
31.12.2006 2006 0 Legal actions
31.12.2005 2005 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 difficult to assess.
Payment
experiences: Payment habits are
considered good.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.51 |
|
|
1 |
Rs.100.94 |
|
Euro |
1 |
Rs.72.32 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
ANK |
RATING EXPLANATIONS
|
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 |
|
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 |
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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 |
|
<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.