MIRA INFORM REPORT

 

 

Report No. :

327998

Report Date :

23.06.2015

           

IDENTIFICATION DETAILS

 

Name :

HATEBUR UMFORMMASCHINEN AG

 

 

Registered Office :

General Guisan-Strasse 21, Postfach 916, 4153 Reinach/BL

 

 

Country :

Switzerland

 

 

Year of Establishment :

1930

 

 

Com. Reg. No.:

280.3.915.809-6

 

 

Legal Form :

Company Limited by Shares

 

 

Line of Business :

Manufacture of Metal Forming Machinery.

 

 

No. of Employees :

190

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

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

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

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

 

 

Company name

 

HATEBUR UMFORMMASCHINEN AG

 

 

Operating address

 

General Guisan-Strasse 21

Postfach 916

4153 Reinach/BL

Switzerland/CH

 

Telephone:                   061 7162111

Fax:                             061 7162131

 

Web site:                      http://www.hatebur.com

E-mail:                         hatebur@hatebur.ch

 

WIN Worldbox No.:       CH0000099756

VAT-No.:                      CHE-101.194.522 MWST

UID-No.:                       CHE101194522

 

 

Profile

 

Established:                 1930

History:                        1930:      Established from Fritz B. Hatebur

Line of Business:          Machinery

Industry Division:          Manufacturing

Industry-code (NACE):  2891       Manufacture of machinery for metallurgy

                                    2841       Manufacture of metal forming machinery

Import/Export:              Export

Export sales:                95,0%

Banks:                          unknown

 

 

Operational Figures

 

Coverage:                    Company

Figures:                        estimated

Financial year:              2015

Employees:                  190

Sales:                          CHF 70,000,000.--

 

 

Activity

 

The Company is active in the development and marketing of high-quality forming machines and tools, which are used to manufacture precision metal parts in large quantities. Trade Mark: Hatebur.

 

 

Real Estate

 

Real Estate:                  It is understood that the company owns certain property.

 

 

Company Register

 

Company No:               280.3.915.809-6

UID-No.:                       CHE101194522

Legal form:                   Company limited by shares

Registration:                 14.11.1979

Legal status:                 active

Responsible Register:   Handelsregister des Kantons Basel-Landschaft

History:                        Date of Incorporation Statutes: 02.11.1979

                                    Date of Statutes: 24.06.1997

 

Entry          Deleted      Name

active                           Hatebur Umformmaschinen AG

active                           Hatebur Metalforming Equipment Ltd (Name translated)

active                           Machines de Formage Hatebur SA (Name translated)

 

Entry          Deleted      Legal domicile

active                           Reinach (BL), Switzerland

 

Entry          Deleted      Address

active                           General Guisan-Strasse 21, 4153 Reinach/BL, Switzerland/CH

 

Entry          Deleted      Capital

active                           Share Capital CHF 8,000,000, paidup CHF 8,000,000

 

Entry          Deleted      Capital Structure

active                           8,000 Registered shares of CHF 1,000.--

 

 

Official Administration

 

Title                                           Name

President                                    Claudine Hatebur Calderón Ruiz de Chávez

                                                  Citizen: Basel, Switzerland

                                                  Residential address: 8000 Zürich/ZH, Switzerland

                                                  joint signature of two

                                                  Registered since: 17.03.2010

Director                                      Dr. Hans Wolfgang Baumgartner

                                                  Citizen: Winterthur, Switzerland

                                                  Residential address: 8463 Benken /ZH, Switzerland

                                                  joint signature of two

                                                  Registered since: 10.04.2003

Director                                      Dr. Eduard Rikli

                                                  Citizen: Wangen an der Aare, Switzerland

                                                  Residential address: 8000 Zürich/ZH, Switzerland

                                                  joint signature of two

                                                  Registered since: 18.05.2010

 

 

Management

 

Title                                           Name

Director                                      Thomas Hiltmann

                                                  Citizen: Zuzgen, Switzerland

                                                  Residential address: Maisprach, Switzerland

                                                  joint signature of two

                                                  Registered since: 04.06.2014

Director                                      Andreas Matt

                                                  Citizen: Germany

                                                  Residential address: Murg , Germany

                                                  joint signature of two

Director                                      Urs Tschudin

                                                  Citizen: Basel, Switzerland

                                                  Residential address: 4103 Bottmingen/BL, Switzerland

                                                  joint signature of two

Member with procuration             Christian Becker

                                                  Citizen: Schwyz, Switzerland

                                                  Residential address: Breitenbach, Switzerland

                                                  joint power of attorney of two

                                                  Registered since: 12.02.2002

Member with procuration             Reinhard Bührer

                                                  Citizen: Thayngen, Switzerland

                                                  Residential address: 8548 Ellikon an der Thur/ZH, Switzerland

                                                  joint power of attorney of two

                                                  Registered since: 21.12.2009

Member with procuration             Christian Bürgin

                                                  Citizen: Känerkinden, Switzerland

                                                  Residential address: 4000 Gelterkinden/BS, Switzerland

                                                  joint power of attorney of two

                                                  Registered since: 06.03.2007

Member with procuration             Johannes Thomas Christoffel

                                                  Citizen: Riein, Switzerland

                                                  Residential address: Wittnau, Switzerland

                                                  joint signature of two

                                                  Registered since: 18.07.2012

Member with procuration             Hansjörg Gebhard

                                                  Citizen: Germany

                                                  Residential address: Müllheim, Germany

                                                  joint power of attorney of two

                                                  Registered since: 18.07.2007

Member with procuration             Ralf Lauer

                                                  Citizen: Germany

                                                  Residential address: Bad Säckingen, Germany

                                                  joint power of attorney of two

                                                  Registered since: 04.02.2013

Member with procuration             Eva Lehmann

                                                  Citizen: Oberwil bei Büren, Hofstetten-Flüh, Switzerland

                                                  Residential address: Pfeffingen, Switzerland

                                                  joint power of attorney of two

                                                  Registered since: 11.12.2003

Member with procuration             Christoph Pergher

                                                  Citizen: Pratteln, Switzerland

                                                  Residential address: Muttenz, Switzerland

                                                  joint power of attorney of two

                                                  Registered since: 10.01.2000

Member with procuration             Giuseppe Sabato

                                                  Citizen: Italy

                                                  Residential address: Therwil, Switzerland

                                                  joint power of attorney of two

                                                  Registered since: 23.03.2011

Member with procuration             Klaus Schreiner

                                                  Citizen: Germany

                                                  Residential address: Schliengen , Germany

                                                  joint power of attorney of two

                                                  Registered since: 15.03.2005

Member with procuration             Patrick Stemmelin

                                                  Citizen: France

                                                  Residential address: Moernach, France

                                                  joint power of attorney of two

                                                  Registered since: 12.02.2002

 

 

External Positions

 

Title                                           Name

Auditor                                       PricewaterhouseCoopers AG

                                                  Residential address: Basel, Switzerland

                                                  Id: CH-270.9.000.974-6

                                                  Registered since: 30.06.2000

 

 

Executive board

 

Title                                           Name

Chief Executive Officer               Urs Tschudin

Chief Financial Officer                 Thomas Hiltmann

Chief Marketing Officer, Chief Sales Officer     Johannes Thomas Christoffel

Chief Technical Officer                Andreas Matt

 

 

Ultimate Parent Company

 

Name:                          Cofinanz Hatebur AG

City/Country:                Zürich/ZH, Switzerland/CH

 

 

Owner/-s

 

No. of Owner/-s:           1

Owner:                         The company is domestic owned.

 

Class:                          100%

Type:                           direct, Group-Level 1

Name:                          Cofinanz Hatebur AG

City/Country:                Zürich/ZH, Switzerland/CH

Interest:                        100,00% voting right, 100,00% capital interest

 

 

Investments

 

Class:                          100%

Name:                          Hatebur Japan KK

City/Country:                Tokyo, Japan/JP

Interest:                        100,00% voting right, 100,00% capital interest

 

Class:                          100%

Name:                          Hatebur (Shanghai) Technology Corp., Ltd.

City/Country:                Shanghai, China/CN

Interest:                        100,00% voting right, 100,00% capital interest

 

Class:                          100%

Name:                          HATEBUR Swiss Precision AG

City/Country:                Brugg AG/AG, Switzerland/CH

Interest:                        100,00% voting right, 100,00% capital interest (since 30.01.2013)

 

Class:                          100%

Name:                          Hatebur Umformmaschinen GmbH

City/Country:                Loerrach, Germany/DE

Interest:                        100,00% voting right, 100,00% capital interest

 

Class:                          50-100%

Name:                          Hatebur-Lumag Services AG

City/Country:                Roggliswil/LU, Switzerland/CH

Interest:                        60,00% voting right, 60,00% capital interest (since 28.08.2007)

 

 

Financials

 

Balance sheet publication:     

The subject company does not publish balance sheet or turnover figures.

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

07.10.2014          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

31.12.2008          2008                           0                                      Legal actions

31.12.2007          2007                           0                                      Legal actions

31.12.2006          2006                           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.

 

 

Sanctions List

 

The company is not listed in the WorldCompliance database.

 

 

Payment experiences

 

Debt collection case:

MAR 2009: CHF 474.00.

 

 

Credit Information

 

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

UK Pound

1

Rs.100.94

Euro

1

Rs.72.32

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

NIT

 

 

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%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.