MIRA INFORM REPORT

Report No. :	329159
Report Date :	30.06.2015

IDENTIFICATION DETAILS

Name :	OOO "TREGAR"

Registered Office :	Ul Krasutskogo 4a Liter A, 196084 G Sankt-Peterburg

Country :	Russia

Date of Incorporation :	12.11.2013

Com. Reg. No.:	1137847435043

Legal Form :	Limited Liability Companies

Line of Business :	Subject is engaged in wholesale of other food

No. of Employee :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
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

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)

Russia

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

RUSSIA - ECONOMIC OVERVIEW

Russia has undergone significant changes since the collapse of the Soviet Union, moving from a globally-isolated, centrally-planned economy towards a more market-based and globally-integrated economy, but stalling as a partially reformed, statist economy with a high concentration of wealth in officials' hands. Economic reforms in the 1990s privatized most industry, with notable exceptions in the energy and defense-related sectors. The protection of property rights is still weak and the private sector remains subject to heavy state interference. Russia is one of the world's leading producers of oil and natural gas and is also a top exporter of metals such as steel and primary aluminum. Russia's manufacturing sector is generally uncompetitive on world markets and is geared toward domestic consumption. Russia's reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the volatile swings in global prices. The economy, which had averaged 7% growth during 1998-2008 as oil prices rose rapidly, was one of the hardest hit by the 2008-09 global economic crisis as oil prices plummeted and the foreign credits that Russian banks and firms relied on dried up. In 2014, economic growth declined further when Russia forcibly violated Ukraine’s sovereignty and territorial integrity, and interfered in Ukraine’s internal affairs. In the second half of 2014, the Russian ruble lost about half of its value, contributing to increased capital outflows that reached $151.5 billion for the year; the ruble remains volatile. Declining oil prices, lack of economic reforms, and the imposition of foreign sanctions have contributed to the downturn and created wide expectations the economy will continue to slump. In April 2015, the Russian Ministry of Economic Development predicted that the Russia’s economy will contract by 3% in 2015, and average only 2.5% growth through 2030.

Source : CIA

Company name and address

OOO "TREGAR"

UL KRASUTSKOGO 4A LITER A,
196084 G SANKT-PETERBURG

Tel: 78129120042
Telefax: 78129120045

Company development

Constant company development.

Business course

Satisfactory order situation.

Terms of payment

No complaints / delays of payments are known.

Business connection

Business connection is not denied. Credit is not assigned, it requires securities.

Legal form

Limited liability companies (OOO)

Established on

12/11/2013 - Limited liability companies (OOO)

Registered on

12/11/2013, MEZHRAYONNAYA INSPEKTSIYA FNS ROSSII N 15 PO SANKT-PETERBURGU,

RegNr.: 1137847435043
Tax number: 7839487405
Statistical number: 31080010

Registered capital

RUB

16 667,-

Owner	Olga Ivanovna YArovikova	%	60
	Ruslan Lenmarovich Akimov	%	40

Sole Executive Body

Igor Petrovich Targonskiy
Managing director

General data

Main activity:

Wholesale of other food

Full name:

Obshchestvo s ogranichennoy otvetstvennostyu "TREGAR"

Short name:

OOO "TREGAR"

Residence address:

UL KRASUTSKOGO 4A LITER A, 196084 G SANKT-PETERBURG
Tel:
78129120042
Telefax:
78129120045

Other activities

	Agents involved in the sale of agricultural raw materials
	Agents involved in the sale of fuels

	Agents involved in the sale of food
	Agents specializing in the sale of particular products or ranges of products n.e.c.

	Wholesale of grain
	Wholesale of fruit and vegetables

	Wholesale of meat and meat products
	Wholesale of dairy produce

	Wholesale of alcoholic and other beverages
	Wholesale of tobacco products

	Wholesale of sugar and chocolate and sugar confectionery
	Wholesale of coffee

	Non-specialized wholesale of food
	Wholesale of perfume and cosmetics

	Wholesale of pharmaceutical goods
	Wholesale of other household goods

	Wholesale of chemical products
	Wholesale of other intermediate products

	Other wholesale trade
	Retail sale in non-specialized stores with food

	Other retail sale in non-specialized stores
	Retail sale of fruit and vegetables

	Retail sale of meat and meat products
	Retail sale of fish

	Retail sale of bread
	Retail sale of alcoholic and other beverages

	Retail sale of tobacco products
	Other retail sale of food

	Dispensing chemists
	Retail sale of medical and orthopaedic goods

	Retail sale of cosmetic and toilet articles
	Retail sale via mail order houses

	Activities of other transport agencies
	Technical testing and analysis


Annual turnover

31/12/2013

Enterprise turnover

RUB

0,-

Remarks

OOO “TREGAR” does not disclose any information about itself in open sources.
According to the research, through the managing director of OOO “TREGAR”, Igor Petrovich Targonsky, the company is affiliated with following legal persons:
OOO “SPASATEL” – OGRN: 1079847059324, Saint-Petersburg. The company was excluded from the state register as non-active in 2013. Igor Petrovich Targonsky was the managing director of this company.
Affiliation through the managing director with other legal subjects has not been revealed.
The subject did not participate in court cases.
According to the information, disclosed by the Federal Tax Service, OOO “TREGAR” does not have tax arrears, the company is not going to be excluded from the state register as non-active.
According to the information, disclosed by the Pension Fund of Russian Federation, OOO “TREGAR” does not have delays in social payments.
According to the information, disclosed by the Federal Labor Service, OOO “TREGAR” does not plan to attract foreign employees.
According to the research, OOO “TREGAR” does not meet the most frequently encountered in practice characteristics of unreliable companies (so-called “shell” companies), developed by the Federal Tax Service of Russian Federation.
OOO “TREGAR” is not in the list of default debtors, the Register of unfair suppliers, the blacklist of Russian companies.
The management of the company is not in the list of default debtors, the register of disqualified persons, the blacklist of Russian Private Persons.

A. The enclosed balance of 2013 is originated from official source, no data available about authentication. (31.12.2013 - 1000 RUB)

Balance

	A 31.12.2013	B	C
1. ASSETS
Tangible non-current assets	0
Intangible, financial and other non-current assets	4
Resources	0
Cash and cash equivalents	0
Financial and other current assets	0
BALANCE	4
2. LIABILITIES
Capital and reserves	-5
Long-term debt	0
Other long-term liabilities	0
Short-term borrowings	6
Payables	4
Other short-term liabilities	0
BALANCE	4
A. The enclosed profit and loss account of 2013 is originated from official source, no data available about authentication. (31.12.2013 - 1000 RUB)


profit and loss account

	A 31.12.2013	B		C
Turnover	0
Expenditure on ordinary activities	14
Outstanding interest	0
Other income	4
Other expenses	5
Taxes on income (profit)	0
Net income (loss)	-15

Ratios			2013

	Current ratio	n/a
	Quick ratio	n/a

	Average Collection Period	n/a
	Payables turnover Period	n/a

	Debt ratio	0
	Equity to total assets ratio	0

	Funding ratio	n/a
	Return on sales	n/a

	Return on Assets	n/a
	Return on Equity	n/a

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.91
UK Pound	1	Rs.100.40
Euro	1	Rs.70.41

INFORMATION DETAILS

Analysis Done by :	DIV

Report Prepared by :	ASH

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%)

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