MIRA INFORM REPORT

 

 

Report No. :

313706

Report Date :

25.03.2015

 

IDENTIFICATION DETAILS

 

Name :

COMPAGNIE GRAINIÈRE SA

 

 

Registered Office :

Auenstrasse 8, 8600 Dübendorf/ZH, Switzerland/CH

 

 

Country :

Switzerland

 

 

Date of Incorporation :

25.02.1926

 

 

Com. Reg. No.:

020.3.905.720-8

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

·         Wholesale of grain, unmanufactured tobacco, seeds and animal feeds

·         Wholesale of metals and metal ores

·         Wholesale of wood, construction materials and sanitary equipment

 

 

No. of Employees :

12

 

 

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 :

No Complaints

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 – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

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 export demand and put Switzerland in a recession. The Swiss National Bank (SNB) during this period effectively 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 currently unfolding in neighboring euro-zone countries pose a significant risk to Switzerland's financial stability and are driving up demand for the Swiss franc by investors seeking a safe-haven currency. 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. Switzerland has also come under increasing pressure from individual neighboring countries, the EU, the US, and international institutions to reform its banking secrecy laws. Consequently, the government agreed to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The government has renegotiated its double taxation agreements with numerous countries, including the US, to incorporate the OECD standard, and is considering the possibility of imposing taxes on bank deposits held by foreigners. These steps will have a lasting impact on Switzerland's long history of bank secrecy.

 

Source : CIA

 

Note

 

Comments about your request:

Note: The subject of your inquiry is a Division of Compagnie Grainière SA. We are reporting on the headquarters.

 

 

Company name

 

COMPAGNIE GRAINIÈRE SA

 

 

Operating address

 

Auenstrasse 8

8600 Dübendorf/ZH

Switzerland/CH

 

Telephone:        044 8011200

Fax:                  044 8011201

 

Web site:          http://www.grainiere.ch

E-mail:              zucker@grainiere.ch

 

WIN Worldbox No.:       CH0000310625

VAT-No.:                       CHE-101.451.653 MWST

UID-No.:                       CHE101451653

 

 

Profile

 

Established:      1926

Line of Business:          Consumer goods wholesale

Industry Division:          Wholesale trade

Industry-code (NACE):   4621     Wholesale of grain, unmanufactured tobacco, seeds and animal feeds

                                    4672     Wholesale of metals and metal ores

                                    4673     Wholesale of wood, construction materials and sanitary equipment

Import/Export:   Import, Export

Banks:  UBS Ltd

            CS Credit Suisse

            ZKB Zürcher Kantonalbank

 

 

Operational Figures

 

Coverage:         Company

Figures:            estimated

Financial year:   2015

Employees:      12

 

 

Activity

 

The companies core businesses are conducted through the following divisions: Sugar (source of sugar from overseas and the EU destined for the Swiss market), Grain/Cereals, Animal Feed, Oilseeds and Pulses (source of grain/cereals, aminal feed, oilseeds and pulses from world markets for sale to Switzerland).

 

Division Hermes Alloys:

Hermes Alloys is a supplier of Metals, Ferro-Alloys and Technical Products. The commercial counterparts are both producers and industrial consumers within the Steel and Aluminium industry.

 

Division Hermes GabroStone:

Hermes GabroStone is the purchasing organization acting for and on behalf of the affiliated company Hermes GabroStone Spzoo, Szczecin / Poland. Granite, Marble, Limestone and Slate in form of slabs, cut-to-size and tiles are sourced from high quality producers in Brazil, China, India and Turkey.

 

 

Real Estate

 

Real Estate:      The company does not appear to own any property.

 

 

Company Register

 

Company No:    020.3.905.720-8

UID-No.:           CHE101451653

Legal form:       Company limited by shares

Registration:     25.02.1926

Legal status:     active

Responsible Register:   Handelsregister des Kantons Zürich

History: Date of Statutes: 30.08.1991

            Date of Statutes: 20.12.1993

            Date of Statutes: 29.10.1992

 

Entry    Deleted Name

active               Compagnie Grainière SA

 

Entry    Deleted Legal domicile

active               Dübendorf, Switzerland

 

Entry    Deleted Address

14.12.1998                    Auenstrasse 8, 8600 Dübendorf, Switzerland/CH

            14.12.1998        Auenstrasse 6, 8600 Dübendorf/ZH, Switzerland/CH

 

Entry    Deleted Capital

28.12.1993                    Share Capital CHF 3,000,000, paidup CHF 3,000,000

 

Entry    Deleted Capital Structure

28.12.1993                    3,000 Registered shares of CHF 1,000.--

 

 

Official Administration

 

Title      Name

President, Chief Executive         Paul O. Rutz

            Citizen: Meilen, Switzerland

            Residential address: Meilen, Switzerland

            single signature

Vice-President   Thomas Rutz

            Citizen: Zürich, Switzerland

            Residential address: Zürich, Switzerland

            single signature

Director            Dr. iur. Hans Bodmer

            Citizen: Niedererlinsbach, Switzerland

            Residential address:  Frauenfeld, Switzerland

            joint signature of two

 

 

Management

 

Title      Name

Member with signing authority    Anna-Elisabeth  Bosshard

            Citizen: Sternenberg, Switzerland

            Residential address: Wallisellen, Switzerland

            joint signature of two

            Registered since: 17.08.2001

Member with signing authority    Silvia  Lang

            Citizen: Fischbach-Göslikon, Switzerland

            Residential address: Neuenhof, Switzerland

            Born: 05.04.1963

            joint signature of two

            Registered since: 26.02.1998

Member with signing authority    Marianne  Zogg

            Citizen: Grabs, Switzerland

            Residential address: Mönchaltorf, Switzerland

            Born: 1941

            joint signature of two

            Registered since: 20.12.1999

Member with procuration            Karin Duczek

            Citizen: Zürich, Switzerland

            Residential address: Erlenbach/ZH, Switzerland

            joint power of attorney of two

Member with procuration            Peter  Seiler

            Citizen: Dübendorf, Switzerland

            Residential address: Wallisellen, Switzerland

            Born: 19.03.1952

            single power of attorney

            Registered since: 05.03.2002

 

 

External Positions

 

Title      Name

Auditor Bachmann Treuhand AG

            Residential address: Zürich, Switzerland

            Id: CHE-110.528.384

            Registered since: 06.04.2004

 

 

Executive board

 

Title      Name

Chief Executive Officer  Thomas Rutz (t.rutz@grainiere.ch)

Chief Financial Officer, Chief Information Officer, Chief Controlling Officer          Anna-Elisabeth  Bosshard (a.bosshard@grainiere.ch)

Chief Business Segment Officer            Karin Duczek (k.duczek@grainiere.ch)

Chief Business Segment Officer            Silvia  Lang

 

 

Ultimate Parent Company

 

Name:   Hermes Trade Holding AG

City/Country:     Dübendorf/ZH, Switzerland/CH

 

 

Owner/-s

 

No. of Owner/-s:            1

Owner:  The company is domestic owned.

 

Class:   100%

Type:    direct, Group-Level 1

Name:   Hermes Trade Holding AG

City/Country:     Dübendorf/ZH, Switzerland/CH

Interest:            100,00% voting right, 100,00% capital interest (since 01.01.2011)

 

 

Investments

 

It is believed that the company has no investments.

 

 

Financials

 

Balance sheet publication:        

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

 

 

Legal Actions

 

Control date      Year     No.       Amount CHF     Status

06.10.2009        2009     0                      Legal actions

31.12.2008        2008     0                      Legal actions

31.12.0207        2007     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

 

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.

 

 


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:   There are no objections regarding the payment of financial obligations.

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.20

UK Pound

1

Rs.92.93

Euro

1

Rs.68.03

 

 

INFORMATION DETAILS

 

Analysis Done by :

SUB

 

 

Report Prepared by :

TPT

 

               


 

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.