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Report No. : |
320788 |
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Report Date : |
04.05.2015 |
IDENTIFICATION DETAILS
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Name : |
BRÜCKNER TEXTILE TECHNOLOGIES GMBH & CO. KG |
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Registered Office : |
Benzstr. 10, D 71229 Leonberg, Post
Box 11 54, D 71229 Leonberg |
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Country : |
Germany |
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Date of Incorporation : |
08.12.2005 |
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Com. Reg. No.: |
HRA 254481 |
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Legal Form : |
Ltd partnership with priv. ltd.
company as general partner |
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Line of Business : |
·
Engaged as systems suppliers
in the field of dry finishing of knitted and woven fabric, of finishing of
technical textile ·
Engaged
in manufacturing machinery for textile, apparel and leather production ·
Engaged
in wholesaling of machinery for the textile industry as well as sewing and
knitting machines Subject product ranges includes:- Textile Applications ·
Knitted fabrics ·
Woven fabrics ·
Energy-saving systems ·
Glass fibre fabric ·
Glass mesh fabric ·
Coated materials ·
Tarpaulin coating & billboards ·
Artificial leather ·
Floor coverings ·
Artificial grass carpet ·
Nonwovens |
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No of Employees : |
Not Available [We tried to confirm the number of employees but no one is ready to part
any information from the company management.] |
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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
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Germany |
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 |
GERMANY - ECONOMIC
OVERVIEW
The German economy - the
fifth largest economy in the world in PPP terms and Europe's largest - is a leading
exporter of machinery, vehicles, chemicals, and household equipment and
benefits from a highly skilled labor force. Like its Western European
neighbors, Germany faces significant demographic challenges to sustained
long-term growth. Low fertility rates and declining net immigration are
increasing pressure on the country's social welfare system and necessitate
structural reforms. Reforms launched by the government of Chancellor Gerhard
SCHROEDER (1998-2005), deemed necessary to address chronically high
unemployment and low average growth, has contributed to strong growth and
falling unemployment. These advances, as well as a government subsidized,
reduced working hour scheme, help explain the relatively modest increase in
unemployment during the 2008-09 recession - the deepest since World War II -
and its decrease to 5.3% in 2013. The new German government introduced a
minimum wage of $11 per hour to take effect in 2015. Stimulus and stabilization
efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela
MERKEL's second term increased Germany's total budget deficit - including
federal, state, and municipal - to 4.1% in 2010, but slower spending and higher
tax revenues reduced the deficit to 0.8% in 2011 and in 2012 Germany reached a
budget surplus of 0.1%. A constitutional amendment approved in 2009 limits the
federal government to structural deficits of no more than 0.35% of GDP per
annum as of 2016 though the target was already reached in 2012. Following the
March 2011 Fukushima nuclear disaster, Chancellor Angela MERKEL announced in
May 2011 that eight of the country's 17 nuclear reactors would be shut down
immediately and the remaining plants would close by 2022. Germany hopes to
replace nuclear power with renewable energy. Before the shutdown of the eight
reactors, Germany relied on nuclear power for 23% of its electricity generating
capacity and 46% of its base-load electricity production.
|
Source
: CIA |
BRÜCKNER TEXTILE TECHNOLOGIES GMBH & CO. KG
Company Status: active
Benzstr. 10
D 71229 Leonberg
Post Box:
11 54, D 71229 Leonberg
Telephone: 07152/12-0
Telefax: 07152/12-9254-9315
Homepage: www.brueckner-tm.de
E-mail: mail@brueckner-tm.de
VAT no.: DE814584353
Tax ID number: 70049/08537
Business
relations are permissible.
Legal Form Ltd
partnership with priv. ltd. company as general partner
Registered on: 08.12.2005
Register of
companies: Local
court 70190 Stuttgart
under: HRA
254481
Total cap. contribution: EUR
2,000,000.00
Brückner Trockentechnik
GmbH & Co. KG
Benzstr. 8-10
D 71229 Leonberg
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 5,112,918.81
contribution:
Share: EUR 2,000,000.00
Registered on:
18.11.1958
Reg. data: 70190
Stuttgart, HRA 253375
Brückner Textile
Technolgies
Geschäftsführungs GmbH
Benzstr. 10
D 71229 Leonberg
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered on: 08.12.2005
Reg. data: 70190 Stuttgart,
HRB 253341
Brückner Trockentechnik
GmbH & Co. KG
Benzstr. 8-10
D 71229 Leonberg
Legal form: Ltd
partnership with priv. ltd.
company as general
partner
Total cap. EUR 5,112,918.81
contribution:
Share: EUR 25,000.00
Registered on: 18.11.1958
Reg. data: 70190
Stuttgart, HRA 253375
Regina Brückner
D 71229 Leonberg
having sole power of
representation
born: 11.03.1969
Manager:
Axel Pieper
D 71229 Leonberg
having sole power of
representation
born: 11.12.1967
Profession: Businessman
Manager:
Rüdiger Gieske
D 72135
Dettenhausen
authorized to jointly
represent the company
born: 05.11.1960
Dusko Popovic
Ludwigstr. 36
D 70794 Filderstadt
authorized to jointly
represent the company
born: 30.06.1968
Proxy:
Gerd Kolmer
D 89155 Erbach
having sole power of
representation
born:
20.08.1958
Proxy:
Stefan Müller
D 90571 Schwaig
authorized to jointly
represent the company
born: 13.04.1968
Proxy:
Andreas Grausdies
D 70839 Gerlingen
authorized to jointly
represent the company
born: 22.08.1963
Proxy:
Tim Birkenmaier
D 75446 Wiernsheim
authorized to
jointly represent the company
born: 01.06.1979
Proxy:
Mathias Strecker
D 74632 Neuenstein
authorized to jointly
represent the company
born:
19.01.1970
Proxy:
Josef Feiertag
D 79689 Maulburg
authorized to jointly
represent the company
born: 29.06.1966
Proxy:
Rainer Hertler
D 73760 Ostfildern
authorized to jointly
represent the company
born: 26.01.1967
Proxy:
Matthias Berndt
D 74211 Leingarten
authorized to jointly
represent the company
born: 13.04.1963
Proxy:
Wolfgang Ruckh
D 71229 Leonberg
authorized to jointly
represent the company
born: 19.02.1961
·
Engaged as systems suppliers
in the field of dry finishing of knitted and woven fabric, of finishing of
technical textile
·
Engaged
in manufacturing machinery for textile, apparel and leather production
·
Engaged
in wholesaling of machinery for the textile industry as well as sewing and
knitting machines
Subject product ranges includes:-
·
Knitted fabrics
·
Woven fabrics
·
Energy-saving systems
·
Glass fibre fabric
·
Glass mesh fabric
·
Coated materials
·
Tarpaulin coating & billboards
·
Artificial leather
·
Floor coverings
·
Artificial grass carpet
·
Nonwovens
Branch:
Brückner Textile
Technologies GmbH & Co. KG
Laufener Str. 2
D 84529 Tittmoning
TEL.: 08683/709-0
FAX.: 08683/709-90
Payment experience: Unknown
Negative information: We have no negative information at hand.
Type of ownership: Tenant
Address Benzstr. 10
D 71229 Leonberg
Real Estate of: Brückner Textile Technolgies
Geschäftsführungs GmbH
Type of ownership: Tenant
Address Benzstr. 10
D 71229 Leonberg
Land register documents were not available.
DEUTSCHE
BANK, 70049 STUTTGART
Sort. code: 60070070, Account no.: 1630607
BIC: DEUTDESSXXX, IBAN: DE97600700700163060700
UNICREDIT BANK - HYPOVEREINSBANK, 70003
STUTTGART
Sort. code: 60020290, Account no.: 322642814
BIC: HYVEDEMM473, IBAN: DE44600202900322642814
LANDESBANK
BADEN-WÜRTTEMBERG/BADEN-WÜRTTEMBERGISCHE BANK, 70144
STUTTGART
Sort. code: 60050101, Account no.: 8966311
BIC: SOLADEST600, IBAN: DE29600501010008966311
Financial year: 01.01. - 31.12.
The number of employees is not known.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
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Indian Rupees |
|
US Dollar |
1 |
Rs.63.57 |
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|
1 |
Rs.97.99 |
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Euro |
1 |
Rs.70.53 |
INFORMATION DETAILS
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Analysis Done by
: |
DIV |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
-- |
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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.