MIRA INFORM REPORT

 

 

Report No. :

321369

Report Date :

25.05.2015

 

IDENTIFICATION DETAILS

 

Name :

PONT EFFEKT TECHNOLOGI OOO

 

 

Registered Office :

Maraimova Street 52, 7-iy proezd Sayram, Mirzo-Ulugbekskiy District Tashkent 100077

 

 

Country :

Uzbekistan

 

 

Date of Incorporation :

15.01.2007

 

 

Com. Reg. No.:

002580-04

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

  • Manufacturers of semi-finished frozen meat products
  • Trading as importers and wholesalers of sausage casings & spices as well as raw materials for meat production.  

 

 

No of Employees :

3

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

Sum 15,000,000

 

 

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 – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

Uzbekistan

B2

B2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderate Low Risk

 

B1

Moderate Risk

B2

Moderate High Risk

 

C1

High Risk

C2

Very High Risk

D

 


 

UZBEKISTAN ECONOMIC OVERVIEW

 

Uzbekistan is a dry, landlocked country; more than 60% of the population lives in densely populated rural communities. Export of natural gas, gold and cotton provides a significant share of foreign exchange earnings. Despite ongoing efforts to diversify crops, Uzbekistani agriculture remains largely centered around cotton; Uzbekistan is now the world's fifth largest cotton exporter and sixth largest producer. The country is beginning to enforce a ban on the use of child labor in its cotton harvest and is trying to address international criticism for its previous use of this practice. Following independence in September 1991, the government sought to prop up its Soviet-style command economy with subsidies and tight controls on production and prices. A sharp increase in the inequality of income distribution has hurt the lower ranks of society since independence. While aware of the need to improve the investment climate, the government continues to intervene in the business sector and has not addressed the impediments to foreign investment in the country. In 2003, the government accepted Article VIII obligations under the IMF, providing for full currency convertibility. However, strict currency controls and tightening of borders have lessened the effects of convertibility and have also led to some shortages that have further stifled economic activity. The Central Bank often delays or restricts convertibility, especially for consumer goods. Uzbekistan's growth has been driven primarily by state-led investments and a favorable export environment. In the past Uzbekistani authorities have accused US and other foreign companies operating in Uzbekistan of violating Uzbekistani laws and have frozen and even seized their assets. At the same time, the Uzbekistani Government has actively courted several major US and international corporations, offering financing and tax advantages. Diminishing foreign investment and difficulties transporting goods across borders further challenge Uzbekistan’s economy though it recently has intensified economic ties to Beijing. Tashkent began exporting natural gas to China and Chinese investments in the country have substantially increased.

 

Source : CIA


Company name

 

Pont Effekt Technologi OOO (Correct)

LLC Pont Effekt Technology (Requested)

_____________________________________________________________________

 

ADDRESS

 

Street                           : Maraimova Street 52, 7-iy proezd Sayram  

 

Area                             : Mirzo-Ulugbekskiy District

 

Town                            : Tashkent 100077

Country                         : Uzbekistan

 

Telephone                     : (998 71) 267 1133 / Mobile (998 90) 175 3264 (Marina Borisovna Koval) / (998 90) 977  0677 

Fax                               : (998 71) 267 1133

E-Mail                           : kovalmarina62@gmail.com

 

Extended Name            : Pont Effekt Technologi Obshchestvo s Ogranichennoy Otvetstvennostyu

 

English Translation        : Pont Effect Technology LLC

 

Also known as               : Pont Effekt Technologi MChJ

_____________________________________________________________________

 

SENIOR COMPANY PERSONNEL

 

   Name                                                Position

 

1. Anton Andreevich Koval                     Managing Director

 

2. Olga Sergeevna Tsemkina                  Chief Accountant

 

Total Employees : 3 

_____________________________________________________________________

 

PAYMENTS

 

Payments                                             : Unknown

 

We consider it is acceptable to deal with subject for SMALL amounts, however in view of the lack of financial information we recommend international suppliers exercise a degree of caution.

 

Opinion on maximum credit                   : SUM 15,000,000 (higher amounts may be considered with full
                                                                fiscal disclosure)

 

Trade risk assessment                           : Above Average

 

It is normal accepted practice for international suppliers to deal on secured terms with Uzbekistani importers.

_____________________________________________________________________

 

PRINCIPAL BANKERS

 

NAME               : AZIYA ALYANS BANK CHOAKB

 

Branch              : Shaykhantaur Street 87A

Town                : Tashkent

 

Telephone         : (998 71) 228 6877 / 241 7799

Fax                   : (998 71) 241 8866

_____________________________________________________________________

 

FINANCIAL INFORMATION

 

Private companies in Uzbekistan are not required to publish or disclose balance sheets. Balance sheets are not available from other sources, and the subject interviewed declined to give any financial information, which the company regards as strictly confidential.

_____________________________________________________________________

 

LEGAL STATUS AND HISTORY

 

Date Started     : 15 January 2007

 

History              : Subject was established in Uzbekistan on 15 January 2007 and commenced production in  

                          October 2013.

 

Initially subject’s shareholding structure was as follows :

- Anton Andreevich Koval

- Marina Borisovna Koval.

 

Later on, subject’s shareholding structure changed to the present.

 

C.R. No.           : 002580-04

 

Tax No.             : INN 300134956

 

Statistics Code : OKPO 21556517 

 

Activity Code    : OKONKh 71150

 

Capital              : not given

 

Obshchestvo s Ogranichennoy Otvetstvennostyu (limited liability company) with the following directors and sole shareholder :

 

Directors

 

1. Anton Andreevich Koval         

 

2. Marina Borisovna Koval

 

Shareholder

 

Anton Andreevich Koval                              100% 

(Uzbeki national)

 

As a matter of interest Anton Andreevich Koval’s relative Mrs. Marina Borisovna Koval has interest in the following company : 

 

Sanny Products OOO

Maraimova Street 52, 7-iy proezd Sayram  

Mirzo-Ulugbekskiy District

Tashkent 100077

Est.: 8 October 2013

Tax No.: INN 207196119 

Sole Shareholder: Marina Borisovna Koval

_____________________________________________________________________

 

ACTIVITIES

 

The Company is involved in the following activities :

 

Manufacturers of semi-finished frozen meat products.

 

Trading as importers and wholesalers of sausage casings & spices as well as raw materials for meat production. 

 

NACE Codes : 4632 / 1011

 

Imports from Germany and Poland.

 

Subject does not export, all sales are domestic.

_____________________________________________________________________

 

FACILITIES

 

The Company has the following facilities :

 

Rented premises comprising administrative offices, a manufacturing unit and storage facilities located at the heading address.

_____________________________________________________________________

 

REGISTERED OFFICE

 

Maraimova Street 52, 7-iy proezd Sayram  

Mirzo-Ulugbekskiy District

Tashkent 100077

_____________________________________________________________________

 

SPECIAL NOTES

 

You enquired on : LLC PONT EFFEKT TECHNOLOGY. Please note that the correct name is as per heading.  

 

Interviewed : Marina Borisovna Koval (Managing Director at Sanny Products OOO).

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs. 63.57

UK Pound

1

Rs. 99.66

Euro

1

Rs. 70.92

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

DPT

 

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.