MIRA INFORM REPORT

Report No. :	343694
Report Date :	05.10.2015

IDENTIFICATION DETAILS

Name :	SEVERSTAL EXPORT GMBH

Registered Office :	Fischergasse 3, 6362 Stansstad/NW, Switzerland/CH

Country :	Switzerland

Financials (as on) :	31.12.2014

Year of Establishment :	1930

Com. Reg. No.:	150.4.000.518-6

Legal Form :	Limited Liability Company

Line of Business :	Subject export and trading of steel products. Services in the field of steel products, acquisition, management, financing and delivery of financial services to third parties in Switzerland and abroad.

No. of Employees :	10-19

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate

Payment Behaviour :	Slow but correct

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

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 responded to 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 hurt Switzerland's long history of bank secrecy.

Source : CIA

Company name

SEVERSTAL EXPORT GMBH

Operating address

Fischergasse 3

6362 Stansstad/NW

Switzerland/CH

Telephone: 041 6197710

Fax: 041 6197719

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

E-mail: sokol@severstalexport.com

WIN Worldbox No.: CH0004882395

VAT-No.: CHE-109.254.837 MWST

UID-No.: CHE109254837

Profile

Established: 1930

Line of Business: Consumer goods wholesale

Industry Division: Wholesale trade

Industry-code (NACE): 4672 Wholesale of metals and metal ores

Import/Export: Import, Export

Banks: unknown

Operational Figures

Coverage: Company

Figures: estimated

Financial year: 2015

Employees: 10-19

Activity

The business includes the export and trading of steel products. Services in the field of steel products, acquisition, management, financing and delivery of financial services to third parties in Switzerland and abroad.

Real Estate

Information on property ownership was not available.

Company Register

Company No: 150.4.000.518-6

UID-No.: CHE109254837

Legal form: Limited Liability Company

Registration: 08.05.2001

Legal status: active

Responsible Register: Handelsregister des Kantons Nidwalden

History: Date of Statutes: 26.09.2003

Date of Incorporation Statutes: 07.05.2001

Entry Deleted Name

27.01.2015 Severstal Export GmbH

27.01.2015 removed SeverStal Export GmbH

08.05.2001 27.01.2015 SeverStal Export GmbH

Entry Deleted Legal domicile

08.05.2001 Stansstad, Switzerland

Entry Deleted Address

08.05.2001 Fischergasse 3, 6362 Stansstad/NW, Switzerland/CH

Entry Deleted Capital

08.05.2001 LLC Capital CHF 500,000

Entry Deleted Capital Structure

07.11.2013 1 Participation shares of CHF 1,000.--

08.05.2001 1 Participation shares of CHF 499,000.--

Management

Title Name

General Manager Tatiana Timokhina

Citizen: Russia

Residential address: Stansstad, Switzerland

single signature

Registered since: 07.11.2013

Chairman of the management Darko Bozinovski

Citizen: Croatia

Residential address: Cureggia (Lugano), Switzerland

single signature

Registered since: 07.04.2015

Member with signing authority Tatiana Filicheva

Citizen: Russia

Residential address: Hergiswil NW/NW, Switzerland

joint signature of two

Registered since: 07.04.2015

Member with signing authority Christoph Massner

Citizen: Germany

Residential address: Mönchengladbach , Germany

joint signature of two

Registered since: 27.01.2015

Member with procuration Peter Michael Kemmerich

Citizen: Stansstad, Switzerland

Residential address: Stansstad, Switzerland