MIRA INFORM REPORT

 

 

Report No. :

337946

Report Date :

05.09.2015

 

IDENTIFICATION DETAILS

 

Name :

EVONIK INDUSTRIES AG

 

 

Registered Office :

Rellinghauser Str. 1-11 D 45128 Essen

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2014

 

 

Date of Incorporation :

14.09.2006

 

 

Com. Reg. No.:

HRB 19474

 

 

Legal Form :

Public Limited Company

 

 

Line of Business :

  • Manufacture of other chemical products n.e.c.
  • Activities of holding companies
  • Activities of head offices

 

 

No. of Employee :

20,021

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

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)

Germany

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

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, 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 5.2% in 2014. The new German government introduced a minimum wage of about $11.60 (8.50 euros) 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%. The budget was essentially in balance in 2014. 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. The German economy suffers from low levels of investment, and a government plan to invest 15 billion euros 2016-18, largely in infrastructure, is intended to spur needed private investment. 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 plans to replace nuclear power with renewable energy, which accounted for 27.8% of gross electricity consumption in 2014, up from 9% in 2000. 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. Extremely low inflation, caused largely by low global energy prices and a weak euro, are expected to boost German GDP growth in 2015.

 

Source : CIA

 

Company name and address

 

EVONIK INDUSTRIES AG

 

 Company Status:      active

                      Rellinghauser Str. 1-11

                      D 45128 Essen

                      Telephone:0201/177-01

                      Telefax:  0201/177-3475

                      Homepage: www.evonik.com

                      E-mail:   info@evonik.com

 

 VAT no.:             DE811160003

 

 Tax ID number:       112/5708/0516

 

 

 CONCLUSION

 

 Business relations are permissible.

 

 

Summary

 

 LEGAL FORM              Public limited company

 Date of foundation:      14.09.2006

 Registered on:             11.10.2006

 Commercial Register:   Local court 45130 Essen

 under:                                      HRB 19474

 

 

 Share capital

 

EUR        466,000,000.00

 

                      The company is listed on the stock market.

 

 Shareholder:

                      RAG-Stiftung

                      Rüttenscheider Str. 1-3

                      D 45128 Essen

                      Legal form: Private law foundation

                      Share:                              68.000 %

                      Registered on: 12.11.2007

                      Reg. data: 45130 Essen, HRA 9004

 Shareholder:

                      ELLINGTON INVESTMENTS PTE. LTD.

                      60B ORCHARD ROAD #06-18 THE

                      ATRIUM

                      SGP 238891 ORCHARD

                      Legal form: Other legal form

                      Share:                               4.640 %

 Shareholder:

                      The Gabriel Finance Limited Partnership

                      JE - St. Helier/Jersey

                      Legal form: Other legal form

                      Share:                               4.240 %

 President of the Board of Directors:

                      Dr. rer. nat. Klaus Engel

                      D 45470 Mülheim

                      born: 21.04.1956

                      Profession: Fully qualified chemist

                      Marital status: single

 Member of the Board of Directors:

                      Dr. Sven Ralph Kaufmann

                      D 40210 Düsseldorf

                      born: 19.01.1966

                      Profession: Businessman

                      Marital status: unknown

 Member of the Board of Directors:

                      Thomas Wessel

                      August-Schmidt-Str. 27

                      D 45701 Herten

                      born: 26.01.1963

                      Profession: Businessman

 Member of the Board of Directors:

                      Ute Wolf

                      D 40210 Düsseldorf

                      born: 25.03.1968

                      Profession: Businessman

 Member of the Board of Directors:

                      Christian Kullmann

                      D 46499 Hamminkeln

                      born: 14.03.1969

 President of the Supervisory Board:

                      Dr. Werner Müller

                      D 45127 Essen

 Proxy:

                      Dr. John Kahsnitz

                      Josef-Paris-Str. 4

                      D 45721 Haltern am See

                      authorized to jointly represent the company

                      born: 03.03.1960

                      Marital status: married

 Proxy:

                      Dr.-Ing. Christof Bauer

                      Walinesheimer Str. 3

                      D 63791 Karlstein

                      authorized to jointly represent the company

                      born: 30.03.1956

                      Marital status: married

 Proxy:

                      Roger Scheid

                      Holzheimer Str. 27

                      D 41564 Kaarst

                      authorized to jointly represent the company

                      born: 19.07.1958 in Kaarst

                      Profession: Businessman

 Proxy:

                      Dr. Andreas Seelmann

                      Hohenzollernstr. 38

                      D 47058 Duisburg

                      authorized to jointly represent the company

                      born: 10.06.1956

                      Profession: Solicitor

                      Marital status: married

 Proxy:

                      Dr. Thomas Jostmann

                      Leuster Weg 32

                      D 48249 Dülmen

                      authorized to jointly represent the company

                      born: 13.02.1957

 Proxy:

                      Dr. Thomas Kreuder

                      D 61348 Bad Homburg

                      authorized to jointly represent the company

                      born: 02.04.1960

                      Marital status: unknown

 Proxy:

                      Thomas Müller

                      D 63150 Heusenstamm

                      authorized to jointly represent the company

                      born: 05.08.1957

 Proxy:

                      Dr. jur. Ludger Diestelmeier

                      D 44866 Gelsenkirchen

                      authorized to jointly represent the company

                      born: 30.06.1960

                      Profession: Graduate civil servant

 Proxy:

                      Dr. Udo Gropp

                      D 83093 Bad Endorf

                      authorized to jointly represent the company

                      born: 17.12.1956

 Proxy:

                      Dr. Robert Urlichs

                      D 64546 Mörfelden-Walldorf

                      authorized to jointly represent the company

                      born: 22.12.1975

 Proxy:

                      Peter Schallenberg

                      D 40210 Düsseldorf

                      authorized to jointly represent the company

                      born: 24.06.1963

 Proxy:

                      Bernd Eibelshäuser

                      D 53347 Alfter

                      authorized to jointly represent the company

                      born: 27.05.1963

 Proxy:

                      Peter Wilhelm Speich

                      D 47877 Willich

                      authorized to jointly represent the company

                      born: 11.01.1953

 Proxy:

                      Dr. Ulrich Küsthardt

                      D 65779 Kelkheim

                      authorized to jointly represent the company

                      born: 29.11.1959

                      Profession: Businessman

 Proxy:

                      Jens-Uwe Herrmann

                      Adlerhorst 19

                      D 45478 Mülheim

                      authorized to jointly represent the company

                      born: 28.04.1965

                      Profession: Businessman

 Proxy:

                      Matthias Hau

                      Savignystr. 37

                      D 60325 Frankfurt

                      authorized to jointly represent the company

                      born: 20.02.1963

 Proxy:

                      Norbert Löw

                      D 64625 Bensheim

                      authorized to jointly represent the company

                      born: 18.09.1960

 Proxy:

                      Norbert Arnd Westerholt

                      D 40667 Meerbusch

                      authorized to jointly represent the company

                      born: 27.03.1963

                      Profession: Businessman

 Proxy:

                      Magdalena Wagner

                      D 59399 Olfen

                      born: 28.12.1960

 Proxy:

                      Andreas Fischer

                      D 63303 Dreieich

                      authorized to jointly represent the company

                      born: 04.02.1964

                      Profession: Engineer

                      Marital status: unknown

 Proxy:

                      Jörg Hoffmann

                      D 46509 Xanten

                      authorized to jointly represent the company

                      born: 21.04.1966

                      Profession: Businessman

 Proxy:

                      Michael Träxler

                      D 64380 Roßdorf

                      authorized to jointly represent the company

                      born: 25.04.1961

 Proxy:

                      Michael Schulze

                      D 45768 Marl

                      authorized to jointly represent the company

                      born: 23.04.1969

 Proxy:

                      Dr. Armin Neher

                      D 69469 Weinheim

                      authorized to jointly represent the company

                      born: 10.08.1961

                      Profession: Businessman

 Proxy:

                      Stefan Michael Gattermann

                      D 63755 Alzenau

                      authorized to jointly represent the company

                      born: 29.01.1964

 Proxy:

                      Renate Papalau

                      D 60311 Frankfurt

                      authorized to jointly represent the company

                      born: 01.06.1962

 Proxy:

                      Dr. Franz Merath

                      Slevogtstr. 16

                      D 67549 Worms

                      authorized to jointly represent the company

                      born: 03.04.1966

                      Marital status: married

 Proxy:

                      Martin Krämer

                      D 61348 Bad Homburg

                      authorized to jointly represent the company

                      born: 23.06.1966

                      Marital status: unknown

 Proxy:

                      Peter Galetzka

                      Drosselweg 16

                      D 45739 Oer-Erkenschwick

                      authorized to jointly represent the company

                      born: 08.02.1970

 Proxy:

                      Dr. Matthias Schäfer

                      D 63773 Goldbach

                      authorized to jointly represent the company

                      born: 31.07.1958

 Proxy:

                      Gregor Hetzke

                      D 61440 Oberursel

                      authorized to jointly represent the company

                      born: 13.06.1958

 Proxy:

                      Dr. Reiner Beste

                      Rannenbergring 82

                      D 63755 Alzenau

                      authorized to jointly represent the company

                      born: 29.02.1960

                      Marital status: married

 Proxy:

                      Dr. Stefan Silber

                      D 47798 Krefeld

                      authorized to jointly represent the company

                      born: 18.12.1963

 Proxy:

                      Harald Plöchinger

                      Riedboschweg 12

                      D 77815 Bühl

                      authorized to jointly represent the company

                      born: 08.09.1962

 Proxy:

                      Dr. Gerhard Olbricht

                      D 44787 Bochum

                      authorized to jointly represent the company

                      born: 25.09.1961

 Proxy:

                      Dr. Claus Rettig

                      D 45721 Haltern am See

                      authorized to jointly represent the company

                      born: 07.05.1960

                      Profession: Businessman

 Proxy:

                      Dr. Rainer Maria Fretzen

                      D 45657 Recklinghausen

                      authorized to jointly represent the company

                      born: 25.12.1961

 Proxy:

                      Matthias Kittler

                      D 10115 Berlin

                      authorized to jointly represent the company

                      born: 04.11.1971

 Proxy:

                      Dr. Melanie Flessner

                      D 60311 Frankfurt

                      authorized to jointly represent the company

                      born: 21.12.1964

                      Marital status: unknown

 Proxy:

                      Dr. Ulrich Hertz

                      D 63486 Bruchköbel

                      authorized to jointly represent the company

                      born: 15.03.1959

 Proxy:

                      Dr. Class-Jürgen Klasen

                      Am Silberberg 19c

                      D 63579 Freigericht

                      authorized to jointly represent the company

                      born: 05.12.1959

                      Marital status: married

 Proxy:

                      Josef Mauel

                      D 53859 Niederkassel

                      authorized to jointly represent the company

                      born: 20.02.1958

 Proxy:

                      Randolf Bursian

                      D 45699 Herten

                      authorized to jointly represent the company

                      born: 17.09.1968

 Proxy:

                      Dr. Bettina Uhlich

                      D 98660 Lengfeld

                      authorized to jointly represent the company

                      born: 02.12.1960

                      Profession: Businessman

 Proxy:

                      Dr. Hermann-Josef Korte

                      D 45721 Haltern am See

                      authorized to jointly represent the company

                      born: 31.01.1958

 Proxy:

                      Dr. Stefan Bernhard

                      D 63762 Großostheim

                      authorized to jointly represent the company

                      born: 26.11.1960

 Proxy:

                      Dr. Gerhard Bachstädter

                      D 45657 Recklinghausen

                      authorized to jointly represent the company

                      born: 17.09.1960

 Proxy:

                      Rainer Wobbe

                      D 45130 Essen

                      authorized to jointly represent the company

                      born: 17.08.1960

 Proxy:

                      Dr. Thomas Knothe

                      Zu den Ringwällen 20

                      D 61440 Oberursel

                      authorized to jointly represent the company

                      born: 09.08.1957

 Proxy:

                      Dr. Stefan Buchholz

                      D 63450 Hanau

                      authorized to jointly represent the company

                      born: 13.02.1962

 Proxy:

                      Dr. Ralph Grote

                      D 45701 Herten

                      authorized to jointly represent the company

                      born: 16.07.1958

 Proxy:

                      Dr. Wilfried Eul

                      D 63755 Alzenau

                      authorized to jointly represent the company

                      born: 19.02.1955

 Proxy:

                      Dr. Hans-Peter Hauck

                      D 45657 Recklinghausen

                      authorized to jointly represent the company

                      born: 19.02.1966

 Proxy:

                      Thomas Fänger

                      D 42103 Wuppertal

                      authorized to jointly represent the company

                      born: 11.11.1965

 Proxy:

                      Dr. Peter Nagler

                      D 60308 Frankfurt

                      authorized to jointly represent the company

                      born: 05.12.1955

 Proxy:

                      Dr. Dietmar Schaefer

                      D 45525 Hattingen

                      authorized to jointly represent the company

                      born: 13.10.1957

 Proxy:

                      Joachim Howaldt

                      D 63739 Aschaffenburg

                      authorized to jointly represent the company

                      born: 31.08.1965

 Proxy:

                      Rüdiger Eberhard

                      D 63477 Maintal

                      authorized to jointly represent the company

                      born: 24.04.1960

 Proxy:

                      Dr. Arne Lang

                      D 45768 Marl

                      authorized to jointly represent the company

                      born: 25.11.1966

 Proxy:

                      Dr. Emmanuel Josef Auer

                      D 60306 Frankfurt

                      authorized to jointly represent the company

                      born: 18.09.1965

 Proxy:

                      Dipl. - Ing. Jan van den Bergh

                      B  Vosselar

                      authorized to jointly represent the company

                      born: 30.04.1956

                      Nationality: Belgian

 Proxy:

                      Dr. Max Preisenberger

                      An der Mannsfaust 8

                      D 60599 Frankfurt

                      authorized to jointly represent the company

                      born: 23.05.1972

 Proxy:

                      José Berges

                      D 61137 Schöneck

                      authorized to jointly represent the company

                      born: 04.03.1966

 Proxy:

                      Dr. Joachim Dahm

                      D 45721 Haltern am See

                      authorized to jointly represent the company

                      born: 18.08.1963

 Proxy:

                      Bianca Hüttenhofer

                      D 40210 Düsseldorf

                      authorized to jointly represent the company

                      born: 19.07.1969

 Proxy:

                      Dr. Hanns-Michael Kissner

                      D 83125 Eggstätt

                      authorized to jointly represent the company

                      born: 02.10.1956

 Proxy:

                      Dr. Matthias Georg Kottenhahn

                      D 63579 Freigericht

                      authorized to jointly represent the company

                      born: 22.01.1962

 Proxy:

                      Anke Ludwig

                      D 40210 Düsseldorf

                      authorized to jointly represent the company

                      born: 05.04.1963

 Proxy:

                      Dr. Johannes Ohmer

                      D 63584 Gründau

                      authorized to jointly represent the company

                      born: 26.07.1960

 Proxy:

                      Dr Michael Pack

                      D 63755 Alzenau

                      authorized to jointly represent the company

                      born: 05.10.1961

 Proxy:

                      Dr Ulrich von Schlippenbach

                      D 63505 Langenselbold

                      authorized to jointly represent the company

                      born: 01.07.1956

 Proxy:

                      Markus Schäfer

                      D 63526 Erlensee

                      authorized to jointly represent the company

                      born: 29.12.1969

 Proxy:

                      Walter Weimer

                      Mohrengarten 37

                      D 40822 Mettmann

                      authorized to jointly represent the company

                      born: 07.01.1964

 Proxy:

                      Dr Dietmar Wewers

                      D 46236 Bottrop

                      authorized to jointly represent the company

                      born: 27.12.1957

 Proxy:

                      Dr Thomas Wildt

                      D 45721 Haltern am See

                      authorized to jointly represent the company

                      born: 05.06.1958

 Proxy:

                      Gerd Brand

                      D 07580 Ronneburg

                      authorized to jointly represent the company

                      born: 17.02.1957

 Proxy:

                      Dr. Gerhard Haubrich

                      D 53111 Bonn

                      authorized to jointly represent the company

                      born: 15.04.1955

 Proxy:

                      Dr. Gerd Wolter

                      D 53507 Dernau

                      authorized to jointly represent the company

                      born: 10.12.1957

 Proxy:

                      Kai Winterer

                      D 60308 Frankfurt

                      authorized to jointly represent the company

                      born: 25.08.1968

 Proxy:

                      Stefan Behrens

                      D 44787 Bochum

                      authorized to jointly represent the company

                      born: 15.06.1964

                      Profession: Businessman

 Proxy:

                      Heinz Busley

                      D 64686 Lautertal

                      authorized to jointly represent the company

                      born: 22.03.1959

 Proxy:

                      Dr. Petra Look-Herber

                      D 63755 Alzenau

                      authorized to jointly represent the company

                      born: 14.08.1959

 Proxy:

                      Jörg Engel

                      D 60308 Frankfurt

                      authorized to jointly represent the company

                      born: 02.11.1966

 Proxy:

                      Dr. Jean-Luc Herbeaux

                      D 65779 Kelkheim

                      authorized to jointly represent the company

                      born: 05.11.1967

 Proxy:

                      Dr. Wilhelm Otten

                      D 64839 Münster

                      authorized to jointly represent the company

                      born: 27.06.1958

 Proxy:

                      Dr. Ralph Marquardt

                      D 60311 Frankfurt

                      authorized to jointly represent the company

                      born: 22.11.1966

 Proxy:

                      Rüdiger Oppers

                      D 47506 Neukirchen-Vluyn

                      authorized to jointly represent the company

                      born: 15.10.1960

 Proxy:

                      Dr. Kersten Dittmar

                      D 45721 Haltern am See

                      authorized to jointly represent the company

                      born: 06.09.1972

 Proxy:

                      Ralf Harry Ostermeyer

                      D 64646 Heppenheim

                      authorized to jointly represent the company

                      born: 18.05.1959

 Proxy:

                      Christopher Schindler

                      D 45128 Essen

                      authorized to jointly represent the company

                      born: 14.04.1968

 Proxy:

                      Dr. Ralf Düssel

                      Bergstr. 19

                      D 45721 Haltern am See

                      authorized to jointly represent the company

                      born: 14.09.1967

 Proxy:

                      Elke Hohn

                      D 36381 Schlüchtern

                      authorized to jointly represent the company

                      born: 25.06.1958

 Proxy:

                      Dr. Oliver Wolf

                      D 61197 Florstadt

                      authorized to jointly represent the company

                      born: 17.05.1972

                      Marital status: unknown

 Proxy:

                      Johann-Caspar Gammelin

                      D 45657 Recklinghausen

                      authorized to jointly represent the company

                      born: 15.04.1964

 Proxy:

                      Doris Schmidt

                      D 45128 Essen

                      authorized to jointly represent the company

                      born: 08.02.1976

 Proxy:

                      Matthias Heil

                      Brückenstr. 58

                      D 65719 Hofheim

                      authorized to jointly represent the company

                      born: 08.03.1961

 Proxy:

                      Claus Barasinski

                      D 68159 Mannheim

                      authorized to jointly represent the company

                      born: 02.12.1962

 Proxy:

                      Dr. Lars Renner

                      D 42651 Solingen

                      authorized to jointly represent the company

                      born: 09.09.1968

 Proxy:

                      Thomas Schiener

                      D 63755 Alzenau

                      authorized to jointly represent the company

                      born: 03.06.1968

 Proxy:

                      Dr. Bernd Diener

                      D 47805 Krefeld

                      authorized to jointly represent the company

                      born: 28.01.1959

 Proxy:

                      Thomas Kügerl

                      D 63739 Aschaffenburg

                      authorized to jointly represent the company

                      born: 23.07.1969

 Proxy:

                      Lothar Hoffmann

                      D 64823 Groß-Umstadt

                      authorized to jointly represent the company

                      born: 04.12.1953

 Proxy:

                      Walter Tötsch

                      D 45768 Marl

                      authorized to jointly represent the company

                      born: 03.04.1956

 Proxy:

                      Hans-Christoph Six

                      D 61191 Rosbach

                      authorized to jointly represent the company

                      born: 25.01.1967

 Proxy:

                      Manfred Müller

                      D 48143 Münster

                      authorized to jointly represent the company

                      born: 26.07.1952

 Proxy:

                      Dirk Boekenkamp

                      D 45721 Haltern am See

                      authorized to jointly represent the company

                      born: 30.03.1966

 Proxy:

                      Christoph Büchling

                      D 45127 Essen

                      authorized to jointly represent the company

                      born: 21.11.1963

 Proxy:

                      Thomas Hermann

                      D 45657 Recklinghausen

                      authorized to jointly represent the company

                      born: 29.10.1962

 Proxy:

                      Dr. Tammo Boinowitz

                      D 45128 Essen

                      authorized to jointly represent the company

                      born: 22.09.1966

 Proxy:

                      Stefan Kroll

                      B  Antwerpen

                      authorized to jointly represent the company

                      born: 06.09.1962

                      Nationality: Belgian

 Proxy:

                      Dr. Bernhard Mohr

                      D 68159 Mannheim

                      authorized to jointly represent the company

                      born: 26.11.1965

 Proxy:

                      Heiko Müller

                      D 61118 Bad Vilbel

                      authorized to jointly represent the company

                      born: 02.05.1970

 Proxy:

                      Alexandra Schwarz

                      D 60306 Frankfurt

                      authorized to jointly represent the company

                      born: 07.12.1964

 Proxy:

                      Peter Dettelmann

                      D 79736 Rickenbach

                      authorized to jointly represent the company

                      born: 04.02.1969

                      Marital status: unknown

 Proxy:

                      Stefan Haver

                      D 45127 Essen

                      authorized to jointly represent the company

                      born: 07.05.1969

                      Marital status: unknown

 Proxy:

                      Christian Schmid

                      D 59368 Werne

                      authorized to jointly represent the company

                      born: 11.02.1971

                      Profession: Lawyer

                      Marital status: unknown

 Proxy:

                      Maike Schuh

                      D 63303 Dreieich

                      authorized to jointly represent the company

                      born: 29.12.1973

 Proxy:

                      Peter Zerwas

                      D 50667 Köln

                      authorized to jointly represent the company

                      born: 05.09.1958

 Proxy:

                      Erika Sticht

                      D 45525 Hattingen

                      authorized to jointly represent the company

                      born: 03.06.1961

 Proxy:

                      Dr. Heidi Grön

                      D 60306 Frankfurt

                      authorized to jointly represent the company

                      born: 16.05.1973

                      Marital status: unknown

 Proxy:

                      Lauren Kjeldsen

                      D 45128 Essen

                      authorized to jointly represent the company

                      born: 20.10.1973

 Proxy:

                      Tim Lange

                      D 45468 Mülheim

                      authorized to jointly represent the company

                      born: 03.06.1976

 Proxy:

                      Dr. Götz Lauschke

                      D 63571 Gelnhausen

                      authorized to jointly represent the company

                      born: 28.08.1965

                      Marital status: unknown

 Proxy:

                      Viviane Desiree Papa

                      D 40210 Düsseldorf

                      authorized to jointly represent the company

                      born: 11.05.1977

 Proxy:

                      Paula Ramirez-Weyershausen

                      D 45128 Essen

                      authorized to jointly represent the company

                      born: 22.12.1968

 

 Further functions/participations of Dr. rer. nat. Klaus Engel

 (President of the Board of Directors)

 Member of the Chairing-committee:

                      Verband der chemischen Industrie e.V.

                      Mainzer Landstr. 55

                      D 60329 Frankfurt

                      Legal form: Registered association

                      Registered

                      on:         29.12.1951

                      Reg. data:  60313 Frankfurt, VR 11949

 

 Further functions/participations of Dr. Sven Ralph Kaufmann

 (Member of the Board of Directors)

 

 Limited partner:

                      The Grill Bremen GmbH & Co. KG

                      In der Vahr 64

                      D 28329 Bremen

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Total cap.         EUR            420,000.00

                      contribution:

                      Share:             EUR            420,000.00

                      Registered

                      on:         21.06.2011

                      Reg. data:  28195 Bremen, HRA 25917 HB

 Shareholder:

                      RSK Asset Management GmbH

                      Tiergartenstr. 45

                      D 40237 Düsseldorf

                      Legal form: Private limited company

                      Share capital:     EUR             35,000.00

                      Share:             EUR             35,000.00

                      Registered

                      on:         11.08.2015

                      Reg. data:  40227 Düsseldorf, HRB 75471

 Shareholder:

                      The Grill Verwaltungs GmbH

                      In der Vahr 64

                      D 28329 Bremen

                      Legal form: Private limited company

                      Share capital:     EUR             30,000.00

                      Share:             EUR             30,000.00

                      Registered

                      on:         20.06.2011

                      Reg. data:  28195 Bremen, HRB 27168 HB

 Manager:

                      RSK Asset Management GmbH

                      Tiergartenstr. 45

                      D 40237 Düsseldorf

                      Legal form: Private limited company

                      Share capital:     EUR             35,000.00

                      Registered

                      on:         11.08.2015

                      Reg. data:  40227 Düsseldorf, HRB 75471

 

 Further functions/participations of Ute Wolf (Member of the Board

 of Directors)

 

 Proxy:

                      RAG AKTIENGESELLSCHAFT

                      Shamrockring 1

                      D 44623 Herne

                      Post Box:

                      10 32 62, D 45032 Essen

                      Legal form: Public limited company

                      Share capital:     EUR        273,290,000.00

                      Registered

                      on:         20.02.2008

                      Reg. data:  44787 Bochum, HRB 11550

 

 Further functions/participations of Christian Kullmann (Member of

 the Board of Directors)

 

 Manager:

                      LG Verwaltungs-GmbH

                      Kronprinzenstr. 53-57

                      D 44135 Dortmund

                      Legal form: Private limited company

                      Share capital:     EUR             25,000.00

                      Registered

                      on:         15.08.2006

                      Reg. data:  44135 Dortmund, HRB 19847

 Proxy:

                      RAG AKTIENGESELLSCHAFT

                      Shamrockring 1

                      D 44623 Herne

                      Post Box:

                      10 32 62, D 45032 Essen

                      Legal form: Public limited company

                      Share capital:     EUR        273,290,000.00

                      Registered

                      on:         20.02.2008

                      Reg. data:  44787 Bochum, HRB 11550

 

 

 COMPANY HISTORY

 

 08.09.1982 - 11.10.2006  RAG Beteiligungs-GmbH

                          Rellinghauser Str. 1

                          D 45128 Essen

                          Private limited company

 11.10.2006 - 17.10.2006  RAG Beteiligungs-AG

                          Rellinghauser Str. 1

                          D 45128 Essen

                          Public limited company

 17.10.2006 - 12.09.2007  RAG Beteiligungs-AG

                          Rellinghauser Str. 1-11

                          D 45128 Essen

                          Public limited company

 

 

 RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

 12.04.2011 - 02.07.2015  Member of the Board of Directors

                          Patrik Wohlhauser

                          D 65779 Kelkheim

 

 

 BUSINESS ACTIVITIES

 

 Main industrial sector

 6420    Activities of holding companies

7010    Activities of head offices

 

 Secondary industrial sector

 2059    Manufacture of other chemical products n.e.c.

 

 

 BRANCHES AND FACTORIES

 

 Branch:

                      Evonik Industries AG

                      Paul-Baumann-Str. 1

                      D 45772 Marl

                      TEL.: 02365/4901

                      FAX.: 02365/4902

 Branch:

                      Evonik Industries AG

                      Bodenbacher Weg 4

                      D 60598 Frankfurt

 Branch:

                      Evonik Industries AG

                      Kirschenallee

                      D 64293 Darmstadt

                      TEL.: 06151/1801

                      FAX.: 06151/1802

 Branch:

                      Evonik Industries AG

                      Rodenbacher Chaussee 4

                      D 63457 Hanau

                      TEL.: 06181/5901

 Branch:

                      Evonik Industries AG

                      Bäkerpfad 25

                      D 47805 Krefeld

                      TEL.: 02151/38-01

                      FAX.: 02151/38-1647

 Branch:

                      Evonik Industries AG

                      Victoriastr. 43

                      D 45772 Marl

                      TEL.: 02365/490

 Branch:

                      Evonik Industries AG

                      Untere Kanalstr. 3

                      D 79618 Rheinfelden

                      TEL.: 07623/9102

 Branch:

                      Evonik Industries AG

                      Berghauser Weg 50

                      D 85126 Münchsmünster

                      TEL.: 08402/76383

 Branch:

                      Evonik Industries AG

                      Max-Wolf-Str. 7

                      D 36396 Steinau

                      TEL.: 06663/540

                      FAX.: 06663/54287

 Branch:

                      Evonik Industries AG

                      Kölner Str. 122

                      D 50389 Wesseling

 Branch:

                      Evonik Industries AG

                      Im Pfaffenwinkel 6

                      D 67547 Worms

 

 

 PARTICIPATIONS

 

 Limited partner:

                      Evonik Projekt-Beteiligungs-GmbH & Co. KG

                      Rellinghauser Str. 1-11

                      D 45128 Essen

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Company Status: active

                      Total cap.         EUR            100,000.00

                      contribution:

                      Share:             EUR             99,000.00

                      Reg. data:  01.03.2006

                                  Local court 45130 Essen

                                  HRA 8639

 Shareholder:

                      Evonik Degussa GmbH

                      Rellinghauser Str. 1-11

                      D 45128 Essen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR        205,625,000.00

                      Share:             EUR        195,138,190.00

                      Reg. data:  31.10.2007

                                  Local court 45130 Essen

                                  HRB 20227

 Shareholder:

                      RÜTGERS GmbH

                      Rellinghauser Str. 3

                      D 45128 Essen

                      Post Box:

                      10 31 54

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR        117,760,000.00

                      Share:             EUR        111,754,240.00

                      Reg. data:  24.02.2005

                                  Local court 45130 Essen

                                  HRB 18367

 Shareholder:

                      Vivawest GmbH

                      Nordsternplatz 1

                      D 45899 Gelsenkirchen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR        150,273,497.00

                      Share:             EUR         15,528,659.00

                      Reg. data:  20.12.2006

                                  Local court 45130 Essen

                                  HRB 19621

 Shareholder:

                      RBV Verwaltungs-GmbH

                      Rellinghauser Str. 1-11

                      D 45128 Essen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          5,115,000.00

                      Share:             EUR          5,115,000.00

                      Reg. data:  02.12.1994

                                  Local court 45130 Essen

                                  HRB 11118

 Shareholder:

                      Evonik Risk and Insurance Services GmbH

                      Rellinghauser Str. 1-11

                      D 45128 Essen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            183,000.00

                      Share:             EUR            183,000.00

                      Reg. data:  07.10.2005

                                  Local court 45130 Essen

                                  HRB 18779

 Shareholder:

                      LG Verwaltungs-GmbH

                      Kronprinzenstr. 53-57

                      D 44135 Dortmund

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  15.08.2006

                                  Local court 44135 Dortmund

                                  HRB 19847

 Shareholder:

                      Evonik Projekt-Beteiligung Verwaltungs-GmbH

                      Rellinghauser Str. 1-11

                      D 45128 Essen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  24.02.2006

                                  Local court 45130 Essen

                                  HRB 19053

 Shareholder:

                      RA Rohstoffallianz GmbH

                      Charlottenstr. 68

                      D 10117 Berlin

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             57,000.00

                      Share:             EUR              6,000.00

                      Reg. data:  18.04.2012

                                  Local court 14057 Berlin

                                  HRB 141341 B

 Shareholder:

                      PEAG Holding GmbH

                      Märkische Str. 8-10

                      D 44135 Dortmund

                      Post Box:

                      10 30 54

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             30,800.00

                      Share:             EUR              3,624.00

                      Reg. data:  17.08.1994

                                  Local court 44135 Dortmund

                                  HRB 11317

 Shareholder:

                      RACER Benchmark Group GmbH

                      Beethovenstr. 1

                      D 76676 Graben-Neudorf

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             30,800.00

                      Share:             EUR              2,800.00

                      Reg. data:  21.01.2014

                                  Local court 68159 Mannheim

                                  HRB 718703

 Limited liability shareholder:

                      Borussia Dortmund GmbH & Co.

                      Kommanditgesellschaft auf Aktien

                      Rheinlanddamm 207-209

                      D 44137 Dortmund

                      Legal form: Partnership limited by shares

                      Company Status: active

                      Share capital:     EUR         92,000,000.00

                      Share: 14.780 %

                      Reg. data:  12.04.2000

                                  Local court 44135 Dortmund

                                  HRB 14217

 

 

 FINANCIAL INFORMATION

 

 Payment experience:  Slow but Correct

 

 Negative information:We have no negative information at hand.

 

 Balance sheet year:  2014

 

 

 REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Rellinghauser Str. 1-11

                      D 45128 Essen

 

 Land register documents were not available.

 

 

 BANKERS

 

 Principal bank

 DEUTSCHE BANK, 45116 ESSEN, RUHR

 Sort. code: 36070050

 BIC: DEUTDEDEXXX

 

 

 FINANCIAL FIGURES

 

 Turnover:            2013               EUR         44,000,000.00

                      2014               EUR        216,000,000.00

 Profit:              2013               EUR      1,815,000,000.00

                      2014               EUR        467,000,000.00

 further business figures:

 Ac/ts receivable:                       EUR      4,354,000,000.00

 Liabilities:                            EUR      6,633,000,000.00

 Employees:                                                 20,021

 

 

 BALANCE SHEETS

 

 Balance sheet ratios 01.01.2014 - 31.12.2014

 Equity ratio [%]:                 37.22

 Liquidity ratio:                   0.72

 Return on total capital [%]:       3.29

 

 Balance sheet ratios 01.01.2013 - 31.12.2013

 Equity ratio [%]:                 37.11

 Liquidity ratio:                   0.64

 Return on total capital [%]:      12.77

 

 Balance sheet ratios 01.01.2012 - 31.12.2012

 Equity ratio [%]:                 29.03

 Liquidity ratio:                   0.45

 Return on total capital [%]:       0.58

 

 Balance sheet ratios 01.01.2011 - 31.12.2011

 Equity ratio [%]:                 30.77

 Liquidity ratio:                   0.49

 Return on total capital [%]:      -3.04

 

 Equity ratio

 The equity ratio indicates the portion of the equity as compared

 to the total capital. The higher the equity ratio, the better the

 economic stability (solvency) and thus the financial autonomy of

 a company.

 

 Liquidity ratio

 The liquidity ratio shows the proportion between adjusted

 receivables and net liabilities. The higher the ratio, the lower

 the company's financial dependancy from external creditors.

 

 Return on total capital

 The return on total capital shows the efficiency and return on

 the total capital employed in the company. The higher the return

 on total capital, the more economically does the company work

 with the invested capital.

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2014 - 31.12.2014

 

 ASSETS                                  EUR     14,198,000,000.00

  Fixed assets                           EUR      8,854,000,000.00

   Intangible assets                     EUR          9,000,000.00

   Tangible assets                       EUR         11,000,000.00

   Financial assets                      EUR      8,834,000,000.00

  Current assets                         EUR      5,337,000,000.00

   Accounts receivable                   EUR      4,354,000,000.00

    Trade debtors                        EUR          3,000,000.00

    Amounts due from related companies   EUR      4,124,000,000.00

    Other debtors and assets             EUR        227,000,000.00

   Investments in current assets         EUR        377,000,000.00

    Other investments                    EUR        377,000,000.00

   Liquid means                          EUR        606,000,000.00

  Remaining other assets                 EUR          7,000,000.00

   Accruals (assets)                     EUR          7,000,000.00

 

 LIABILITIES                             EUR     14,198,000,000.00

  Shareholders' equity                   EUR      5,287,000,000.00

   Capital                               EUR        466,000,000.00

    Subscribed capital (share capital)   EUR        466,000,000.00

   Reserves                              EUR      4,355,000,000.00

    Capital reserves                     EUR        720,000,000.00

    Retained earnings / revenue reserves EUR      3,635,000,000.00

   Balance sheet profit/loss (+/-)       EUR        466,000,000.00

    Balance sheet profit / loss          EUR        466,000,000.00

  Provisions                             EUR      2,278,000,000.00

   Pension provisions and comparable

   provisions                            EUR        957,000,000.00

   Provisions for taxes                  EUR        194,000,000.00

   Other / unspecified provisions        EUR      1,127,000,000.00

  Liabilities                            EUR      6,633,000,000.00

   Financial debts                       EUR        570,000,000.00

    Liabilities due to banks             EUR         70,000,000.00

    Loans / obligations / debentures     EUR        500,000,000.00

   Other liabilities                     EUR      6,063,000,000.00

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR        399,000,000.00

    Liabililties due to related companiesEUR      5,538,000,000.00

    Unspecified other liabilities        EUR        126,000,000.00

     thereof liabilities from tax /

     financial authorities               EUR         26,000,000.00

     thereof liabilities from social

     security                            EUR          5,000,000.00

  Guarantees and other commitments       EUR      7,212,000,000.00

   Guarantees / warranties               EUR      7,212,000,000.00

    Guarantees                           EUR         42,000,000.00

    Warranties                           EUR      7,170,000,000.00

 

 PROFIT AND LOSS ACCOUNT (cost-summary method) according to Comm.

 Code (HGB)

 

  Sales                                  EUR        216,000,000.00

  Other operating income                 EUR        425,000,000.00

  Cost of materials                      EUR          2,000,000.00

  Gross result (+/-)                     EUR        639,000,000.00

  Staff expenses                         EUR        206,000,000.00

  Total depreciation                     EUR          6,000,000.00

   Depreciation on tangible / intangible

   asssets (incl. start-up and exp. of

   bus.                                  EUR          6,000,000.00

  Other operating expenses               EUR        647,000,000.00

  Operating result from continuing

  operations                             EUR       -220,000,000.00

  Result from participating interests

  (+/-)                                  EUR        921,000,000.00

   Expenses / income from participations EUR        923,000,000.00

    Income from transfer of profits      EUR        910,000,000.00

    Income from related companies        EUR         13,000,000.00

   Expenses for participations           EUR          2,000,000.00

    Expenses for other participations    EUR          2,000,000.00

  Interest result (+/-)                  EUR        -86,000,000.00

  Other financial result                 EUR        -25,000,000.00

   Income from securities and loans from

   financial assets                      EUR         96,000,000.00

   Depreciation on financial assets and

   marketable securities                 EUR        121,000,000.00

  Financial result (+/-)                 EUR        810,000,000.00

  Result from ordinary operations (+/-)  EUR        590,000,000.00

  Income tax / refund of income tax (+/-)EUR       -123,000,000.00

  Tax (+/-)                              EUR       -123,000,000.00

  Annual surplus / annual deficit        EUR        467,000,000.00

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2013 - 31.12.2013

 

 ASSETS                                  EUR     14,241,000,000.00

  Fixed assets                           EUR      8,753,000,000.00

   Intangible assets                     EUR          3,000,000.00

   Tangible assets                       EUR          5,000,000.00

   Financial assets                      EUR      8,745,000,000.00

    Other / unspecified financial assets EUR      8,745,000,000.00

  Current assets                         EUR      5,487,000,000.00

   Accounts receivable                   EUR      3,671,000,000.00

    Amounts due from related companies   EUR      3,480,000,000.00

    Other debtors and assets             EUR        191,000,000.00

   Investments in current assets         EUR        630,000,000.00

    Other investments                    EUR        630,000,000.00

   Liquid means                          EUR      1,186,000,000.00

  Remaining other assets                 EUR          1,000,000.00

   Accruals (assets)                     EUR          1,000,000.00

 

 LIABILITIES                             EUR     14,241,000,000.00

  Shareholders' equity                   EUR      5,286,000,000.00

   Capital                               EUR        466,000,000.00

    Subscribed capital (share capital)   EUR        466,000,000.00

   Reserves                              EUR      3,912,000,000.00

    Capital reserves                     EUR        720,000,000.00

    Retained earnings / revenue reserves EUR      3,192,000,000.00

   Balance sheet profit/loss (+/-)       EUR        908,000,000.00

    Balance sheet profit / loss          EUR        908,000,000.00

  Provisions                             EUR      2,044,000,000.00

   Pension provisions and comparable

   provisions                            EUR        896,000,000.00

   Provisions for taxes                  EUR        168,000,000.00

   Other / unspecified provisions        EUR        980,000,000.00

  Liabilities                            EUR      6,911,000,000.00

   Financial debts                       EUR      1,345,000,000.00

    Liabilities due to banks             EUR         95,000,000.00

    Loans / obligations / debentures     EUR      1,250,000,000.00

   Other liabilities                     EUR      5,566,000,000.00

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR        385,000,000.00

    Liabililties due to related companiesEUR      5,038,000,000.00

    Unspecified other liabilities        EUR        143,000,000.00

     thereof liabilities from tax /

     financial authorities               EUR         27,000,000.00

     thereof liabilities from social

     security                            EUR          3,000,000.00

  Guarantees and other commitments       EUR        559,000,000.00

   Guarantees / warranties               EUR        559,000,000.00

    Guarantees                           EUR         44,000,000.00

    Warranties                           EUR        515,000,000.00

 

 PROFIT AND LOSS ACCOUNT (cost-summary method) according to Comm.

 Code (HGB)

 

  Sales                                  EUR         44,000,000.00

  Other operating income                 EUR      2,194,000,000.00

  Gross result (+/-)                     EUR      2,238,000,000.00

  Staff expenses                         EUR        116,000,000.00

  Total depreciation                     EUR          3,000,000.00

   Depreciation on tangible / intangible

   asssets (incl. start-up and exp. of

   bus.                                  EUR          3,000,000.00

  Other operating expenses               EUR        620,000,000.00

  Operating result from continuing

  operations                             EUR      1,499,000,000.00

  Result from participating interests

  (+/-)                                  EUR        453,000,000.00

   Expenses / income from participations EUR        668,000,000.00

    Income from transfer of profits      EUR        168,000,000.00

    Income from related companies        EUR        500,000,000.00

   Expenses for participations           EUR        215,000,000.00

    Expenses for other participations    EUR        215,000,000.00

  Interest result (+/-)                  EUR        -99,000,000.00

  Other financial result                 EUR         31,000,000.00

   Income from securities and loans from

   financial assets                      EUR         48,000,000.00

   Depreciation on financial assets and

   marketable securities                 EUR         17,000,000.00

  Financial result (+/-)                 EUR        385,000,000.00

  Result from ordinary operations (+/-)  EUR      1,884,000,000.00

  Extraordinary income                   EUR         12,000,000.00

  Extraordinary expenses                 EUR         15,000,000.00

  Extraordinary result (+/-)             EUR         -3,000,000.00

  Income tax / refund of income tax (+/-)EUR        -66,000,000.00

  Tax (+/-)                              EUR        -66,000,000.00

  Annual surplus / annual deficit        EUR      1,815,000,000.00


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.66.40

UK Pound

1

Rs.101.19

Euro

1

Rs.73.89

 

 

INFORMATION DETAILS

 

Analysis Done by :

KAR

 

 

Report Prepared by :

ANK

 


 

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

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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%)

 

 

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.