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Report No. : |
339616 |
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Report Date : |
08.09.2015 |
IDENTIFICATION DETAILS
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Name : |
TECHNOPHAR EQUIPMENT & SERVICE (2007) LTD |
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Registered Office : |
3293 St Etienne Blvd, Windsor, Ontario N8W 5B1 |
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Country : |
Canada |
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Date of Incorporation : |
04.02.1988 |
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Legal Form : |
Federal Corporation – Profit |
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Line of Business : |
Manufacturer of high precision hard and soft capsule production machines
and support equipment, serving the pharmaceutical and health nutritional
industry. |
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No. of Employees : |
100+ |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 – March 31, 2015
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Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
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Canada |
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 |
CANADA - ECONOMIC OVERVIEW
As a high-tech industrial society in the trillion-dollar
class, Canada resembles the US in its market-oriented economic system, pattern
of production, and high living standards. Since World War II, the impressive
growth of the manufacturing, mining, and service sectors has transformed the
nation from a largely rural economy into one primarily industrial and urban.
The 1989 US-Canada Free Trade Agreement (FTA) and the 1994 North American Free
Trade Agreement (NAFTA) (which includes Mexico) touched off a dramatic increase
in trade and economic integration with the US, its principal trading partner.
Canada enjoys a substantial trade surplus with the US, which absorbs about
three-fourths of Canadian merchandise exports each year. Canada is the US's
largest foreign supplier of energy, including oil, gas, and electric power, and
a top source of US uranium imports. Given its abundant natural resources,
highly skilled labor force, and modern capital plant, Canada enjoyed solid
economic growth from 1993 through 2007. Buffeted by the global economic crisis,
the economy dropped into a sharp recession in the final months of 2008, and
Ottawa posted its first fiscal deficit in 2009 after 12 years of surplus.
Canada's major banks, however, emerged from the financial crisis of 2008-09
among the strongest in the world, owing to the early intervention by the Bank
of Canada and the financial sector's tradition of conservative lending
practices and strong capitalization. Canada achieved marginal growth in 2010-14
and plans to balance the budget by 2015 despite the recent drop in oil prices.
In addition, the country's petroleum sector is rapidly expanding, because
Alberta's oil sands significantly boosted Canada's proven oil reserves. Canada
now ranks third in the world in proved oil reserves behind Saudi Arabia and
Venezuela and is the world’s fifth-largest oil producer.
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Source
: CIA |
Company name: TECHNOPHAR EQUIPMENT & SERVICE (2007)
LTD
Address: 3293 St Etienne Blvd, Windsor,
Ontario N8W 5B1 - Canada
Telephone: +1
519-946-0800
Fax: +1 519-946-0801
Website: www.technophar.com
Corporate ID#: 6752284
State: Federal
Judicial form: Federal Corporation – Profit
Date incorporated: April 11,
2007
Date founded: February 4, 1988
Stock: -
Value: -
Name of manager: Victor
CALIN
History:
Business started as TECHNOPHAR
EQUIPMENT & SERVICE LIMITED, incorporated on February 4, 1998.
Merged into TECHNOPHAR EQUIPMENT & SERVICE (2007) LTD on April 11,
2007.
On 01-01-2014, business moved to a new location
3293 St Etienne Blvd, Windsor, Ontario N8W 5B1
Business:
Technophar is a manufacturer of high precision hard and soft capsule
production machines and support equipment, serving the pharmaceutical and
health nutritional industry.
Technophar`s new 54,000 sq.ft. facility houses our machine manufacturing
and research and development center, where hard and soft capsule machines and
other related equipment are developed, tested, improved and refined, Gelcel
Capsule Limited, the division of Technophar is completely self-contained and
functions as a fully equipped hard and soft capsule manufacturing facility.
Foreign suppliers
include:
QUALICAPS CO. LTD
321-5 IKEZAWACHO, YAMATOKORIYAMA NARA 639-1032 JAPAN
Staff: 100+
Operations & branches:
At the headquarters, we
find a factory, warehouse and office, on 54,000 sq. ft, owned.
Shareholders:
QUALICAPS CO. LTD
321-5 IKEZAWACHO, YAMATOKORIYAMA NARA 639-1032 JAPAN
Qualicaps is a wholly-owned subsidiary of:
Mitsubishi Chemical Holdings Corporation
Management:
The Board of Directors includes:
- Ciro AHUMADA
- Yoti DATE
- Takanori TAMURA
- Paul LUKAS
- Victor CALIN
Victor CALIN is the President and CEO.
Present here since June 2006.
Subsidiaries and
partnership:
None
In Canada, privately held
corporations are not required to publish any financials.
On a direct call, nobody
was available to answer our questions.
We sent a fax but no answer
received.
However, sales estimate for
year 2014 is in the range of CAD 20,000,000=
The business is profitable.
Banks: Royal Bank of Canada
Legal filings & complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts
summary:
None