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Report No. : |
342569 |
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Report Date : |
22.09.2015 |
IDENTIFICATION DETAILS
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Name : |
DECKEL MAHO PFRONTEN GMBH |
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|
|
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Registered Office : |
Deckel-Maho-Str. 1, D 87459 Pfronten |
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|
|
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Country : |
Germany |
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|
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Year of Establishment : |
1994 |
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Com. Reg. No.: |
HRB 7148 |
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Legal Form : |
Private Limited Company |
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|
|
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Line of Business : |
·
Manufacture
of Metal Forming Machinery ·
Engineering
Activities · Wholesale of Machine Tools |
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|
|
|
No. of Employees : |
Not Available |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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|
|
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Payment Behaviour : |
Unknown |
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|
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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
|
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 |
DECKEL
MAHO PFRONTEN GMBH
Company Status: active
Deckel-Maho-Str. 1
D 87459 Pfronten
Telephone:08363/890
Telefax: 08363/89222
Homepage: www.dmg.com
DE811666007
Business relations are permissible.
LEGAL FORM Private
limited company
Date of foundation: 1994
Shareholders'
agreement: 26.01.1994
Registered on: 26.04.2000
Commercial Register: Local court 87435 Kempten
under: HRB
7148
EUR
26,500,000.00
Shareholder:
GILDEMEISTER
Beteiligungen GmbH
Gildemeisterstr. 60
D 33689 Bielefeld
Legal form: Private
limited company
Share capital: EUR
55,000,000.00
Share: EUR 23,685,000.00
Registered on: 28.08.2012
Reg. data: 33602
Bielefeld, HRB 40806
Control and profit
transfer agreement
Shareholder:
DMG MORI SEIKI
AKTIENGESELLSCHAFT
Gildemeisterstr. 60
D 33689 Bielefeld
Post Box:
11 03 51, D 33663
Bielefeld
Legal form: Public
limited company
Share capital: EUR
204,926,784.40
Share: EUR 2,815,000.00
Registered on: 22.08.1899
Reg. data: 33602
Bielefeld, HRB 7144
Manager:
Alfred Geißler
Unterer Lus 3
D 87459 Pfronten
born: 17.04.1958
Manager:
Dipl.-Oec. Steffen Rolf
Burghoff
D 87466 Oy-Mittelberg
born: 01.08.1968
Manager:
Markus Piber
D 87459 Pfronten
born: 07.04.1971
Nationality: Austrian
Proxy:
Hermann Lochbihler
A Vils
authorized to jointly
represent the company
born: 24.06.1956
Nationality: Austrian
Proxy:
Norbert Zweng
D 87637 Eisenberg
authorized to jointly
represent the company
born: 07.02.1957
Further functions/participations of Dipl.-Oec.
Steffen Rolf
Burghoff (Manager)
Manager:
Alpenhotel Krone
Beteiligungsgesellschaft
mbH
Deckel-Maho-Str. 1
D 87459 Pfronten
Legal form: Private
limited company
Share capital: EUR 25,000.00
Registered
on: 21.12.2010
Reg. data: 87435 Kempten, HRB 10884
26.01.1994 - 26.11.1998 Deckel Maho GmbH
Plinganserstr. 150
D 81369 München
Private limited
company
26.11.1998 - 21.12.2006 Deckel Maho GmbH (AG München, HRB
105145)
Lausitzer Str. 7
D 82538 Geretsried
Private limited
company
21.12.2006 - 06.02.2007 DECKEL MAHO Pfronten GmbH
Tiroler Str. 85
D 87459 Pfronten
Private limited
company
06.08.2009 - 09.08.2012 Manager
Christian Thönes
D 33602 Bielefeld
Main
industrial sector
28410
Manufacture of metal forming machinery
7112
Engineering activities
Secondary industrial sector
4662
Wholesale of machine tools
General partner:
Alpenhotel Krone GmbH
& Co.
Kommanditgesellschaft
Deckel-Maho-Str. 1
D 87459 Pfronten
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 2,000.00
contribution:
Reg. data: 22.12.2010
Local court
87435 Kempten
HRA 9302
Limited partner:
Pro-micron GmbH & Co.
KG
Innovapark 20
D 87600 Kaufbeuren
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 1,026,400.00
contribution:
Share: EUR 85,200.00
Reg. data: 28.01.2003
Local court
87435 Kempten
HRA 8008
Shareholder:
SAUER GmbH
Gildemeister Str. 1
D 55758 Stipshausen
Legal form: Private
limited company
Company Status: active
Share capital: EUR 5,365,000.00
Share: EUR 5,300,000.00
Reg. data: 27.12.2004
Local court
55543 Bad Kreuznach
HRB 11293
Shareholder:
Alpenhotel Krone
Beteiligungsgesellschaft
mbH
Deckel-Maho-Str. 1
D 87459 Pfronten
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 21.12.2010
Local court
87435 Kempten
HRB 10884
Payment experience: within agreed terms
Negative information:We have no negative
information at hand.
Type of ownership: proprietor
Share: 100.00 %
Address Deckel-Maho-Str. 1
D 87459 Pfronten
Land register documents were not available.
Principal bank
UNICREDIT BANK - HYPOVEREINSBANK, 87600
KAUFBEUREN
Sort. code: 73420071
BIC: HYVEDEMM427
Further banks
SPARKASSE ALLGÄU, 87414 KEMPTEN (ALLGÄU)
Sort. code: 73350000
BIC: BYLADEM1ALG
BAYERISCHE LANDESBANK, 80277 MÜNCHEN
Sort. code: 70050000
BIC: BYLADEMMXXX
DEUTSCHE BANK, 33501 BIELEFELD
Sort. code: 48070020
BIC: DEUTDE3BXXX
LANDESBANK HESSEN-THÜRINGEN GIROZENTRALE NL.
DÜSSELDORF, 40019
DÜSSELDORF
Sort. code: 30050000
BIC: WELADEDDXXX
Financial year: 01.01.
- 31.12.
Share capital: EUR 26,500,000.00
The
number of employees is not known.
Control and profit transfer agreement to:
GILDEMEISTER
Beteiligungen GmbH
Gildemeisterstr. 60
D 33689 Bielefeld
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.75 |
|
|
1 |
Rs.102.17 |
|
Euro |
1 |
Rs.74.38 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
ANK |
RATING EXPLANATIONS
|
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 |
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.