MIRA INFORM REPORT

Report No. :	501028
Report Date :	02.04.2018

IDENTIFICATION DETAILS

Name :	OOO BIZNES MIR
Registered Office :	Fridrikha Engelsa Street 75, Building 5, Apartment VIII, Room 1, Basmanniy District, 105082 Moscow
Country :	Russia
Financials (as on) :	31.12.2017 (Summarized)
Date of Incorporation :	22.08.2016
Com. Reg. No.:	OGRN 1167746789286
Legal Form :	Limited Liability Company
Line of Business :	Trading as exporters and wholesalers of grain and barley products as well as feed corn and food products.
No. of Employees :	5

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

B

Credit Rating	Explanation	Rating Comments
B	Medium Risk	Business dealings permissible on a regular monitoring basis

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

Country Name	Previous Rating (30.09.2017)	Current Rating (31.12.2017)
Russia	A2	A2

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderately Low Risk	B1
Moderate Risk	B2
Moderately High Risk	C1
High Risk	C2
Very High Risk	D

RUSSIA - ECONOMIC OVERVIEW

Russia has undergone significant changes since the collapse of the Soviet Union, moving from a centrally planned economy towards a more market-based system. Both economic growth and reform have stalled in recent years, however, and Russia remains a predominantly statist economy with a high concentration of wealth in officials' hands. Economic reforms in the 1990s privatized most industry, with notable exceptions in the energy, transportation, banking, and defense-related sectors. The protection of property rights is still weak, and the state continues to interfere in the free operation of the private sector.

Russia is one of the world's leading producers of oil and natural gas, and is also a top exporter of metals such as steel and primary aluminum. Russia is heavily dependent on the movement of world commodity prices as reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the volatile swings in global prices. The economy, which had averaged 7% growth during the 1998-2008 period as oil prices rose rapidly, has seen diminishing growth rates since then due to the exhaustion of Russia’s commodity-based growth model.

A combination of falling oil prices, international sanctions, and structural limitations pushed Russia into a deep recession in 2015, with GDP falling by close by 2.8%. The downturn continued through 2016, with GDP contracting another 0.2%, but was reversed in 2017 as world demand picked up. Government support for import substitution has increased recently in an effort to diversify the economy away from extractive industries.

Source : CIA

SUMMARY

COMPANY NAME	OOO BIZNES MIR
ADDRESS	Building	Street			Area			PO Box
	N/A	Fridrikha Engelsa Street 75, Building 5, Apartment VIII, Room 1			Basmanniy District			105082 Moscow
TEL/FAX	Verified Phones: (+7 8442) 269 288 / (+7 960) 896 5111 / Fax: (+7 8442) 269 288
EMAIL/WEBSITE	Email: info@blue-global.ru / Website: N/A
ACTIVITY	NACE 4669 - Wholesale of other machinery and equipment; NACE 4621 - Wholesale of grain, unmanufactured tobacco, seeds and animal feeds;
PRINCIPAL	Nezam Esfandiar Vaziri					Workforce
	Managing Director					5
LEGAL INFO	Date Of Est.		Reg. No.	Legal Form			Status
	22/08/2016		OGRN 1167746789286	LLC			Active
CAPITAL	CURRENCY			AMOUNT
	RUBLE (RUB)			11,000
START DATE OF BUSINESS ACTIVITIES
August 2016

IDENTIFICATION
CO. NAME	OOO BIZNES MIR
ENQUIRED NAME	BIZNES MIR
TRADEMARK	OOO BM / BIZNES MIR LLC
STREET	Barrikadnaya Street 1B, Apartment 7-17
AREA	Volgogradskaya Region
POSTAL ADDRESS	400074 Volgograd
CITY	Volgograd
COUNTRY	Russia
TELEPHONE	(+7 8442) 269 288 / Mobile (+7 960) 896 5111 (Alexey Viktorovich Vazhin)
FAX	(+7 8442) 269 288
VERIFIED EMAIL	info@blue-global.ru / vazhin.alexey@blueglobal.ru / nezam@blueglobal.ru / alevtina@blueglobal.ru
BUSINESS HOURS	DAYS	OFFICE HOURS	BREAK TIME
	Mon-Fri	09:00-17:00	13:00-14:00
REGISTERED ADDRESS	Fridrikha Engelsa Street 75, Building 5, Apartment VIII, Room 1, Basmanniy District, 105082 Moscow

SENIOR PERSONNEL
MANAGEMENT	NAME	POSITION
	Nezam Esfandiar Vaziri	Managing Director
	Alexey Viktorovich Vazhin Alevtina Vazhina (wife of the above)	Executive Director Chief Accountant
WORKFORCE	NO. OF EMPLOYEES	PERIOD
	5	03.2018

FINANCIAL SUMMARY
NOTES	As the Buyer has only recently started trading, relevant financial information is not available.
REVENUE	31/12/2017	31/12/2016
	RUBLE 18,000,000	RUBLE 2,266,000
PROFIT BEFORE TAX	RUBLE 12,000 as of 31/12/2016
STOCK/INVENTORIES	RUBLE 1,152,000 as of 31/12/2016

LEGAL STATUS
INCORPORATION	22/08/2016
REGISTRATION NO.	C.R. NUMBER	ISSUED BY
	OGRN 1167746789286	Federal Tax Service
OTHER REGISTRATION NO.	INN 9701048053 (Tax Code) / KPP 770101001 / OKPO 4137026 (Statistics Code) / OKTMO 45375000000
AUTHORISED CAPITAL	AMOUNT	CURRENCY
	RUBLE	11,000
PAID-UP CAPITAL	AMOUNT	CURRENCY
	RUBLE	11,000
LEGAL FORM	Limited Liability Company
BUSINESS HISTORY	The Company was incorporated in Russia on 22 August 2016.
STATUS	Active
SHAREHOLDERS	NAME	PERCENTAGE
	Said Yusefi	100.00%

OPERATION
BANKERS	JSC MB Bank Mashkova Street 9/1 Moscow 105062 Russia Telephone: (+7 495) 646 2110 Fax : (+7 495) 628 6286
ACTIVITY CODE (NACE)	NACE 4669 - Wholesale of other machinery and equipment; NACE 4621 - Wholesale of grain, unmanufactured tobacco, seeds and animal feeds;
LINE OF BUSINESS	Trading as exporters and wholesalers of grain and barley products as well as feed corn and food products.
IMPORT FROM	Subject does not engage in importing activities.
EXPORT TO	Iran
FACILITIES	Rented premises comprising administrative offices located at the heading address.
RELATED COMPANIES	Associates 1. OOO Blue Global Trading Barrikadnaya Street 1B, Apartment 7-17, Volgogradskaya Region Volgograd 400074 Russia Est.: 31/03/2017 C.R. No.: OGRN 1173443008034 Tax Code: INN 3460068451 Managing Director: Alexey Vazhin Shareholders: Ali Gobadi – 30% Omidreza Khademi – 30% Nezam Vaziri – 30% Alexey Vazhin – 10% 2. IP Nezam Esfandiar Vaziri Barrikadnaya Street 1B, Apartment 7-17, Volgogradskaya Region Volgograd 400074 Russia Est.: 27/06/2017 C.R. No.: OGRN 317344300060115 Tax Code: INN 343534811290 3. Manhattan General Trading LLC Travel Mkt Bldg, Opp Al Kabayl Discount Centre, Deira PO Box: 123919 Dubai Telephone: (+971 4) 294 7785 Fax : (+971 4) 298 9079 Est.: 25/04/2006 Trade License No.: 580324 (expired on: 24/04/2013) 4. Manhattan Enterprise California USA 5. OOO BLYU GLOBAL Barrikadnaya Street 1B, Apartment 7-17, Volgogradskaya Region Volgograd 400074 Russia Est.: 11/03/2016 C.R. No.: OGRN 1163443057425 Tax Code: INN 3460062587 Shareholders: Nezam Esfandiar Vaziri – 92% Alexey Viktorovich Vazhin – 5% Hasan Ibrahim – 3%

SPECIAL REMARKS
INTERVIEWED	Alevtina Vazhina (Chief Accountant).
COMMENTS	You enquired on: BIZNES MIR. Please note that subject’s correct registered name is as per heading. The address which you provided: Ul Fridrikha Engelsa D 75, Str 5 Pom VIII, Komnata 1 105082 Moscow, Russia applies to subject’s registered address. Please note that subject’s current administrative office address is as per heading.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 65.04
UK Pound	1	INR 92.28
Euro	1	INR 80.62
RUB	1	INR 1.13

Note : Above are approximate rates obtained from sources believed to be correct

INFORMATION DETAILS

Analysis Done by :	NIY
Report Prepared by :	TRU

RATING EXPLANATIONS

Credit Rating	Explanation	Rating Comments
A++	Minimum Risk	Business dealings permissible with minimum risk of default
A+	Low Risk	Business dealings permissible with low risk of default
A	Acceptable Risk	Business dealings permissible with moderate risk of default
B	Medium Risk	Business dealings permissible on a regular monitoring basis
C	Medium High Risk	Business dealings permissible preferably on secured basis
D	High Risk	Business dealing not recommended or on secured terms only
NB	New Business	No recommendation can be done due to business in infancy stage
NT	No Trace	No recommendation can be done as the business is not traceable

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

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 are as follows:

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

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.