MIRA INFORM REPORT

Report No. :	501026
Report Date :	02.04.2018

IDENTIFICATION DETAILS

Name :	OOO BLYU GLOBAL
Registered Office :	Barrikadnaya Street 1B, Apartment 7-17, Volgogradskaya Region, 400074 Volgograd
Country :	Russia
Date of Incorporation :	11.03.2016
Com. Reg. No.:	OGRN 1163443057425
Legal Form :	Limited Liability Company
Line of Business :	Trading as exporters and wholesalers of grain and barley products as well as feed corn.
No. of Employees :	7

RATING & COMMENTS

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

MIRA’s Rating :

NB

Credit Rating	Explanation	Rating Comments
NB	New Business	No recommendation can be done due to business in infancy stage

Status :	New Business
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

BRIEF SUMMARY
COMPANY NAME	OOO BLYU GLOBAL
ADDRESS	Building	Street			Area			PO Box
	N/A	Barrikadnaya Street 1B, Apartment 7-17			Volgogradskaya Region			400074 Volgograd
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: www.blue-global.ru
ACTIVITY	NACE 4621 - Wholesale of grain, unmanufactured tobacco, seeds and animal feeds;
PRINCIPAL	Nezam Esfandiar Vaziri					Workforce
	Managing Director					7
LEGAL INFO	Date Of Est.		Reg. No.	Legal Form			Status
	11/03/2016		OGRN 1163443057425	LLC			Active
CAPITAL	CURRENCY			AMOUNT
	RUBLE (RUB)			10,000
OPINION ON MAX CREDIT	NOTES			START DATE OF BUSINESS ACTIVITIES
	NB - New Business less than 24 months old			December 2016

IDENTIFICATION
CO. NAME	OOO BLYU GLOBAL
ENQUIRED NAME	BLYU GLOBAL LLC
ALSO KNOWN NAME (S)	Blue Global LLC / Blue Global Company
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
WEBSITE	www.blue-global.ru
BUSINESS HOURS	DAYS	OFFICE HOURS	BREAK TIME
	Mon-Fri	09:00-17:00	13:00-14:00
REGISTERED ADDRESS	Barrikadnaya Street 1B, Apartment 7-17, Volgogradskaya Region, 400074 Volgograd, Russia

SENIOR PERSONNEL
MANAGEMENT	NAME	POSITION
	Nezam Esfandiar Vaziri	Managing Director
	Alexey Viktorovich Vazhin Yuliya Lavrenko	Executive Director Assistant to Managing Director
WORKFORCE	NO. OF EMPLOYEES	PERIOD
	7	03.2018

FINANCIAL SUMMARY
NOTES	As the Buyer has only recently started trading, relevant financial information is not available.
STOCK/INVENTORIES	RUBLE 201,000 as of 31/12/2016
FIXED ASSETS	RUBLE 140,000 as of 31/12/2016

LEGAL STATUS
INCORPORATION	11/03/2016
REGISTRATION NO.	C.R. NUMBER	ISSUED BY
	OGRN 1163443057425	Federal Tax Service
OTHER REGISTRATION NO.	INN 3460062587 (Tax Code) / KPP 346001001 / OKPO 566925 (Statistics Code) / OKTMO 18701000001
AUTHORISED CAPITAL	AMOUNT	CURRENCY
	10,000	RUBLE
PAID-UP CAPITAL	AMOUNT	CURRENCY
	10,000	RUBLE
LEGAL FORM	Limited Liability Company
BUSINESS HISTORY	The Company was incorporated in Russia on 11 March 2016 and started trading in December 2016.
STATUS	Active
SHAREHOLDERS	NAME	PERCENTAGE
	1. Nezam Esfandiar Vaziri Nationality: Iranian Tax Code: INN 343534811290 2. Alexey Viktorovich Vazhin Nationality: Russian Tax Code: INN 344553145048 3. Hasan Ibrahim Nationality: Iranian	92.00% 5.00% 3.00%

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 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.
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. OOO Biznes Mir Fridrikha Engelsa Street 75, Bldg 5, Apartment VIII Moscow 105082 Russia Est.: 22/08/2016 C.R. No.: OGRN 1167746789286 Tax Code: INN 9701048053 Managing Director: Nezam Vaziri Sole Shareholder: Said Yusefi 3. 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 4. 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) 5. Manhattan Enterprise California USA

PAYMENT
CREDIT OPINION	NB - New Business less than 24 months old. No trade experience of payments is available.
CREDIT LIMIT RECOMMENDATION	As the subject has recently been established and has no financial or payment track record, we recommend dealing on fully secured terms.
FINANCIAL STRENGTH	High
EMPLOYEE RANGE	ER7

SPECIAL REMARKS
INTERVIEWED	Alexey Viktorovich Vazhin (Executive Director).
COMMENTS	You enquired on: BLYU GLOBAL LLC. Please note that this name applies to an English translation of the subject’s name. Subject’s correct registered name 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 1.14

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

INFORMATION DETAILS

Analysis Done by :	PRI
Report Prepared by :	TPT

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)

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