MIRA INFORM REPORT

Report No. :	489969
Report Date :	07.02.2018

IDENTIFICATION DETAILS

Name :	EOS GMBH ELECTRO OPTICAL SYSTEMS

Registered Office :	Robert-Stirling-Ring 1, D 82152 Krailling

Country :	Germany

Date of Incorporation :	24.02.1989

Com. Reg. No.:	HRB 87386

Legal Form :	Private Limited Company

Line of Business :	Manufacture of Magnetic and Optical Media.

No. of Employees :	Not Available

RATING & COMMENTS

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

MIRA’s Rating :

Credit Rating

Explanation

Rating Comments

Acceptable Risk

Business dealings permissible with moderate risk of default

Status :	Satisfactory

Payment Behaviour :	No Complaints

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

(30.06.2017)

Current Rating

(30.09.2017)

Germany

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

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 a large increase in 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. The German Government introduced a minimum wage in 2015 that increased to $9.79 (8.84 euros) in January 2017.

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 2017 Germany reached a budget surplus of 0.7%. 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 during 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 largely with renewable energy, which accounted for 29.5% of gross electricity consumption in 2016, 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. Domestic consumption, bolstered by low energy prices and a weak euro, and exports are likely to drive German GDP growth again in 2018.

Source : CIA

Company name and address

EOS GMBH ELECTRO OPTICAL SYSTEMS

Company Status: Active

Robert-Stirling-Ring 1

D 82152 Krailling

Telephone:089/89336-0

Telefax: 089/89336-285

Homepage: www.eos.info

E-mail: info@eos.info

VAT no.: DE129339753

Tax ID number: 117/115/30020

Company Summary

LEGAL FORM Private limited company

Date of foundation: 24.02.1989

Shareholders'

agreement: 24.02.1989

Registered on: 24.04.1989

Commercial Register: Local court 80333 München

under: HRB 87386

Share capital

EUR 185,000.00

Shareholder:

EOS Holding Aktiengesellschaft

Robert-Stirling-Ring 1

D 82152 Krailling

Legal form: Public limited company

Share capital: EUR 5,637,022.00

Share: EUR 185,000.00

Registered on: 16.10.1997

Reg. data: 80333 München, HRB 118140

Profit transfer agreement

Manager:

Eric Paffrath

Elvirastr. 10

D 80636 München

born: 08.05.1968

Manager:

Dr. Tobias Abeln

D 70173 Stuttgart

born: 03.06.1970

Manager:

Adrian Keppler

D 85560 Ebersberg

born: 31.01.1965

Proxy:

Markus Glasser

Orthofen 12a

D 83052 Bruckmühl