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MIRA INFORM REPORT
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Report No. : |
484837 |
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Report Date : |
09.01.2018 |
IDENTIFICATION DETAILS
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Name : |
MUNDO INDUSTRIAL |
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Registered Office : |
Calle Alto de la Alianza No 675 Zona Central, La Paz |
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Country : |
Bolivia |
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Date of Incorporation : |
1987 |
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Legal Form : |
Empresa Unipersonal |
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Line of Business : |
· The company is dedicated to the wholesale of stainless steel. · The company offers Irons, Coil plates, Bars, Pipes, Angular laminate Angular machining, Pletinas, Engineering plastics, Cables, chains, fasteners, Railings, Uprights, Stringers, Valves and Couplings. |
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No. of Employees : |
23 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
B |
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Credit Rating |
Explanation |
Rating Comments |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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Status : |
Moderate |
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Payment Behaviour : |
Slow |
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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
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Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
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Bolivia |
B1 |
B1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
BOLIVIA - ECONOMIC OVERVIEW
Bolivia is a resource rich country with strong growth attributed to captive
markets for natural gas exports to Brazil and Argentina. However, the country
remains one of the least developed countries in Latin America because of
state-oriented policies that deter investment and growth.
Following a disastrous economic crisis during the early 1980s, reforms
spurred private investment, stimulated economic growth, and cut poverty rates
in the 1990s. The period 2003-05 was characterized by political instability,
racial tensions, and violent protests against plans - subsequently abandoned -
to export Bolivia's newly discovered natural gas reserves to large Northern
Hemisphere markets. In 2005, the government passed a controversial hydrocarbons
law that imposed significantly higher royalties and required foreign firms then
operating under risk-sharing contracts to surrender all production to the state
energy company in exchange for a predetermined service fee. High commodity
prices between 2010 and 2014 sustained rapid growth and large trade surpluses
with GDP growing 6.8% in 2013 and 5.4% in 2014. The global decline in oil
prices that began in late 2014 exerted downward pressure on the price Bolivia
receives for exported gas and resulted in lower GDP growth rates - 4.9% in 2015
and 4.3% in 2016 - and losses in government revenue as well as fiscal and trade
deficits.
A lack of foreign investment in the key sectors of mining and
hydrocarbons, along with conflict among social groups, pose challenges for the
Bolivian economy. In 2015, President Evo MORALES expanded efforts to court international
investment and boost Bolivia’s energy production capacity. MORALES passed an
investment law and promised not to nationalize additional industries in an
effort to improve the investment climate. In early 2016, the Government of
Bolivia approved the 2016-20 National Economic and Social Development Plan
aimed at maintaining growth of 5% and reducing poverty.
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Source
: CIA |
STATUTORY
INFORMATION
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Legal Name: |
MUNDO INDUSTRIAL |
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Trade Names: |
MUNDO INDUSTRIAL |
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ID: |
00811486011 |
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Date Created: |
1987 |
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Date Incorporated: |
1987 |
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Legal Address: |
Calle Alto de la Alianza No 675 Zona Central La Paz, Bolivia |
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Operative Address: |
Calle Alto de la Alianza No 675 Zona Central La Paz, Bolivia |
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Telephone: |
2 283107 2 281080 |
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Fax: |
2 281080 |
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Legal Form: |
Empresa Unipersonal |
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Email: |
ventaslpz@mundoindustrial.com.bo |
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Registered in: |
BOLIVIA |
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Website: |
www.mundoindustrial.com.bo |
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Contact: |
De Oliveira Jaldin, Fernando |
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Staff: |
23 |
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Activity: |
NAICS 1: Metal Service Centers and Other Metal Merchant Wholesalers SIC 1: Steel |
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Banks: |
The company does not make its banking data public. |
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History: |
The company was founded in 1987. |
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PRINCIPAL
ACTIVITY
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The company is dedicated to the wholesale of stainless steel. |
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Products/Services description: |
The company offers Irons, Coil plates, Bars, Pipes, Angular laminate
Angular machining, Pletinas, Engineering plastics, Cables, chains, fasteners,
Railings, Uprights, Stringers, Valves and Couplings. |
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Brands: |
Mundo industrial |
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Sales are: |
Wholesale |
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Clients: |
Several Industries |
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Suppliers: |
Viraj Profiles Ltd Cominoxsa De Cv White Star Steel, S.A. De C.V. Fabory Trade |
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Operations area: |
National |
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The company imports from |
INDIA MEXICO CHILE |
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The subject employs |
23 employees |
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Payments: |
Slow |
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LOCATION
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Headquarters : |
Calle Alto de la Alianza No 675 Zona Central La Paz, Bolivia |
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Comments on Address: |
- |
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Branches: |
Santa Cruz Sucursal 1 Avenida Dr. Roque Aguilera No 162 Zona Abasto Santa Cruz, Bolivia Tarija Sucursal 2 C/S nombre, S/No Frente al parqueo del Mercado
Abasto del Sur - Barrio Simon Bolivar Tarija, Bolivia Cochabamba Sucursal 3 Avenida Beijing No 300 Zona Villa Busch Norte Cochabamba, Bolivia Santa Cruz Sucursal 4 Av. Cuarto Anillo y Canal Isuto No 3330 Barrio
Brijida Santa Cruz, Bolivia |
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Related Companies: |
No related companies were found. |
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GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
This is a private company. We were not able to confirm major holders. |
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Management: |
De Oliveira Jaldin, Fernando Juan Carlos Ramirez Mauricio Balderrama |
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FINANCIAL
INFORMATION
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The company does not make its financial
statements public. The following information has been provided by private
sources: |
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USD 2016 |
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Revenue |
750 000 |
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Cash flow |
Normal |
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LEGAL
FILINGS
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PATENTS |
No found. |
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GOVERNMENT CONTRACTS |
No records found. |
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CASES |
No records found. |
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TRADEMARKS |
No records found. |
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RENEWAL HISTORY |
No records found. |
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SUMMARY
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Founded in 1987, De Oliveira Jaldin, Fernando is a small organization
in the metals service centers industry located in La Paz, Bolivia. It has approximately 23 full-time employees and generates an estimated
$735,930 USD in annual revenue. The company operates nationally, mainly importing from India, Mexico
and Chile. It is ACTIVE in business with no negative records. |
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RISK
INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
Slow |
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CASH FLOW |
Normal |
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STATUS |
Active |
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INTERVIEW |
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NAME |
- |
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POSITION |
- |
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COMMENTS |
We called numbers 2 283107and 2281080 several times and received no
answer. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 63.35 |
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1 |
INR 85.89 |
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Euro |
1 |
INR 76.15 |
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BOB |
1 |
INR 9.18 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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VAR |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.