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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

486765

Report Date :

17.01.2018

 

IDENTIFICATION DETAILS

 

Name :

STÄUBLI SARGANS AG

 

 

Registered Office :

Grossfeldstrasse 71, 7320 Sargans/SG

 

 

Country :

Switzerland

 

 

Year of Establishment :

1892

 

 

Com. Reg. No.:

320.3.052.641-2

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

Manufacture and sale of textile machinery, connectors and robotics

 

 

No. of Employees :

112

 

 

RATING & COMMENTS

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

 

MIRA’s Rating :

A

 

Credit Rating

Explanation

Rating Comments

A

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)

Switzerland

A1

A1

 

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

 


 

SWITZERLAND - ECONOMIC OVERVIEW

 

Switzerland, a country that espouses neutrality, is a prosperous and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies.

The Swiss have brought their economic practices largely into conformity with the EU's to enhance their international competitiveness, but some trade protectionism remains, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled demand for Swiss exports and put Switzerland into a recession. During this period, the Swiss National Bank (SNB) implemented a zero-interest rate policy to boost the economy, as well as to prevent appreciation of the franc, and Switzerland's economy began to recover in 2010.

The sovereign debt crises unfolding in neighboring euro-zone countries, however, coupled with ongoing economic instability in Russia and other eastern European economies continue to pose a significant risk to the Swiss economy, driving up demand for the Swiss franc by investors seeking a safe-haven currency. In January 2015, the SNB abandoned the Swiss franc’s peg to the euro, roiling global currency markets and making active SNB intervention a necessary hallmark of present-day Swiss monetary policy. The independent SNB has upheld its zero interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell below 2% per year from 2011-16.

In recent years, Switzerland has responded to increasing pressure from neighboring countries and trading partners to reform its banking secrecy laws, by agreeing to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The Swiss government has also renegotiated its double taxation agreements with numerous countries, including the US, to incorporate OECD standards, and is openly considering the possibility of imposing taxes on bank deposits held by foreigners

 

Source : CIA

 


Company name and summery  

 

STÄUBLI SARGANS AG

 

Operating address:

Grossfeldstrasse 71

7320 Sargans/SG

Switzerland/CH

 

Telephone:                   +41 817250101

Fax:                             +41 817250110

 

Web site:                      http://www.staubli-schweiz.ch

E-mail:                         sargans@staubli.com

 

WIN Worldbox No.:       CH0005690167

VAT-No.:                      CHE-116.284.370 MWST

UID-No.:                       CHE109867388

 

 

Profile

 

Established:                 1892

History:                        1892:      Established as

                                    The company has been founded 1892 under the name Schelling & Stäubli. The company's domicile was in Horgen ZH.

Line of Business:          Machinery

Industry Division:          Manufacturing

Industry-code (NACE):  2894       Manufacture of machinery for textile, apparel and leather production

Import/Export:              Export

Banks:                         UBS Ltd

 

 

Operational Figures

 

Coverage:                    Company

Figures:                        estimated

Financial year:              2017

Employees:                  112

Sales:                          CHF 20-40 Mio

 

 

 

 

 

Activity

 

The business activities includes the manufacture and sale of textile machinery, connectors and robotics. The Stäubli Group has 12 industrial production companies, is present in 25 countries with sales offices and subsidiaries and has representations in 50 countries worldwide.

 

Operations and Branches:

At the address, Grossfeldstrasse 71, 7320 Sargans, Switzerland, we find office of the company.

 

 

Real Estate

 

Real Estate:                  The company owns buildings.

 

 

Company Register

 

Company No:               320.3.052.641-2

UID-No.:                       CHE109867388

Legal form:                   Company limited by shares

Registration:                 16.12.2002

Legal status:                 active

Responsible Register:   Handelsregister des Kantons St. Gallen

History:                        Date of Statutes: 23.06.2003

                                    Date of Incorporation Statutes: 12.12.2002

 

Entry          Deleted      Name

16.12.2002                    Stäubli Sargans AG

16.12.2002                    Stäubli Sargans SA (Name translated)

16.12.2002                    Stäubli Sargans Ltd. (Name translated)

 

Entry          Deleted      Legal domicile

16.12.2002                    Sargans, Switzerland

 

Entry          Deleted      Address

16.12.2002                    Grossfeldstrasse 71, 7320 Sargans/SG, Switzerland/CH

 

Entry          Deleted      Capital

26.06.2003                    Share Capital CHF 10,000,000, paid up CHF 10,000,000

 

Entry          Deleted      Capital Structure

26.06.2003                    10,000 Registered shares of CHF 1,000.--

 

 

Official Administration

 

Title                                           Name

President                                    Stäubli, Yves Anthony

                                                  Citizen: Horgen, Switzerland

                                                  Residential address: Wollerau, Switzerland

                                                  joint signature of two

                                                  Registered since: 13.08.2014

Director                                      Gottschall, Carsten

                                                  Citizen: Kappel am Albis, Switzerland

                                                  Residential address: Wangen /SZ, Switzerland

                                                  joint signature of two

                                                  Registered since: 13.02.2017

Director                                      Strebel, Rolf

                                                  Citizen: Obfelden, Switzerland

                                                  Residential address: Saint Jorioz, France

                                                  without signature

                                                  Registered since: 05.09.2007

 

 

Management

 

Title                                           Name

Director                                      Germann, Urban

                                                  Citizen: Jonschwil, Switzerland

                                                  Residential address: Maienfeld, Switzerland

                                                  Born: 12.06.1962

                                                  joint signature of two

                                                  Registered since: 16.12.2002

Member with procuration             Kunz, Tanja

                                                  Citizen: Germany

                                                  Residential address: Bazenheid (Kirchberg SG), Switzerland

                                                  joint power of attorney of two

                                                  Registered since: 22.08.2016

Member with procuration             Legler, Fritz

                                                  Citizen: Luchsingen, Switzerland

                                                  Residential address: Wolfhausen (Bubikon), Switzerland

                                                  joint power of attorney of two

                                                  Registered since: 28.01.2011

Member with procuration             Steiner, Heinrich

                                                  Citizen: Wildhaus-Alt St. Johann, Switzerland

                                                  Residential address: Wildhaus (Wildhaus-Alt St. Johann), Switzerland

                                                  joint power of attorney of two

                                                  Registered since: 09.03.2010

Member with procuration             Wolf, Markus

                                                  Citizen: Liechtenstein

                                                  Residential address: Schaan, Liechtenstein

                                                  joint power of attorney of two

                                                  Registered since: 16.12.2002

 

 

External Positions

 

Title                                           Name

Auditor                                       KPMG AG,

                                                  Residential address: Zürich, Switzerland

                                                  Id: CHE-106.084.881

                                                  Registered since: 16.12.2002

 

 

Ultimate Parent Company

 

Name:                          Stäubli Holding AG

City/Country:                Pfäffikon SZ/SZ, Switzerland/CH

 

 

Direct owner/-s

 

No. of owner/-s:            1

Owner:                         The company is domestic owned.

 

Class:                          100%, directly held

Name:                          Stäubli Holding AG

City/Country:                Pfäffikon SZ/SZ, Switzerland/CH

Interest:                        100,00% voting right, 100,00% capital interest (since 2002)

 

 

Investments

 

It is believed that the company has no investments.

 

 

Sisters

 

Name:                          Multi-Holding AG

City/Country:                Allschwil/BL, Switzerland/CH

 

Name:                          Prevost (UK) Limited

City/Country:                Rochdale/Lancashire, United Kingdom/GB

 

Name:                          Stäubli AG

City/Country:                Horgen/ZH, Switzerland/CH

 

Name:                          Stäubli AG Pfäffikon

City/Country:                Pfäffikon SZ/SZ, Switzerland/CH

 

Name:                          Stäubli Comércio, Importação, Exportação e Representações Ltda

City/Country:                São Paulo, Brazil/BR

 

Name:                          Stäubli Corporation

City/Country:                Duncan/South Carolina, United States of America/US

 

Name:                          Stäubli Electrical Connectors AG

City/Country:                Allschwil/BL, Switzerland/CH

 

Name:                          Stäubli Española SA

City/Country:                Sabadell/Barcelona, Spain/ES

 

Name:                          Stäubli Faverges SCA

City/Country:                Faverges, France/FR

 

Name:                          Stäubli (Hangzhou) Mechatronic Co Ltd

City/Country:                Hangzhou, China/CN

 

Name:                          STAUBLI (H.K.) LIMITED

City/Country:                Hong Kong/HK

 

Name:                          STÄUBLI HOLDING Germany GmbH

City/Country:                Bayreuth/Bayern, Germany/DE

 

Name:                          Stäubli Immobilien AG

City/Country:                Pfäffikon SZ/SZ, Switzerland/CH

 

Name:                          Stäubli International AG

City/Country:                Pfäffikon SZ/SZ, Switzerland/CH

 

Name:                          Stäubli Italia SpA

City/Country:                Carate Brianza/Milano, Italy/IT

 

Name:                          Staubli KK

City/Country:                Tokyo, Japan/JP

 

Name:                          Stäubli Lodz Spzoo

City/Country:                Lodz, Poland/PL

 

Name:                          Stäubli Lyon SA

City/Country:                Chassieu/Lyon, France/FR

 

Name:                          Stäubli Mexico SA de CV

City/Country:                Puebla, Mexico/MX

 

Name:                          Stäubli Portugal Representações Lda

City/Country:                Milheiros-Maia, Portugal/PT

 

Name:                          Stäubli Sanayi Makina Ve Aksesuarli Ticaret Ltd Sti

City/Country:                Istanbul, Turkey/TR

 

Name:                          Texlog SA

City/Country:                Pfäffikon SZ/SZ, Switzerland/CH

 

 

 

Financials

 

Balance sheet publication:     

The subject company does not publish financial figures.

 

 

Legal Actions

 

Control date       Year                       No.             Amount CHF     Status

31.12.2014          2014                           0                                      Legal actions

31.12.2013          2013                           0                                      Legal actions

31.12.2012          2012                           0                                      Legal actions

17.06.2009          2009                           0                                      Legal actions

31.12.2008          2008                           0                                      Legal actions

31.12.2007          2007                           0                                      Legal actions

31.12.2006          2006                           0                                      Legal actions

No legal actions determined.

 

An updated legal action check is only available against proof of interest. e.g. a copy of an enquiry letter, and order or invoice relating to the subject company.

 

 

Sanctions List

 

We did not find the company included on the various international sanctions lists, such as the OFAC (Office of Foreign Assets Control), the BIS (Bureau of Industry and Security), the European Union Restrictive measures (sanctions) list, the Export Control Organisation (ECO) of the UK, the Australian Department of Foreign Affairs and Trade.

 

 

Payment experiences

 

There are irregularities on record.

 

Debt collection case:

AUG 2015: CHF 2'459.00

 

 

Remarks

 

- The VAT number - CHE-116.284.370 MWST - is the Group VAT number.

 

 

Credit Information

 

Financial Situation:        The financial situation is in order.

 

Payment experiences:   No Complaints

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 63.76

UK Pound

1

INR 87.91

Euro

1

INR 78.20

CHF

1

INR 66.24

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

NIT 

                                                


 

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.