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Report No. : |
486765 |
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Report Date : |
17.01.2018 |
IDENTIFICATION DETAILS
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Name : |
STÄUBLI SARGANS AG |
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Registered Office : |
Grossfeldstrasse
71, 7320 Sargans/SG |
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Country : |
Switzerland |
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Year of Establishment : |
1892 |
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Com. Reg. No.: |
320.3.052.641-2 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Manufacture and sale of textile
machinery, connectors and robotics |
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No. of Employees : |
112 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with moderate
risk of default |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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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Switzerland |
A1 |
A1 |
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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 |
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
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Source
: CIA |
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
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
Coverage: Company
Figures: estimated
Financial year: 2017
Employees: 112
Sales: CHF 20-40 Mio
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: The company owns buildings.
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.--
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
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
Title Name
Auditor KPMG AG,
Residential
address: Zürich, Switzerland
Id:
CHE-106.084.881
Registered
since: 16.12.2002
Name: Stäubli Holding AG
City/Country: Pfäffikon SZ/SZ, Switzerland/CH
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)
It is
believed that the company has no investments.
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
Balance
sheet publication:
The
subject company does not publish financial figures.
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.
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.
There
are irregularities on record.
Debt
collection case:
AUG
2015: CHF 2'459.00
- The
VAT number - CHE-116.284.370 MWST - is the Group VAT number.
Financial Situation: The financial situation is in order.
Payment experiences: No Complaints
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 63.76 |
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1 |
INR 87.91 |
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Euro |
1 |
INR 78.20 |
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CHF |
1 |
INR 66.24 |
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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DIV |
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Report Prepared
by : |
NIT |
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.