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MIRA INFORM REPORT
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Report No. : |
493845 |
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Report Date : |
05.03.2018 |
IDENTIFICATION DETAILS
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Name : |
ABB SCHWEIZ AG |
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Registered Office : |
Brown Boveri Strasse 6, 5400 Baden/AG, Switzerland/CH |
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Country : |
Switzerland |
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Date of Incorporation : |
17.01.1990 |
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Com. Reg. No.: |
400.3.008.861-1 |
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Legal Form : |
Company
Limited by Shares |
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Line of Business : |
·
The company mainly focuses on the two core businesses energy and
automation technologies supplying systems and total solutions for utilities
and industrial enterprises. ·
The offering of the company contains: Aluminium Solutions, Automotive,
Buildings and Infrastructure, Cement Solutions, Chemical Solutions, Energy
Efficiency, Food and Beverage, Life Sciences Solutions, Marine Solutions,
Metals Solutions, Mining Solutions, OEM and Panel Builder Solutions, Oil and
Gas, Ports, Power Generation, Power T&D Solutions, Printing, Process
Automation, Pulp & Paper Solutions, Railway, Solar Power Solutions, Water
Industry, Wind Power Solutions. |
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No. of Employees : |
18 |
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+ |
Low Risk |
Business dealings permissible with low
risk of default |
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Status : |
Excellent |
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Payment Behaviour : |
Regular |
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Litigation : |
Exist |
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 (30.09.2017) |
Current Rating (31.12.2017) |
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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 2011-17.
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 |
Company name
ABB SCHWEIZ AG
Operating
address
Brown Boveri Strasse 6
5400 Baden/AG
Switzerland/CH
Telephone: +41 585850000
Fax: +41 585850100
Web site: http://www.abb.ch
E-mail: info@ch.abb.com
WIN No.: CH0000042009
VAT-No.: CHE-116.265.869 MWST
UID-No.: CHE101538426
Profile
Established: 1990
Line of
Business: Electro technology
Industry
Division: Manufacturing
Industry-code
(NACE): 2790 Manufacture of other electrical equipment
Import/Export: Import, Export
Quality
certification: ISO 9001
Banks: UBS Ltd
Operational Figures
Coverage: Group
Employees: 6,000-7,999
Sales: CHF 2-4 Bil
Branches: 18
Activity
The company
mainly focuses on the two core businesses energy and automation technologies
supplying systems and total solutions for utilities and industrial enterprises.
The
offering of the company contains: Aluminium Solutions, Automotive, Buildings
and Infrastructure, Cement Solutions, Chemical Solutions, Energy Efficiency,
Food and Beverage, Life Sciences Solutions, Marine Solutions, Metals Solutions,
Mining Solutions, OEM and Panel Builder Solutions, Oil and Gas, Ports, Power
Generation, Power T&D Solutions, Printing, Process Automation, Pulp &
Paper Solutions, Railway, Solar Power Solutions, Water Industry, Wind Power
Solutions.
Operations and Branches:
At the
address, Brown Boveri Strasse 6, 5400 Baden, Switzerland, we find office of the
company.
Real Estate
Real
Estate: The company owns extensive
property.
Company Register
Company No: 400.3.008.861-1
UID-No.: CHE101538426
Legal form: Company Limited by Shares
Registration: 17.01.1990
Legal
status: active
Responsible
Register: Handelsregister des Kantons Aargau
History: Date of Incorporation Statutes: 10.01.1990
Date of Statutes: 20.10.2015
Date of Statutes: 04.06.2007
Date of Statutes: 12.09.2003
Date of Statutes: 11.12.2001
Date of Statutes: 15.05.1998
Date of Statutes: 28.02.1994
Date of Statutes: 22.12.1993
Date of Statutes: 14.12.1992
Entry Deleted Name
19.12.2001 ABB Schweiz AG
19.12.2001 ABB Switzerland Ltd (Name
translated)
19.12.2001 ABB Suisse SA (Name
translated)
19.12.2001 ABB Industrie AG
Entry Deleted Legal
domicile
active Baden, Switzerland
Entry Deleted Address
19.12.2001 Brown Boveri Strasse 6, 5400 Baden/AG, Switzerland/CH
Entry Deleted Capital
active Share Capital CHF 55,000,000,
paid up CHF 55,000,000
Entry Deleted Capital
Structure
active 550,000 Registered shares of CHF
100.--
Entry Deleted Remarks
active Further Address/-es: Segelhof,
5405 Dättwil AG.
active Further Address/-es:
Fullachstrasse 150, 8201 Schaffhausen.
31.08.2016 Further Address/-es:
Affolternstrasse 44, 8050 Zürich.
14.06.2016 Merger: On 09.05.2016 the
company merged with ABB Technology AG, based in Zürich (CHE-102.176.685).
02.02.2016 Further Address/-es:
Aathalstrasse 90, 8610 Uster.
22.12.2015 Further Address/-es: Rue du
Grand-Pré 2a, 1007 Lausanne.
23.01.2015 Merger: On 19.11.2014 the
company merged with Newave Energy AG, based in Baden (CHE-108.417.999).
30.06.2014 Merger: On 09.05.2014 /
14.05.2014 the company merged with ABB Technology Ventures Ltd, based in Zürich
(CHE-115.379.944).
02.06.2014 Further Address/-es: Industriestrasse 34, 5314 Kleindöttingen.
03.08.2012 Further Address/-es:
Industriestrasse 44a, 5314 Kleindöttingen.
03.08.2012 Further Address/-es:
Kreuzweg 11, 5401 Baden.
29.05.2012 Merger: On 25.04.2012 the
company merged with Baldor Electric Switzerland AG, based in Feuerthalen
(CHE-107.923.047).
23.12.2009 Further Address/-es: Brühlstrasse 50, 5313 Klingnau.
23.12.2009 Further Address/-es: Kanalstrasse 12, 5313 Klingnau.
12.03.2009 Further Address/-es: Bruggerstrasse 72, 5401 Baden.
12.03.2009 Further Address/-es: Waldeggstrasse 76, 3097 Liebefeld.
12.03.2009 Further Address/-es: Brown
Boveri Platz 3, 5401 Baden.
05.01.2006 Merger: On 26.01.2006 the
company merged with ABB Insurance Brokers AG, based in Baden (CHE-106.740.202).
26.10.2004 Merger: On 21.10.2004 the
company merged with Levy fils AG, based in Basel (CHE-107.731.973).
17.06.2004 Merger: On 14.06.2004 the
company merged with Micafil AG, based in Zürich (CHE-107.362.143).
26.06.2003 Merger: On 20.06.2003 the
company merged with ABB New Ventures AG, based in Zürich.
10.06.2003 Merger: On 28.05.2003 the
company merged with SKYVA Schweiz AG, based in Hägendorf.
19.12.2002 Further Address/-es: Via
Boschina 5, 6963 Pregassona.
19.12.2002 Further Address/-es: Herbergstrasse 21, 9524 Zuzwil.
13.09.2002 Merger: On 20.08.2002 the
company merged with ENTRELEC SWISS SA, based in Belfaux.
19.12.2001 Further Address/-es:
Austrasse, 5300 Turgi.
19.12.2001 Further Address/-es:
Eduard-Imhofstrasse 4, Toro 2, 8050 Zürich.
19.12.2001 Further Address/-es: Badenerstrasse 790, 8048 Zürich.
19.12.2001 Merger: Jurastrasse 45, Bahnhof TH 10, 5430 Wettingen.
19.12.2001 Further Address/-es: Segelhof, 5405 Baden-Dättwil.
19.12.2001 Further Address/-es: Zentralstrasse, 5242 Birr.
19.12.2001 Further Address/-es: Badenerstrasse 780, 8048 Zürich.
19.12.2001 Further Address/-es: Brown
Boveri-Strasse 5, 8050 Zürich.
Official Administration
Title Name
President Duggan, Frank
Citizen: Ireland
Residential address: Dubai , United
Arab Emirates
joint signature of two
Registered since: 21.08.2017
Director Cotting, René
Citizen: Tentlingen, Switzerland
Residential address: Stäfa,
Switzerland
joint signature of two
Registered since: 17.01.2013
Director Lütolf, Remo
Citizen: Meggen, Switzerland
Residential address: Meggen,
Switzerland
Born: 29.03.1956
joint signature of two
Registered since: 20.12.2012
Director Perotti, Eric
Citizen: Val-de-Travers, Switzerland
Residential address: Stäfa,
Switzerland
joint signature of two
Registered since: 19.06.2017
Director Stephan, Volker
Citizen: Germany
Residential address: Feusisberg,
Switzerland
joint signature of two
Registered since: 23.12.2009
Management
Title Name
Director Thomassin, Roman
Citizen: Germany
Residential address: Zug,
Switzerland
joint signature of two
Registered since: 19.12.2001
Member with
signing authority Aebersold, Lorenz
Citizen: Basel, Switzerland
Residential address: Aarau/AG,
Switzerland
joint signature of two
Registered since: 13.01.2009
Member with
signing authority Akanji, Abimbola
Citizen: Bussnang, Switzerland
Residential address: Wiesendangen,
Switzerland
joint signature of two
Registered since: 13.07.2016
Member with
signing authority Albrecht Rhomberg, Oliver
Citizen: Mels, St. Gallen,
Switzerland
Residential address: 8000 Zürich/ZH,
Switzerland
joint signature of two
Registered since: 10.07.2009
Member with
signing authority Aufdereggen, Stephan
Citizen: Obergoms, Switzerland
Residential address: Chandolin-près-Savièse,
Switzerland
joint signature of two
Registered since: 06.02.2014
Member with
signing authority Berger, Hansjörg
Citizen: Germany
Residential address: Wallisellen,
Switzerland
joint signature of two
Registered since: 16.06.2016
Member with
signing authority Berger, Oliver
Citizen: Germany
Residential address: Erlenbach/ZH,
Switzerland
joint signature of two
Registered since: 23.04.2015
Member with
signing authority Bernauer, Jürgen
Citizen: Germany
Residential address: Embrach,
Switzerland
joint signature of two
Registered since: 04.08.2008
Member with
signing authority Blauenstein, Oliver
Citizen: Basel, Switzerland
Residential address: Zürich/ZH,
Switzerland
joint signature of two
Registered since: 14.07.2014
Member with
signing authority Bolliger, Mathias
Citizen: Gontenschwil, Switzerland
Residential address: Wohlenschwil, Switzerland
joint signature of two
Registered since: 20.10.2014
Member with
signing authority Dewar, Stephen
Citizen: United Kingdom
Residential address: Aarau,
Switzerland
joint signature of two
Registered since: 03.09.2015
Member with
signing authority Drinovac, Marijo
Citizen: Wallisellen, Switzerland
Residential address: Embrach,
Switzerland
joint signature of two
Registered since: 06.02.2014
Member with
signing authority Eberle, Thomas
Christoph
Citizen: Flums, Switzerland
Residential address: Regensberg,
Switzerland
joint signature of two
Registered since: 16.06.2016
Member with
signing authority Eckert, Arthur
Citizen: Hornussen, Switzerland
Residential address: Frick,
Switzerland
Born: 07.01.1960
joint signature of two
Registered since: 17.01.2013
Member with
signing authority Egli, Elisabeth
Citizen: Zürich, Switzerland
Residential address: Baden,
Switzerland
joint signature of two
Registered since: 13.07.2016
Member with
signing authority Esterhuizen, Frederik
Citizen: South Africa
Residential address: Neuenhof,
Switzerland
joint signature of two
Registered since: 07.11.2014
Member with
signing authority Fach, Alexander
Citizen: Germany
Residential address: Boppelsen,
Switzerland
joint signature of two
Registered since: 27.11.2012
Member with
signing authority Felber, Wolfgang
Citizen: Bözberg, Switzerland
Residential address: 5023
Biberstein/AG, Switzerland
Born: 12.06.1962
joint signature of two
Registered since: 04.03.2010
Member with
signing authority Fischer, Adrian
Citizen: Willisau, Switzerland
Residential address: Remetschwil,
Switzerland
joint signature of two
Registered since: 22.08.2016
Member with
signing authority Fischer, Michael
Citizen: Germany
Residential address: Baden,
Switzerland
joint signature of two
Registered since: 03.09.2015
Member with
signing authority Gribi, Urs Erwin
Citizen: Lengnau BE, Switzerland
Residential address: 5452
Oberrohrdorf/AG, Switzerland
joint signature of two
Registered since: 27.07.2011
Member with
signing authority Gschwend, Roger
Citizen: Altstätten, Switzerland
Residential address: Bassersdorf,
Switzerland
joint signature of two
Registered since: 27.11.2012
Member with
signing authority Haeusermann, Georges
Citizen: Egliswil, Switzerland
Residential address: 5405
Dättwil/AG, Switzerland
joint signature of two
Registered since: 10.07.2009
Member with
signing authority Hansen, Peter
Citizen: Denmark
Residential address: 5234
Villigen/AG, Switzerland
Born: 20.05.1961
joint signature of two
Registered since: 29.04.2009
Member with
signing authority Hatt, Stefan
Citizen: Schaffhausen, Switzerland
Residential address: Wettingen,
Switzerland
joint signature of two
Registered since: 22.12.2015
Member with
signing authority Hengartner, Lukas
Citizen: Waldkirch, Switzerland
Residential address: Zollikon,
Switzerland
joint signature of two
Registered since: 28.10.2015
Member with
signing authority Hepp, Harald
Citizen: Zürich, Switzerland
Residential address: Zürich,
Switzerland
joint signature of two
Registered since: 03.09.2015
Member with
signing authority Hunjet-Moison, Petra
Citizen: France
Residential address: Ehrendingen,
Switzerland
joint signature of two
Registered since: 22.12.2015
Member with
signing authority Husain, Bazmi Rizwan
Citizen: India
Residential address: Zürich,
Switzerland
joint signature of two
Registered since: 16.06.2016
Member with
signing authority Ingold, Dr. Mathias
Citizen: Germany
Residential address: 8103
Unterengstringen/ZH, Switzerland
Born: 14.08.1961
joint signature of two
Registered since: 19.12.2001
Member with
signing authority Jordan, Thorsten
Citizen: Germany
Residential address:
Waldshut-Tiengen, Germany
joint signature of two
Registered since: 13.07.2016
Member with
signing authority Kara, Alexander
Lothar
Citizen: Sissach, Switzerland
Residential address: Sissach,
Switzerland
joint signature of two
Registered since: 05.01.2017
Member with
signing authority Keller, Edgar
Citizen: Germany
Residential address:
Stühlingen/Mauchen, Germany
joint signature of two
Registered since: 10.07.2009
Member with
signing authority Koch, Andreas
Citizen: Villmergen, Switzerland
Residential address: 5620
Bremgarten/AG, Switzerland
joint signature of two
Registered since: 10.07.2009
Member with
signing authority Köhn, Paul Volker
Citizen: Germany
Residential address: Zürich,
Switzerland
joint signature of two
Registered since: 01.05.2015
Member with
signing authority Krafft, Gabrielle
Citizen: Vevey, Switzerland
Residential address: Zürich,
Switzerland
Born: 15.11.1967
joint signature of two
Registered since: 06.01.2012
Member with
signing authority Küng, Moritz
Citizen: Wangenhausen, Switzerland
Residential address: Brugg/AG,
Switzerland
Born: 10.02.1960
joint signature of two
Registered since: 19.12.2001
Member with
signing authority Lareida, Monica
Citizen: Cazis, Switzerland
Residential address: Horgen,
Switzerland
joint signature of two
Registered since: 22.12.2015
Member with
signing authority Lehner, Philipp
Citizen: Rorschacherberg,
Switzerland
Residential address: 8000 Zürich/ZH,
Switzerland
joint signature of two
Registered since: 20.01.2011
Member with
signing authority Looser, Daniel
Citizen: Nesslau, Switzerland
Residential address: Starrkirch-Wil,
Switzerland
joint signature of two
Registered since: 06.04.2016
Member with
signing authority Luedtke, Max Dirk Tomas
Citizen: Sweden
Residential address: Kilchberg/ZH,
Switzerland
joint signature of two
Registered since: 07.11.2014
Member with
signing authority Martin, John
Citizen: South Africa
Residential address: Wädenswil,
Switzerland
joint signature of two
Registered since: 15.08.2012
Member with
signing authority Müller, Daniel Micha
Citizen: Oberkulm, Switzerland
Residential address: Zürich,
Switzerland
joint signature of two
Registered since: 16.06.2016
Member with
signing authority Müntener, Christian
Citizen: Sevelen, Switzerland
Residential address: 5436
Würenlos/AG, Switzerland
joint signature of two
Registered since: 01.05.2015
Member with
signing authority Neeser, Daniel
Citizen: Adliswil, Switzerland
Residential address: Thalwil,
Switzerland
Born: 08.06.1962
joint signature of two
Registered since: 17.09.2003
Member with
signing authority Nolte, Judith
Citizen: Germany
Residential address: Killwangen,
Switzerland
joint signature of two
Registered since: 22.12.2015
Member with
signing authority Ramseier, Stefan
Citizen: Luzern, Switzerland
Residential address: Obersiggenthal,
Switzerland
joint signature of two
Registered since: 02.06.2014
Member with
signing authority Roth, Ernst
Citizen: Ebnat-Kappel, Switzerland
Residential address: Freienwil,
Switzerland
joint signature of two
Registered since: 15.08.2012
Member with
signing authority Rothenbühler, Adrian
Citizen: Oberdorf SO, Switzerland
Residential address: Küttigen,
Switzerland
joint signature of two
Registered since: 25.10.2011
Member with
signing authority Rowlands, Jacqueline
Citizen: United Kingdom
Residential address: 5417
Untersiggenthal/AG, Switzerland
joint signature of two
Registered since: 05.01.2006
Member with
signing authority Rubinic, Natascia
Citizen: Italy
Residential address: Kilchberg /ZH,
Switzerland
joint signature of two
Registered since: 25.09.2014
Member with
signing authority Schärer, André
Citizen: Möriken-Wildegg,
Switzerland
Residential address:
Möriken-Wildegg, Switzerland
joint signature of two
Registered since: 04.12.2014
Member with
signing authority Scharrer, Alexander
Citizen: Germany
Residential address: Küssaberg,
Germany
joint signature of two
Registered since: 27.06.2008
Member with
signing authority Scrugli, Federico
Citizen: Italy
Residential address: 5436
Würenlos/AG, Switzerland
Born: 26.07.1958
joint signature of two
Registered since: 13.03.2002
Member with
signing authority Sigl, Dominique
Citizen: Basel, Arbon, Switzerland
Residential address: Zürich/ZH,
Switzerland
joint signature of two
Registered since: 09.03.2006
Member with
signing authority Stauffiger, Helen
Citizen: Zürich, Switzerland
Residential address: Oberlunkhofen,
Switzerland
joint signature of two
Registered since: 27.11.2012
Member with
signing authority Stirnimann,
Bernadette
Citizen: Urdorf, Switzerland
Residential address: Zürich/ZH,
Switzerland
Born: 12.06.1969
joint signature of two
Registered since: 10.04.2008
Member with
signing authority Stumm, Daniel
Citizen: Germany
Residential address: Gebenstorf,
Switzerland
joint signature of two
Registered since: 13.07.2016
Member with
signing authority Vidale, Roland
Citizen: Lützelflüh, Switzerland
Residential address: Uster,
Switzerland
joint signature of two
Registered since: 22.12.2015
Member with
signing authority Wentzler, Frank
Citizen: Germany
Residential address: Eschenz,
Switzerland
Born: 17.08.1960
joint signature of two
Registered since: 13.03.2002
Member with
signing authority Wernli, Jonas
Citizen: Thalheim (AG), Switzerland
Residential address: Baden,
Switzerland
joint signature of two
Registered since: 03.09.2015
Member with
signing authority Wüthrich, Max
Citizen: Trub, Switzerland
Residential address: Risch, Switzerland
joint signature of two
Registered since: 13.03.2002
Member with
signing authority Zeidler, Daniel
Citizen: Arlesheim, Switzerland
Residential address: Kesswil,
Switzerland
joint signature of two
Registered since: 25.10.2011
Member with
signing authority Ziegler, Armin
Citizen: Germany
Residential address: Biberstein,
Switzerland
joint signature of two
Registered since: 25.09.2014
Member with
signing authority Zingg, Marc André
Citizen: Bürglen TG, Switzerland
Residential address: Alberswil,
Switzerland
joint signature of two
Registered since: 01.05.2015
Member with
procuration Bernath, Marianne
Citizen: Thayngen, Switzerland
Residential address: Thayngen,
Switzerland
joint power of attorney of two
Registered since: 19.12.2001
Member with
procuration Forster, Thomas
Citizen: Hauptwil-Gottshaus,
Switzerland
Residential address: Widnau,
Switzerland
joint power of attorney of two
Registered since: 19.12.2001
Member with
procuration Nachbur, Peter
Citizen: Basel, Switzerland
Residential address: Muri bei Bern,
Switzerland
joint power of attorney of two
Registered since: 19.12.2001
Member with
procuration Sernatinger, Rainer
Citizen: Germany
Residential address: Singen, Germany
joint power of attorney of two
Registered since: 19.12.2001
External Positions
Title Name
Auditor Ernst & Young AG,
Residential address: Zürich,
Switzerland
Id: CHE-491.907.686
Registered since: 17.09.2003
Ultimate Parent Company
Name: ABB Ltd
City/Country: Zürich/ZH, Switzerland/CH
Direct owner/-s
No. of
owner/-s: 1
Owner: The company is domestic owned.
Class: 100%, directly held
Name: ABB Ltd
City/Country: Zürich/ZH, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Investments
Class: 100%, directly held
Name: ABB Finanz AG
City/Country: Zürich/ZH, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: ABB Immobilien AG
City/Country: Baden/AG, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: ABB Information Systems AG
City/Country: Zürich/ZH, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: ABB Intra AG
City/Country: Baden/AG, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: ABB Management Services AG
City/Country: Zürich/ZH, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: ABB Power Protection SA
City/Country: Quartino/TI, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: ABB Research Ltd
City/Country: Zürich/ZH, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: ABB Sécheron SA
City/Country: Satigny/GE, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: ABB Turbo Systems Holding AG
City/Country: Baden/AG, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: ABB Verwaltungs AG
City/Country: Zürich/ZH, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: PMA U.K. Limited
City/Country: Andover, Hants/Hampshire, United Kingdom/GB
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Quant Sweden Holding AB
City/Country: Stockholm, Sweden/SE
Interest: 100,00% voting right, 100,00%
capital interest
Class: 100%, directly held
Name: Trasfor SA
City/Country: Molinazzo di Monteggio/TI, Switzerland/CH
Interest: 100,00% voting right, 100,00%
capital interest (since 11.07.2011)
Class: 50-100%, directly held
Name: NEWAVE ENERGY INDIA PRIVATE LIMITED
City/Country: Mumbai City/Maharashtra, India/IN
Interest: 80,00% voting right, 80,00% capital
interest
Class: 50-100%, directly held
Name: Newave Italia S.r.l.
City/Country: Roma, Italy/IT
Interest: 80,00% voting right, 80,00% capital
interest
Class: 50-100%, directly held
Name: NEWAVE ENERGY HONG KONG LIMITED
City/Country: Hong Kong/HK
Interest: 60,00% voting right, 60,00% capital
interest
Class: 0-9%, directly held
Name: REFUNA AG
City/Country: Döttingen/AG, Switzerland/CH
No. of
shares: 145
Interest: 8,06% voting right, 8,06% capital
interest
Sisters
Name: ABB Asea Brown Boveri Ltd
City/Country: Zürich/ZH, Switzerland/CH
Name: ABB Technology AG
City/Country: Zürich/ZH, Switzerland/CH
Name: ABB Technology Ventures Ltd
City/Country: Zürich/ZH, Switzerland/CH
Name: Agence Mauritanienne d'Assistance aux
Missions Sarl
City/Country: Nouakchott, Mauritania/MR
Name: Power-One, Inc.
City/Country: Camarillo/California, United States of
America/US
Financial Data ABB Schweiz AG
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 31.12.2015 31.12.2014 31.12.2013 31.12.2012 31.12.2011
Number of months: 12 12 12 12 12
Currency: mil.
CHF mil. CHF mil. CHF mil. CHF mil.
CHF
Operating revenue 3,180.0 3,411.0 3,551.0 3,520.0 3,571.0
Capital 55.0 55.0 55.0 55.0 55.0
Research and Development 267.0 270.0 293.0 412.0
Orders received 3,040.0 3,483.0 3,328.0 3,280.0 3,368.0
Employees at
year end 6,350 6,640 6,966 6,949 6,647
Financial Data ABB Ltd
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 31.12.2017 31.12.2016 31.12.2015 31.12.2014 31.12.2013
Number of months: 12 12 12 12 12
Currency: mil.
USD mil.
USD mil. USD mil. USD mil.
USD
Statement norm: US-GAAP US-GAAP US-GAAP US-GAAP US-GAAP
Balance Sheet
Intangible fixed assets 13,821.0 11,497.0 12,008.0 12,755.0 13,967.0
Land and buildings 4,282.0
Other tangible fixed assets 1,081.0
Tangible fixed assets 5,363.0 4,743.0 5,276.0 5,652.0 6,254.0
Financial fixed assets 158.0 260.0 178.0 177.0 197.0
other fixed assets 1,981.0 1,059.0 1,134.0 1,308.0 1,221.0
Fixed assets 21,323.0 17,559.0 18,596.0 19,892.0 21,639.0
Stocks 5,059.0 4,347.0 4,757.0 5,376.0 6,004.0
Trade accounts receivable 10,416.0 6,979.0 10,061.0 11,078.0 12,146.0
Cash & Cash Equivalents 4,526.0 3,644.0 4,565.0 5,443.0 6,021.0
Securities 1,102.0 1,953.0 1,633.0 1,325.0 464.0
other trade accounts 647.0 4,841.0 1,519.0 1,546.0 1,538.0
Accruals 189.0 176.0 225.0 218.0 252.0
Other current assets 6,464.0 10,614.0 7,942.0 8,532.0 8,275.0
Current assets 21,939.0 21,940.0 22,760.0 24,986.0 26,425.0
Total assets 43,262.0 39,499.0 41,356.0 44,878.0 48,064.0
Capital 217.0 216.0 1,444.0 1,777.0 1,750.0
Other shareholders funds 14,602.0 13,179.0 13,037.0 14,492.0 16,928.0
Total shareholders equity 14,819.0 13,395.0 14,481.0 16,269.0 18,678.0
Minority interests 530.0 502.0 507.0 546.0 530.0
long term debt (financial debts) 6,709.0 5,800.0 5,985.0 7,338.0 7,570.0
Provisions 1,882.0 1,834.0 2,394.0 2,904.0
Other non current liabilities 3,049.0 2,561.0 4,539.0 2,751.0 1,707.0
Non current liabilities 11,640.0 10,195.0 10,524.0 12,483.0 12,181.0
short term debt (financial debts) 738.0 1,003.0 1,454.0 353.0 453.0
Trade accounts payable 5,419.0 4,446.0 5,717.0 6,220.0 6,826.0
Provisions 3,113.0 4,636.0 1,089.0 2,837.0 3,333.0
Accruals 686.0 1,920.0 955.0 1,090.0
other accounts payable 7,003.0 4,636.0 5,664.0 5,215.0 4,973.0
other current liabilities 10,116.0 9,958.0 8,673.0 9,007.0 9,396.0
Current liabilities 16,273.0 15,407.0 15,844.0 15,580.0 16,675.0
Shareh. equity, min. int. & liabilities 43,262.0 39,499.0 41,356.0 44,878.0 48,064.0
Profit and loss account
Sales 34,312.0
Net sales 34,312.0 33,828.0 35,481.0 39,830.0 41,848.0
Other operating revenue 140.0 529.0 0.0
Operating revenue 34,452.0 33,828.0 35,481.0 40,359.0 41,848.0
Cost of goods sold 24,046.0 24,081.0 25,347.0 28,615.0 29,856.0
Gross profit 10,406.0 9,747.0 10,134.0 11,744.0 11,992.0
Other operating expenses 6,972.0 6,760.0 7,085.0 7,566.0 7,605.0
Operating result 3,434.0 2,987.0 3,049.0 4,178.0 4,387.0
Interest revenues 74.0 73.0 77.0 80.0 69.0
Financial income 74.0 73.0 77.0 80.0 69.0
Interest expenses 277.0 261.0 286.0 362.0 390.0
Financial expenses 277.0 261.0 286.0 362.0 390.0
Financial result -203.0 -188.0 -209.0 -282.0 -321.0
Result before extraordinary items 3,231.0 2,799.0 2,840.0 3,896.0 4,066.0
Extraordinary income 16.0 3.0 24.0
Extraordinary expenses 6.0 37.0
Extraordinary Result -6.0 16.0 3.0 24.0 -37.0
Result before taxes 3,225.0 2,815.0 2,843.0 3,920.0 4,029.0
Taxes 860.0 781.0 788.0 1,202.0 1,122.0
Result before minority interests 2,365.0 2,034.0 2,055.0 2,718.0 2,907.0
minority interests 152.0 135.0 122.0 124.0 120.0
Result for the financial year 2,213.0 1,899.0 1,933.0 2,594.0 2,787.0
Cash flow
Depreciation 1,101.0 1,135.0 1,160.0 1,305.0 1,318.0
Cash flow 3,314.0 3,169.0 3,215.0 4,023.0 4,225.0
Cash flow from operating activities 3,799.0 3,843.0 3,818.0 3,845.0 3,653.0
Investments in tangible fixed assets 949.0 831.0 876.0 1,026.0 1,106.0
Cash flow from investing activities -1,450.0 -1,305.0 -974.0 -1,121.0 -717.0
Cash flow from financing activities -1,735.0 -3,355.0 -3,380.0 -3,024.0 -3,856.0
Others 268.0 -104.0 -342.0 -278.0 66.0
Change in liquidity 882.0 -921.0 -878.0 -578.0 -854.0
Liquidity at beginning of the year 3,644.0 4,565.0 5,443.0 6,021.0 6,875.0
Liquidity at end of the year 4,526.0 3,644.0 4,565.0 5,443.0 6,021.0
Notes
Research and Development 1,300.0 1,406.0 1,499.0 1,470.0
Orders received 33,379.0 36,429.0 41,515.0 38,896.0
Added value 4,603.0 4,211.0 4,289.0 5,587.0 5,737.0
Working Capital 10,056.0 6,880.0 9,101.0 10,234.0 11,324.0
Net Current Assets 5,666.0 6,533.0 6,916.0 9,406.0 9,750.0
Sales per Employee 0.3 0.3 0.3 0.3 0.3
Market capitalisation 39,000.0 48,000.0 54,000.0
Gross cost land and buildings 4,282.0 3,786.0 4,003.0 4,142.0 4,478.0
Gross cost other tangible fixed assets 9,036.0 7,883.0 8,113.0 8,415.0 8,903.0
Gross cost total 13,318.0 11,669.0 12,116.0 12,557.0 13,381.0
Employees at
year end 134,800 132,300 135,800 140,400 147,700
Financials
- Since 2016 the
company doesn't publish key figures.
Legal Actions
Control date Year No. Amount CHF Status
17.11.2015 2015 2 1,617.-- Opposition filed
31.12.2014 2014 1 58.-- Paid legal actions
31.12.2014 2014 2 37,755.-- Opposition filed
31.12.2013 2013 1 257,688.-- Opposition filed
31.12.2012 2012 1 89.-- Opposition filed
31.12.2011 2011 0 Legal
actions
31.12.2010 2010 0 Legal
actions
31.12.2009 2009 2 8,001,162.-- Opposition filed
09.01.2006 2006 1 250,000.-- Opposition filed
31.12.2005 2005 1 776.-- Closed legal actions
31.12.2005 2005 2 706,782.-- Opposition filed
31.12.2004 2004 1 456,782.-- Opposition filed
31.12.2003 2003 3 1,977,772.-- Opposition filed
Official bankruptcy
reports:
No bankruptcy
publications available on the subject.
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
Debt collection
case:
JAN 2015: CHF 40.00, paid.
OCT 2014: CHF 52.00, in process
MAY 2014: CHF 125.00, last reminder.
MAR 2014: CHF 375.00, paid.
MAR 2014: CHF 234.00, paid.
MAR 2014: CHF 72.00, booked up.
MAR 2014: CHF 102.00, booked up.
FEB 2014: CHF
1'200.00, paid.
FEB 2014: CHF 112.00, booked up.
JAN 2014: CHF 180.00, paid.
SEP 2013: CHF
9'770.00, last reminder.
APR 2013: CHF 149.00, last reminder.
JAN 2013: CHF 253.00, paid.
JAN 2013: CHF 52.00, paid.
JUN 2012: CHF 317.00.
JUL 2010: CHF 30.00, paid.
Remarks
- The VAT number -
CHE-116.265.869 MWST - is the Group VAT number.
Credit Information
Financial Situation: The financial situation is considered to be very good.
Payment experiences: Regular.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.22 |
|
|
1 |
INR 89.71 |
|
Euro |
1 |
INR 79.50 |
|
CHF |
1 |
INR 69.43 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
|
|
|
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.