MIRA INFORM REPORT

Report No. :	494942
Report Date :	05.03.2018

IDENTIFICATION DETAILS

Name :	OOO MARKET
Registered Office :	Strelnikova Street 3A, Office 05, Primorskiy Region, 690065 Vladivostok
Country :	Russia
Date of Incorporation :	04.07.2012
Com. Reg. No.:	OGRN 1122543010501
Legal Form :	Limited Liability Company
Line of Business :	Trading as importers, wholesalers and re-exporters of foodstuff, fresh fruits and vegetables, frozen fish, kitchen equipment and tyres. Subject also provides cargo handling services.
No. of Employees :	5

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd 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 :	Slow but correct
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 (30.09.2017)	Current Rating (31.12.2017)
Russia	A2	A2

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

RUSSIA - ECONOMIC OVERVIEW

Russia has undergone significant changes since the collapse of the Soviet Union, moving from a centrally planned economy towards a more market-based system. Both economic growth and reform have stalled in recent years, however, and Russia remains a predominantly statist economy with a high concentration of wealth in officials' hands. Economic reforms in the 1990s privatized most industry, with notable exceptions in the energy, transportation, banking, and defense-related sectors. The protection of property rights is still weak, and the state continues to interfere in the free operation of the private sector.

Russia is one of the world's leading producers of oil and natural gas, and is also a top exporter of metals such as steel and primary aluminum. Russia is heavily dependent on the movement of world commodity prices as reliance on commodity exports makes it vulnerable to boom and bust cycles that follow the volatile swings in global prices. The economy, which had averaged 7% growth during the 1998-2008 period as oil prices rose rapidly, has seen diminishing growth rates since then due to the exhaustion of Russia’s commodity-based growth model.

A combination of falling oil prices, international sanctions, and structural limitations pushed Russia into a deep recession in 2015, with GDP falling by close by 2.8%. The downturn continued through 2016, with GDP contracting another 0.2%, but was reversed in 2017 as world demand picked up. Government support for import substitution has increased recently in an effort to diversify the economy away from extractive industries.

Source : CIA

BRIEF SUMMARY
COMPANY NAME	OOO MARKET
ADDRESS	Building	Street			Area			PO Box
	N/A	Strelnikova Street 3a, Office 05			Primorskiy Region			690065 Vladivostok
TEL/FAX	Verified Phones: (+7 423) 249 5542 / (+7 914) 790 1280 (Managing Director) / (+7 914) 086 6149
EMAIL/WEBSITE	Email: knavi@bk.ru / Website: www.knavi.ru
ACTIVITY	NACE 4638 - Wholesale of other food, including fish, crustaceans and molluscs; NACE 4617 - Agents involved in the sale of food, beverages and tobacco; NACE 4631 - Wholesale of fruit and vegetables; NACE 5224 - Cargo handling;
PRINCIPAL	Andrey Anotelievich Kapustin					Workforce
	Managing Director					5
LEGAL INFO	Date Of Est.		Reg. No.	Legal Form			Status
	04/07/2012		OGRN 1122543010501	LLC			Active
CAPITAL	CURRENCY			AMOUNT
	RUBLE (RUB)			15,000
OPINION ON MAX CREDIT	CURRENCY			AMOUNT
	RUBLE (RUB)			1,100,000

IDENTIFICATION
CO. NAME	OOO Market
ENQUIRED NAME	MARKET CO. LTD.
ALSO KNOWN NAME (S)	MARKET LTD / MARKET CO. LTD
STREET	Strelnikova Street 3a, Office 05
AREA	Primorskiy Region
POSTAL ADDRESS	690065 Vladivostok
CITY	Vladivostok
COUNTRY	Russia
TELEPHONE	(+7 423) 249 5542 / (+7 914) 790 1280 (Managing Director) / (+7 914) 086 6149
FAX	(+7 423) 249 5542
VERIFIED EMAIL	knavi@bk.ru / knavitop@gmail.com
WEBSITE	www.knavi.ru
BUSINESS HOURS	DAYS	OFFICE HOURS	BREAK TIME
	Mon-Fri	09:00-18:00	13:00-14:00
REGISTERED ADDRESS	Strelnikova Street 3a, Office 05, Primorskiy Region, 690065 Vladivostok, Russia

SENIOR PERSONNEL
MANAGEMENT	NAME	POSITION
	Andrey Anotelievich Kapustin	Managing Director
WORKFORCE	NO. OF EMPLOYEES	PERIOD
	5	01.2018
	30 (subject and its affiliates)	01.2018

FINANCIAL SUMMARY
REVENUE	31/12/2017	31/12/2018 (Projected)
	RUBLE 50,000,000	RUBLE 50,000,000
NET PROFIT / (LOSS)	Not given but stated to profitable

LEGAL STATUS
INCORPORATION	04/07/2012
REGISTRATION NO.	C.R. NUMBER	ISSUED BY
	OGRN 1122543010501	Federal Tax Service
OTHER REGISTRATION NO.	INN 2543009458 (Tax Code) / KPP 254001001 / OKPO 10231634 (Statistics Code) / OKTMO 05701000001
AUTHORISED CAPITAL	AMOUNT	CURRENCY
	15,000	RUBLE
PAID-UP CAPITAL	AMOUNT	CURRENCY
	15,000	RUBLE
LEGAL FORM	Limited Liability Company
BUSINESS HISTORY	The company was incorporated in Russia on 4 July 2012, however its origins of business activities can be traced back to 2009.
STATUS	Active
SHAREHOLDERS	NAME	PERCENTAGE
	Andrey Anotelievich Kapustin Nationality: Russian Tax Code: INN 253903724769	100.00%

OPERATION
BANKERS	1. PAO Dalnevostochniy Bank (Far Eastern Bank) Verkhneportovaya Street 27a Vladivostok 690990 Russia Telephone: (+7 423) 251 6423 Fax : (+7 423) 251 6423 2. AKB Bank of China (Elos) Verkhneportovaya Street 44A Vladivostok 690003 Russia Telephone: (+7 423) 202 2531 Fax : (+7 423) 202 2533
ACTIVITY CODE (NACE)	4638 - Wholesale of other food, including fish, crustaceans and molluscs; 4617 - Agents involved in the sale of food, beverages and tobacco; 4631 - Wholesale of fruit and vegetables; 5224 - Cargo handling;
LINE OF BUSINESS	Trading as importers, wholesalers and re-exporters of foodstuff, fresh fruits and vegetables, frozen fish, kitchen equipment and tyres. Subject also provides cargo handling services.
IMPORT FROM	China, African countries, Pakistan, India, Syria, Australia, New Zealand, South Africa and South Korea.
EXPORT TO	Australia, South Korea and China.
FACILITIES	Owned premises comprising administrative offices located at the heading address.
RELATED COMPANIES	A member of Knavi Group of Companies, which also includes the following companies: Associates 1. OOO Kastom Navigator Strelnikova Street 3a, Office 04 Primorskiy Region 690065 Vladivostok Russia Est.: 13/10/2009 C.R. No.: OGRN 1092540005909 Tax Code: INN 2540157070 Sole Shareholder: Andrey Anotelievich Kapustin 2. OOO Knavi Strelnikova Street 3a, Office 07/08/09 Primorskiy Region 690065 Vladivostok Russia Est.: 11/10/2013 C.R. No.: OGRN 1132540009436 Tax Code: INN 2540195894 Sole Shareholder: Andrey Anotelievich Kapustin 3. OOO Knavi-Group Strelnikova Street 3a, Office 06 Primorskiy Region 690065 Vladivostok Russia Est.: 04/07/2012 C.R. No.: OGRN 1122543010490 Tax Code: INN 2543009472 Sole Shareholder: Andrey Anotelievich Kapustin

PAYMENT RECORDS
CREDIT OPINION	We consider it is acceptable to deal with subject for SMALL amounts.
FINANCIAL STRENGTH	Normal
EMPLOYEE RANGE	ER7

SPECIAL REMARKS
INTERVIEWED	Andrey Anotelievich Kapustin (Managing Director).
COMMENTS	You enquired on: Market CO. LTD. Please note that this name applies to an English translation of the subject’s name. Subject’s correct registered name is as per heading. The phone number which you provided: 89241210070 applies to former mobile number of Mr. Andrey Anotelievich Kapustin (subject’s Managing Director). Please note that Mr. Andrey Anotelievich Kapustin’s new mobile number is (+7 914) 790 1280.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 65.22
UK Pound	1	INR 89.71
Euro	1	INR 79.50
RUB	1	INR 1.14

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)

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