MIRA INFORM REPORT

 

 

Report No. :

495563

Report Date :

07.03.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

INTERAG SA INTERNATIONAL AGRIBUSINESS PRODUCTS

 

 

Registered Office :

Plaza Cagancha 1356 Piso 1 Montevideo

 

 

Country :

Uruguay

 

 

Date of Incorporation :

22.10.2001

 

 

Legal Form :

Stock Company

 

 

Line of Business :

Importation, commercialization and sales of seed, agrochemicals, fertilizers, special nutrition, inoculants, agro-veterinary products, veterinary products, among others.

 

 

No. of Employees :

2

 

 

RATING & COMMENTS

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

 

MIRA’s Rating :

B

 

Credit Rating

Explanation

Rating Comments

B

Medium Risk

Business dealings permissible on a regular monitoring basis

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

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.

 

 

 

CONFIDENTIAL REPORT

 

COMPANY NAME

INTERAG SA INTERNATIONAL AGRIBUSINESS PRODUCTS

TAX ID. TYPE

RUT

TAX ID. NUMBER

214572370019

CURRENT STATUS

Active

MAIN ADDRESS

Plaza Cagancha 1356 Piso 1 

CITY/PROVINCE/STATE

Montevideo

PHONE NUMBER(S)

(598-2) 401.7360

EMAIL

esteban@agrotec.com.py

 

 

REMARKS ON IDENTIFICATION

No website was found.

This report was requested as: INTERAG INTERNATIONAL AGRIBUSINESS PRODUCTS SA. Be advised that the correct company is indicated above.

 

 

CREDIT OPINION

Given that further information on the company could not be gathered, we recommend conducting any operation by requesting for bank guarantees.

 

PAYMENT RECORDS

UNKNOWN

 

 

LEGAL INFORMATION

 

TYPE OF COMPANY

Stock Company

INCORPORATION DATE

22/10/2001

CITY OF REGISTRATION

Montevideo

REGISTRATION

Commercial Registration 13022 (19/12/2001), File 433367

TERM

100 years

INITIAL CAPITAL

Ps$1,500,000.00 Uruguayan Pesos

LISTED AT STOCK EXCHANGE

No

 

BACKGROUND. –

The company was established first as INSTERNEL SA. Then, by General Shareholder’s Meeting dated 19/07/2002, the company name was changed to the current one. This change was registered in the National Public Registry of Commerce under No. 6385 on 29/07/2002 and published in the Diario Oficial on 09/08/2002.

 

COMMENTS ON RELATED COMPANIES. –

The company is part of the Brazilian Group AGRIHOLD, which is comprised of the following companies:

 

 

RELATED COMPANIES

 

  COMPANY NAME

TAX ID. NUMBER

COUNTRY

AGROTEC SA

RUC 80020753-0

PARAGUAY

SOLARIS TECNOLOGIA AGRICOLA SA

 

PARAGUAY

ALTA-AMERICA LATINATECNOLOGIA AGRICOLA LTDA

 

BRAZIL

AGRIHOLD MANAGEMENTCORP

 

BAHAMAS

 

 

BOARD OF DIRECTORS, SENIOR EXECUTIVES AND SHAREHOLDERS

 

NAME

JOB TITLE

STAKE

PACCINI METO, JURANDIR

President

 

NEVES ZANCHET, RODRIGO

Director

 

NEVES ZANCHET, TULIO LUIZ

Director

 

BENITES, ROBERTO

Deputy Manager

 

 

 

OPERATIONS

 

SECTOR

G- Wholesale and Retail; repair of Motor Vehicles and Motorcycles

ACTIVITY

Importation of seeds

ISIC CATEGORY

46- Wholesale, except motor vehicles and motorcycles

ISIC CLASS

4620- Wholesale agricultural raw materials and live animals

MAIN ACTIVITY

Importation, commercialization and sales of seed, agrochemicals, fertilizers, special nutrition, inoculants, agro-veterinary products, veterinary products, among others.

 

Commercialized products: "PIONEER", "NIDERA", "MANAH","BASF", "PRODUQUIMICA".

 

% SALES IN CASH

20%

% SALES ON CREDIT

80% (terms at 240 days)

% FOREIGN SALES

100%

% FOREIGN PURCHASES

100%

N. OF EMPLOYEES

2

 

LOCATION. –

TAX DOMICILE: Located at caption address. It is an old building of 9 floors within a commercial area of the city and kept in good repair.

 

Former address: Av. Dr. Luis Alberto De Herrera No 1248, Edificio World Trade Center, Piso 12 Y 18, Torre B C.P. 11200, Montevideo.

 

COMMENTS ON OPERATIONS. –

The company imports from Brazil, USA, Israel, among other countries.

 

It exports to all the Mercosur bloc: Paraguay, Argentina and Brazil.

 

 

FINANCIAL INFORMATION

 

All the information comprised herein was gathered from outside sources since it was not possible to located any of the company’s main executives.

 

No financial figures could be obtained from outside sources.

 

 

PAYMENTS REFERENCES

           

FOREIGN SUPPLIERS

COUNTRY

PHONE NUMBER

CONTACT NAME

DUCOM TRADING LTD

Brazil

 

 

MOSAIC FERTILIZANTES DO BRASIL LTDA

Brazil

 

 

FERTILIZANTES FERTIPARDO PARANA LTDA

Brazil

 

 

INCOTEC LTDA

Brazil

 

 

NITRON GROUP CORPORATION

USA

 

 

PIONEER LTDA

Brazil

 

 

 

COMMENTS OF SUPPLIERS. –

Possible local suppliers consulted do not provide information on clients on ground of confidentiality.

 

 

BANK REFERENCES

 

Possible banks consulted do not provide information of its clients on grounds of confidentiality.

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 64.99

UK Pound

1

INR 89.91

Euro

1

INR 80.21

UYU

1

INR 2.29

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

NIY

 

 

Report Prepared by :

TRU

                                                


 

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.