3decades

MIRA INFORM REPORT

Report No. :	496829
Report Date :	09.03.2018

IDENTIFICATION DETAILS

Name :	BIESSE S.P.A

Registered Office :	Via Della Meccanica, 16, 61122 - Pesaro(PS)-IT

Country :	Italy

Financials (as on) :	31.12.2016

Date of Incorporation :	27.02.1970

Legal Form :	Joint Stock Company

Line of Business :	· Manufacture of metal forming machinery · Manufacture of other machine tools

No. of Employees :	More than 1500

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+	Low Risk	Business dealings permissible with low risk of default

Status :	Good

Payment Behaviour :	Regular

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)

Italy

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

ITALY - ECONOMIC OVERVIEW

Italy’s economy compromises a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, with a legacy of unemployment and underdevelopment. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors.

Italy is the third-largest economy in the euro zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, reaching 131% of GDP in 2017. Investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era records. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's longstanding structural economic problems, including labor market inefficiencies, a sluggish judicial system, and a weak banking sector. Italy’s economy returned to modest growth in late 2014 for the first time since 2011. In 2015-16, Italy’s economy grew at about 1% each year, and in 2017 growth accelerated to 1.5% of GDP. In 2017, overall unemployment was 11.4%, but youth unemployment remained high at 37.1%.

Source : CIA

COMPANY NAME AND ADDRESS

Biesse S.p.a.

Via

Della Meccanica,

61122

- Pesaro

(PS)

-IT-

Summary

Fiscal Code	:	00113220412
Legal Form	:	Joint stock company
start of Activities	:	27/02/1970
Equity	:	Over 2.582.254
Turnover Range	:	over 129.114.224
Number of Employees	:	more than 1500
Group	:	BIESSE

Activity

Manufacture of metal forming machinery

Manufacture of other machine tools

Legal Data

Legal Form : Joint stock company

Fiscal Code : 00113220412

Foreign Trade Reg. no. : PS000605 since 18/02/1992

Chamber of Commerce no. : 340931 of Bergamo

Chamber of Commerce no. : 313083 of Como

Chamber of Commerce no. : 1659612 of Monza e Brianza

Chamber of Commerce no. : 1659612 of Milano

Chamber of Commerce no. : 56612 of Pesaro since 15/05/1970

Chamber of Commerce no. : 173640 of Ravenna

Chamber of Commerce no. : 286756 of Rimini

Chamber of Commerce no. : 313370 of Rimini

Chamber of Commerce no. : 283459 of Treviso

Chamber of Commerce no. : 348137 of Vicenza

Chamber of Commerce no. : 375560 of Vicenza

Firms' Register : PS044-1682 of Pesaro since 19/02/1996

V.A.T. Code : 00113220412

Foundation date	: 27/02/1970
Establishment date	: 27/02/1970
Start of Activities	: 27/02/1970
Legal duration	: 31/12/2075
Nominal Capital	: 27.393.042
Subscribed Capital	: 27.393.042
Paid up Capital	: 27.393.042

The Company is registered at the Stock Exchange of:

- Milano

Legal mail :

BIESSESPA@LEGALMAIL.IT

Members

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Selci

Roberto

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Pesaro

(PS)

on 18/04/1960

- Fiscal Code : SLCRRT60D18G479B

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Trieste

, 239

- 61121

Pesaro

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Director	08/05/2015
Board Chairman	08/05/2015

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Prejudicial events are reported

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Selci

Giancarlo

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Pesaro

(PS)

on 02/01/1936

- Fiscal Code : SLCGCR36A02G479O

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Dell Angelo Custode

, 90

- 61122

Pesaro

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Director	08/05/2015
Managing Director	08/05/2015

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Prejudicial events are reported

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Biesse Holding Spa

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Dei Giardini

, 7

- 20121

Milano

(MI)

- IT -

Position	Since	Shares Amount	% Ownership
Partner

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Prejudicial events are reported

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Porcellini

Stefano

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Rimini

(FO)

on 23/11/1965

- Fiscal Code : PRCSFN65S23H294K

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Cesare Battisti

, 185

- 61100

Pesaro

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	17/04/2014
Director	08/05/2015

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Prejudicial events are reported

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

BIESSE FINANCE B.V.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Sampierdarena

( )

on 12/00/1920

- Fiscal Code : 12565320152

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

De Sanctis Francesco

, 41

- 20100

Milano

(MI)

- IT -

Position	Since	Shares Amount	% Ownership
Partner

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Prejudicial events are reported

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Moscioni

Mauro

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Pesaro

(PS)

on 23/08/1968

- Fiscal Code : MSCMRA68M23G479Y

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

De Sanctis

, 28

- 61100

Pesaro

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	06/06/2017

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Prejudicial events are reported

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Possenti

Pietro

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Senigallia

(AN)

on 01/05/1973

- Fiscal Code : PSSPTR73E01I608U

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Del Cavallo/portone

, 74

- 60019

Senigallia

(AN)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	17/04/2014

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Prejudicial events are reported

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Giordano

Salvatore

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Pietrafitta

(CS)

on 10/09/1950

- Fiscal Code : GRDSVT50P10G615J

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Carlo Cattaneo

, 56

- 61100

Pesaro

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Director	08/05/2015

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

La Cava

Fabio

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Foggia

(FG)

on 29/06/1972

- Fiscal Code : LCVFBA72H29D643F

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

T. Mosca

, 7

- 61100

Pesaro

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	07/03/2012

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Prejudicial events are reported

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Skalamera

Arno

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Fiume

( )

on 13/03/1958

- Fiscal Code : SKLRNA58C13Z118M

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Francesco Baracca

, 153

- 50127

Firenze

(FI)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	07/09/2016

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Prejudicial events are reported

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Amurri

Alberto

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Urbino

(PS)

on 30/07/1960

- Fiscal Code : MRRLRT60L30L500Z

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Livorno

, 22

- 61100

Pesaro

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	15/12/2008

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Prejudicial events are reported

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Rapanotti

Enrico

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Fano

(PS)

on 15/05/1964

- Fiscal Code : RPNNRC64E15D488R

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Monte Nerone

, 17

- 61032

Fano

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	01/04/2016

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Panzieri

Andrea

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Pesaro

(PS)

on 14/09/1964

- Fiscal Code : PNZNDR64P14G479V

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Leoncavallo

, 3

- 61100

Pesaro

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	16/03/2017

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Tinti

Cesare

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Pesaro

(PS)

on 24/07/1968

- Fiscal Code : TNTCSR68L24G479X

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Dante D Ambrosi

, 13-1

- 61122

Pesaro

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	29/12/2015
Director	08/05/2015

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Persi

Fabio

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Pergola

(PS)

on 24/09/1961

- Fiscal Code : PRSFBA61P24G453Q

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Battisti

, 41

- 61047

San Lorenzo in Campo

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	20/05/2014

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Grianti

Gianluca

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Genova

(GE)

on 07/03/1965

- Fiscal Code : GRNGLC65C07D969B

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Valentini

, 12

- 61100

Pesaro

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	22/10/2013

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Parpajola

Alessandra

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Dolo

(VE)

on 12/06/1973

- Fiscal Code : PRPLSN73H52D325B

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Trieste

, 239

- 61100

Pesaro

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Director	08/05/2015

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Cattani

Omar

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Pesaro

(PS)

on 06/09/1973

- Fiscal Code : CTTMRO73P06G479X

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Fornaci

, 4/12

- 61025

Montelabbate

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	07/03/2012

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Avanzi

Battista

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Gavardo

(BS)

on 17/07/1965

- Fiscal Code : VNZBTS65L17D940U

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Riccardo Zandonai

, 7

- 61121

Pesaro

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	31/10/2012

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Berardi

Cristian

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Rimini

(FO)

on 10/06/1974

- Fiscal Code : BRRCST74H10H294Y

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Forli

, 1

- 47922

Rimini

(RN)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	17/04/2014

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Bellucci

Giovanni

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Gubbio

(PG)

on 28/09/1956

- Fiscal Code : BLLGNN56P28E256W

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Dell'arboreto

, 13

- 06024

Gubbio

(PG)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	17/04/2014

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Dominici

Fabrizio

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Urbino

(PS)

on 16/03/1959

- Fiscal Code : DMNFRZ59C16L500P

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Amendola

, 15

- 61029

Urbino

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	20/05/2014

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Casadio

Gianluigi

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Faenza

(RA)

on 20/09/1976

- Fiscal Code : CSDGLG76P20D458H

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Del Risorgimento

, 30

- 61122

Pesaro

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	07/09/2016

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Righini

Elisabetta

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Forli'

(FO)

on 25/03/1961

- Fiscal Code : RGHLBT61C65D704A

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Della Repubblica

, 3

- 47034

Forlimpopoli

(FO)

- IT -

Position	Since	Shares Amount	% Ownership
Director	08/05/2015

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Prati

Raphael

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Unterseen

( )

on 14/02/1970

- Fiscal Code : PRTRHL70B14Z133L

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Giuseppe Verdi

, 15/B

- 47043

Gatteo

(FC)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	07/09/2016

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Anselmi

Mirco

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Chiaravalle

(AN)

on 05/11/1975

- Fiscal Code : NSLMRC75S05C615M

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Xxv Aprile

, 103

- 60015

Falconara Marittima

(AN)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	07/09/2016

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Bailetti

Paola

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Pesaro

(PS)

on 01/10/1967

- Fiscal Code : BLTPLA67R41G479R

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Santerno

, 35

- 61121

Pesaro

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	07/09/2016

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Angelotti

Franco

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Pesaro

(PS)

on 27/12/1957

- Fiscal Code : NGLFNC57T27G479X

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Antonio Cecchi

, 53/1

- 61121

Pesaro

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	02/02/2017

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Diotalevi

Franco

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Pesaro

(PS)

on 18/05/1970

- Fiscal Code : DTLFNC70E18G479Q

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Giosue Borsi

, 11

- 61122

Pesaro

(PS)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	02/02/2017

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Dettorre

Massimo

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Born in Corinaldo

(AN)

on 15/05/1967

- Fiscal Code : DTTMSM67E15D007M

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Residence:

Dello Stadio

, 35

- 60019

Senigallia

(AN)

- IT -

Position	Since	Shares Amount	% Ownership
Attorney with special power	10/02/2017

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

No Protests registered

Companies connected to members *

*checkings have been performed on a national scale.

In this module are listed the companies in which members hold or have holded positions.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Selci

Roberto

Firm's Style	Seat	Fiscal Code	Position	Position Status	Firm's Status
Cosmec S.r.l.	Pesaro (PS) - IT -	00180120412	Director	Withdrawn	Ceased
Cosmec S.r.l.	Pesaro (PS) - IT -	00180120412	Board Chairman	Withdrawn	Ceased
R.b.o. Biesse Engineering S.r.l.	Montelabbate (PS) - IT -	00227530417	Board Chairman	Withdrawn	Ceased
Selco S.p.a.	Pesaro (PS) - IT -	03867970372	Director	Withdrawn	Ceased
Intermac S.p.a.	Pesaro (PS) - IT -	01041910413	Director	Withdrawn	Ceased
Intermac S.p.a.	Pesaro (PS) - IT -	01041910413	Board Chairman	Withdrawn	Ceased
Tecnomac S.r.l.	Pesaro (PS) - IT -	01131280412	Director	Withdrawn	Ceased
Polymac S.r.l.	Pesaro (PS) - IT -	01105690414	Chairman	Withdrawn	Ceased
Polymac S.r.l.	Pesaro (PS) - IT -	01105690414	Board Chairman	Withdrawn	Ceased
Hsd S.p.a.	Pesaro (PS) - IT -	02196600965	Managing Director	Active	Registered
Hsd S.p.a.	Pesaro (PS) - IT -	02196600965	Director	Active	Registered
Hsd S.p.a.	Pesaro (PS) - IT -	02196600965	Board Chairman	Active	Registered
B.c.m. S.r.l.	Pesaro (PS) - IT -	01441940069	Director	Withdrawn	Ceased
Protec S.r.l.	Pesaro (PS) - IT -	01282140415	Managing Director	Withdrawn	Ceased
Protec S.r.l.	Pesaro (PS) - IT -	01282140415	Director	Withdrawn	Ceased
Cepra Centro Promozionale Acimall S.r.l.In Via Breve Cepra S.r.l.	Assago (MI) - IT -	04701000152	Director	Withdrawn	Registered
Biesse Holding Spa	Milano (MI) - IT -	01207890417	Managing Director	Withdrawn	Ceased
Biesse Holding Spa	Milano (MI) - IT -	01207890417	Director	Withdrawn	Ceased
Biesse Holding Spa	Milano (MI) - IT -	01207890417	Managing Director	Withdrawn	Ceased
Bi.fin. S.r.l.	Pesaro (PS) - IT -	01235440417	Managing Director	Withdrawn	Registered
Bi.fin. S.r.l.	Pesaro (PS) - IT -	01235440417	Director	Withdrawn	Registered
Biesse America Inc.	Charlotte - US -	254289	Chairman	Withdrawn	Registered
Biesse Corporate School Societa' Consortile A Responsabilita' Limitata	Pesaro (PS) - IT -	01466130414	Managing Director	Withdrawn	Registered
Biesse Corporate School Societa' Consortile A Responsabilita' Limitata	Pesaro (PS) - IT -	01466130414	Director	Withdrawn	Registered
Biesse Corporate School Societa' Consortile A Responsabilita' Limitata	Pesaro (PS) - IT -	01466130414	Board Chairman	Withdrawn	Registered
Rettifica Modenese Di Valter Bonfatti EC. S.a.s.	Modena (MO) - IT -	01847770367	Limited Partner	Withdrawn	Registered
Cabi S.r.l.	Pesaro (PS) - IT -	02077540413	Director	Withdrawn	Ceased
Cabi S.r.l.	Pesaro (PS) - IT -	02077540413	Board Chairman	Withdrawn	Ceased
Immobiliare Luna Di Gasparucci Anna E C.	Pesaro (PS) - IT -	92019600417	Partner	Active	Registered
Immobiliare Sole Di Gasparucci Anna E C.Societa' Semplice	Pesaro (PS) - IT -	92019610416	Partner	Active	Registered
EFIMALL S.R.L. - IN LIQUIDAZIONE	Assago (MI) - IT -	06818280155	Director	Withdrawn	Registered
Sandymac S.r.l.	Pesaro (PS) - IT -	02104470410	Director	Withdrawn	Ceased
Sandymac S.r.l.	Pesaro (PS) - IT -	02104470410	Board Chairman	Withdrawn	Ceased
Immobiliare Anna Di Gasparucci Anna E C.S. S.	Pesaro (PS) - IT -	92019620415	Partner	Active	Registered
Montresor E Co S.r.l.	Pesaro (PS) - IT -	02644130417	Director	Withdrawn	Registered
Montresor E Co S.r.l.	Pesaro (PS) - IT -	02644130417	Board Chairman	Withdrawn	Registered

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Selci

Giancarlo

Firm's Style	Seat	Fiscal Code	Position	Position Status	Firm's Status
Cosmec S.r.l.	Pesaro (PS) - IT -	00180120412	Sole Director	Withdrawn	Ceased
Co.m.i.l. S.p.a.	Montelabbate (PS) - IT -	01102550413	Chairman	Withdrawn	Ceased
Co.m.i.l. S.p.a.	Montelabbate (PS) - IT -	01102550413	Board Chairman	Withdrawn	Ceased
R.b.o. Biesse Engineering S.r.l.	Montelabbate (PS) - IT -	00227530417	Director	Withdrawn	Ceased
R.b.o. Biesse Engineering S.r.l.	Montelabbate (PS) - IT -	00227530417	Procurator	Withdrawn	Ceased
Bielle S.r.l.	Pesaro (PS) - IT -	00473760411	Board Chairman	Withdrawn	Ceased
Intermac S.p.a.	Pesaro (PS) - IT -	01041910413	Director	Withdrawn	Ceased
Tecnomac S.r.l.	Pesaro (PS) - IT -	01131280412	Sole Director	Withdrawn	Ceased
Tecnomac S.r.l.	Pesaro (PS) - IT -	01131280412	Board Chairman	Withdrawn	Ceased
Uniteam S.p.a.	Thiene (VI) - IT -	02206800241	Director	Active	Registered
Uniteam S.p.a.	Thiene (VI) - IT -	02206800241	Board Chairman	Active	Registered
Isartek S.r.l. - In Liquidazione	Pesaro (PS) - IT -	01206160416	Sole Director	Withdrawn	Ceased
Isartek S.r.l. - In Liquidazione	Pesaro (PS) - IT -	01206160416	Liquidator	Withdrawn	Ceased
Finmotor S.r.l. In Liquidazione	Milano (MI) - IT -	01296030412	Director	Withdrawn	Registered
Hsd S.p.a.	Pesaro (PS) - IT -	02196600965	Managing Director	Active	Registered
Hsd S.p.a.	Pesaro (PS) - IT -	02196600965	Director	Active	Registered
Hsd S.p.a.	Pesaro (PS) - IT -	02196600965	Board Chairman	Withdrawn	Registered
B.c.m. S.r.l.	Pesaro (PS) - IT -	01441940069	Chairman	Withdrawn	Ceased
B.c.m. S.r.l.	Pesaro (PS) - IT -	01441940069	Board Chairman	Withdrawn	Ceased
Protec S.r.l.	Pesaro (PS) - IT -	01282140415	Board Chairman	Withdrawn	Ceased
Biesse Holding Spa	Milano (MI) - IT -	01207890417	Director	Withdrawn	Ceased
Biesse Holding Spa	Milano (MI) - IT -	01207890417	Managing Director	Withdrawn	Ceased
Biesse Holding Spa	Milano (MI) - IT -	01207890417	Board Chairman	Withdrawn	Ceased
Carducci S.r.l.	Pesaro (PS) - IT -	01258730413	Director	Withdrawn	Registered
Bi.fin. S.r.l.	Pesaro (PS) - IT -	01235440417	Director	Withdrawn	Registered
Bi.fin. S.r.l.	Pesaro (PS) - IT -	01235440417	Sole Director	Active	Registered
Bi.fin. S.r.l.	Pesaro (PS) - IT -	01235440417	Board Chairman	Withdrawn	Registered
Fincobi S.r.l.	Pesaro (PS) - IT -	00887720415	Sole Director	Active	Registered
Cabi S.r.l.	Pesaro (PS) - IT -	02077540413	Director	Withdrawn	Ceased
Immobiliare Luna Di Gasparucci Anna E C.	Pesaro (PS) - IT -	92019600417	Partner	Active	Registered
Immobiliare Sole Di Gasparucci Anna E C.Societa' Semplice	Pesaro (PS) - IT -	92019610416	Partner	Active	Registered
Immobiliare Anna Di Gasparucci Anna E C.S. S.	Pesaro (PS) - IT -	92019620415	Partner	Active	Registered
Circolo Mobilieri Pesaro	Pesaro (PS) - IT -	80004210417	Director	Active	Registered

The indication "REGISTERED" as Firm Status could refer to Firms in Liquidation, Active, Inactive, etc.

For more information, in this case, we advise to request further investigations.

Capital Shareholders

Shareholders' list as at date of data collection:

Firm's Style / Name	Seat / Residence	Fiscal Code	Owned Shares	% Ownership
Biesse Holding Spa	Milano - IT -	01207890417	7.001.874 .Eur	39,32
Deuring Werner		DRNWNR59D06Z112W	1.305.042 .Eur	7,32
BIESSE FINANCE B.V.	Milano - IT -	12565320152	9.498.126 .Eur	53,34

Direct Participations

The Company under review has participations in the following Companies:

Firm's Style	Seat	Fiscal Code	Owned Shares Amount	% Ownership	since	until	Share Status
Uniteam S.p.a.	Thiene - IT -	02206800241	390.000 .Eur	100,00			Active
Tecnomarche - Parco Scientifico E Tecnol ogico Delle Marche - Societa' Consortile	Ascoli Piceno - IT -	01342270442	1.086 .Eur	0,18			Active
"consorzio Del Mobile - Societa' Consort Ile Per Azioni" Centro Di Servizi Reali	Pesaro - IT -	00872940416	1.040 .Eur	0,35			Active
Confindustria Energia Adriatica Soc. Con s. A R.l.	Pesaro - IT -	01495880419	500 .Eur	1,33			Active
Mistrello S.R.L.		03561910286	30.600 .Eur	60,00			Active
Consorzio Pesaro Basket	Pesaro - IT -	92036960414					Active
Co-env	Jesi - IT -	02327270423					Active
KERNEX AUTOMATION S.R.L.	Virgilio - IT -	02018860201	11.675 .Eur	25,00			Active
Bre. Ma. Brenna Macchine S.r.l.	Alzate Brianza - IT -	02985170139	68.600 .Eur	98,00			Active
Biesse Tecno System S.r.l.	Pesaro - IT -	02432380414	50.000 .Eur	50,00			Active
Hyperlean S.r.l.	Ancona - IT -	02489180428	26.341 .Eur	21,95			Active
Viet Italia S.r.l.	Pesaro - IT -	02433630411	8.500 .Eur	85,00			Active
Axxembla S.r.l.		02542630419	10.000 .Eur	100,00			Active
Montresor E Co S.r.l.	Pesaro - IT -	02644130417	600.000 .Eur	60,00			Active
Hsd S.p.a.	Pesaro - IT -	02196600965	1.141.490 .Eur	100,00			Active
Bsoft S.r.l.		02632780413	10.000 .Eur	100,00			Active

Firm's location and structure

In order to carry out its activities the firm uses the following locations:

Legal and operative seat

since 27/02/1970

Della Meccanica

, 16

- 61100

- Pesaro

(PS)

- IT -

PHONE

: 0721439100

FAX

: 0721414194

FAX

: 0721453248

Legal mail

: BIESSESPA@LEGALMAIL.IT

Branch

(Warehouse)

since 01/10/1990

Toscana

, 81

- 61100

- Pesaro

(PS)

- IT -

PHONE

: 0721439327

Branch

(Warehouse)

since 31/12/1999

Toscana

, 75

- 61100

- Pesaro

(PS)

- IT -

PHONE

: 0721439327

Branch

(Factory)

since 20/11/2002

Dell'economia

, SN

- 61100

- Pesaro

(PS)

- IT -

Branch

(Factory)

since 20/11/2002

Marcello Malpighi

, 8

- 48022

- Lugo

(RA)

- IT -

Branch

(Warehouse)

since 01/12/2007

D'antona E Biagi

, SN

- 47863

- Novafeltria

(RN)

- IT -

Branch

(Warehouse)

since 01/07/2012

Manzoni

, 2340

- 22040

- Alzate Brianza

(CO)

- IT -

Branch

(Warehouse)

since 02/01/2012

Cavour

, 9/A

- 31013

- Codogne'

(TV)

- IT -

Branch

(office)

since 01/11/2016

Della Meccanica

, 3

- 36016

- Thiene

(VI)

- IT -

Branch

(Factory)

since 01/10/2015

Alfio De Simoni

, S.N.

- 61100

- Pesaro

(PS)

- IT -

Branch

(office)

since 01/05/2015

Zanica

, 19K

- 24050

- Grassobbio

(BG)

- IT -

Employees

: 1.668

Fittings and Equipment for a value of 35.000.000

Eur

Stocks for a value of 49.950.000

Eur

Furniture and fittings for a value of 230.000

Eur

Vehicles for a value of 150.000

Eur

The firm has a direct commercial organization

The company sells in Italy and abroad.

The company 's mainly customers are companies.

The firm operates abroad as exporter..

Export trade is the 80 % of the global turnover.

Import comes generally from the following nations:

- Germany

- France

- Spain

- Austria

The subject firm uses the following own selling brands:

- BIESSE

- BIESSE EDGE

- BIESSE SAND

- COMIL

- SELCO

- BIESSE ARTECH

- BRE.MA.

- RBO

Traded Brands / Suppliers

- HSD SPA

- INTERMAC SPA

Historical Information and/or Firm's Status

CHANGES TO THE LEGAL FORM:

Former legal form	New legal form	Changement Date
General partnership	Limited liability company	19/02/1972
Limited liability company	Joint stock company	18/12/1979

COMPANY STYLE MODIFICATIONS:

Former Style	New Style	Changement Date
Polymac s.r.l.	Biesse S.p.A.	31/07/2002

CEASINGS/INCORPORATIONS/MERGES:

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

The firm absorbed by merging of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Polymac S.r.l.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Dell'industria

, 124

, 61100

, Pesaro

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 01105690414

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

21/12/1999

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

The firm absorbed by merging of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Tecnomac S.r.l.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Della Meccanica

, 16

, 61100

, Pesaro

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 01131280412

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

21/12/1999

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

The firm absorbed by merging of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Cosmec S.r.l.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Della Meccanica

, 16

, 61100

, Pesaro

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 00180120412

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

18/12/2000

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

The firm absorbed by merging of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Selco S.p.a.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Della Meccanica

, 16

, 61100

, Pesaro

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 03867970372

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

18/12/2000

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

The firm absorbed by merging of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Biesse Brianza S.R.L.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

STRAUSS J.

, SNC

, 20038

, Seregno

(MB)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 02319230963

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

18/12/2000

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Project of merging by taking over of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ R.b.o. Biesse Engineering S.r.l.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Pantanelli

, 166

, 61025

, Montelabbate

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 00227530417

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

Merging/splitting-up project:

30/06/1999

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

The firm absorbed by merging of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Protec S.r.l.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Della Meccanica

, 16

, 61100

, Pesaro

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 01282140415

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

21/12/1999

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

The firm absorbed by merging of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Bielle S.r.l.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Delle Regioni Km. 5

, 61100

, Pesaro

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 00473760411

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

03/09/1999

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Project of merging by taking over of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Biesse Brianza S.R.L.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

STRAUSS J.

, SNC

, 20038

, Seregno

(MB)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 02319230963

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

Merging/splitting-up project:

01/08/2000

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Project of merging by taking over of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Biesse Triveneto S.r.l.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Cadore Mare

, 31013

, Codogne'

(TV)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 02474460264

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

Merging/splitting-up project:

02/08/2000

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

The firm absorbed by merging of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Biesse Brianza S.R.L.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

STRAUSS J.

, SNC

, 20038

, Seregno

(MB)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 02319230963

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

18/12/2000

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

The firm absorbed by merging of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Biesse Triveneto S.r.l.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Cadore Mare

, 31013

, Codogne'

(TV)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 02474460264

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

21/02/2001

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Project of merging by taking over of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Intermac S.p.a.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Dell'economia

, SN

, 61100

, Pesaro

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 01041910413

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

Merging/splitting-up project:

28/03/2002

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

The firm absorbed by merging of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Intermac S.p.a.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Dell'economia

, SN

, 61100

, Pesaro

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 01041910413

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

24/07/2002

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Project of merging by taking over of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Sandymac S.r.l.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Della Meccanica

, 16

, 61100

, Pesaro

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 02104470410

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

Merging/splitting-up project:

20/09/2007

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

The firm absorbed by merging of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Sandymac S.r.l.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Della Meccanica

, 16

, 61100

, Pesaro

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 02104470410

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

29/12/2007

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Project of merging by taking over of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Isp Systems S.r.l.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Della Meccanica

, 16

, 61100

, Pesaro

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 02039590415

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

Merging/splitting-up project:

28/04/2009

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

The firm absorbed by merging of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Isp Systems S.r.l.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Della Meccanica

, 16

, 61100

, Pesaro

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 02039590415

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

12/06/2009

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Resolution of merging of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Bielle S.r.l.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Delle Regioni Km. 5

, 61100

, Pesaro

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 00473760411

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

03/09/1999

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

The firm absorbed by merging of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Isp Systems S.r.l.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Della Meccanica

, 16

, 61100

, Pesaro

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 02039590415

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

16/10/2009

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Project of merging by taking over of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Digipac S.r.l.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Della Meccanica

, 16

, 61100

, Pesaro

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 03601990405

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

Merging/splitting-up project:

10/12/2009

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

The firm absorbed by merging of

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$ Digipac S.r.l.

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Della Meccanica

, 16

, 61100

, Pesaro

(PS)

- IT -

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Fiscal Code: 03601990405

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Vuoto.gif$

Date

26/04/2010

Protests

Protests checking on the subject firm has given a negative result.

Data Base Prejudicial Events Search

Search performed on a National Scale

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Prejudicial Events Search Result: NEGATIVE

Search performed on a specialized data base.

Legal Procedures

None reported, standing to the latest received edition of the Official Publications.

Bankers

The firm operates with:

Bank Name	Agency Name	Address	ZIP Code	City	ABI Code	CAB Code
SANPAOLO BANCA DELL ADRIATICO	FILIALE IMPRESE PESARO	VIA GAGARIN 216	61100	Pesaro	5748	13303
UNICREDIT BANCA D IMPRESA S.P.A.	PESARO	VIA BRANCA, 87	61100	Pesaro	3226	13300

National Real Estates Survey

The firm under review, by the reported percentages, owns the following real estates:

Town	Cadastre	No. Immovables	Up to Date
MONTELABBATE (PS)	Land	1	06/03/2018
NOVAFELTRIA (PS)	Buildings	2	06/03/2018
NOVAFELTRIA (PS)	Land	14	06/03/2018
PESARO (PS)	Buildings	11	06/03/2018
PESARO (PS)	Land	17	06/03/2018
SILVI (TE)	Buildings	1	06/03/2018
CODOGNE' (TV)	Buildings	2	06/03/2018

Buildings Details

Cadastre	Title	Location	Sheet No.	Particle No.	Sub No.	Categorie	Classe	Consistence	Cadastrial Rent	Part No.
B	Proprieta' per 1/1	NOVAFELTRIA (PS) VIA D' ANTONA E BIAGI, 11 Piano T-1	35	474	1	cat. D/1			Euro: 20.832,00
B	Proprieta' per 1/1	NOVAFELTRIA (PS) VIA D' ANTONA E BIAGI, SNC Piano T	35	474	2	cat. D/1			Euro: 82,00
B	Proprieta' per 1/1	PESARO (PS) VIA DELL' ECONOMIA, SNC Piano T	G/4	467	2	zona2 cat. D/1			Euro: 30,00
B	Proprieta' per 1/1	PESARO (PS) VIA DELL' ECONOMIA, 40 Piano T-1	G/4	467	3	zona2 cat. D/1			Euro: 93.200,00
B	Proprieta'	PESARO (PS) VIA DELLA MECCANICA, SNC Piano T-1	G/4	468	1	zona2 cat. D/1			Euro: 30.080,00
B	Proprieta'	PESARO (PS) VIA DELLA MECCANICA, SNC Piano T	G/4	468	2	zona2 cat. D/1			Euro: 78,00
B	Proprieta'	PESARO (PS) VIA DELLA MECCANICA, SNC Piano T-1 - 2-3	G/6	267	10	zona2 cat. D/1			Euro: 41.170,00
B	Proprieta'	PESARO (PS) VIA DELLA MECCANICA, SNC Piano T-1	G/6	267	11	zona2 cat. D/1			Euro: 4.950,00
B	Proprieta'	PESARO (PS) VIA DELLA MECCANICA, SNC Piano T-1 - 2	G/6	267	13	zona2 cat. D/1			Euro: 19.692,00
B	Proprieta'	PESARO (PS) VIA DELLA MECCANICA, 16 Piano T-1 - 2-3	G/6	267	14	zona2 cat. D/1			Euro: 86.066,00
B	Proprieta'	PESARO (PS) VIA DELLA MECCANICA, 16 Piano T	G/6	267	15	zona2 cat. D/1			Euro: 7.242,00
B	Proprieta'	PESARO (PS) VIA DELLA MECCANICA, 16 Piano T	G/6	267	18	zona2 cat. D/1			Euro: 3.586,22
B	Proprieta'	PESARO (PS) VIA DELLA MECCANICA, SN Piano T-1	G/6	453		cat. F/2
B	Proprieta' per 1/1	SILVI (TE) CONTRADA COCCIONI, Piano S1-T - 1	16	1600		zona2 cat. A/7	3	13,5 vani	Euro:1.289,85	1008722
B	Proprieta' per 1/1	CODOGNE' (TV) VIA CAVOUR, 9A Piano T-1	A/7	1262	1	cat. D/8			Euro: 13.441,30
B	Proprieta' per 1/1	CODOGNE' (TV) VIA CAVOUR, 9A Piano T	A/7	1262	2	cat. D/1			Euro: 62,00

Land Details

Cadastre	Title	Location	Sheet No.	Particle No.	Sub No.	Category	Class	Consistence	Cadastrial Rent	Part No.
L	Proprieta' per 1000/1000	MONTELABBATE (PS)	7	202		SEMIN ARBOR	2	54 ca	R.D.Euro:0,28 R.A. Euro: 0,25	1869
L	Proprieta' per 1/1	NOVAFELTRIA (PS) Sez.A	33	149		SEMINATIVO	2	17 are 88 ca	R.D.Euro:8,31 R.A. Euro: 6,93	5882
L	Proprieta' per 1/1	NOVAFELTRIA (PS) Sez.A	33	150		SEMINATIVO	2	3 are 50 ca	R.D.Euro:1,63 R.A. Euro: 1,36	7610
L	Proprieta' per 1/1	NOVAFELTRIA (PS) Sez.A	33	151		SEMIN ARBOR	2	35 are 10 ca	R.D.Euro:16,31 R.A. Euro: 12,69	5882
L	Proprieta' per 1/1	NOVAFELTRIA (PS) Sez.A	33	152		SEMINATIVO	3	38 are 20 ca	R.D.Euro:11,84 R.A. Euro: 12,82	5597
L	Proprieta' per 1/1	NOVAFELTRIA (PS) Sez.A	33	153		SEMIN ARBOR	2	63 are 20 ca	R.D.Euro:29,38 R.A. Euro: 22,85	5597
L	Proprieta' per 1/1	NOVAFELTRIA (PS) Sez.A	33	198		SEMINATIVO	2	12 are 75 ca	R.D.Euro:5,93 R.A. Euro: 4,94	7605
L	Proprieta' per 1/1	NOVAFELTRIA (PS) Sez.A	33	201		SEMIN ARBOR	2	2 are 90 ca	R.D.Euro:1,35 R.A. Euro: 1,05	7605
L	Proprieta' per 1/1	NOVAFELTRIA (PS) Sez.A	33	303		SEMINATIVO	2	1 are 45 ca	R.D.Euro:0,67 R.A. Euro: 0,56
L	Proprieta' per 1/1	NOVAFELTRIA (PS) Sez.A	33	305		SEMIN ARBOR	2	6 are 82 ca	R.D.Euro:3,17 R.A. Euro: 2,47
L	Proprieta' per 1/1	NOVAFELTRIA (PS) Sez.A	33	307		SEMIN ARBOR	2	1 are	R.D.Euro:0,46 R.A. Euro: 0,36
L	Proprieta' per 1/1	NOVAFELTRIA (PS) Sez.A	33	97		SEMIN ARBOR	2	26 are 48 ca	R.D.Euro:12,31 R.A. Euro: 9,57	4158
L	Proprieta' per 1/1	NOVAFELTRIA (PS) Sez.A	35	1		QUERCETO	1	4 are 36 ca	R.D.Euro:0,68 R.A. Euro: 0,20	4158
L	Proprieta' per 1/1	NOVAFELTRIA (PS) Sez.A	35	2		MODELLO 26			R.A. Euro: R.A. Euro:
L	Proprieta' per 1/1	NOVAFELTRIA (PS) Sez.A	35	403		QUERCETO	1	24 ca	R.D.Euro:0,04 R.A. Euro: 0,01
L	Proprieta' per 1/1	PESARO (PS) Sez.C	3	185		SEMIN ARBOR	3	13 are 11 ca	R.D.Euro:4,40 R.A. Euro: 4,06
L	Proprieta' per 1/1	PESARO (PS) Sez.C	3	189		SEMIN ARBOR	2	6 ha 93 are 12 ca	R.D.Euro:340,07 R.A. Euro: 250,58
L	Proprieta' per 1/1	PESARO (PS) Sez.C	3	22		SEMINATIVO	5	8 are 20 ca	R.D.Euro:2,54 R.A. Euro: 2,33
L	Proprieta' per 1/1	PESARO (PS) Sez.C	3	39		PRATO	U	9 are 68 ca	R.D.Euro:1,50 R.A. Euro: 0,70	2135
L	Proprieta' per 1/1	PESARO (PS) Sez.C	3	64		PRATO	U	3 are 65 ca	R.D.Euro:0,57 R.A. Euro: 0,26
L	Proprieta' per 1000/1000	PESARO (PS) Sez.C	4	341		SEMIN ARBOR	1	1 are 58 ca	R.D.Euro:0,98 R.A. Euro: 0,57
L	Proprieta' per 1/1	PESARO (PS) Sez.C	4	343		SEMIN ARBOR	2	25 are 88 ca	R.D.Euro:12,70 R.A. Euro: 9,36
L	Proprieta' per 1/1	PESARO (PS) Sez.C	4	344		SEMIN ARBOR	2	6 are 50 ca	R.D.Euro:3,19 R.A. Euro: 2,35
L	Proprieta' per 1000/1000	PESARO (PS) Sez.C	4	351		SEMIN ARBOR	1	2 are 1 ca	R.D.Euro:1,25 R.A. Euro: 0,73
L	Proprieta' per 1000/1000	PESARO (PS) Sez.C	4	352		SEMIN ARBOR	1	68 ca	R.D.Euro:0,42 R.A. Euro: 0,25
L	Proprieta' per 1000/1000	PESARO (PS) Sez.C	4	353		SEMIN ARBOR	1	11 ca	R.D.Euro:0,07 R.A. Euro: 0,04
L	Proprieta' per 1000/1000	PESARO (PS) Sez.C	4	361		SEMIN ARBOR	1	77 ca	R.D.Euro:0,48 R.A. Euro: 0,28
L	Proprieta' per 1000/1000	PESARO (PS) Sez.C	4	362		SEMIN ARBOR	1	14 ca	R.D.Euro:0,09 R.A. Euro: 0,05
L	Proprieta' per 1000/1000	PESARO (PS) Sez.C	4	363		SEMIN ARBOR	1	36 ca	R.D.Euro:0,22 R.A. Euro: 0,13
L	Proprieta' per 1/1	PESARO (PS) Sez.C	4	465		SEMIN ARBOR	1	6 are 89 ca	R.D.Euro:4,27 R.A. Euro: 2,49
L	Proprieta' per 1/1	PESARO (PS) Sez.C	4	507		SEMIN ARBOR	2	87 are 13 ca	R.D.Euro:42,75 R.A. Euro: 31,50
L	Proprieta' per 1/1	PESARO (PS) Sez.C	4	509		SEMIN ARBOR	2	33 are 81 ca	R.D.Euro:16,59 R.A. Euro: 12,22

All responsibilities are declined regarding any possible omissions concerning the given results. Therefore, we advise to request for "Hypothecating Survey Inspection" c/o the locally competent RR.II. Immovables Registry, as this service doesn't fully guarantees the actual title of the Real Estates of the requested Subject.

Financial and Economical Analysis

The company is active since 1970

The eonomic-financial analysis is based on the latest 3 b/s.

During the last years, it recorded positive net results (r.o.e. 14,82% in 2016) with a good increase in turnover (+14,24% in 2016 compared to 2015 and +21,35% in 2015 compared to 2014).

The operating result was positive in the last financial year (8,26%) and in line with the sector's average.

The amount of the operating result is equal to Eur. 30.701.000 , on more or less the same values as in the year before.

The economic management produced a gross operating margin of Eur. 43.787.000 ,with no change if compared to the year before.

The financial status of the company is fairly balanced with an indebtedness level of 1,26 even though on the increase if compared to 2015.

With regard to equity capital, an amount of Eur. 148.025.000 is registered. on the same levels as the year before.

Total indebtedness was equal to Eur. 210.774.000 (Eur. 2.739.000 was the value of m/l term debts) on the same levels as the year before.

The recourse to financial credit is within the limits; on the other hand the recourse to suppliers' credit is rated as fairly high and higher than sector's average.

Neverthless available funds are good.

As far as the collection of credit goes, the average is high (130,27 days). within the average values of the sector.

During financial year 2016 the cash flow amounted to Eur. 34.267.000

During 2016 financial year labour costs amounted to Eur. 104.129.000, with a 27,29% incidence on production costs. and a 26,58% incidence on sales volumes.

The financial charges do not negatively affect the management, as they are covered by the incomes.

Financial Data

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Complete balance-sheet for the year

al 31/12/2016

(in Eur

x 1)

Item Type	Value
Sales	391.689.000
Profit (Loss) for the period	21.942.000

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Complete balance-sheet for the year

al 31/12/2015

(in Eur

x 1)

Item Type	Value
Sales	342.863.000
Profit (Loss) for the period	13.978.000

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Complete balance-sheet for the year

al 31/12/2014

(in Eur

x 1)

Item Type	Value
Sales	282.521.000
Profit (Loss) for the period	22.706.000

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Complete balance-sheet for the year

al 31/12/2013

(in Eur

x 1)

Item Type	Value
Sales	254.592.000
Profit (Loss) for the period	11.806.000

$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Verde.gif$

Complete balance-sheet for the year

al 31/12/2012

(in Eur

x 1)

Item Type	Value
Sales	267.807.215
Profit (Loss) for the period	-1.128.854

Balance Sheets

From our constant monitoring of the relevant Public Administration offices, no more recent balance sheets result to have been filed.

- Balance Sheet as at 31/12/2016 - 12 Mesi - Currency: - Amounts x 1

- Balance Sheet as at 31/12/2015 - 12 Mesi - Currency: - Amounts x 1

- Balance Sheet as at 31/12/2014 - 12 Mesi - Currency: - Amounts x 1

Years

2016

2015

2014

BALANCE SHEET ACCOUNTS

ASSETS
CREDITS VS PARTNERS
. Deposits not yet withdrawn
. Deposits already withdrawn
Total credits vs partners
FIXED ASSETS
. INTANGIBLE FIXED ASSETS
. . Start-up and expansion expenses
. . Research,develop. and advert.expens.	15.069.000	14.951.000	14.275.000
. . Industrial patent rights	10.275.000	9.655.000	8.697.000
. . Concessions,licenses,trademarks,etc.
. . Goodwill	6.247.000	6.247.000	6.247.000
. . Assets in formation and advance paymen.	13.428.000	9.957.000	8.505.000
. . Other intangible fixed assets
. Total Intangible Fixed Assets	45.019.000	40.810.000	37.724.000
. TANGIBLE FIXED ASSETS
. . Real estate
. . Plant and machinery	31.466.000	32.451.000	33.685.000
. . Industrial and commercial equipment	3.536.000	2.871.000	2.252.000
. . Other assets
. . Assets under construction and advances	3.930.000	638.000	36.000
. Total Tangible fixed assets	38.932.000	35.960.000	35.973.000
. FINANCIAL FIXED ASSETS
. . Equity investments	67.175.000	67.171.000	54.623.000
. . . Equity invest. in subsidiary companies	67.127.000	67.124.000	54.590.000
. . . Equity invest. in associated companies
. . . Equity invest. in holding companies
. . . Equity invest. in other companies	48.000	47.000	33.000
. . Financial receivables	571.000	1.699.000	364.000
. . . . Within 12 months
. . . . Beyond 12 months	571.000	1.699.000	364.000
. . . Receivab due from subsidiaries
. . . . Within 12 months
. . . . Beyond 12 months
. . . Receivables due from assoc.comp.
. . . . Within 12 months
. . . . Beyond 12 months
. . . Receivables due from holding comp.
. . . . Within 12 months
. . . . Beyond 12 months
. . . Receivables due from third parties	571.000	1.699.000	364.000
. . . . Within 12 months
. . . . Beyond 12 months	571.000	1.699.000	364.000
. . Other securities
. . Own shares		96.000	3.750.000
. . . Total nominal value
. Total financial fixed assets	67.746.000	68.966.000	58.737.000
Total fixed assets	151.697.000	145.736.000	132.434.000
CURRENT ASSETS
. INVENTORIES
. . Raw materials and other consumables	17.804.000	16.155.000	15.948.000
. . Work in progress and semimanufactured	12.821.000	9.594.000	8.306.000
. . Work in progress on order
. . Finished goods	19.321.000	16.830.000	16.026.000
. . Advance payments
. Total Inventories	49.946.000	42.579.000	40.280.000
. CREDITS NOT HELD AS FIXED ASSETS
. . Within 12 months	141.932.000	110.819.000	117.673.000
. . Beyond 12 months	6.545.000	9.351.000	11.913.000
. . Trade receivables	58.535.000	50.586.000	43.847.000
. . . . Within 12 months	55.384.000	45.736.000	39.162.000
. . . . Beyond 12 months	3.151.000	4.850.000	4.685.000
. . Receivables due from subsid. comp.
. . . . Within 12 months
. . . . Beyond 12 months
. . Receivables due from assoc. comp.	83.205.000	60.471.000	73.573.000
. . . . Within 12 months	83.205.000	60.471.000	73.573.000
. . . . Beyond 12 months
. . Receivables due from holding comp.
. . . . Within 12 months
. . . . Beyond 12 months
. . Fiscal Receivables	1.938.000	2.819.000	3.597.000
. . . . Within 12 months	1.938.000	2.819.000	3.597.000
. . . . Beyond 12 months
. . Receivables for anticipated taxes	3.394.000	4.501.000	7.228.000
. . . . Within 12 months
. . . . Beyond 12 months	3.394.000	4.501.000	7.228.000
. . Receivables due from third parties	1.405.000	1.793.000	1.341.000
. . . . Within 12 months	1.405.000	1.793.000	1.341.000
. . . . Beyond 12 months
. Total Credits not held as fixed assets	148.477.000	120.170.000	129.586.000
. FINANCIAL ASSETS
. . Equity invest. in subsidiary comp.
. . Equity invest. in associated companies
. . Equity invest. in holding companies
. . Other equity investments
. . Own shares
. . . Total nominale value
. . Other securities		267.000	42.000
. Total Financial Assets	305.000	267.000	42.000
. LIQUID FUNDS
. . Bank and post office deposits
. . Checks
. . Banknotes and coins
. Total Liquid funds	21.164.000	26.208.000	25.671.000
Total current assets	219.892.000	189.224.000	195.579.000
ADJUSTMENT ACCOUNTS
. Discount on loans
. Other adjustment accounts
Total adjustments accounts
TOTAL ASSETS	371.589.000	334.960.000	328.013.000

LIABILITIES
STOCKHOLDERS' EQUITY
. Capital stock	27.393.000	27.393.000	27.393.000
. Additional paid-in capital	36.202.000	36.202.000	36.202.000
. Revaluation reserves
. Legal reserve	5.479.000	5.479.000	5.479.000
. Reserve for Own shares
. Statute reserves
. Other reserves	57.105.000	53.232.000	46.649.000
. Accumulated Profits (Losses)	-96.000
. Profit( loss) of the year	21.942.000	13.978.000	14.490.000
. Advances on dividends
. Partial loss of the year Coverage
Total Stockholders'Equity	148.025.000	136.284.000	130.213.000
RESERVES FOR RISKS AND CHARGES
. . Reserve for employee termination indem.
. . Taxation fund, also differed	1.225.000	1.435.000	2.034.000
. . Other funds	368.000	618.000	781.000
Total Reserves for Risks and Charges	1.593.000	2.053.000	2.815.000
Employee termination indemnities	11.197.000	11.384.000	12.568.000
ACCOUNTS PAYABLE
. . . . Within 12 months	208.035.000	167.460.000	142.443.000
. . . . Beyond 12 months	2.739.000	17.779.000	39.974.000
. . Bonds
. . . . Within 12 months
. . . . Beyond 12 months
. . Convertible bonds repayable
. . . . Within 12 months
. . . . Beyond 12 months
. . Due to shareholders for financing
. . . . Within 12 months
. . . . Beyond 12 months
. . Due to banks	19.224.000	34.136.000	53.931.000
. . . . Within 12 months	16.488.000	16.472.000	13.957.000
. . . . Beyond 12 months	2.736.000	17.664.000	39.974.000
. . Due to other providers of finance	114.000	713.000	1.027.000
. . . . Within 12 months	111.000	598.000	1.027.000
. . . . Beyond 12 months	3.000	115.000
. . Advances from customers		11.274.000
. . . . Within 12 months		11.274.000
. . . . Beyond 12 months
. . Trade payables	112.559.000	75.472.000	81.882.000
. . . . Within 12 months	112.559.000	75.472.000	81.882.000
. . . . Beyond 12 months
. . Securities issued
. . . . Within 12 months
. . . . Beyond 12 months
. . Due to subsidiary companies	14.386.000	9.154.000	5.872.000
. . . . Within 12 months	14.386.000	9.154.000	5.872.000
. . . . Beyond 12 months
. . Due to associated companies	26.820.000	20.309.000	13.434.000
. . . . Within 12 months	26.820.000	20.309.000	13.434.000
. . . . Beyond 12 months
. . Due to holding companies
. . . . Within 12 months
. . . . Beyond 12 months
. . Due to the tax authorities	11.206.000	11.885.000	4.666.000
. . . . Within 12 months	11.206.000	11.885.000	4.666.000
. . . . Beyond 12 months
. . Due to social security and welfare inst.	7.557.000	6.441.000	6.215.000
. . . . Within 12 months	7.557.000	6.441.000	6.215.000
. . . . Beyond 12 months
. . Other payables	18.908.000	15.855.000	15.390.000
. . . . Within 12 months	18.908.000	15.855.000	15.390.000
. . . . Beyond 12 months
Total accounts payable	210.774.000	185.239.000	182.417.000
ADJUSTMENT ACCOUNTS
. Agio on loans
. Other adjustment accounts
Total adjustment accounts
TOTAL LIABILITIES	371.589.000	334.960.000	328.013.000

MEMORANDUM ACCOUNTS

Third party goods
Investment accounts
Risk accounts
Civil and fiscal norms relation

PROFIT AND LOSS ACCOUNTS

VALUE OF PRODUCTION
. Revenues from sales and services	391.689.000	342.863.000	282.521.000
. Changes in work in progress	6.107.000	1.712.000	68.000
. Changes in semi-manufact. products
. Capitalization of internal work
. Other income and revenues	14.449.000	12.721.000	12.384.000
. . Contributions for operating expenses	147.000	463.000	381.000
. . Different income and revenues	14.302.000	12.258.000	12.003.000
Total value of production	412.245.000	357.296.000	294.973.000
PRODUCTION COSTS
. Raw material,other materials and consum.	211.858.000	180.931.000	145.872.000
. Services received	47.291.000	40.991.000
. Leases and rentals	3.081.000	3.054.000	39.843.000
. Payroll and related costs	104.129.000	91.661.000	83.629.000
. . Wages and salaries	91.025.000	80.498.000	72.759.000
. . Social security contributions	8.193.000	6.723.000	6.800.000
. . Employee termination indemnities
. . Pension and similar
. . Other costs	4.911.000	4.440.000	4.070.000
. Amortization and depreciation	12.325.000	11.792.000	10.001.000
. . Amortization of intangible fixed assets	8.619.000	7.588.000	6.490.000
. . Amortization of tangible fixed assets	3.702.000	3.629.000	3.206.000
. . Depreciation of tangible fixed assets	4.000	109.000	305.000
. . Writedown of current receiv.and of liquid		466.000
. Changes in raw materials
. Provisions to risk reserves	761.000	919.000	1.338.000
. Other provisions
. Other operating costs	2.099.000	2.200.000	1.826.000
Total production costs	381.544.000	331.548.000	282.509.000
Diff. between value and cost of product.	30.701.000	25.748.000	12.464.000
FINANCIAL INCOME AND EXPENSE
. Income from equity investments	13.718.000	11.474.000	16.658.000
. . In subsidiary companies
. . In associated companies
. . In other companies
. Other financial income	379.000	2.716.000	6.613.000
. . Financ.income from receivables
. . . Towards subsidiary companies
. . . Towards associated companies
. . . Towards holding companies
. . . Towards other companies
. . Financ.income from secur. t.f.assets
. . Financ.income from secur. cur.assets
. . Financ.income other than the above			6.613.000
. . . - Subsidiary companies
. . . - Associated companies
. . . - Holding companies
. . . - Other companies
. Interest and other financial expense	-1.666.000	-6.154.000	-917.000
. . Towards subsidiary companies
. . Towards associated companies
. . Towards holding companies
. . Towards other companies			-917.000
Total financial income and expense	12.431.000	8.036.000	22.354.000
ADJUSTMENTS TO FINANCIAL ASSETS
. Revaluations	4.274.000
. . Of equity investments	4.274.000
. . Of financ.fixed assets not repres.E.I.
. . Of securities incl.among current assets
. Devaluation	-14.554.000	-11.008.000	-7.501.000
. . Of equity investments	-14.554.000	-11.008.000	-7.501.000
. . Of financial fixed assets (no equity inv)
. . Of securities included among current ass
Total adjustments to financial assets	-10.280.000	-11.008.000	-7.501.000
EXTRAORDINARY INCOME AND EXPENSE
. Extraordinary income
. . Gains on disposals
. . Other extraordinary income
. Extraordinary expense		-717.000
. . Losses on disposals
. . Taxes relating to prior years		-717.000
. . Other extraordinary expense
Total extraordinary income and expense		-717.000
Results before income taxes	32.852.000	22.059.000	27.317.000
. Taxes on current income	10.910.000	8.081.000	4.611.000
. . current taxes	10.908.000	8.081.000	685.000
. . differed taxes(anticip.)	2.000		-3.926.000
. Net income for the period	21.942.000	13.978.000	22.706.000
. Adjustments in tax regulations pursuance
. Provisions in tax regulations pursuance
. Profit (loss) of the year	21.942.000	13.978.000	22.706.000

RATIOS	Value Type	as at 31/12/2016	as at 31/12/2015	as at 31/12/2014	Sector Average
COMPOSITION ON INVESTMENT
Rigidity Ratio	Units	0,41	0,44	0,40	0,17
Elasticity Ratio	Units	0,59	0,56	0,60	0,80
Availability of stock	Units	0,13	0,13	0,12	0,27
Total Liquidity Ratio	Units	0,46	0,44	0,47	0,50
Quick Ratio	Units	0,06	0,08	0,08	0,03
COMPOSITION ON SOURCE
Net Short-term indebtedness	Units	1,26	1,04	0,90	3,14
Self Financing Ratio	Units	0,40	0,41	0,40	0,19
Capital protection Ratio	Units	0,67	0,70	0,68	0,68
Liabilities consolidation quotient	Units	0,07	0,17	0,37	0,18
Financing	Units	1,42	1,36	1,40	3,79
Permanent Indebtedness Ratio	Units	0,44	0,49	0,56	0,34
M/L term Debts Ratio	Units	0,04	0,09	0,16	0,09
Net Financial Indebtedness Ratio	Units	0,00	0,06	0,22	0,77
CORRELATION
Fixed assets ratio	Units	1,07	1,14	1,38	1,75
Current ratio	Units	1,06	1,13	1,37	1,23
Acid Test Ratio-Liquidity Ratio	Units	0,82	0,88	1,09	0,78
Structure's primary quotient	Units	0,98	0,94	0,98	1,04
Treasury's primary quotient	Units	0,10	0,16	0,18	0,05
Rate of indebtedness ( Leverage )	%	251,03	245,78	251,90	518,96
Current Capital ( net )	Value	11.857.000	21.764.000	53.136.000	406.983
RETURN
Return on Sales	%	8,75	7,52	11,58	3,69
Return on Equity - Net- ( R.O.E. )	%	14,82	10,26	17,44	5,16
Return on Equity - Gross - ( R.O.E. )	%	22,19	16,19	20,98	17,72
Return on Investment ( R.O.I. )	%	8,26	7,69	3,80	3,94
Return/ Sales	%	7,84	7,51	4,41	4,48
Extra Management revenues/charges incid.	%	71,47	54,29	182,17	26,52
Cash Flow	Value	34.267.000	25.770.000	32.707.000	142.024
Operating Profit	Value	30.701.000	25.748.000	12.464.000	126.602
Gross Operating Margin	Value	43.787.000	38.459.000	23.803.000	241.461
MANAGEMENT
Credits to clients average term	Days	130,27	53,11	55,87	116,01
Debts to suppliers average term	Days	211,09	167,91	196,15	127,79
Average stock waiting period	Days	45,91	44,71	51,33	96,89
Rate of capital employed return ( Turnover )	Units	1,05	1,02	0,86	1,03
Rate of stock return	Units	7,84	8,05	7,01	3,58
Labour cost incidence	%	26,58	26,73	29,60	21,20
Net financial revenues/ charges incidence	%	3,17	2,34	7,91	-1,00
Labour cost on purchasing expenses	%	27,29	27,65	29,60	20,95
Short-term financing charges	%	0,79	3,32	0,50	2,70
Capital on hand	%	94,87	97,69	116,10	96,90
Sales pro employee	Value	254.344	248.091	108.121	191.520
Labour cost pro employee	Value	67.616	66.324	32.004	39.641

Remarks

1) Protests checking (relative to the last five years) performed by crossing and matching the members names and the Firm's Style with the reported addresses, is supplied by the Informatic Registry managed by the Italian Chamber of Commerce. If the fiscal code is not indicated, the eventual homonymous cases are submitted to expert staff evaluation in order to limit wrong matching risks.

2) The Legal Data, supplied and retrived from the Firm's Registry of the Italian Chamber of Commerce, are in line with the last registered modifications.

3) Risk evaluation and Credit Opinion have been performed on the base of the actual data at the moment of their availability.

Market / Territory Data

Population living in the province	:	$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Spazio.gif$ 1.518.780
Population living in the region	:	$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Spazio.gif$ 0
Number of families in the region	:	$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Spazio.gif$ 0

Monthly family expences average in the region (in .) :

- per food products	:	$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Spazio.gif$ 0
- per non food products	:	$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Spazio.gif$ 0
- per energy consume	:	$Description: \\vivek-pc\123 Foreign Report Raw\2\Biesse S.p.a. - Vs. Rif. 496829_files\Spazio.gif$ 0

Sector Data

The values are calculated on a base of 45 significant companies.

The companies cash their credits on an average of 116 dd.

The average duration of suppliers debts is about 128 dd.

The sector's profitability is on an average of 3,69%.

The labour cost affects the turnover in the measure of 21,20%.

Goods are held in stock in a range of 97 dd.

The difference between the sales volume and the resources used to realize it is about 1,03.

The employees costs represent the 20,95% of the production costs.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 64.92
UK Pound	1	INR 90.23
Euro	1	INR 80.54
Euro	1	INR 80.15

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

INFORMATION DETAILS

Analysis Done by :	DIV

Report Prepared by :	SYL

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.

MIRA INFORM REPORT

COMPANY NAME AND ADDRESS

Summary

Activity

Legal Data

Members

Companies connected to members *

Capital Shareholders

Direct Participations

Firm's location and structure

Traded Brands / Suppliers

Historical Information and/or Firm's Status

Protests

Data Base Prejudicial Events Search

Legal Procedures

Bankers

National Real Estates Survey

Financial and Economical Analysis

Financial Data

Balance Sheets

Remarks

Market / Territory Data

Sector Data

Unit