MIRA INFORM REPORT

 

 

Report No. :

499085

Report Date :

20.03.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

EVONIK RESOURCE EFFICIENCY GMBH

 

 

Registered Office :

Rellinghauser Str. 1-11, D 45128 Essen

 

 

Country :

Germany

 

 

Date of Incorporation :

23.09.2014

 

 

Com. Reg. No.:

HRB 25783

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

·         Other research and experimental development on natural sciences and engineering

·         Other service activities n. e. c.

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd 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 :

No Complaints

 

 

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)

Germany

A1

A1

 

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

 


 

GERMANY - ECONOMIC OVERVIEW

 

The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Like its Western European neighbors, Germany faces significant demographic challenges to sustained long-term growth. Low fertility rates and a large increase in net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms.

 

Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, contributed to strong growth and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II. The German Government introduced a minimum wage in 2015 that increased to $9.79 (8.84 euros) in January 2017.

 

Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's total budget deficit - including federal, state, and municipal - to 4.1% in 2010, but slower spending and higher tax revenues reduced the deficit to 0.8% in 2011 and in 2016 Germany reached a budget surplus of 0.6%. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016, though the target was already reached in 2012.

 

The German economy suffers from low levels of investment, and a government plan to invest 15 billion euros during 2016-18, largely in infrastructure, is intended to spur needed private investment. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela MERKEL announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany plans to replace nuclear power largely with renewable energy, which accounted for 29.5% of gross electricity consumption in 2016, up from 9% in 2000. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its electricity generating capacity and 46% of its base-load electricity production. Domestic consumption, bolstered by low energy prices and a weak euro, and exports are likely to drive German GDP growth again in 2017.

 

Source : CIA

 


NOTE

 

The subject of your inquiry is a branch. We are reporting on the headquarters.

 

 

COMPANY NAME AND ADDRESS

 

EVONIK RESOURCE EFFICIENCY GMBH

 

Company Status:          active

                                    Rellinghauser Str. 1-11

                                    D 45128 Essen

Telephone:                    0201/17701

Telefax:                        0201/1773475

Homepage:                   www.evonik.com

E-mail:                          info@evonik.com

VAT no.:                       DE815528487

 

 

COMPANY SUMMARY

 

Legal Form                   Private limited company

Date of foundation:       23.09.2014

Shareholders'

agreement:                    23.09.2014

Registered on:              0.10.2014

Commercial Register:    Local court 45130 Essen

under:                                       HRB 25783

 

Share capital:                          EUR          1,000,000.00

 

Shareholder:

                     Evonik Degussa GmbH

                     Rellinghauser Str. 1-11

                     D 45128 Essen

                     Legal form: Private limited company

                     Share capital:     EUR        205,625,000.00

                     Share:             EUR          1,000,000.00

                     Registered on: 31.10.2007

                     Reg. data: 45130 Essen, HRB 20227

                     Control and profit transfer agreement

Manager:

                     Dr. Claus Rettig

                     D 45721 Haltern am See

                     authorized to jointly represent the company

                     born: 07.05.1960

                     Profession: Businessman

Manager:

                     Dr. Johannes Ohmer

                     D 63584 Gründau

                     authorized to jointly represent the company

                     born: 26.07.1960

Manager:

                     Alexandra Schwarz

                     D 60306 Frankfurt

                     born: 07.12.1964

Manager:

                     Simone Hildmann

                     D 01824 Königstein

                     authorized to jointly represent the company

                     born: 15.09.1969

President of the Supervisory Board:

                     Dr. Ralph Sven Kaufmann

                     Duisburger Str. 81

                     D 40479 Düsseldorf

Vice-president of the Supervisory Board:

                     Alexandra Krieger

                     D 19399 Langenhagen

Member of the Supervisory Board:

                     Thomas Wessel

                     August-Schmidt-Str. 27

                     D 45701 Herten

                     born: 26.01.1963

                     Profession: Businessman

Member of the Supervisory Board:

                     Ute Wolf

                     D 40210 Düsseldorf

                     born: 25.03.1968

                     Profession: Businessman

Member of the Supervisory Board:

                     Anke Ludwig

                     D 40210 Düsseldorf

                     born: 05.04.1963

Member of the Supervisory Board:

                     Dr. Ludger Diestelmeier

                     D 45127 Essen

Member of the Supervisory Board:

                     Marina Reisch

                     Werderstr. 26

                     D 79618 Rheinfelden

                     born: 07.05.1983

Member of the Supervisory Board:

                     Thomas Hermann

                     D 45128 Essen

                     born: 29.10.1962

Member of the Supervisory Board:

                     Matthias Jakobs

                     D 58300 Wetter

Member of the Supervisory Board:

                     Harald Modler

                     D 44787 Bochum

Member of the Supervisory Board:

                     Frank Münch

                     D 53332 Bornheim

Member of the Supervisory Board:

                     Anke Strüber-Hummelt

                     D 80331 München

                     born: 10.01.1962 in Marl

                     Profession: Chemist

Proxy:

                     Jörg Eichholz

                     Bückelsberg 41

                     D 46286 Dorsten

                     authorized to jointly represent the company

                     born: 22.07.1967

                     Profession: Clerk

                     Marital status: married

Proxy:

                     Dr. Thomas Kreuder

                     D 61348 Bad Homburg

                     authorized to jointly represent the company

                     born: 02.04.1960

                     Marital status: unknown

Proxy:

                     Thomas Müller

                     D 63150 Heusenstamm

                     authorized to jointly represent the company

                     born: 05.08.1957

Proxy:

                     Christoph Leps

                     Dringenburgstr. 16

                     D 45731 Waltrop

                     authorized to jointly represent the company

                     born: 07.10.1965

                     Profession: Solicitor

Proxy:

                     Bernd Eibelshäuser

                     D 53347 Alfter

                     authorized to jointly represent the company

                     born: 27.05.1963

Proxy:

                     Andreas Fischer

                     D 63303 Dreieich

                     authorized to jointly represent the company

                     born: 04.02.1964

                     Profession: Engineer

                     Marital status: unknown

Proxy:

                     Michael Träxler

                     D 64380 Roßdorf

                     authorized to jointly represent the company

                     born: 25.04.1961

Proxy:

                     Jürgen Bialas

                     Storchenring 46

                     D 46145 Oberhausen

                     authorized to jointly represent the company

                     born: 01.11.1963

Proxy:

                     Michael Rudolf Staarmann

                     Wortbergrode 19

                     D 45149 Essen

                     authorized to jointly represent the company

                     born: 26.12.1957

                     Marital status: unknown

Proxy:

                     Dr. Stefan Silber

                     D 47798 Krefeld

                     authorized to jointly represent the company

                     born: 18.12.1963

Proxy:

                     Dr. Gerhard Olbricht

                     D 44787 Bochum

                     authorized to jointly represent the company

                     born: 25.09.1961

Proxy:

                     Dr. Raymund Sonnenschein

                     D 63755 Alzenau

                     authorized to jointly represent the company

                     born: 13.04.1966

Proxy:

                     Matthias Kittler

                     D 10115 Berlin

                     authorized to jointly represent the company

                     born: 04.11.1971

Proxy:

                     Josef Mauel

                     D 53859 Niederkassel

                     authorized to jointly represent the company

                     born: 20.02.1958

Proxy:

                     Michael Lothar Renner

                     D 61348 Bad Homburg

                     authorized to jointly represent the company

                     born: 05.02.1964

Proxy:

                     Ulrich Bormann

                     D 50667 Köln

                     authorized to jointly represent the company

                     born: 28.10.1960

Proxy:

                     Christian Günthert

                     Erzabt-Josef-Koch-Str. 8

                     D 76829 Landau

                     authorized to jointly represent the company

                     born: 21.12.1963

Proxy:

                     Joachim Howaldt

                     D 63739 Aschaffenburg

                     authorized to jointly represent the company

                     born: 31.08.1965

Proxy:

                     Rüdiger Eberhard

                     D 61440 Oberursel

                     authorized to jointly represent the company

                     born: 24.04.1960

Proxy:

                     Dr. Matthias Georg Kottenhahn

                     D 63579 Freigericht

                     authorized to jointly represent the company

                     born: 22.01.1962

Proxy:

                     Dr Udo Kowalczik

                     D 59348 Lüdinghausen

                     authorized to jointly represent the company

                     born: 15.05.1958

Proxy:

                     Thomas Rieche

                     D 65033 Wiesbaden

                     authorized to jointly represent the company

                     born: 01.09.1957

                     Nationality: French

                     Marital status: unknown

Proxy:

                     Roberto Vila-Keller

                     D 45721 Haltern am See

                     authorized to jointly represent the company

                     born: 17.09.1964

Proxy:

                     Walter Weimer

                     Mohrengarten 37

                     D 40822 Mettmann

                     authorized to jointly represent the company

                     born: 07.01.1964

Proxy:

                     Dr Dietmar Wewers

                     D 46236 Bottrop

                     authorized to jointly represent the company

                     born: 27.12.1957

Proxy:

                     Dr. Gerd Löhden

                     D 45128 Essen

                     authorized to jointly represent the company

                     born: 12.04.1965

Proxy:

                     Dr. Ralph Splanemann

                     D 63486 Bruchköbel

                     authorized to jointly represent the company

                     born: 19.04.1963

Proxy:

                     Kai Winterer

                     D 40210 Düsseldorf

                     authorized to jointly represent the company

                     born: 25.08.1968

Proxy:

                     Dr. Cornelius Koke

                     D 40210 Düsseldorf

                     authorized to jointly represent the company

                     born: 31.05.1976

Proxy:

                     Dr. Ralph Marquardt

                     D 60311 Frankfurt

                     authorized to jointly represent the company

                     born: 22.11.1966

Proxy:

                     Sigrid McBain

                     Hans-Böckler-Str. 12

                     D 40476 Düsseldorf

                     authorized to jointly represent the company

                     born: 12.05.1972

Proxy:

                     Dr. Ralf Düssel

                     Bergstr. 19

                     D 45721 Haltern am See

                     authorized to jointly represent the company

                     born: 14.09.1967

Proxy:

                     Claus Barasinski

                     D 68159 Mannheim

                     authorized to jointly represent the company

                     born: 02.12.1962

Proxy:

                     Dr. Steffen Hasenzahl

                     D 63450 Hanau

                     authorized to jointly represent the company

                     born: 11.07.1965

Proxy:

                     Andreas Holenstein

                     CH  Stettfurt

                     authorized to jointly represent the company

                     born: 07.04.1972

                     Nationality: Swiss

Proxy:

                     Dr. Heidi Grön

                     D 60306 Frankfurt

                     authorized to jointly represent the company

                     born: 16.05.1973

                     Marital status: unknown

Proxy:

                     Christian Bender

                     D 64380 Roßdorf

                     authorized to jointly represent the company

                     born: 01.04.1973

Proxy:

                     Christoph Buechling

                     D 46514 Schermbeck

                     authorized to jointly represent the company

                     born: 26.11.1963

Proxy:

                     Dr. Svenja Deich

                     D 40210 Düsseldorf

                     authorized to jointly represent the company

                     born: 08.06.1974

Proxy:

                     Dr. Wolfram Brüchert

                     D 46282 Dorsten

                     authorized to jointly represent the company

                     born: 14.05.1976

Proxy:

                     Dr. Gaetano Blanda

                     D 45721 Haltern am See

                     authorized to jointly represent the company

                     born: 10.01.1971

Proxy:

                     Dr. Bernd Steinmetz

                     D 45721 Haltern am See

                     authorized to jointly represent the company

                     born: 15.11.1969

 

Further functions/participations of Dr. Claus Rettig (Manager)

Member of the Board of Directors:

                     Essener Unternehmensverband e.V.

                     Rolandstr. 7-9

                     D 45128 Essen

                     Legal form: Registered association

                     Registered

                     on:         19.12.1949

                     Reg. data:  45130 Essen, VR 1758

Proxy:

                     Evonik Industries AG

                     Rellinghauser Str. 1-11

                     D 45128 Essen

                     Legal form: Public limited company

                     Share capital:     EUR        466,000,000.00

                     Registered

                     on:         11.10.2006

                     Reg. data:  45130 Essen, HRB 19474

 

Further functions/participations of Dr. Johannes Ohmer (Manager)

Proxy:

                     Evonik Industries AG

                     Rellinghauser Str. 1-11

                     D 45128 Essen

                     Legal form: Public limited company

                     Share capital:     EUR        466,000,000.00

                     Registered

                     on:         11.10.2006

                     Reg. data:  45130 Essen, HRB 19474

 

Further functions/participations of Alexandra Schwarz (Manager)

Member of the Board of Directors:

                     Altenwohnheim der Luthergemeinde

                     Seumestr. 2

                     D 60316 Frankfurt

                     Legal form: Registered association

                     Registered

                     on:         24.08.1970

                     Reg. data:  60313 Frankfurt, VR 5861

Proxy:

                     Evonik Industries AG

                     Rellinghauser Str. 1-11

                     D 45128 Essen

                     Legal form: Public limited company

                     Share capital:     EUR        466,000,000.00

                     Registered

                     on:         11.10.2006

                     Reg. data:  45130 Essen, HRB 19474

 

 

BUSINESS ACTIVITIES

 

Main industrial sector

7219    Other research and experimental development on natural sciences and engineering

9609    Other service activities n. e. c.

 

 

BRANCHES AND FACTORIES

 

Branch:

                     Evonik Resource Efficiency GmbH

                     Rodenbacher Chaussee 4

                     D 63457 Hanau

                     TEL.: 06181/5912532

                     FAX.: 06181/59712532

Branch:

                     Evonik Resource Efficiency GmbH

                     Paul-Baumann-Str. 1

                     D 45772 Marl

                     TEL.: 02365/4902

Branch:

                     Evonik Resource Efficiency GmbH

                     Kirschenallee

                     D 64293 Darmstadt

                     TEL.: 06151/184261

                     FAX.: 06151/18844261

 

 

PARTICIPATIONS

 

Shareholder:

                     Evonik Technology & Infrastructure GmbH

                     Rellinghauser Str. 1-11

                     D 45128 Essen

                     Legal form: Private limited company

                     Company Status: active

                     Share capital:     EUR          1,000,000.00

                     Share:             EUR            200,000.00

                     Reg. data:  26.11.2014

                                 Local court 45130 Essen

                                 HRB 25884

 

 

FINANCIAL INFORMATION

 

Payment experience:                 No complaints

 

Negative information:                We have no negative information at hand.

 

 

REAL ESTATE

 

Type of ownership:                    Tenant

Address                                    Rellinghauser Str. 1-11

                                                D 45128 Essen

 

Land register documents were not available.

 

 

BANKERS

 

A bank connection is unknown.

 

 

FINANCIAL FIGURES

 

Financial year:                            01.01. - 31.12.

Share capital:                            EUR          1,000,000.00

The number of employees is not known.

 

Control and profit transfer agreement to:

                     Evonik Degussa GmbH

                     Rellinghauser Str. 1-11

                     D 45128 Essen
 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 65.04

UK Pound

1

INR 90.55

Euro

1

INR 79.77

Euro

1

INR 80.32 

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

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)

 

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.