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MIRA
INFORM REPORT
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Report No. : |
499901 |
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Report Date : |
23.03.2018 |
IDENTIFICATION DETAILS
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Name : |
KME GERMANY GMBH & CO. KG |
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Registered Office : |
Klosterstr. 29, D 49074 Osnabrück, Post
Box: 33 20, D 49023 Osnabrück |
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Country : |
Germany |
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Date of Incorporation : |
10.12.2007 |
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Com. Reg. No.: |
HRA 200902 |
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Legal Form : |
Ltd Partnership with Priv. Ltd. Company
as General Partner |
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Line of Business : |
·
Manufacture of other fabricated metal
products n.e.c. ·
Wholesale of iron ores, iron, steel and iron
and steel semi-finished goods ·
Management of holding companies |
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No. of Employees : |
2,042 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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Germany |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
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 2017 Germany reached a budget surplus of 0.7%. 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 2018.
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Source
: CIA |
Company name & address
KME GERMANY GMBH & CO. KG
Company Status: active
Klosterstr. 29
D 49074 Osnabrück
Post Box:
33 20, D 49023 Osnabrück
Telephone:0541/3210
Telefax:
0541/3211366
Homepage: www.kme.com
E-mail: info@kme.com
VAT
no.: DE257040788
Tax
ID number: 66/208/10059
CONCLUSION
Business relations are permissible.
LEGAL FORM Ltd partnership with priv. ltd.
company as general partner
Date of foundation: 10.12.2007
Registered on: 10.12.2007
Register of
companies: Local court 49074 Osnabrück
under: HRA 200902
Total cap. contribution: EUR 100,000,000.00
Limited partner:
KME AG
Klosterstr. 29
D 49074 Osnabrück
Post Box:
33 20, D 49023 Osnabrück
Legal form: Public
limited company
Share capital: EUR
142,743,878.57
Share: EUR 100,000,000.00
Registered on: 18.06.2010
Reg. data: 49074
Osnabrück, HRB 18434
General partner:
KME Germany Bet. GmbH
Klosterstr. 29
D 49074 Osnabrück
Legal form: Private
limited company
Share capital: EUR 1,043,035.44
Registered on: 03.12.1999
Reg. data: 49074 Osnabrück, HRB 19014
Shareholder:
INTEK Group S.p.A
I Firenze
Legal form: Other legal
form
Share: EUR 1,043,035.44
Manager:
Ulrich Becker
Hochfeldstr. 138a
D 47053 Duisburg
born: 14.09.1961
Profession: Fully
qualified merchant
Marital status: married
Manager:
Axel Gerle
D 49186 Bad Iburg
born: 13.02.1978
Proxy:
Peter Vor dem Berge
Meinkerstr. 24
D 49084 Osnabrück
authorized to jointly
represent the company
born: 08.03.1961
Profession: Architect
Marital status: married
Proxy:
Birger Friedrich Rainer
Rotert
Ulrichstr. 5
D 49143 Bissendorf
authorized to jointly
represent the company
born: 12.08.1964
Proxy:
Franz Thiele
D 49479 Ibbenbüren
authorized to jointly
represent the company
born: 04.01.1961
Proxy:
Frank Böert
D 49134 Wallenhorst
authorized to jointly
represent the company
born: 23.12.1958
Profession: Fully
qualified economic
engineer
Proxy:
Dr. Hans-Günther Wobker
D 49565 Bramsche
authorized to jointly
represent the company
born: 01.02.1959
Profession: Engineer
Proxy:
Jürgen Kriesche
D 49186 Bad Iburg
authorized to jointly
represent the company
born: 07.04.1956
Profession: Economic
engineer
Proxy:
Wolfgang Zur Stadt
D 49635 Badbergen
authorized to jointly
represent the company
born: 03.04.1963
Profession: Fully
qualified merchant
Proxy:
Andreas Flint
Vicariuskamp 6
D 49328 Melle
authorized to jointly
represent the company
born: 11.09.1960
Proxy:
Martin Gerlach
D 58636 Iserlohn
authorized to jointly
represent the company
born: 20.06.1966
Proxy:
Norbert Volkmann
D 49074 Osnabrück
authorized to jointly
represent the company
born: 22.02.1956
Proxy:
Alfons Reich
D 58706 Menden
authorized to jointly
represent the company
born: 06.01.1961
Proxy:
Marco Calamia
I Florenz
authorized to jointly
represent the company
born: 16.12.1962
Nationality: Italian
Proxy:
Stephan Meyer
D 49448 Stemshorn
authorized to jointly
represent the company
born: 03.03.1972
Proxy:
Friederike Heitz
Ernst-Sievers-Str. 138
D 49078 Osnabrück
authorized to jointly
represent the company
born: 22.08.1968
Proxy:
Frank Beiderwellen
D 49074 Osnabrück
authorized to jointly
represent the company
born: 05.04.1979
Proxy:
Michael Volland
D 49134 Wallenhorst
authorized to jointly
represent the company
born: 05.03.1972
Proxy:
Michael Zander
D 49074 Osnabrück
authorized to jointly
represent the company
born: 02.09.1966
Proxy:
Dr. Bernhard Hoffmann
D 46395 Bocholt
authorized to jointly
represent the company
born: 27.01.1971
Proxy:
Peter Vor dem Berge
Meinkerstr. 24
D 49084 Osnabrück
authorized to jointly
represent the company
born: 08.03.1961
Profession: Architect
Marital status: married
Proxy:
Birger Friedrich Rainer
Rotert
Ulrichstr. 5
D 49143 Bissendorf
authorized to jointly
represent the company
born: 12.08.1964
Proxy:
Franz Thiele
D 49479 Ibbenbüren
authorized to jointly
represent the company
born: 04.01.1961
Proxy:
Frank Böert
D 49134 Wallenhorst
authorized to jointly
represent the company
born: 23.12.1958
Profession: Fully
qualified economic
engineer
Proxy:
Dr. Hans-Günther Wobker
D 49565 Bramsche
authorized to jointly
represent the company
born: 01.02.1959
Profession: Engineer
Proxy:
Jürgen Kriesche
D 49186 Bad Iburg
authorized to jointly
represent the company
born: 07.04.1956
Profession: Economic
engineer
Proxy:
Wolfgang Zur Stadt
D 49635 Badbergen
authorized to jointly
represent the company
born: 03.04.1963
Profession: Fully
qualified merchant
Proxy:
Andreas Flint
Vicariuskamp 6
D 49328 Melle
authorized to jointly
represent the company
born: 11.09.1960
Proxy:
Martin Gerlach
D 58636 Iserlohn
authorized to jointly
represent the company
born: 20.06.1966
Proxy:
Norbert Volkmann
D 49074 Osnabrück
authorized to jointly
represent the company
born: 22.02.1956
Proxy:
Alfons Reich
D 58706 Menden
authorized to jointly
represent the company
born: 06.01.1961
Proxy:
Marco Calamia
I Florenz
authorized to jointly
represent the company
born: 16.12.1962
Nationality: Italian
Proxy:
Stephan Meyer
D 49448 Stemshorn
authorized to jointly
represent the company
born: 03.03.1972
Proxy:
Friederike Heitz
Ernst-Sievers-Str. 138
D 49078 Osnabrück
authorized to jointly
represent the company
born: 22.08.1968
Proxy:
Frank Beiderwellen
D 49074 Osnabrück
authorized to jointly represent the company
born: 05.04.1979
Proxy:
Michael Volland
D 49134 Wallenhorst
authorized to jointly
represent the company
born: 05.03.1972
Proxy:
Michael Zander
D 49074 Osnabrück
authorized to jointly
represent the company
born: 02.09.1966
Proxy:
Dr. Bernhard Hoffmann
D 46395 Bocholt
authorized to jointly
represent the company
born: 27.01.1971
COMPANY
HISTORY
company name and legal form
10.12.2007 - 28.08.2012 KME Germany AG & Co. KG
Klosterstr. 29
D 49074 Osnabrück
Limited partnership
with public limited
company as gen. part
BUSINESS
ACTIVITIES
Main industrial sector
2599
Manufacture of other fabricated metal products n.e.c.
46721
Wholesale of iron ores, iron, steel and iron and steel semi-finished
goods
Secondary industrial sector
70101
Management of holding companies
BRANCHES
AND FACTORIES
Works:
KME Germany GmbH &
Co. KG
Carl-Benz-Str. 13
D 58706 Menden
TEL.: 02373/161218
PARTICIPATIONS
Limited partner:
KME
Grundstücksgesellschaft AG & Co. KG
Klosterstr. 29
D 49074 Osnabrück
Legal form: Limited
partnership with public
limited
company as gen. part
Company Status: active
Total cap. EUR 500.00
contribution:
Share: EUR 500.00
Reg. data: 23.07.2013
Local court
49074 Osnabrück
HRA 203730
Shareholder:
kabelmetal Messing
Beteiligungsgesellschaft
mit beschränkter Haftung
Klosterstr. 29
D 49074 Osnabrück
Legal form: Private
limited company
Company Status: active
Share capital: EUR 4,514,200.00
Share: EUR 4,514,200.00
Reg. data: 30.08.2013
Local court
49074 Osnabrück
HRB 207649
Shareholder:
BERTRAM'S Gesellschaft
mit beschränkter
Haftung
Knollstr. 12
D 49074 Osnabrück
Legal form: Private
limited company
Company Status: active
Share capital: EUR 300,000.00
Share: EUR 300,000.00
Reg. data: 16.09.2003
Local court
49074 Osnabrück
HRB 21118
Shareholder:
KME Brass Germany GmbH
Miraustr. 10-14
D 13509 Berlin
Post Box:
27 02 55
Legal form: Private
limited company
Company Status: active
Share capital: EUR 50,000.00
Share: EUR 50,000.00
Reg. data: 08.06.2005
Local court
49074 Osnabrück
HRB 21736
Shareholder:
Fricke GmbH
Eichendorffweg 10
D 48268 Greven
Legal form: Private
limited company
Company Status: active
Share capital: EUR 50,000.00
Share: EUR 50,000.00
Reg. data: 24.08.2012
Local court
48565 Steinfurt
HRB 9710
Shareholder:
KME Germany Holding GmbH
Klosterstr. 29
D 49074 Osnabrück
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 25.11.2013
Local court
49074 Osnabrück
HRB 207873
FINANCIAL
INFORMATION
Payment experience: Regular
Negative information: We have no negative
information at hand.
PMI: No significant / relevant
payment experience
information pertaining to
the company
inquired upon is shown in
the Deutscher
Debitoren Monitor
(DDMonitor).
REAL
ESTATE
Type of ownership: Tenant
Address Klosterstr. 29
D 49074 Osnabrück
Real Estate of: KME AG
Type of ownership: Tenant
Address Klosterstr. 29
D 49074 Osnabrück
Land register documents were not available.
BANKERS
Principal banks
COMMERZBANK, 49005 OSNABRÜCK
Sort. code: 26540070
BIC: COBADEFFXXX
DEUTSCHE BANK, 49006 OSNABRÜCK
Sort. code: 26570090
BIC: DEUTDE3B265
FINANCIAL
FIGURES
Financial year: 01.01. - 31.12.
Turnover: 2016 EUR 1,136,719,000.00
2017 *EUR 1,150,000,000.00
further business figures:
Employees:
2,042
The
business figures marked with an asterisk are estimates based on average values in the line of business.
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 65.06 |
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1 |
INR 92.06 |
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Euro |
1 |
INR 80.37 |
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EUR |
1 |
INR 80.21 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
PRA |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.