MIRA INFORM REPORT

Report No. :	509542
Report Date :	19.05.2018

IDENTIFICATION DETAILS

Name :	OOO EXPO TRADE
Registered Office :	Farforovsky Post territory 62, Frunzenskiy District, Municipalniy Okrug No. 72, 192236 Saint Petersburg
Country :	Russia
Financials (as on) :	31.12.2013
Date of Incorporation :	10.01.2007
Com. Reg. No.:	OGRN 1079847007492
Legal Form :	Limited Liability Company
Line of Business :	Agents involved in the sale of timber and building materials
No. of Employees :	2 [2018]

RATING & COMMENTS

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

MIRA’s Rating :

D

Credit Rating	Explanation	Rating Comments
D	High Risk	Business dealing not recommended or on secured terms only

Status :	Temporarily Ceased Trading
Payment Behaviour :	--
Litigation :	--

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List

Country Name	Previous Rating (30.09.2017)	Current Rating (31.12.2017)
Russia	A2	A2

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderately Low Risk	B1
Moderate Risk	B2
Moderately High Risk	C1
High Risk	C2
Very High Risk	D

RUSSIA - ECONOMIC OVERVIEW

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

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

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

Source : CIA

SUMMARY
COMPANY NAME	OOO EXPO TRADE
ADDRESS	Building	Street			Area			PO Box
	N/A	Farforovsky Post territory 62			Frunzenskiy District			192236 Saint Petersburg
PHONE	Verified Phone: (+7 911) 725 4544
EMAIL/WEBSITE	Email: bazaltt@inbox.ru / Website: N/A
ACTIVITY	NACE 4613 - Agents involved in the sale of timber and building materials;
PRINCIPAL	Aleksey Andreevich Voronkov					Workforce
	Managing Director					2
LEGAL INFO	Date Of Est.		Reg. No.	Legal Form			Status
	10/01/2007		OGRN 1079847007492	LLC			Temporarily Ceased Trading
CAPITAL	CURRENCY			AMOUNT
	RUBLE (RUB)			10,000

IDENTIFICATION
CO. NAME	OOO EXPO TRADE
ALSO KNOWN NAME (S)	LLC EXPO TRADE / EXPO TRADE Co Ltd
STREET	Farforovsky Post territory 62
AREA	Frunzenskiy District, Municipalniy Okrug No. 72
POSTAL ADDRESS	192236 Saint Petersburg
CITY	Saint Petersburg
COUNTRY	Russia
MOBILES	(+7 911) 725 4544 (Aleksandr Vladimirovich) / (+7 911) 997 9111
TEL/FAX	Subject currently does not use any landline phone or fax.
VERIFIED EMAIL	bazaltt@inbox.ru
REGISTERED ADDRESS	Farforovsky Post territory 62, Frunzenskiy District, Municipalniy Okrug No. 72, 192236 Saint Petersburg, Russia

SENIOR PERSONNEL
MANAGEMENT	NAME	POSITION
	Aleksey Andreevich Voronkov	Managing Director
	Aleksandr Vladimirovich	Sales Manager
WORKFORCE	NO. OF EMPLOYEES	PERIOD
	2	01.2018

FINANCIAL SUMMARY
NOTES	As the Company has temporarily ceased trading, relevant financial information is not available. The following financial highlights as at 31 December 2013 showed (latest available): 31/12/2013 (in RUBLE) ASSETS Total non-current assets 0 Current assets Trade receivables 189,000 Total current assets 189,000 Total Assets 189,000 EQUITY & LIABILITIES Total equity 50,000 Total long-term liabilities 0 Short-term liabilities Accounts payable 139,000 Total short-term liabilities 139,000 Total liabilities and equity 189,000 INCOME STATEMENT Revenue 3,163,000 Cost of sales (3,204,000) Gross profit (41,000) Profit (loss) from sales (41,000) Other income and expenses Other income 2,783,000 Other expenses (2,762,000) Profit (loss) before taxation (20,000) Current income tax (3,000) Net profit (loss) (23,000)
FISCAL YEAR-END	31 December

LEGAL STATUS
INCORPORATION	10/01/2007
REGISTRATION NO.	C.R. NUMBER	ISSUED BY
	OGRN 1079847007492	Federal Tax Service
OTHER REGISTRATION NO.	INN 7811362967 (Tax Code) / KPP 781601001 / OKPO 98574081 (Statistics Code) / OKTMO 40903000000 / OKATO 40296
AUTHORISED CAPITAL	AMOUNT	CURRENCY
	10,000	RUBLE
PAID-UP CAPITAL	AMOUNT	CURRENCY
	10,000	RUBLE
LEGAL FORM	Limited Liability Company
BUSINESS HISTORY	The company was incorporated in Russia on 10 January 2007 and temporarily ceased trading at the end of 2015. However, subject plans to resume its commercial activities in near future.
STATUS	Temporarily Ceased Trading
SHAREHOLDERS	NAME	PERCENTAGE
	Aleksey Andreevich Voronkov Nationality: Russian Tax Code: INN 470603864912	100.00%

OPERATION
BANKERS	1. AO Raiffeisenbank Severnaya Stolitsa Branch Nab. Reki Moyki 36 Saint Petersburg Russia Telephone: (+7 812) 334 4343 SWIFT: RZBMRUMM 2. PJSC Bank Otkritie Financial Corporation Petrovskiy Branch Malaya Konyushennaya Street 16 Saint Petersburg Russia Telephone: (+7 812) 640 1408
ACTIVITY CODE (NACE)	4613 - Agents involved in the sale of timber and building materials;
LINE OF BUSINESS	Trading as exporters and wholesalers of timber and wood railway sleepers.
IMPORT FROM	Subject does not engage in exporting activities.
EXPORTED TO	Israel
FACILITIES	Registered office premises located at the heading address.
RELATED COMPANIES	Associate OOO IN KON Farforovsky Post territory 62, Frunzenskiy District 192236 Saint Petersburg Russia Est.: 03/03/2008 C.R. No.: OGRN 1089847081917 Tax Code: INN 7816435866 Sole Shareholder: Aleksey Andreevich Voronkov

SPECIAL REMARKS
INTERVIEWED	Aleksandr Vladimirovich (Sales Manager).
COMMENTS	You enquired on: EXPO TRADE Co Ltd. Please note that this name applies to subject’s also known as name. Subject’s registered name is as per heading.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 67.96
UK Pound	1	INR 91.88
Euro	1	INR 80.28
RUB	1	INR 1.09

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

INFORMATION DETAILS

Analysis Done by :	NIY
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)

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.