MIRA INFORM REPORT

Report No. :	510231
Report Date :	25.05.2018

IDENTIFICATION DETAILS

Name :	HANS KOHLER AG

Registered Office :	Claridenstrasse 20, 8002 Zürich/ZH

Country :	Switzerland

Year of Establishment :	1917

Com. Reg. No.:	020.3.915.032-6

Legal Form :	Company Limited by Shares

Line of Business :	· Wholesale of Metals and Metal Ores. · The business activity includes import and wholesale of semi-finished and finished products of stainless steel, industrial.

No. of Employees :	3

RATING & COMMENTS

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

MIRA’s Rating :

Credit Rating

Explanation

Rating Comments

Acceptable Risk

Business dealings permissible with moderate risk of default

Status :	Satisfactory

Payment Behaviour :	Slow but Correct

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)

Switzerland

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

SWITZERLAND - ECONOMIC OVERVIEW

Switzerland, a country that espouses neutrality, is a prosperous and modern market economy with low unemployment, a highly skilled labor force, and a per capita GDP among the highest in the world. Switzerland's economy benefits from a highly developed service sector, led by financial services, and a manufacturing industry that specializes in high-technology, knowledge-based production. Its economic and political stability, transparent legal system, exceptional infrastructure, efficient capital markets, and low corporate tax rates also make Switzerland one of the world's most competitive economies.

The Swiss have brought their economic practices largely into conformity with the EU's to gain access to the Union’s Single Market and enhance the country’s international competitiveness. Some trade protectionism remains, however, particularly for its small agricultural sector. The fate of the Swiss economy is tightly linked to that of its neighbors in the euro zone, which purchases half of Swiss exports. The global financial crisis of 2008 and resulting economic downturn in 2009 stalled demand for Swiss exports and put Switzerland into a recession. During this period, the Swiss National Bank (SNB) implemented a zero-interest rate policy to boost the economy, as well as to prevent appreciation of the franc, and Switzerland's economy began to recover in 2010.

The sovereign debt crises unfolding in neighboring euro-zone countries, however, coupled with economic instability in Russia and other eastern European economies drove up demand for the Swiss franc by investors seeking a safe-haven currency. In January 2015, the SNB abandoned the Swiss franc’s peg to the euro, roiling global currency markets and making active SNB intervention a necessary hallmark of present-day Swiss monetary policy. The independent SNB has upheld its zero interest rate policy and conducted major market interventions to prevent further appreciation of the Swiss franc, but parliamentarians have urged it to do more to weaken the currency. The franc's strength has made Swiss exports less competitive and weakened the country's growth outlook; GDP growth fell below 2% per year from 2011 through 2017.

In recent years, Switzerland has responded to increasing pressure from neighboring countries and trading partners to reform its banking secrecy laws, by agreeing to conform to OECD regulations on administrative assistance in tax matters, including tax evasion. The Swiss government has also renegotiated its double taxation agreements with numerous countries, including the US, to incorporate OECD standards.

Source : CIA

Company Name And Address

HANS KOHLER AG

Operating address:

Claridenstrasse 20 Mailing Address:

8002 Zürich/ZH Postfach 2521

Switzerland/CH 8022 Zürich/ZH

Switzerland/CH

Telephone: +41 44 2071111

Fax: +41 44 2071110

Web site: http://www.kohler.ch

E-mail: mail@kohler.ch

WIN Worldbox No.: CH0001049473

VAT-No.: CHE-105.935.298 MWST

UID-No.: CHE105935298

Profile

Established: 1917

History: 1945: Limited company

1917: Established from Hans Kohler

Line of Business: Consumer goods wholesale

Industry Division: Wholesale trade

Industry-code (NACE): 4672 Wholesale of metals and metal ores

Import/Export: Import

Import purchase: 90,0%

Quality certification: ISO 9001:2008

ISO 14001

ISO 9002/EN 29002 (since 1994)

Banks: CS Credit Suisse

Organisation level: Ultimate Parent

Operational Figures

Coverage: Company

Figures: estimated

Financial year: 2017

Employees: 150

Sales: CHF 80-100 Mio

Branches: 3

Activity

The business activity includes import and wholesale of semi-finished and finished products of stainless steel, industrial. The company is active in the whole Switzerland. The main import countries are: Sweden, Great Britain, France, Germany, Finland.

Brands and products:

- Outokumpu: Hot and cold-rolled sheets and strips

- OSTP: welding fittings, welded pipes

- Nords: Threaded fittings, pipe clamps and cone

- INOXPRES: pipe and press fitting system

- SALZGITTER: Seamless tubes, hollow bars

- RIMEX: Decor sheets

Operations and Branches:

At the address, Claridenstrasse 20, 8002 Zürich, Switzerland, we find office of the company.

The company has offices in Basel, Schlieren and Dietikon.

Real Estate

Real Estate: It is understood that the company owns certain property.

Company Register

Company No: 020.3.915.032-6

UID-No.: CHE105935298

Legal form: Company limited by shares

Registration: 27.01.1945

Legal status: active

Responsible Register: Handelsregister des Kantons Zürich

History: Date of Statutes: 10.05.1962

Date of Statutes: 12.06.1997

Entry Deleted Name

active Hans Kohler AG

Entry Deleted Legal domicile

active Zürich, Switzerland

Entry Deleted Address

active Claridenstrasse 20, 8002 Zürich/ZH, Switzerland/CH

Entry Deleted Capital

active Share Capital CHF 1,000,000, paidup CHF 1,000,000

Entry Deleted Capital Structure

active 1,000 Registered shares of CHF 1,000.--

Entry Deleted Remarks

28.08.2003 Further Address/-es: Güterstrasse 13-15, 8952 Schlieren.

28.08.2003 Further Address/-es: Goldschlägistrasse 21a, 8952 Schlieren.

28.08.2003 Further Address/-es: Giessenstrasse 7, 8952 Schlieren.

Entry Deleted Branches

active Rotterdam-Strasse 15, 4053 Basel/BS, Switzerland/CH

Official Administration

Title Name

President Esslinger, Thomas

Citizen: Zürich, Bülach, Switzerland

Residential address: 8113 Boppelsen/ZH, Switzerland

joint signature of two

Registered since: 02.09.1998

Chief Executive Kohler, Hans R.

Citizen: Zollikon, Liesberg, Switzerland

Residential address: 8700 Küsnacht/ZH, Switzerland

Born: 19.10.1957

joint signature of two

Director Lüdi, Max Paul

Citizen: Heimiswil, Switzerland

Residential address: 6210 Sursee/LU, Switzerland

joint signature of two

Registered since: 05.07.2007

Director Rennhard, Dr. Christoph

Citizen: Böttstein, Switzerland

Residential address: 6265 Roggliswil/LU, Switzerland

joint signature of two

Registered since: 09.05.2005

Management

Title Name

Deputy Director Kälin, Daniel

Citizen: Einsiedeln, Switzerland

Residential address: 8001 Zürich/ZH, Switzerland

joint signature of two

Registered since: 28.08.2006

Deputy Director Vögeli, Martin

Citizen: Zürich, Switzerland

Residential address: 8735 St. Gallenkappel/SG, Switzerland

joint signature of two

Registered since: 18.07.2003

Vice-Director Bergamin, Sascha

Citizen: Vaz/Obervaz, Switzerland

Residential address: Küsnacht/ZH, Switzerland

joint signature of two

Registered since: 13.05.2014

Vice-Director Kündig, Benno

Citizen: Winterthur, Switzerland

Residential address: 5420 Ehrendingen/AG, Switzerland

joint signature of two

Registered since: 29.10.2008

Member with procuration Bosshard, Christian

Citizen: Pfäffikon, Switzerland

Residential address: 8610 Uster/ZH, Switzerland