|
|
|
MIRA INFORM REPORT
|
Report No. : |
510663 |
|
Report Date : |
31.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
MONTENA
TECHNOLOGY SA |
|
|
|
|
Registered Office : |
Route De Montena 89, 1728
Rossens/FR |
|
|
|
|
Country : |
Switzerland |
|
|
|
|
Date of Incorporation : |
16.07.1997 |
|
|
|
|
Com. Reg. No.: |
217.0.138.538-6 |
|
|
|
|
Legal Form : |
Company Limited by Shares |
|
|
|
|
Line of Business : |
The company specializes
in the generation and measurement of high-voltage fast transient impulses,
simulating natural and human-made electromagnetic phenomena. The company's
core competences include design, development, production and installation of
products and systems for electromagnetic compatibility (EMC) testing. |
|
|
|
|
No. of Employees : |
35-49 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
B |
|
Credit Rating |
Explanation |
Rating Comments |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
Status : |
Moderate |
|
|
|
|
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 |
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 |
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
MONTENA TECHNOLOGY SA
Operating Address:
Route De Montena 89
1728 Rossens/FR
Switzerland/CH
Telephone: +41
264118484
Fax: +41
264111779
Web site: http://www.montena.com
E-mail: products@montena.com
WIN Worldbox No.: CH0000054482
VAT-No.: CHE-108.649.794
TVA
UID-No.: CHE108649794
Profile
Established: 1997
Line of Business: Engineering/Architecture,
Electro technology, Consumer goods wholesale
Industry Division: Services,
Manufacturing, Wholesale trade
Industry-code (NACE): 7112 Engineering activities and related
technical consultancy
2790 Manufacture of other electrical equipment
4652 Wholesale of electronic and
telecommunications equipment and parts
4669 Wholesale of other machinery and
equipment
Import/Export: Export
Banks: BCF
Banque Cantonale de Fribourg
UBS Ltd
CS
Credit Suisse
Operational
Figures
Coverage: Company
Figures: estimated
Financial year: 2018
Employees: 35-49
Activity
The company specializes in the generation and
measurement of high-voltage fast transient impulses, simulating natural and
human-made electromagnetic phenomena. The company's core competences include
design, development, production and installation of products and systems for
electromagnetic compatibility (EMC) testing.
Range of products:
- Test and measurement systems
- Generators / Generator accessories
- Antennas and lines
- Pulse measurement
Operations and Branches:
At the address, route de Montena 89, 1728
Rossens, Switzerland, we find the company's office.
Real
Estate
Real Estate: The
company does not appear to own any property.
Company
Register
Company No: 217.0.138.538-6
UID-No.: CHE108649794
Legal form: Company
limited by shares
Registration: 16.07.1997
Legal status: active
Responsible Register: Handelsregister
des Saane-Bezirkes (FR)
History: Date
of Incorporation Statutes: 26.06.1997
Date
of Statutes: 03.06.2016
Date
of Statutes: 16.05.2011
Date
of Statutes: 04.12.2003
Entry Deleted Name
active Montena
Technology SA
active Montena
Technology Ltd. (Name translated)
active Montena
Technology AG (Name translated)
Entry Deleted Legal domicile
13.01.2016 Gibloux,
Switzerland
17.06.2004 Fribourg,
Switzerland
05.07.2011 13.01.2016 Rossens
(FR), Switzerland
17.06.2004 05.07.2011 Matran,
Switzerland
Entry Deleted Address
05.07.2011 Route
de Montena 89, 1728 Rossens FR/FR, Switzerland/CH
17.06.2004 Route de la Fonderie 8, 1700 Fribourg/FR,
Switzerland/CH
17.06.2004 05.07.2011 Route de la Cornache 1, 1753 Matran,
Switzerland/CH
Entry Deleted Capital
07.06.2016 Share
Capital CHF 250,000, paid up CHF 250,000
Entry Deleted Capital Structure
07.06.2016 2,500
Registered shares of CHF 100.--
07.06.2016 2,500 Bearer shares of CHF 100.--
Official
Administration
Title Name
President Cortes,
José Luis
Citizen:
Spain
Residential
address: Adlikon, Switzerland
joint
signature of two
Registered
since: 20.10.1999
Director Grossenbacher
, Marius
Citizen:
Affoltern im Emmental, Switzerland
Residential
address: Tuggen, Switzerland
joint
signature of two
Registered
since: 05.07.2011
Director Schütt,
Martin
Citizen:
Zollikon, Switzerland
Residential
address: Wohlen bei Bern /BE, Switzerland
joint
signature of two
Registered
since: 20.10.1999
Management
Title Name
Member with signing authority Daout
, Bertrand
Citizen:
Le Locle, Switzerland
Residential
address: Servion, Switzerland
joint
signature of two
Registered
since: 05.07.2011
Member with signing authority Dubey-Wurtz,
Sylvie
Citizen:
Domdidier, Switzerland
Residential
address: 1753 Matran/FR, Switzerland
joint
signature of two
Registered
since: 25.02.2009
Member with signing authority Hirschi
, Werner
Citizen:
Schangnau, Switzerland
Residential
address: Rueyres-les-Prés , Switzerland
joint
signature of two
Registered
since: 05.07.2011
Member with signing authority Volery,
Sandra
Citizen:
Les Montets, Switzerland
Residential
address: Aumont, Switzerland
joint
signature of two
Registered
since: 30.04.2013
Member with signing authority Volery
, François
Citizen:
Les Montets, Switzerland
Residential
address: Cottens /FR, Switzerland
joint
signature of two
Registered
since: 05.07.2011
External
Positions
Title Name
Auditor BDO
SA,
Residential
address: Fribourg, Switzerland
Id:
CHE-320.207.362
Registered
since: 03.03.2015
Ultimate
Parent Company
Name: Genturica
AG
City/Country: Zug/ZG,
Switzerland/CH
Direct
owner/-s
No. of owner/-s: 1
Owner: The
company is domestic owned.
Class: 100%,
directly held
Name: Montena
SA
City/Country: Rossens
FR/FR, Switzerland/CH
Interest: 100,00%
voting right, 100,00% capital interest (since 1997)
Investments
It is believed that the company has no
investments.
Sisters
Name: CFR
properties ag
City/Country: Zürich/ZH,
Switzerland/CH
Financials
Balance sheet publication:
The subject company does not publish balance
sheet or turnover figures.
Legal
Actions
Control
date Year No. Amount
CHF Status
11.08.2016 2016 0 Legal
actions
31.12.2015 2015 0 Legal
actions
31.12.2014 2014 0 Legal
actions
31.12.2013 2013 0 Legal
actions
31.12.2011 2011 0 Legal
actions
31.12.2010 2010 0 Legal
actions
31.12.2009 2009 0 Legal
actions
31.12.2008 2008 1 1,539,160-- Opposition filed
No legal actions determined.
An updated legal action check is only available
against proof of interest. e.g. a copy of an enquiry letter, and order or
invoice relating to the subject company.
Sanctions
List
We did not find the company included on the
various international sanctions lists, such as the OFAC (Office of Foreign
Assets Control), the BIS (Bureau of Industry and Security), the European Union
Restrictive measures (sanctions) list, the Export Control Organisation (ECO) of
the UK, the Australian Department of Foreign Affairs and Trade.
Credit
Information
Financial Statements: The
company does not disclose any financial statements. Third parties are not
permitted any insight into the financial affairs. It is therefore difficult to
make a proper assessment of the actual situation.
Financial Situation: The
financial situation is difficult to assess.
Payment experiences: Payments are
made with arranged conditions.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 67.63 |
|
|
1 |
INR 89.70 |
|
Euro |
1 |
INR 78.20 |
|
CHF |
1 |
INR 68.31 |
Note:
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRI |
|
|
|
|
Report Prepared
by : |
NIT |
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.