Severstal OAO


Subscriber No: 419152006, Reference: Anastasiya Makeeva
Delivery Date: Sep 27, 2010

Identification & Summary

Summarise

Identification & Summary

Identification

DUNS: 64-516-6489
(Former Name: Cherepovetski Metallurgicheski Kombinat GP)
Address: 30 Mira ul.
Cherepovets 162608 Vologodskaya oblast
RUSSIAN FEDERATION
Telephone: 78202 530909
78202 532243
78202 533644
78202 530900
78202 533343
Telefax: 78202 530915
78202 533343
E-mail Address: severstal@stal.ru
Web Address: www.severstal.ru

Summary

Started: 1955
Year Inc: 2002
Legal Form: Public Joint Stock Company
Reg No: 1023501236901
Govt Gaz No: 00186217
Employs: 23,044
SIC: 3325
Activity: Operates steel foundries
 
 

Risk Summary

   
  (Click on Risk Summary items for full details)    
 
Risk Evaluation
   
 
Risk Indicator 3
 
 
D&B Rating 5A3
 
 
Trend Even
 
 
Avg Credit 65,342,961 USD
 
 
Principal Information
   
 
Principal(s) 10
 
 
Payment Information
   
 
Payments Variable
 
 
Financial Summary
   
 
Registered Capital 10,077,000 ROU
 
 
Sales/Turnover 96,149,739,000 ROU
 
 
Tangible Net Worth 324,825,124,000 ROU
 
 
Total Assets 512,555,799,000 ROU
 
 
Pre-Tax Profit 16,770,855,000 ROU
 

CURRENCY
All monetary amounts quoted in this report are shown in Russian Rouble unless otherwise stated.

Risk Assessment

 
  Risk Indicator 3  
 
 
  D&B Rating 5A3  
  Financial Strength 5A Based on tangible net worth  
  Risk Indicator 3 Fair (slightly greater than average risk)  

The Dun & Bradstreet Rating of 5A3 indicates:
  A Financial Strength of USD 60+ million (based on Net Worth) and a Risk Indicator which is Fair (slightly greater than average risk).
top

Principals

Summarise

Principals


Name: Richard Nigel Clark  Christopher
Position: Chairman of the board
Born: 1942
   
Name: Anatoli Nikolaevich  Kruchinin
Position: Member of the board
Born: 1960
   
Name: Sergei Aleksandrovich  Kuznetsov
Position: Member of the board
Born: 1971
   
Name: Aleksei Aleksandrovich  Mordashov
Position: Member of the board
  Director general
Born: 1965
   
Name: Kraljic  Peter
Position: Member of the board
Born: 1939
   
Name: Mikhail Vyacheslavovich  Noskov
Position: Member of the board
Born: 1963
   
Name: Angle  Martin
Position: Member of the board
Born: 1950
   
Name: Wilhelm Heinrich Stomberg  Rolf
Position: Member of the board
Born: 1940
   
Name: Michael Freeman  Ronald
Position: Member of the board
Born: 1939
   
Name: Valeri Veniaminovich  Valandin
Position: Chief accountant
Born: 1969
top

Bankers

Summarise

Bankers


Bank Name: Sberbank Rossii OAO
Address: 19 ul.Vavilova, 117997, Moscow, RUSSIAN FEDERATION
Account No: 40702810500020106368
   
Bank Name: Metallurgicheski Kommercheski BANK OAO
Address: 57 ul.Krasnodontsev, 162623, Cherepovets, RUSSIAN FEDERATION
Account No: 40702810500000000766
   
Bank Name: Metallurgicheski Kommercheski BANK OAO
Address: 57 ul.Krasnodontsev, 162623, Cherepovets, RUSSIAN FEDERATION
Account No: 47416810800000000001
   
Bank Name: Yunikredit BANK ZAO
Address: 9 nab.Prechistenskaya, 119034, Moscow, RUSSIAN FEDERATION
Account No: 40702810700010006741
   
Bank Name: Yunikredit BANK ZAO
Address: 9 nab.Prechistenskaya, 119034, Moscow, RUSSIAN FEDERATION
Account No: 47409810100010593532
   
Bank Name: Yunikredit BANK ZAO
Address: 9 nab.Prechistenskaya, 119034, Moscow, RUSSIAN FEDERATION
Account No: 47409810500010460427
   
Bank Name: Yunikredit BANK ZAO
Address: 9 nab.Prechistenskaya, 119034, Moscow, RUSSIAN FEDERATION
Account No: 47409810700010228977
   
Bank Name: KB Alba Alyans OOO
Address: 41 ul.Kalyazinskaya, 141900, Taldom, RUSSIAN FEDERATION
Account No: 40702810000000010513
   
Bank Name: AKB Rosbank OAO
Address: 11 ul.Mashi Poryvaevoi, 107078, Moscow, RUSSIAN FEDERATION
   
Bank Name: BSZHV ZAO
Address: 2 nab.Yakimanskaya, 119180, Moscow, RUSSIAN FEDERATION
Account No: 40702810000001091101
   
Bank Name: MDM-BANK OAO
Address: nab.Kotelnicheskaya, 33, str.1, 115172, Moscow, RUSSIAN FEDERATION
Account No: 40702810000010021431
   
Bank Name: ING BANK (EURASIA) ZAO
Address: 36 ul.Krasnoproletarskaya, 127473, Moscow, RUSSIAN FEDERATION
Account No: 40702810300001000857
   
Bank Name: ING BANK (EURASIA) ZAO
Address: 36 ul.Krasnoproletarskaya, 127473, Moscow, RUSSIAN FEDERATION
Account No: 40702810902001000857
   
Bank Name: DEUTSCHE BANK OOO
Address: ul.Sadovnicheskaya, 82, str.2, 115035, Moscow, RUSSIAN FEDERATION
   
Bank Name: Kommertsbank (EURASIA) ZAO
Address: nab.Kadashevskaya, 14, korp.2, 119017, Moscow, RUSSIAN FEDERATION
Account No: 40702810800002000958
   
Bank Name: Kalion Rusbank ZAO
Address: 12 prospekt Nevski, 191186, St. Petersburg, RUSSIAN FEDERATION
   
Bank Name: VTB 24 (zao)
Address: 35 ul.Myasnitskaya, 101000, Moscow, RUSSIAN FEDERATION
Account No: 40702810316000003995
   
Bank Name: Drezdner BANK ZAO
Address: 23 ul.M Morskaya, 190000, St. Petersburg, RUSSIAN FEDERATION
   
Bank Name: TKB (zao)
Address: 27/35 ul.Vorontsovskaya, 109147, Moscow, RUSSIAN FEDERATION
   
Bank Name: Korolevski BVNK Shotlandii ZAO
Address: ul.Bolshaya Nikitskaya, 17, str.1, 125009, Moscow, RUSSIAN FEDERATION
Account No: 40702810100005020026
   
Bank Name: AKB Investtorgbank (oao)
Address: 45 ul.Dubininskaya, 115054, Moscow, RUSSIAN FEDERATION
   
Bank Name: KB Rosprombank (ooo)
Address: ul.Myasnitskaya, 35, str.2, 101990, Moscow, RUSSIAN FEDERATION
Account No: 40702810300000000110
   
Bank Name: BANK Vestlb Vostok (zao)
Address: ul.Povarskaya, 23, str.4, 121069, Moscow, RUSSIAN FEDERATION
Account No: 40702810600000000098
   
Bank Name: BANK Zenit OAO
Address: 9 per.Banny, 129110, Moscow, RUSSIAN FEDERATION
   
Bank Name: KB Mezhregionalny Pochtovy BANK OOO
Address: ul.Staraya Basmannaya, 22, str.1, 107066, Moscow, RUSSIAN FEDERATION
   
Bank Name: KB LOKO-BANK (zao)
Address: 14 ul.Gospitalnaya, 111250, Moscow, RUSSIAN FEDERATION
Account No: 40702810500000544000
   
Bank Name: Baltinvestbank OAO
Address: 1 Liter A ul.Divenskaya, 197101, St. Petersburg, RUSSIAN FEDERATION
   
Bank Name: Raiffaizenbank ZAO
Address: ul.Troitskaya, 17, str.1, 129090, Moscow, RUSSIAN FEDERATION
Account No: 40702810000001400488
   
Bank Name: Rusuniversalbank (ooo)
Address: Maly Kazenny per., 14, str.1, 103064, Moscow, RUSSIAN FEDERATION
   
Bank Name: Natiksis BANK (zao)
Address: ul.1-Ya Tverskaya-Yamskaya, 23, str.1, 125047, Moscow, RUSSIAN FEDERATION
Account No: 40702810400000000172
   
Bank Name: BNP Pariba ZAO
Address: per.Bolshoi Gnezdnikovski, 1, str.2, 125009, Moscow, RUSSIAN FEDERATION
Account No: 40702810700000103001
top

TRADE PAYMENTS

Summarise

TRADE PAYMENTS

Informants report that subject's payment record is variable.
top

Public Record Information

Summarise

Public Record Information

Protested Bills

No protested bills have been reported.
top

History

Summarise

History

Background

Business started in Aug 24, 1955 as a Public Joint Stock Company.

Subject's name was changed from 'Cherepovetski Metallurgicheski Kombinat GP' on Sep 24, 1993.

Subject's name was changed from 'Severstal AOOT' on May 17, 1996.

Legal Form

Public Joint Stock Company registered on Jul 31, 2002 in Cherepovets.
 
Registration No: 1023501236901
Government Gazette No: 00186217
Tax Registration No: 3528000597

References

last entry with Companies Registry on June 22, 2007
 
Auditors: KPMG ZAO, 18 S, nab. Krasnopresnenskaya, Moscow 123317

Capital

Nominal capital: 10,077,000 Russian Rouble
Paid-Up capital: Not disclosed
top

Linkage

Summarise

Linkage

Ownership

Name: Other shareholders
Ownership: Holds 35.58% of the voting capital.
   
Name: Loranel Limited (Cyprus)
Ownership: Holds 19.99% of the voting capital.
Shareholder DUNS: 56-549-1708
   
Name: Astroshine Limited (Cyprus)
Ownership: Holds 19.99% of the voting capital.
Shareholder DUNS: 56-549-1713
   
Name: Pearlgreen Limited (Cyprus)
Ownership: Holds 15.03% of the voting capital.
Shareholder DUNS: 56-549-1711
   
Name: Rayglow Limited (Cyprus)
Ownership: Holds 9.41% of the voting capital.
Shareholder DUNS: 56-549-1780
   
Name: DEUTSCHE BANK OOO (Nominee on behalf of investors)
Ownership: Is a principal shareholder.
Shareholder DUNS: 63-322-6089

Subsidiaries

Name: Severstal SMTS-Kolpino ZAO
Location: St. Petersburg, Russian Fed
Subsidiary DUNS: 68-336-2338
Details: Year started: 2007.
Subject owns 100% of the capital.
   
Name: SSM - Tyazhmash OOO
Location: Vologodskaya obl., Russian Fed
Subsidiary DUNS: 56-550-0829
Details: Year started: 2002.
Subject owns 100% of the capital.
   
Name: Severstal Stalnye Resheniya ZAO
Location: Vologodskaya obl., Russian Fed
Subsidiary DUNS: 68-251-2071
Details: Year started: 2007.
Subject owns 100% of the capital.
   
Name: Sheksna-PHARMA OOO
Location: Vologodskaya obl., Russian Fed
Subsidiary DUNS: 35-454-8189
Details: Year started: 1997.
Subject owns 100% of the capital.
   
Name: Avtoalyans OOO
Location: Moscow, Russian Fed
Subsidiary DUNS: 35-964-8903
Details: Year started: 2003.
Subject owns 100% of the capital.
   
Name: Severstal-Metiz OAO
Location: Vologodskaya obl., Russian Fed
Subsidiary DUNS: 56-542-7853
Details: Year started: 2004.
Subject owns 100% of the capital.
   
Name: Aviapredpriyatie Severstal OOO
Location: Vologodskaya obl., Russian Fed
Subsidiary DUNS: 35-921-5077
Details: Year started: 2001.
Subject owns 100% of the capital.
   
Name: Severo - Zapad Ogneupor OOO
Location: Vologodskaya obl., Russian Fed
Subsidiary DUNS: 35-952-8263
Details: Year started: 2003.
Subject owns 100% of the capital.
   
Name: Severstal TPZ - Sheksna ZAO
Location: Vologodskaya obl., Russian Fed
Subsidiary DUNS: 68-349-1894
Details: Year started: 2007.
Subject owns 100% of the capital.
   
Name: TSOF Severnaya OOO
Location: Kemerovskaya obl., Russian Fed
Subsidiary DUNS: 35-482-5132
Details: Year started: 2004.
Subject owns 100% of the capital.
   
Name: IK Kuzbassugol OOO
Location: Kemerovskaya obl., Russian Fed
Subsidiary DUNS: 35-479-7098
Details: Year started: 2004.
Subject owns 100% of the capital.
   
Name: Dzerzhinski Elektrometallurgicheski Zavod OOO
Location: Nizhegorodskaya obl., Russian Fed
Subsidiary DUNS: 68-254-6771
Details: Year started: 2007.
Subject owns 100% of the capital.
   
Name: Olkon-Invest OOO
Location: Murmanskaya obl., Russian Fed
Subsidiary DUNS: 35-966-6945
Details: Year started: 2004.
Subject owns 100% of the capital.
   
Name: Severstal-Sortovoi Zavod Balakovo ZAO
Location: Saratovskaya obl., Russian Fed
Subsidiary DUNS: 68-358-2312
Details: Year started: 2008.
Subject owns 100% of the capital.
   
Name: Kholdingovaya Gornaya Kompaniya OOO
Location: Vologodskaya obl., Russian Fed
Subsidiary DUNS: 35-475-7902
Details: Year started: 2003.
Subject owns 100% of the capital.
   
Name: ITZ ZAO
Location: St. Petersburg, Russian Fed
Subsidiary DUNS: 35-461-8254
Details: Year started: 1998.
Subject owns 100% of the capital.
   
Name: RIK OOO
Location: Vologodskaya obl., Russian Fed
Subsidiary DUNS: 36-347-0536
Details: Year started: 2009.
Subject owns 100% of the capital.
   
Name: Severstal-Mebel OOO
Location: Vologodskaya obl., Russian Fed
Subsidiary DUNS: 56-556-4135
Details: Year started: 2001.
Subject owns 100% of the capital.
   
Name: Severstalskrap - KOMI OOO
Location: Komi (respublika), Russian Fed
Subsidiary DUNS: 35-589-9435
Details: Year started: 2003.
Subject owns 100% of the capital.
   
Name: Severstal-Proekt OOO
Location: Vologodskaya obl., Russian Fed
Subsidiary DUNS: 53-180-1251
Details: Year started: 2002.
Subject owns 100% of the capital.
   
Name: Energoremont OOO
Location: Vologodskaya obl., Russian Fed
Subsidiary DUNS: 53-120-1171
Details: Year started: 2000.
Subject owns 99.99% of the capital.
   
Name: Petrovtormet OOO
Location: Kareliya (respublika), Russian Fed
Subsidiary DUNS: 35-610-1684
Details: Year started: 2003.
Subject owns 99.01% of the capital.
   
Name: Elektroremont OOO
Location: Vologodskaya obl., Russian Fed
Subsidiary DUNS: 53-120-0710
Details: Year started: 2002.
Subject owns 93.29% of the capital.
   
Name: Severny Niobi OOO
Location: Chelyabinskaya obl., Russian Fed
Subsidiary DUNS: 35-891-4473
Details: Year started: 2001.
Subject owns 81% of the capital.
   
Name: UM-1 OAO
Location: Vologodskaya obl., Russian Fed
Subsidiary DUNS: 35-828-6669
Details: Year started: 1992.
Subject owns 75.14% of the capital.
   
Name: Spetsmontazh OOO
Location: Vologodskaya obl., Russian Fed
Subsidiary DUNS: 53-180-2598
Details: Year started: 2003.
Subject owns 75% of the capital.
   
Name: Severgal ZAO
Location: Vologodskaya obl., Russian Fed
Subsidiary DUNS: 36-646-1171
Details: Year started: 2002.
Subject owns 74.99% of the capital.
   
Name: UAZ OAO
Location: Ulyanovskaya obl., Russian Fed
Subsidiary DUNS: 63-320-0407
Details: Year started: 1992.
Subject owns 66.07% of the capital.
   
Name: OREL-RUDA OAO
Location: Orlovskaya obl., Russian Fed
Subsidiary DUNS: 35-905-1692
Details: Year started: 2001.
Subject owns 51% of the capital.

Affiliates

The following are related through principal(s) and/or financial interest(s):
 
Name: Gazeta Kurer OOO
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 35-444-9257
Details: Year started: 1994.
Subject has a 50% share interest.
   
Name: Kovnii OOO
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 35-436-0236
Details: Year started: 2002.
Subject has a 50% share interest.
   
Name: Alyans-1420 ZAO
Location: Nizhegorodskaya obl., Russian Fed
Affiliate DUNS: 35-921-8775
Details: Year started: 2001.
Subject has a 50% share interest.
   
Name: Niieir OAO
Location: Moscow, Russian Fed
Affiliate DUNS: 35-997-2244
Details: Year started: 1994.
Subject has a 45.1% share interest.
   
Name: Zavod SPU OAO
Location: St. Petersburg, Russian Fed
Affiliate DUNS: 35-430-2117
Details: Year started: 1994.
Subject has a 42.68% share interest.
   
Name: NEV-Severstal ZAO
Location: St. Petersburg, Russian Fed
Affiliate DUNS: 35-739-9618
Details: Year started: 1994.
Subject has a 38% share interest.
   
Name: Andranik OOO
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 35-569-3643
Details: Year started: 1995.
Subject has a 27.65% share interest.
   
Name: ER Likid Severstal ZAO
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 35-491-4823
Details: Year started: 2005.
Subject has a 25% share interest.
   
Name: NPO Vologdapromresurs ZAO
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 35-739-2043
Details: Year started: 1994.
Subject has a 25% share interest.
   
Name: Spetsmeteksport ZAO
Location: Moscow, Russian Fed
Affiliate DUNS: 35-711-2256
Details: Year started: 1993.
Subject has a 25% share interest.
   
Name: Teplostroi OAO
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 35-432-2330
Details: Year started: 1992.
Subject has a 23% share interest.
   
Name: Tekhsnab AS
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 35-569-3200
Details: Year started: 1992.
Subject has a 21.73% share interest.
   
Name: Severstalstroikhim ZAO
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 35-659-2284
Details: Year started: 1993.
Subject has a 20% share interest.
   
Name: MP-OOO Tsentr Ekonomicheskikh Issledovani
Location: Moscow, Russian Fed
Affiliate DUNS: 35-703-0294
Details: Year started: 1991.
Subject has a 16.86% share interest.
   
Name: Metkombank OAO
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 36-594-8400
Details: Year started: 1990.
Subject has a 16.57% share interest.
   
Name: TV-Transmit OOO
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 35-449-4851
Details: Year started: 1992.
Subject has a 13.64% share interest.
   
Name: Induktor OOO
Location: St. Petersburg, Russian Fed
Affiliate DUNS: 49-977-0089
Details: Year started: 1994.
Subject has a 5.62% share interest.
   
Name: Asmet ZAO
Location: Moscow, Russian Fed
Affiliate DUNS: 64-493-8979
Details: Year started: 1995.
Subject has a 4% share interest.
   
Name: Severshtamp OOO
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 53-180-1202
Details: Year started: 2003.
Subject has a 1% share interest.
   
Name: TSZH Sheksninski
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 68-323-1519
Details: Year started: 2007.
   
Name: TSZH Izhora
Location: Leningradskaya obl., Russian Fed
Affiliate DUNS: 68-235-7362
Details: Year started: 2007.
   
Name: TSZH Slavutich
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 68-349-0992
Details: Year started: 2007.
   
Name: TSZH Berkut
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 68-349-2054
Details: Year started: 2007.
   
Name: NU Meditsinski Tsentr Rodnik
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 35-436-1708
Details: Year started: 2002.
   
Name: TSZH Grand
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 68-251-1412
Details: Year started: 2007.
   
Name: TSZH Spektr
Location: Vologodskaya obl., Russian Fed
Affiliate DUNS: 68-251-2369
Details: Year started: 2007.
top

Branches / Divisions

Summarise

Branches / Divisions


Subject has 4 branches/divisions.
 
Name: Filial OAO Severstal Moscow
Location: 2/3, Klary Tsetkin ul., Moscow, 125299, Russian Fed.
Branch/Division DUNS: 49-932-5909
   
Name: Predstavitelstvo OAO Severstal
Location: of. 3238, Novy pr., Togliatty, 445904, Russian Fed.
Branch/Division DUNS: 68-578-1519
   
Name: Predstavitelstvo OAO Severstal Kiev
Location: 6, Raevskogo ul., Kiev, Ukraine.
   
Name: Predstavitelstvo OAO Severstal N.Novgorod
Location: 115, Lenina pr., Nizhni Novgorod, 603004, Russian Fed.
Branch/Division DUNS: 68-578-8715
top

Operations

Summarise

Operations

Line of Business

Operates steel foundries (3325)
 
Manufacture of steel: hot-rolled, cold-rolled, sectional iron and galvanized iron.
In Russian Fed subject is considered to be a large business in this field.

Imports and Exports

Territory: 43% International
Exports: 43% to Albania, Algeria, Azerbaijan, Argentina, Austria, Armenia, Belgium, Brazil, Bulgaria, Chile, China, Taiwan, Colombia, Costa Rica, Croatia, Czech Republic, Denmark, Dominican Rep, Ecuador, El Salvador, Estonia, Finland, France, Germany, Greece, Guatemala, Haiti, Hungary, India, Indonesia, Iran, Israel, Italy, Kazakhstan, Jordan, South Korea (Republic of), Kirghizia, Latvia, Lithuania, Malaysia, Mexico, Moldova, Morocco, Nicaragua, Nigeria, Norway, Pakistan, Panama, Phillipines, Poland, Portugal, Romania, Saudi Arabia, Singapore, Slovakia, Vietnam, Slovenia, Spain, Sudan, Sweden, Switzerland, Syria, Trinidad and Tobago, U A E (Not used), Turkey, Turkmenistan, Ukraine, Egypt, England, U S A, Uruguay, Uzbekistan
Imports: from Austria, Belgium, Belorussia, China, Czech Republic, Estonia, Finland, France, Germany, Greece, Hungary, India, Italy, Japan, Kazakhstan, Latvia, Lithuania, Luxembourg, Mongolia, Netherlands, Norway, Poland, Romania, Slovakia, Slovenia, South Africa, Spain, Sweden, Turkey, Ukraine, Former Yugoslav Rep of Macedonia, England, U S A

Employees

Employs: 23,044 as at Jun 30, 2010

Contracts

Subject has current contracts valued at 3,634,600 Russian Rouble
Subject has current contract valued at 2,226,600 Russian Rouble with Universitet Grazhdanskoi Aviatsii for the Providing food and meals to SPb GUGA students during Summer practice period..Subject has current contract with Universitet Grazhdanskoi Aviatsii for the Providing food and meals to SPb GUGA students during Summer practice period..The project is located at Cherepovets in Russian Fed.The project is due for completion on 2010-12-01.Subject has current contract valued at 1,408,000 Russian Rouble with Universitet Grazhdanskoi Aviatsii for the Providing food and meals to SPb GUGA students during Summer practice period..Subject has current contract with Universitet Grazhdanskoi Aviatsii for the Providing food and meals to SPb GUGA students during Summer practice period..The project is located at Cherepovets in Russian Fed.The project is due for completion on 2010-12-01.

Location

Operates from owned complex at heading address.
Registered office: At heading address.
top

Financial Information

Summarise

Financial Information

Trend of Turnover & Pre-Tax Profit


Trend of key balance sheet items


 

Net Worth and Total Assets are tangible figures shown after the deduction of intangible assets.

Comparatives


  Fiscal
Dec 31, 2008
( Russian Rouble)
Fiscal
Dec 31, 2009
( Russian Rouble)
Interim
Jun 30, 2010
( Russian Rouble)
Turnover 243,634,737,000 143,568,222,000 96,149,739,000
Pre-tax Profit 52,820,530,000 5,772,371,000 16,770,855,000
Net Worth 309,553,135,000 311,399,266,000 324,825,124,000
Fixed Assets 72,616,879,000 71,384,559,000 77,157,555,000
Total Assets 466,514,165,000 477,994,307,000 512,555,799,000
Current Assets 118,348,271,000 113,671,562,000 130,635,021,000
Current Liabilities 43,680,216,000 39,524,650,000 58,083,764,000
Working Capital 74,668,055,000 74,146,912,000 72,551,257,000
Long Term Debt 113,280,814,000 127,070,391,000 129,646,911,000
Financial Assets 275,549,015,000 292,938,186,000 304,763,223,000
Intangibles 11,656,000 30,566,000 35,316,000
Net Worth and Total Assets are tangible figures shown after the deduction of intangible assets.

  Fiscal
Dec 31, 2005
( Russian Rouble)
Fiscal
Dec 31, 2006
( Russian Rouble)
Fiscal
Dec 31, 2007
( Russian Rouble)
Turnover 143,111,940,000 160,239,297,000 193,470,255,000
Pre-tax Profit 46,018,311,000 47,442,846,000 57,170,161,000
Net Worth 110,134,926,000 284,175,911,000 305,969,120,000
Fixed Assets 47,355,779,000 57,851,715,000 62,078,039,000
Total Assets 165,194,549,000 336,257,588,000 355,844,543,000
Current Assets 77,232,425,000 102,460,510,000 94,702,983,000
Current Liabilities 12,274,530,000 23,148,259,000 24,809,446,000
Working Capital 64,957,895,000 79,312,251,000 69,893,537,000
Long Term Debt 42,785,093,000 28,933,418,000 25,065,977,000
Financial Assets 40,606,345,000 175,945,363,000 199,063,521,000
Intangibles 1,551,000 1,809,000 3,312,000
Net Worth and Total Assets are tangible figures shown after the deduction of intangible assets.

Ratios


  Dec 31, 2008 Dec 31, 2009 Jun 30, 2010
Current Ratio 2.71 2.88 2.25
Solvency Ratio (%) 150.71 153.50 157.79
Fixed Assets / Net Worth (%) 23.46 22.92 23.75
Current Liabs / Net Worth (%) 14.11 12.69 17.88
Asset Turnover (%) 52.22 30.04 18.76
Assets / Sales (%) 191.48 332.94 533.08
Profit Margin (%) 21.68 4.02 17.44
Shareholders Return (%) 17.06 1.85 5.16
Return on Assets (%) 11.32 1.21 3.27

  Dec 31, 2005 Dec 31, 2006 Dec 31, 2007
Current Ratio 6.29 4.43 3.82
Solvency Ratio (%) 149.99 118.33 116.30
Fixed Assets / Net Worth (%) 43.00 20.36 20.29
Current Liabs / Net Worth (%) 11.14 8.15 8.11
Asset Turnover (%) 86.63 47.65 54.37
Assets / Sales (%) 115.43 209.85 183.93
Profit Margin (%) 32.16 29.61 29.55
Shareholders Return (%) 41.78 16.69 18.68
Return on Assets (%) 27.86 14.11 16.07

Balance Sheet

Abstract from individual fiscal balance sheet.
 
Assets As at Dec 31, 2008
( Russian Rouble)
As at Dec 31, 2009
( Russian Rouble)
As at Jun 30, 2010
( Russian Rouble)
Fixtures/Eqpt 63,629,095,000 60,154,380,000 64,546,009,000
Under Construct’n 8,970,351,000 10,949,781,000 12,082,717,000
Misc Fixed Assets 17,433,000 280,398,000 528,829,000
Total Fixed Assets 72,616,879,000 71,384,559,000 77,157,555,000
 
Investments 274,635,970,000 291,824,996,000 303,875,225,000
Misc Fin’cl Assets 913,045,000 1,113,190,000 887,998,000
Total Fin’cl Assets 275,549,015,000 292,938,186,000 304,763,223,000
 
Misc Intangible Assets 11,656,000 30,566,000 35,316,000
Total Intangible Assets 11,656,000 30,566,000 35,316,000
 
CURRENT ASSETS
Stock & WIP 22,104,255,000 21,971,272,000 27,065,844,000
Trade Debtors 25,363,098,000 21,588,309,000 33,404,370,000
Cash 23,890,033,000 21,947,427,000 20,583,827,000
Tax Recoverable 1,920,314,000 2,366,115,000 2,643,215,000
Misc Current Assets 45,070,571,000 45,798,439,000 46,937,765,000
 
TOTAL CURRENT 118,348,271,000 113,671,562,000 130,635,021,000
 
TOTAL ASSETS   466,525,821,000   478,024,873,000   512,591,115,000
 
Liabilities As at Dec 31, 2008
( Russian Rouble)
As at Dec 31, 2009
( Russian Rouble)
As at Jun 30, 2010
( Russian Rouble)
Capital 10,077,000 10,077,000 10,077,000
Legal Reserves 161,264,765,000 161,264,765,000 161,264,765,000
Retained Profits 148,289,445,000 150,154,486,000 163,585,094,000
Misc Reserves 504,000 504,000 504,000
Net Worth 309,564,791,000 311,429,832,000 324,860,440,000
 
Mortgages/Loans 109,317,784,000 122,864,391,000 125,025,504,000
Misc Def Liabilities   3,963,030,000   4,206,000,000   4,621,407,000
 
CURRENT LIABILITIES
Trade Creditors 20,005,859,000 19,762,973,000 32,740,741,000
Bank Overdraft 17,835,463,000 18,244,469,000 24,122,789,000
Owed to Members 3,777,713,000 169,248,000 165,612,000
Advances Received 3,363,000    
Misc Current Liabilities 2,057,818,000 1,347,960,000 1,054,622,000
 
TOTAL CURRENT 43,680,216,000 39,524,650,000 58,083,764,000
 
TOTAL LIABS & NET WORTH   466,525,821,000   478,024,873,000   512,591,115,000

Assets As at Dec 31, 2005
( Russian Rouble)
As at Dec 31, 2006
( Russian Rouble)
As at Dec 31, 2007
( Russian Rouble)
Fixtures/Eqpt 29,147,985,000 47,321,733,000 56,923,096,000
Under Construct’n 18,207,794,000 10,518,478,000 5,140,805,000
Misc Fixed Assets   11,504,000 14,138,000
Total Fixed Assets 47,355,779,000 57,851,715,000 62,078,039,000
 
Investments 40,465,595,000 175,680,088,000 198,683,436,000
Misc Fin’cl Assets 140,750,000 265,275,000 380,085,000
Total Fin’cl Assets 40,606,345,000 175,945,363,000 199,063,521,000
 
Misc Intangible Assets 1,551,000 1,809,000 3,312,000
Total Intangible Assets 1,551,000 1,809,000 3,312,000
 
CURRENT ASSETS
Stock & WIP 15,207,885,000 19,718,602,000 22,823,376,000
Trade Debtors 18,167,837,000 18,276,189,000 23,018,823,000
Cash 36,311,532,000 6,466,445,000 8,502,459,000
Tax Recoverable 5,164,505,000 2,205,113,000 2,264,465,000
Misc Current Assets 2,380,666,000 55,794,161,000 38,093,860,000
 
TOTAL CURRENT 77,232,425,000 102,460,510,000 94,702,983,000
 
TOTAL ASSETS   165,196,100,000   336,259,397,000   355,847,855,000
 
Liabilities As at Dec 31, 2005
( Russian Rouble)
As at Dec 31, 2006
( Russian Rouble)
As at Dec 31, 2007
( Russian Rouble)
Capital 5,519,000 10,077,000 10,077,000
Legal Reserves 14,901,882,000 161,264,765,000 161,264,765,000
Retained Profits 95,229,076,000 122,902,878,000 144,697,086,000
Misc Reserves 0 0 504,000
Net Worth 110,136,477,000 284,177,720,000 305,972,432,000
 
Mortgages/Loans 41,675,138,000 26,908,438,000 21,913,724,000
Misc Def Liabilities   1,109,955,000   2,024,980,000   3,152,253,000
 
CURRENT LIABILITIES
Trade Creditors 11,352,799,000 14,263,040,000 16,473,171,000
Bank Overdraft   7,764,149,000 4,336,003,000
Owed to Members 323,626,000 611,733,000 2,637,920,000
Advances Received 2,568,000 2,445,000 3,467,000
Misc Current Liabilities 595,537,000 506,892,000 1,358,885,000
 
TOTAL CURRENT 12,274,530,000 23,148,259,000 24,809,446,000
 
TOTAL LIABS & NET WORTH   165,196,100,000   336,259,397,000   355,847,855,000

Profit & Loss


  Jan 01, 2008
to Dec 31, 2008
( Russian Rouble)
Jan 01, 2009
to Dec 31, 2009
( Russian Rouble)
Jan 01, 2010
to Jun 30, 2010
( Russian Rouble)
Net Sales 243,634,737,000 143,568,222,000 96,149,739,000
Cost of Goods Sold 157,387,515,000 104,520,550,000 68,737,579,000
 
Gross Profit 86,247,222,000 39,047,672,000 27,412,160,000
Selling/Admin Expenses 12,360,874,000 13,441,802,000 8,087,255,000
Misc Operating Charges 57,792,885,000 73,008,898,000 15,374,054,000
Misc Operating Income 36,259,353,000 53,270,460,000 14,616,128,000
 
Net Operating Income 52,352,816,000 5,867,432,000 18,566,979,000
Interest Receivable 4,914,505,000 8,679,256,000 3,604,012,000
Group Related Income 229,043,000 61,648,000 652,000
Total Financial Income 5,143,548,000 8,740,904,000 3,604,664,000
 
Interest Payable 4,675,834,000 8,835,965,000 5,400,788,000
Total Financial Expenses 4,675,834,000 8,835,965,000 5,400,788,000
 
Profit Before Taxes 52,820,530,000 5,772,371,000 16,770,855,000
Income Tax -13,962,962,000 -3,851,208,000 -2,698,409,000
Misc Tax 28,203,741,000 8,266,869,000 6,038,656,000
 
Profit After Tax 38,579,751,000 1,356,710,000 13,430,608,000
 
Net Profit   38,579,751,000   1,356,710,000   13,430,608,000

  Jan 01, 2005
to Dec 31, 2005
( Russian Rouble)
Jan 01, 2006
to Dec 31, 2006
( Russian Rouble)
Jan 01, 2007
to Dec 31, 2007
( Russian Rouble)
Net Sales 143,111,940,000 160,239,297,000 193,470,255,000
Cost of Goods Sold 89,731,125,000 101,438,034,000 124,966,526,000
 
Gross Profit 53,380,815,000 58,801,263,000 68,503,729,000
Selling/Admin Expenses 2,979,605,000 8,242,664,000 10,821,514,000
Misc Operating Charges 17,229,669,000 21,386,051,000 31,128,157,000
Misc Operating Income 16,849,499,000 18,247,610,000 28,791,727,000
 
Net Operating Income 50,021,040,000 47,420,158,000 55,345,785,000
Interest Receivable 1,610,761,000 2,950,329,000 4,073,152,000
Group Related Income 111,902,000 124,263,000 138,508,000
Misc Financial Income 3,913,260,000    
Total Financial Income 5,635,923,000 3,074,592,000 4,211,660,000
 
Interest Payable 3,123,986,000 3,051,904,000 2,387,284,000
Misc Financial Expenses 6,514,666,000    
Total Financial Expenses 9,638,652,000 3,051,904,000 2,387,284,000
 
Profit Before Taxes 46,018,311,000 47,442,846,000 57,170,161,000
Income Tax -11,535,396,000 -11,558,731,000 -14,056,944,000
Misc Tax 23,241,627,000 23,907,962,000 29,125,980,000
 
Profit After Tax 34,312,080,000 35,093,615,000 42,101,125,000
 
Net Profit   34,312,080,000   35,093,615,000   42,101,125,000

Notes on Financials

According to the balance sheet as of Jun 30, 2010.
Financial statement obtained from outside sources on Aug 17, 2010.

Financial Interviews

On Sep 14, 2010 subject confirmed general details in this report.

Investigation Information

On Sep 14, 2010 local informants stated that:
  The volume of export in 2006 totaled $1401135965; in 2007 totaled $1685852925; in 2008 totaled $2282613835; in 2009 totaled $1358031031; The volume of import in 2006 totaled $192084351; in 2007 totaled $209187800; in 2008 totaled $331791752; in 2009 totaled $219869032; The main competitors are: Maksim-Grupp, Stalnaya Gruppa Mechel, ZSMK, Uralskaya Stal, OAO MMK, OAO NLMK. Licence availability report: Number: VOL №01107; type of activity (activities): the right of use of mineral wealth; date of issue: 06.04.2004; validity end date: 07.06.2014; Number: VP-00-009602; type of activity (activities): exploitation of fire and explosion dangerous industrial objects; date of issue: 01.03.2009; validity end date: 31.01.2014; Number:00-EKH-002212; type of activity (activities): Operation of chemically dangerous industrial objects; date of issue: 2008-12-30; validity end date: 2013-12-30; Number: VOL 00918 VE; type of activity (activities): The right of use of bowels; date of issue: 2005-12-01; validity end date: 2011-05-31; Number: VOL 00996; type of activity (activities): The right of use of bowels; date of issue: 2002-07-17; validity end date: 2027-07-17; Summary Issued Capital: The number of ordinary shares - 1 007 701 355 of ROU 0.01 each, shares in N.C., %: 100. OAO “Severstal�? comprises the following business divisions: Severstal Russian Steel is Russia’s largest steel producer and includes the following segments: steel, pipe, metalware, trade and distribution and services as well as scrap procurement operations. The CEO of the division is Anatoly Kruchinin (who is also CEO of Cherepovets Steel Mill). Severstal Resources comprises Severstal’s assets related to iron ore, coal and gold extraction in Russia, CIS, Africa and the USA. The division is one of Russia’s largest producers of pellets and coking coal and the second lagest gold producer in Russia. CEO of the division is Alexander Grubmann. Severstal International comprises Severstal’s operations in Europe and North America. Lucchini Group produces high-quality steels and long products in Italy and France and has a European distribution network. In the United States, Severstal is the fourth largest steel producer. Severstal North America operates four fully-integrated iron steel mills in the US as well as a new generation mini-mill, Severstal Columbus. CEO of the division is Sergei Kuznetsov (also CEO of OAO Severstal North America). In 2009, Severstal produced 16.7 million tones of steel. Revenues were $13.05 billion and EBITDA was $844 billion. Severstal is listed in the RTS and LSE. Its high-quality assets are located in Russia, Ukraine, Kazakhstan, France, Italy, the United States and Africa. Severstal owns mining assets in Russia and in the USA. Severstal gives its name to a Russia Super League ice hockey club, Severstal Cherepovets.

Conclusion

Subject is a leading company in this line, its principals are well known and it is considered trustworthy for normal credit requirements.
top

Appendices

Summarise

Appendices

Customer Service

  Summarise

Customer Service

Speed of service: Typically 4 working days
SCN: 201009275006430011
Order Date: Sep 27, 2010

Should you require any further information or have any questions, please contact your local Customer Service Centre.

Enquiries should always contain the below minimum details please:
  • Full Company Name
  • Full Headquarters Address (street, town, country)
  • Telephone Number
  • Business Identification Number (registration number, chamber of commerce number, VAT number, Government Gazette number)
  • Contact Name
  • SCN
  • Order Date

The information in this report was last updated on Sep 14, 2010.

D&B Rating Glossary

  Summarise

D&B Rating Glossary

D&B Rating – The D&B Rating consists of two parts, the Financial Strength Indicator and the Risk Indicator.
For example: in the case of a 2A 4 rating, 2A means the financial strength of the business and 4 is the risk indicator.

The Risk Indicator is used in conjunction with the Financial Strength Indicator. The Risk Indicator reflects D&B's opinion of the risk associated with trading with a specific business, notably the likelihood of business continuance or failure over the next 12 months. Created from expert rules systems, the Risk Indicator is refreshed whenever data is loaded onto our databases. Please see the table below for the Risk Indicators and their corresponding values.

  Risk Indicators  
  4 Significant level of risk Take suitable assurances before extending credit Assigned to concerns of known financial weakness. A number of years losses, higher than normal working capital deficit, a negative tangible net worth which is worsening, court judgments, bad payments etc. This risk is associated with being a creditor of these concerns is high or significant.
 
  3 Greater than average risk Proceed with transaction but monitor closely Assigned to concerns believed to be financially sound but with a history of slow payments or some losses or working capital deficit. The risk associated with being a creditor of these concerns is higher and would be classified as potentially slow payers or fair trade risk.
 
  2 Low risk Proceed with transaction This is assigned to financially sound concerns, having no known record of bad payments and paying suppliers quickly. The risk of being associated with being a creditor of these concerns would be low and they would be classified as an ordinary trade risk.
 
  1 Minimal risk Proceed with transaction – offer terms required Assigned to companies of undoubted credit standing and financial strength. The risk associated with being a creditor of these concerns would be negligible or zero, the concern which pays bills promptly or discount.
 
  - Insufficient information to assign a risk indicator No public information or D&B proprietary information available to indicate trading activity Assigned to concerns where there is insufficient information available to express any opinion on the condition, financial soundness or payment history of the concern. A concern with no telephone number will also be assigned a “–“ condition.
 

The Financial Strength Indicator is based on either Net Worth or Issued Capital. The table below contains the possible values.

  Financial Strength Indicator Range  
  Net Worth Capital FROM TO  
  5A 5AA $60 million And above  
  4A 4AA $25 million $60 million  
  3A 3AA $12 million $25 million  
  2A 2AA $2.5 million $12 million  
  1A 1AA $1.2 million $2.5 million  
  A AA $600,000 $1.2 million  
  B BB $345,000 $600,000  
  C CC $175,000 $345,000  
  D DD $120,000 $175,000  
  E EE $60,000 $120,000  
  F FF $35,000 $60,000  
  G GG $15,000 $35,000  
  H HH 0 $15,000  
  Alternate Ratings Used  
  N Financial Strength is negative  
  O Financial Strength is undisclosed  
  NB New Business: Less than 24 months  
  NQ Out of Business: Business has ceased to trade  

Financial Ratio Glossary

  Summarise

Financial Ratio Glossary

Key Business Ratios are used to identify irregularities in the status and future potential of a company.

Name Formula Explanation
Current Ratio (x) Total Current Assets / Total Current Liabilities This ratio shows the cover by current assets of short term creditors, and the higher the ratio the more assurance there is that payment of creditors can be met.
Solvency Ratio % ((Total Current + Deferred + Long Term Liabilities) / Tangible Net Worth) x 100 From this can be seen the extent to which the company is financed by creditors and debt rather than permanent finance.

The higher the ratio the more likely it is that debt (either short term or long term) will be a burden to the company. The effect is higher interest charges, lower profits and a squeeze on liquidity to the disadvantage of creditors.
Fixed Assets to Net Worth (%) (Total Fixed Assets / Tangible Net Worth)x 100 The proportion of net worth that consists of fixed assets will vary greatly from industry to industry, but in general terms a company is under capitalised if fixed assets exceed net worth. In this case it is possible that the company has too much debt, and it should therefore be examined with care.

If on the other hand fixed assets are much lower than net worth the company is over capitalised and is either extremely cautious or in a position to expand. thus a ratio either well in excess of the median, or well below it, means that the company should be looked at with care.
Current Liabilities to Net Worth (%) (Total Current Liabilities / Tangible Net Worth) x100 This contrasts the funds that creditors are temporarily risking with a company with the funds permanently invested by the owners.

The higher the ratio the less security for creditors. Care should be exercised when selling to any company with creditors of less than one year exceeding two thirds of net worth.
Asset Turnover (%) (Turnover / Total Assets(including Intangibles)) x 100 This ratio measures how efficient the company's management has been in generating sales from the assets at its disposal.

The measure can vary considerably from industry to industry and should therefore be judged according to the industry norm.
Sales to net working capital (x) Turnover / Net working capital * This ratio indicates whether a company is overtrading (handling an excessive volume of sales in relation to working capital). Companies with substantial sales gains often reach a level where their working capital becomes strained.

Even if they maintain an adequate total investment for the volume being generated (assets to sales) that investment may be so centred in fixed assets or other non-current items that it will be difficult to continue meeting all current obligations. A ratio falling into either an extremely high or low position may indicate potential problems.
Assets to Sales (%) (Total Assets(including Intagibles) / Turnover) x 100 This correlates sales with the total investment that is used to generate those sales. By comparing a company's ratio with industry norms it can be be determined whether the business is overtrading or conversely, carrying more assets than needed for its sales volume.

Abnormally low ratios can indicate overtrading which may lead to financial difficulties if not corrected. Extremely high ratios can be the result of a too conservative management or too low a level of turnover.
Profit Margin (%) (Profit before Tax / Turnover) x 100 This reveals the profits earned per pound of sales and therefore measures the efficiency of the operation.

This ratio is an indicator of the business'ability to withstand adverse conditions such as falling prices, rising costs or declining sales
Shareholders' Return (%) (Profit before Tax / Tangible Net Worth*) x 100 This ratio is used to analyse the ability of the company's management to realise an adequate return on the capital invested by the owners of the business. There is a tendency to look increasingly to this ratio as a final measure of profitability.

Generally, a relationship of at least 10% is regarded as desirable for providing dividends plus funds for future growth.
Return on assets (%) (Profit before Tax / Total Assets) x 100 This is the key indicator of profitability for a company it matches operational profits with the assets available to earn a return.

Companies using their assets efficiently will have a relative high return while less well run businesses will have a relatively low return
Sales per Employee (000) Turnover / Employees This gives an indication of the efficiency of the labour force. This ratio will vary considerable from industry to industry
Profit per Employee (000) Profit before Tax / Employees This ratio gives a guide as to how effectively the labour force is utilised, and is the best way to measure productivity of labour investment

Glossary of Legal Forms

  Summarise

Glossary of Legal Forms

Legal Form Legal Form (local)
Legal form not ascertained Юридиче�?кие лица, �?вл�?ющие�?�? коммерче�?кими организаци�?ми
State Owned Concern Унитарные предпри�?ти�?
State Owned Concern Унитарные предпри�?ти�?, о�?нованные на праве оперативного управлени�?
State Owned Concern Унитарные предпри�?ти�?, о�?нованные на праве хоз�?й�?твенного ведени�?
Public Joint Stock Company Открытые акционерные обще�?тва
Partnership Хоз�?й�?твенные товарище�?тва и обще�?тва
General Partnership Полные товарище�?тва
Co operative co Производ�?твенные кооперативы
Co operative co Кре�?ть�?н�?кие (фермер�?кие) хоз�?й�?тва
Joint Stock Company �?кционерные обще�?тва
Partnership Товарище�?тва на вере
Limited Liability Company Обще�?тва �? ограниченной ответ�?твенно�?тью
Unlimited company Обще�?тва �? дополнительной ответ�?твенно�?тью
Private Joint Stock Company Закрытые акционерные обще�?тва
State Owned Concern Дочерние унитарные предпри�?ти�?
Social enterprise Юридиче�?кие лица, �?вл�?ющие�?�? некоммерче�?кими организаци�?ми
Partnership Садоводче�?кие, огородниче�?кие или дачные некоммерче�?кие товарище�?тва
Cooperative �?�?�?оциации кре�?ть�?н�?ких (фермер�?ких) хоз�?й�?тв
Social organization Органы обще�?твенной �?амоде�?тельно�?ти
Syndicate Финан�?ово-промышленные группы
Social organization Территориальные обще�?твенные �?амоуправлени�?
Social organization Учреждени�?
State Owned Concern Го�?удар�?твенные корпорации
Social organization Обще�?твенные и религиозные организации (объединени�?)
Social organization Обще�?твенные движени�?
Co operative co Потребитель�?кие кооперативы
Partnership Про�?тые товарище�?тва
General Partnership Фонды
Social organization Прочие некоммерче�?кие организации
Foreign company Пред�?тавитель�?тва и филиалы
Proprietorship Индивидуальные предприниматели
Syndicate Паевые инве�?тиционные фонды
General partnership Объединени�? юридиче�?ких лиц (а�?�?оциации и �?оюзы)
Partnership Товарище�?тва �?об�?твенников жиль�?
Partnership �?екоммерче�?кие партнер�?тва
Social organization �?втономные некоммерче�?кие организации
Legal form not ascertained Иные неюридиче�?кие лица
Proprietorship Организации без прав юридиче�?кого лица, индивидуальные предприниматели

Glossary of Currencies

  Summarise

Glossary of Currencies

Abbrev. Currency Name Abbrev. Currency Name
AMD Armenian Dram LAT Latvian Lats
AZM Azerbaijani Manat (Old) LEI Romanian Lei (Old)
AZN Azerbaijani Manat (New) LEK Albanian Lek
BAM Bosnia-Herzegovina Convertible Mark LEV Bulgarian Levs
BLR Belarusian Rouble LTS Lithuanian Litas
RSD Serbian Dinar MAL Maltese Lira
CYL Cypriot Pounds MLL Moldovan Leu
DRA Greek Drachma RON Romanian Lei (New)
EUR Euro ROU Russian Roubles
EEK Estonian Kroon TJS Tajik Somoni
GBL Gibraltan Pounds TKM Turkmen Manat
GEL Georgian Lari TUL Turkish Lira (old)
HRD Croatian Dinar UKL Pounds Sterling UK
HRK Croatian Kuna USD U S Dollars
HRY Ukrainian Hryvnia UZS Uzbekistani Sum
IKR Icelandic Krona YTL Turkish Lira (new)
KYS Kyrgyzstani Som YUD Yugoslavian Dinar
KZT Kazakhstani Tenge ZWD Zimbabwe Dollars

Confidentiality

CONFIDENTIAL....THIS INFORMATION IS PROVIDED BY D&B EUROPE LTD SUBJECT TO THE TERMS AND CONDITIONS OF YOUR SUBSCRIPTION CONTRACT AND IS NOT TO BE DISCLOSED.

  This report is forwarded to the Subscriber in strict confidence for the use by the Subscriber as one factor to consider in connection with credit and other business decisions. This report contains information compiled from information which Dun & Bradstreet does not control and which has not been verified unless otherwise indicated in this report. Dun & Bradstreet therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. Dun & Bradstreet disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report.

COPYRIGHT 2010 DUN & BRADSTREET. THIS REPORT MAY NOT BE REPRODUCED IN WHOLE OR IN PART IN ANY FORM OR MANNER WHATSOEVER.
top