CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for Hess AG is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

Hess AG
Lantwattenstrasse 22
Phone: +49 77219200p:+49 77219200 Villingen-Schwenningen, 78050  Germany Ticker: HEAGHEAG

Filed for Bankruptcy on 2/13/2013
On 10/1/2013, the business operations of Hess AG Form + Licht were transferred to an association founded by Nordeon BV by way of an asset deal. Nordeon BV has also taken over the Hess associations in the USA, as well as in Scandinavia, by way of a share deal. Hess AG initially remains as an empty coat through the disposition of business operations and is going to be fully liquidated in the course of the ongoing insolvency proceedings.
On 3/8/2013, Vulkan GmbH, the Company's wholly owned subsidiary, filed for opening of the insolvency procedure at the District Court of Villingen-Schwenningen. On 3/14/2013, all assets, activities and people from Vulkan GmbH were acquired by Nordeon.
This company is no longer actively traded on any major stock exchange.

Business Summary
Hess AG is a Germany-based company engaged in the provision of luminaries and street and site furnishings. It is globally active and operates brands .hess and emdelight. The Company operates two divisions: Lighting Products and Lighting Projects. The Lighting Products division focuses on energy-efficient and functional external lights. The range of Lighting Products division's services encompasses the development, design, manufacturing and distribution of external lights. The Lighting Projects division is engaged primarily in complex lighting solutions for external applications. The range of services provided by the Lighting Projects division encompasses the design, planning and implementation of tailored and whole lighting solutions centered on a structural concept. In October 2013, the operations of Hess AG Form + Licht were transferred to an association founded by NORDEON BV, which also took operations in the United States and Scandinavia. Hess AG (in insolvency) has no operations.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/201212/31/2011Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Supervisory Board Timvan Delden 39 12/8/2011
Sole Member of the Management Board Andreas R.Budde 2/27/2013 2/27/2013
Vice Chairman of the Supervisory Board JuergenHess 68
Member of the Supervisory Board WolfgangRombach 52

Business Names
Business Name
0QAD
HEAG

General Information
Number of Employees: 385 (As of 9/30/2012)
Outstanding Shares: 2,645,000 (As of 10/25/2012)
Stock Exchange: ETR
Fax Number: +49 7721920250


Copyright © 2021 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Thursday, May 6, 2021